Course Summary:
Explains what an asset criticality ranking system is, how to construct one and then apply it in multiple uses. Participants’ practice building and using these tools.
Delivery: Virtual Classroom or classroom
Duration: 1 day
Class Size: 15
Overview:
It is essential for an organisation to prioritise their assets, systems and activities to ensure that the most important things are always put first. Criticality is a very good way to do this prioritisation. Also, the course will explore the benefits of considering the ‘importance and urgency of attention’ for assets, systems and activities, and how combining these criteria can help us optimise our intervention options.
Learning Outcomes:
To enable staff to understand the key elements of criticality assessment and analysis. And how they can be created, optimised and applied in an organisation.
Also, how a combination of ‘importance’ criteria and ‘urgency’ criteria can be used as an optimal process in determining which issues should be prioritized for attention. And how this process can be applied to assets, systems and other organisational activities.
Benefits:
The course participant will be able to run RCA teams or participate in RCA teams investigating and identifying the underlying problems for correction of non-conformities in assets, processes, systems, machinery, accidents and incidents.
Target Audience:
This course is applicable to:
- Middle managers
- Team leaders
- Operations and production engineers
- Safety and Maintenance & Operations staff
Pre-requisites:
Although no pre-qualification is required, a degree-level or HND qualification is recommended.
Explains what an asset criticality ranking system is, how to construct one and then apply it in multiple uses. Participants’ practice building and using these tools.
Delivery: Virtual Classroom or classroom
Duration: 1 day
Class Size: 15
Overview:
It is essential for an organisation to prioritise their assets, systems and activities to ensure that the most important things are always put first. Criticality is a very good way to do this prioritisation. Also, the course will explore the benefits of considering the ‘importance and urgency of attention’ for assets, systems and activities, and how combining these criteria can help us optimise our intervention options.
Learning Outcomes:
To enable staff to understand the key elements of criticality assessment and analysis. And how they can be created, optimised and applied in an organisation.
Also, how a combination of ‘importance’ criteria and ‘urgency’ criteria can be used as an optimal process in determining which issues should be prioritized for attention. And how this process can be applied to assets, systems and other organisational activities.
Benefits:
The course participant will be able to run RCA teams or participate in RCA teams investigating and identifying the underlying problems for correction of non-conformities in assets, processes, systems, machinery, accidents and incidents.
Target Audience:
This course is applicable to:
- Middle managers
- Team leaders
- Operations and production engineers
- Safety and Maintenance & Operations staff
Pre-requisites:
Although no pre-qualification is required, a degree-level or HND qualification is recommended.
Course contents:
Introduction to Asset Management
- What is Asset Management
- IAM Conceptual model
- Asset Management processes
- Critical Systemic “enablers”
- Scope of ISO55000
Introduction to Criticality Assessment Analysis
- What is Criticality – the classic view
- Risk – Crisis or Opportunity
- Understand risk at different levels in an organisation
- Explore different types of risk
Exploring the ‘importance’ of attention
- Asset Value – ‘Shamrock’ Diagram and ‘RELiCS’
- Scales of Impact
- Quantifying the importance
- Risk Matrices
- Improvability – the importance of attention
- Asset group size i.e., how big is the pot of improvability
Exploring the ‘urgency’ of attention
- Asset/System Age or Utilisation measures
- Asset Health Index
- External/Internal events on the Horizon
Combining ‘Importance’ and ‘Urgency’
- Optimal activities to focus on