This program examines lean thinking and techniques for decision analysis with emphasis on the lean approach and responsiveness to the customer requirements. Decision-making is the most central human activity, intrinsic in our biology, and done both consciously and unconsciously. We need it to survive. Taking a decision is not just a question of selecting the best alternative. Often one needs to prioritize all the alternatives for resource allocation among a portfolio of the option or to examine the effect of changes introduced to initial judgments
At the end of this conference the participants will be able to:
Improve productivity through the use of better, timelier information.
Understand how world-class organizations solve common asset management problems.
Optimize planning and scheduling resources.
Carry out optimized failure analyses.
Optimize asset management budgets by the avoidance of unplanned equipment failures in service.
Develop a practical approach of an action plan to utilize these technologies in their areas of responsibility, fitting them into the overall strategy, and measuring benefits.
Operation Professionals
Maintenance Professionals
Reliability Professionals
Key Operations Supervisors
Internal Improvement Consultants
Scope and significance of Decisions
The Decision Making Process
Choosing Between Options by Projecting Likely Outcomes
Decision Tree Analysis: decision models; low probability, high-consequence events; valuing additional information and control
Monte Carlo Simulation: optimization; advantages and limitations
Definition of Decision Analysis
How, and Why, Bad Decisions are Made
Problems with Traditional Methods
Guidelines for Good Decision Analysis
What is AHP?
The Comparative Matrix
Consistency Analysis
Sensitivity Analysis
Benefit/Cost Analysis
Resources Allocation
Applications of the AHP (The Concorde Case, Maintenance Strategy, Highway planning)
Risk Mitigation
Fault Tree analysis
Risk Priority Number
The Criticality Matrix
Equipment Criticality Grading
Cases from Oil and Gas Industry and others
Modelling Reliability of Systems
Series and Parallel Systems
The Redundancy Concept
Types of Redundancy
When to Use Redundancy
What is ERP and how did it develop
What is MRP System
What is MRPII System
Planning and Control
The Bill of Materials
Master Production Schedule
Scope of Decisions
Challenges of Performance Measures
Performance Measures as a Continuous Improvement Process
Desirable Features in Maintenance Performance Measures
Best and Worst Practices in Performance Measures
Advantages of OEE as an Improvement Programme
Lean Maintenance through the Use of OEE
Analysis of the Six-Big Losses
Basics of design evaluation
How to convert the voice of the customer to engineering solutions for a better design
Apply the concept of House of Quality in practical cases
How to get the most of your CMMS?
Benefits that can result from CMMS
Optimum Decisions for Maintenance Policies
Unmet needs in Responsive Maintenance
Key Features of Next Generation Maintenance Systems
Corporate social responsibility (CSR) is a management concept whereby companies integrate social and environmental concerns into their business operations and interactions with their stakeholders. CSR has been considered an efficient marketing tool for gaining the competitive advantages a company needs in order to be on top in the context of the current hyper-competitive environment.
You will learn vital skills for managing and creating content in this course. To help you establish a social media presence, you'll learn how to craft compelling social media posts and how to develop a powerful brand. Additionally, you'll discover how to create an ongoing procedure for handling your content. A content calendar should be created, postings should be managed and moderated, data should be analyzed for insights and iteration, and post effectiveness should be increased.
Are you under pressure from an ever-growing task list, conflicting demands and constantly changing priorities? Productive working practices are valuable skills in today’s work environment. Competition is intense and companies need people who can organize their time effectively, collaborate with others to achieve goals, and who constantly strive to better meet customer and stakeholder needs.
This popular course will support you to develop practices and techniques to manage this pressure proactively, allowing you to meet deadlines and deliver against your objectives. You will also develop skills in working well with others to ensure success.
The 5-Day Mini MBA is a unique distillation of the skills that need to be acquired in order to be considered successful in modern business. Not everyone is able to devote a year or two of their time to studying for a Masters in Business Administration, but in an age of rapid change in a highly competitive environment, it is crucial to have a thorough understanding of the issues involved in the smooth and successful running of a business. The 5 Day Mini MBA Leadership & Management Masterclass is a highly intensive training course covering all the usual subjects associated with an MBA. In 5 days, a delegate will learn what normally takes a year of full-time study. The Mini MBA course is designed to provide delegates with comprehensive knowledge of fundamental, proven strategies taught as both an academic and practical exercise. As a result, the course will provide a comprehensive understanding of the skills and knowledge that will be required for any person to further develop their business knowledge and skills and even to prepare them for actual formal study for an MBA. The course is designed to be delivered either as an “In House” class for an organization’s directors and senior management or as a public class where delegates from a number of companies can learn both from the course and from one another and exchange ideas and best practice.
Large capital-intensive projects in the oil and gas industries require substantial - and mostly risky - investments in the acquisition, exploration, and subsequent operation and maintenance of new organizational assets.
The decision of whether or not to invest in new capital projects in the oil and gas industry starts with critical decisions during the exploration phase of new development or the expansion of an existing field. The decision-making tools used to analyze project risk under conditions of uncertainty will help companies to determine the probability of success or loss and will drive the decision to develop or abandon the well.
Crisis management is concerned with responding to, managing, and recovering from an unforeseen event. Risk management is concerned with identifying, assessing, and mitigating any activity or event that could cause harm to the business. Risks can be strategic or operational in nature. A business continuity plan (BCP) is a process that outlines the potential impact of disaster situations on business operations. It creates policies that respond to various situations to ensure a business is able to recover quickly after a crisis.