ASSET MANAGEMENT TRAINING
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1 ASSET MANAGEMENT TRAINING 3rd and 4th August 2010, Duxton Hotel, Auckland Asset Economics, Lifecycle & Costing 18th & 19th August 2010, Mercure Hotel, Auckland 25th and 26th August 2010, Mercure Hotel, Auckland Facilitators: Aubrey Joachim Mike Killick REGISTER TODAY! Phone (09) Fax (09) Internet
2 Operational Asset REGISTER TODAY! Phone (09) Fax (09) Internet Auckland 3rd and 4th August 2010, Duxton Hotel Facilitators: Mike Killick Developing your asset management strategy What is best practice asset management? An overview of various best practice processes and tools Understand the benefits of customised best practice Understand your business strategy in order to develop your asset management strategy Linking your organisations strategy, goals and objectives to your asset management strategy What should an asset management strategy contain? Developing a strategy that is specific to your organisation and your assets Asset usage and the asset management plan Understand how your assets are being utilised now and into the future What are the requirements of the end user? What assets are truly critical to your business? Understand how supply chain management impacts on asset utilisation Understand the importance of supply chain management, planning and communication in order to improve asset utilisation and therefore performance Implementing the asset management strategy via your asset management plan Understanding what an asset management plan is Understanding how an asset management plan is used in dayto-day business Understanding the tools and techniques that can be used to assist with implementing the asset management plan Developing and implementing key performance indicators and performance metrics that support the achievement of the plan and the strategy Communicating and managing the asset management plan to achieve the defined goals and objectives Maintaining your assets for effective asset utilisation Understand the difference between 1st, 2nd and 3rd generation maintenance Learn how to develop your 4th generation maintenance strategy/plan that is specific to your assets Understand how to determine what assets are critical and how this impacts on you maintenance plans Understand the importance of a maintenance planning framework and the need for a planners plan Internal v. external resources - Understand when to use what External resources - How to manage these resources via formal service level agreements Learn how information management and technology can assist with the management of your maintenance programme Developing and implementing key performance indicators and performance metrics that support the maintenance plan People and asset management - Implementing the change process Developing and implementing asset management plans requires people to change - How will you manage this change process? Understand some of the fundamental requirements of managing change within your team Learn how to implement simple, effective yet practical change management techniques to improve team performance and their acceptance to change Understand the fundamentals of high performance teams and how to create such a team within your asset management team Seminar closure Tying it all together into your own action plan to implement your learning s from the seminar What, when, who? Discussions on your way forward approach from this point on Seminar wrap-up Kept to the agenda with practical matters. Excellent. Graham Fitzgerald, Regional Property Manager, Department of Corrections
3 Asset Economics, Lifecycle & Costing Auckland 18th & 19th August 2010, Mercure Hotel Facilitator: Aubrey Joachim Day One Asset economics: Balancing financial and asset outcomes What is the concept of asset economics? Relating service strategies to asset capabilities Understanding the relationship between asset management and financial objectives Factoring risk into asset economics Achieving the optimal balance and minimum life-cycle cost Day Two Capital investment decisions Establishing a robust framework for investment planning management Evaluating options based on sound financial bases Applying traditional financial evaluation techniques accounting tools and techniques supporting investment decision making gateways to ensure robust decision making Linking asset management to organisational business planning Understanding an organisation s strategic planning framework Establishing the ultimate goals and objectives of the organisation Establishing customer requirements and servicing strategies Evaluating asset capability to deliver the service outcomes and identifying gaps Identifying and understanding the underlying cost base Analysing financial data to identify types of costs Capturing operational data that will assist with understanding costs Establishing a direct operating expenditure (DOE) base line Identifying the financial performance of the assets Applying ABC/ABM principles to asset economics ABC/ABM and output budgeting Rolling forecasts - a continuous view of the organisation Identifying mandatory and discretionary spend Prioritisation of discretionary spend Using internal benchmarking as a de-facto budget methodology The role of technology in the decision to change Asset management strategies Definition of the asset management concept Developing a strategic framework for asset management The asset planning process Identifying and evaluating life-cycle management options Identifying and costing the risks in asset management strategies New business models for efficient and cost effective operations Developing asset management plans The purpose of the asset management plan Contents of an asset management plan Data sources that contribute to the asset management plan Uses of the asset management plans Financial input into the asset management plans Keeping asset management plans current Developing an organisational performance management framework What are the relevant performance indicators? Introducing non-financial measures to complement traditional budget and cost controls Mining data for effective asset management Developing reporting formats that make sense to the business The ultimate performance management framework Developing an asset scorecard
4 Auckland 25th and 26th August 2010, Mercure Hotel Facilitators: Mike Killick Introduction to reliability Defining reliability Reliability from a practical perspective RCM in context History of RCM Case Study: RCM at Boeing How has RCM changed? RCM Introduction, Terminology & Context Why/how is RCM different? RCM Assumptions Expectations Where does RCM fit? Who should you use RCM? RCM as risk management (AS/NZS4360: 1999) Plant functions Visible Functions Hidden Functions Functional failures and failure modes Hidden failures Causes of failures Failure mode and effect analysis Mean time to Repair Failure Rates Exercise: How to identify failure modes and their impact on plant Failure consequences What are the effects of each failure? Costs/Levels of failure Life Cycle Costs of Failure/Redundancy Exercise: Assessing the total cost impact of failure on your business Maintenance task types What can you do to predict and prevent failure? Task selection logic Understanding the Task Selection Process Maintenance scheduling Setting the Maintenance Schedule with RCM Exercise: Selecting optimum maintenance task and frequency Interfacing with production Using RCM to maximise plant uptime Risk management strategies On-condition maintenance tasks, Scheduled restoration or discard maintenance tasks, Failure-finding maintenance tasks One-time changes Practical implementation of RCM Phases: Prepare, Demonstrate, Execute Case Study: Practical Implementations of RCM in NZ RCM Key success factors Seminar closure Tying it all together into your own action plan to implement your learning s from the seminar - What, when, who? Discussions on your way forward approach from this point on Seminar wrap-up OTHER COURSES YOU MAY ALSO BE INTERESTED IN: The Commercial Engineer - 3rd Quarter 2010 TBC People Skills for Technical Professionals October 2010 CUSTOMISED IN-HOUSE TRAINING If you have a number of staff in your organisation who require training, Bright*Star offers customized in-house training solutions. Contact us now to discuss how you can SAVE UP TO 40% on public training costs. Call Michael Earley on (09) or mike@brightstar.co.nz
5 About these courses Asset networks comprise a huge investment for most companies and millions of dollars are spent annually in maintenance and asset management programmes. There is no doubt that maintaining and operating an asset base swallows up a massive percentage of annual expenditure, so it is critical that these assets are managed to support organisational performance and enhance your bottom line. Develop and operate a sustainable asset care strategy by learning the fundamental principles of strategic asset management in this interactive and intensive two-day course. It s about decision making - what assets to increase, what to reduce and what to modify, all in order to provide cost effective services in the right place at the right time to best suit your organisation s strategic and business needs. Improve your return on assets by registering for today Asset Economics, Lifecycle & Costing Effective asset management strategies require that both physical and non-physical assets are holistically managed and operated. The objective is to provide an efficient and effective active service so as to meet the assets service delivery requirements at the lowest long run cost. Applying asset economic modelling to effectively manage life cycle cost of owning, managing, operating and maintaining assets combines asset management principles with robust financial management tools and techniques. Good asset management integrates with corporate strategy development and business planning and ensures that non-asset solutions, life cycle costs and risks are considered through the key phases in asset life cycles. Reliability-centred maintenance, often known as RCM, is an industrial improvement approach focused on identifying and establishing the operational, maintenance, and capital improvement policies that will manage the risks of equipment failure most effectively. This two day seminar will give you the tools and techniques to plan your maintenance effectively using RCM frameworks in order to increase the efficiency and life time of your plant and machinery. Aubrey Joachim Aubrey Joachim is a Fellow of the Chartered Institute of Accountants (CIMA) UKas well as an MBA. He has more than 25 years of handson management accounting experience with global conglomerates. Aubrey has spent most of his working life in industries and organisations that have significant investment in infrastructure assets working alongside engineers, project managers, asset planning managers and investment program managers providing value adding financial management advice. This unique exposure has given him the opportunity to relate strategic financial and management accounting concepts to the effective management of large asset portfolios. He is well qualified to bring together the financial and asset management disciplines in developing robust models for optimally managing the life cycle of assets. His country listing includes Sri Lanka, Dubai, Singapore, U.K. and Australia. Mike Killick Who should attend? Asset Managers Facilities Managers Property / Building Managers Project Managers Financial Controllers Finance and Administration Officers Engineers Corporate Planners Strategic Planning Managers Maintenance Managers Technicians (MBA, BE.Mech (Hons), M.MESNZ, M Inst D) Mike is the Principal Adviser at OpEx Ltd, an organisation focussed on Creating Operational Excellence in the industrial and manufacturing sector. Mike has Masters of Business Administration, an Engineering Degree, and a Member of the Institute of Directors. Mike is also the Chairperson of the Maintenance Engineers Society of New Zealand (MESNZ), a society focussed on improving the management and delivery of maintenance within New Zealand, and a Director of Mainland Soccer. Mike specialises in the area of Total Asset within the industrial manufacturing sector and has consulted to leading organisations within New Zealand. In these roles, Mike has undertaken a number of wide ranging management improvement projects that involve a review of the status quo maintenance management systems currently in use. (MBA, NZCE.Elect, NZCE. ComTech, M.MESNZ) is the Principal Adviser at OpEx Ltd. Alex has a Masters of Business Administration and has Electrical/Electronics Engineering qualifications. Alex specialises in the area of Total Asset within the industrial manufacturing sector and has worked in leading organisations within New Zealand to develop and implement significant asset management improvement projects. In these roles, Alex has been responsible for the development, implementation and management of effective engineering and maintenance services in a timely and cost effective manner across three of the largest manufacturing sites located in the South Island.
6 ASSET MANAGEMENT TRAINING Asset Economics, Lifecycle & Costing SEMINAR: SD066/SD067/SD068 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 2010 Copyright Conferenz Ltd 1st Delegate HOW TO REGISTER Name (Mr/Ms/Mrs/Miss/Dr) Position First name Last name Step 1: Phone us and we will take your registration over the telephone TELEPHONE: (09) nd Delegate Name (Mr/Ms/Mrs/Miss/Dr) Position 3rd Delegate Name (Mr/Ms/Mrs/Miss/Dr) Position Company Details Company Name Postal Address City Telephone Approving Manager Job Title Name of Booking Contact Phone Course Details $1895 plus GST SAVE $100 (15 June 2010*) $1995 plus GST (15 June 2010*) Asset Economics, Lifecycle & Costing $1895 plus GST SAVE $100 (30 June 2010*) $1995 plus GST (30 June 2010*) $1895 plus GST SAVE $100 (7 July 2010*) $1995 plus GST (7 July 2010*) TEAM DISCOUNTS Asset Economics, Lifecycle & Costing First name Asset Economics, Lifecycle & Costing First name Asset Economics, Lifecycle & Costing Register any 2 people from your organisation and get $500 off the combined ticket price. Register any 3 people from your organisation and get $1000 off the combined ticket price. Bookings must be made at the same time. Team Discounts Any 3 Seminars: Fax Last name EARLY-BIRD SAVER Register & Pay BEFORE date below* Last name For groups of 4 or more people contact Michael Earley (mike@conferenz) on to discuss group discounts or in-house training options Any 2 Seminars: Organisation Organisation Organisation SAVE $500 off total price* SAVE $1000 off total price* SAVE $500 * SAVE $500 * FULL PRICE Register & Pay AFTER date below* (*total price will be based on early-bird or full price depending on booking date. Applies to two day seminars only) *off full price *off full price OR REGISTER ONLINE: OR Fax your registration form to us immediately FACSIMILE: (09) OR POST: Send your registration form to: Conferenz Ltd Freepost 83430, PO Box , Auckland register@conferenz.co.nz A tax invoice will be issued upon receipt of registration. Payment must be received before the event to secure your place. Registration is for named delegate only and cannot be shared. HOW TO PAY Our preference is for you to either, direct credit or mail a crossed cheque. Either: DIRECT CREDIT Direct credit to our bank account (please supply details of remittance) BANK: The National Bank, North Shore Corporate ACCOUNT NAME: Conferenz Ltd ACCOUNT NUMBER: PAY BY CHEQUE Post a crossed cheque payable to Conferenz Ltd PAY BY CREDIT CARD We accept most major credit cards. Please contact our office directly on (09) if you wish to use this method of payment, or register online for this event at GST.No What happens if I have to cancel? Should you be unable to attend, a substitute delegate is welcome. Alternatively, a full refund less $300+GST service charge, per registrant, will be made for cancellations received in writing (letter, fax or ) up to ten working days prior to the event. Regrettably, no refund can be made less than ten working days prior to an event. Delegates are responsible for their own travel/accommodation bookings and no compensation will be made should the seminar be rescheduled or cancelled. Please Note: Conferenz Ltd reserves the right to make any amendments that we may deem to be in the best interest of the seminar. PRIVACY ACT - Please Note: Names recorded above may, from time to time, be provided to other organisations for the purpose of disseminating their product information by mail. I would like to change the details on my address label Conferenz is a Leading Light sponsor of: Conferenz is a member of the Sustainable Business Network and we constantly seek ways in which to improve business practice and minimise the effects on the environment. I no longer wish to receive information on future Conferenz events I do not want to receive information from other organisations
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