Latest News

Go back to news

MASTER CLASS Asset Management for Rail - KL 25th-29th August 2014

Wed 05 February 14

MASTER CLASS Asset Management for Rail - KL 25th-29th August 2014

A 5 day intensive course for Asset Management in Rail is to be delivered on the 25th-29th August 2014.

The course is available to anyone who works with rail assets.

The course modules are;

Module 1: Local Asset Management Challenges
• Group exercise – Understand what are our local challenges and currently are;
o Issue analysis
o Prioritization of fundamental issues – top 5
o Team discussion
o How to resolve our top issues through our training

Module 2: An approach to World Class Asset Management Infrastructure
• The evolution of asset management & standards
• PAS55/ISO 55000
• The differences between the 2 standards
• Multiple asset classes
• A whole lifecycle perspective
• Collaborative focus
Group exercise: Defining Asset management in your organization

Module 3: World Class Asset Management – A Shared Vision
• Standards and Best Practice internationally
BSI PAS55/ISO 55000
PAM (Assessment methodology)
• PAS55/ISO 55000 structure & process
• Choosing the right standard for your organisation
Group exercise: Comparing and contrasting your business to PAS55/ISO55000 (gap analysis)

Module 4: Asset Management Sustainability model
• Infrastructure Types
• Case study Rail
• Asset Management Framework
• Components of the framework
• Case Study – Water
Group Exercise: Identification of Infrastructure type for your organization

Module 5: World Class Asset Management Deployment
• Levels of Asset Management system
Group exercise: How to approach asset management within your organization

Case Study Network Rail PAS55 approach, strategy & policy

Module 6: Performance Measurement
• Key performance Indicators (KPIs)
• Benchmarking
EAM Performance Measurement

Module 7: Existing asset management approach
• Group exercise to map out existing approach to asset management
o Process mapping
o Identifying the bottlenecks
o Identification of the gaps

Module 8: Asset Management System
o Group exercise

Module 9: Introduction to the fundamental support processes for Asset Management (enabling mechanism)

• Asset Management Framework
• Asset Risk Management
• Value Management
• Value Engineering
• Reliability Centered Maintenance

Case study Network Rail & Video

Module 10: Mapping out fundamental processes to current practice
• Group exercise
o What are the current fundamental process used in your organization
o Where and When are they applied
o Compare and contrast your organization to fundamental support process
o Identify the gaps and where they are

Case study and example templates from Network Rail

Module 11: Risk Management
• The fundamentals of Risk
• Corporate governance
• Risk language and how to describe asset risks
• How to describe risks
o Group exercise – identifying risks in a case study and describing the risks using the risk chain
Module 12: Risk Management
• Business Risk
• Asset Risk
• Project Risk
• Schedule risk
• Risk Management Process
o Group Exercise
o Risk management within your organization

Module 13: The risk management cycle
• Introduction to PRAM best practice risk management cycle
• Overview of the risk cycle

Module 14: Define the objectives
• How to define the objectives
• Risk case study example
o Group exercise – identification of objectives

Module 15: Risk Identification
• Methods for identifying risks
• Tools and techniques for risk identification
o Group exercise – risk identification

Module 16: Risk Assessment
• How to assess risks
• Impact and Probability scales
• Recording risk assessment
o Group exercise – risk assessment
Quantifying risks

Module 17: Risk treatment
• Introduction to risk mitigation
• Tools and techniques to mitigate risk
• Cost benefit ratio
• Case study examples
o Group exercise – risk mitigation

Module 18: Managing Risk
• The iteration process
• Risk control
• Keeping risk live
• Case study examples

Module 19: Review
• Review and update of risks
• Tried and tested methods
• Case study examples

Module 20: Investment decisions linked to risk management
• How to link investment to risk management
• Cost benefits ratio
• Assessment of assets linked to capital investment

Module 21: Value Management
• Introduction to VM methodology
• Project lifecycle and intervention points
• Introduction to the Job Plan
• Steps of the job plan
o Information Phase
o Function & Analysis Phase
o Creative Phase
o Evaluation Phase
o Development Phase
o Implementation and follow up Phase

Module 22: Information Phase
• Introduction to case study: Rail (please bring a live case study)
• Information Phase
o Group Activity

Module 23: Functional Analysis
• Tools and Techniques
o Group Activity – building a FAST for your case study

Module 24 Creative Phase
• Tools and techniques
• Brainstorming
• Edward De Bono
• Lateral Thinking
o Group Activity – Application of Creative tools and techniques to case study

Module 25: Evaluation Phase
• Benefits & concerns analysis
• Decision matrix
o Group Activity – Application of Evaluation tools and Techniques to case Study

Module 26: Development Phase
• Tools & techniques
• Ownership
• Risk Management
o Group Exercise – Application of Development tools and techniques to Case Study

Module 27: Implementation and Follow up phase
• Tools & techniques
• Action Planning
• Post Project Review
o Group Activity – Defining the next steps and what to include in your case study

Module 28: Asset Risk Management
• The relationship between functionality, risk related to asset performance
• Defining asset functionality

Module 29: Value Engineering and WLC
• Difference between VM and VE
• How VE creates WLC for Asset management

Module 30: Value Engineering Case Study Rail
• Group Exercise - apply the whole VM methodology to the case study and define VE cost savings.
• Presentation from each group

Module 31: Reliability Centered Maintenance

• Where RCM fits in with Asset Management and Best Practice
• The Purpose and Principles of RBM
• The RBM process used by Network Rail
RCM: The 7 basic questions
• Applying the RCM process
• What RCM achieves

Module 32: Primary and Secondary functions
• How to identify & describe
• Performance and operating context
• How functions should be listed
o Group Exercise: Identify & describe the primary and secondary functions on your live case studies

Module 33: Functional Failures
• Functions and failures
• Performance standards and failures
• How functional failures should be listed
o Group Exercise: Describe your functions and failures to your case study

Module 34: FMEA (Failure Modes and Effect Analysis)
• What is a failure mode and its characteristics
• Why analyse failure modes
• Categories of failure mode
• How much detail?
• Root cause analysis
• Probability and consequence
• Failure Effects
• Evidence of failure
• Sources of information
• Safety and environmental hazards
• How to FMEA should be listed
o Group Exercise: Apply FMEA to case study

Module 35: Failure Consequences
• Safety and environmental consequences
• Tolerability and worth doing decisions
• Hidden and evident failures
• Operational consequences
• Non-operational consequences
• Hidden failure consequences
o Group Exercise: Apply learning to case study

Module 36: Predicting and preventing failure
• Age related failures
• Component life
• Mean time between failure
• P-F interval
• How to evaluate whether preventative maintenance is appropriate
o Group Exercise: Application of techniques to case study

Module 37: Selecting proactive tasks
• The possibility of no scheduled maintenance
• How to develop a scheduled maintenance plan for an asset
• How to build on the output of previous RBM analysis
o Group Exercise: application to Case Study

Module 38: Implementation
• Cross functional team and resources
• The implementation process for new maintenance regimes
• The timescales for process

Module 39: Asset Management Policy
• Defining an asset management policy
o Group exercise: Define the asset management policy for your organisation

Module 40: Asset Management Strategy
• What to include in your strategy
• What must it specify
o Group exercise: Identify your asset management strategy

Module 41: Asset Management Framework
• Core decisions and activities
• Enabling mechanisms
• Reviewing mechanisms
o Group Exercise: Creating a fit for purpose asset management framework for your organisation

Module 42: Specification: Core decisions and activities
• Network Objectives
• Route Strategies
• Asset Strategies
• Route asset Plans
• Route Delivery Plans
• Execution of Work
• Operating strategy
• Route operation Plans
• Timetabling and access planning
• Network operation
o Group Exercise: Define what you need to do in your organisation

Module 43: Enabling mechanisms
• Asset Information
• Whole life cost tools
• Risk Management
• Business processes
• Competencies
• Supply Chain management
o Group exercise: Define your current gaps and how you intend to enhance your enabling mechanisms

Module 44: Specification: Reviewing mechanisms
• Audits
• Key Performance Indicators (KPIs)
• Management Reviews
• Corrective actions
o Group Exercise: Clarify what your current mechanisms are and identify and gaps. And identify how you intend to fill the gaps.

Module 45: Putting everything into practice

Group Exercise:

o Stepping stones
o Mapping where you are now and where you need to be
o What are the key tasks that need to be done on your journey for World Class Asset Management
o How will you know you have got there
o What have you learnt from the training

Please get in touch for further information


Web Design . Graphic Design by

Linkedin Facebook