Risk Reliability Management

What are the Goals?

By the end of this course, participants will be able to:

• Choose systems for reliability and risk improvement
• Identify functions and appropriate performance standards
• Anticipate the failed states, failure modes and damage mechanisms of a system
• Apply maintenance tactics to reduce risk and improve reliability
• Apply a team-based approach to implement risk and reliability improvement

Who is this Training Course for?

This course is suitable to a wide range of professionals but will greatly benefit:

• Reliability Engineers
• Maintenance Engineers
• Maintenance Supervisors
• Maintenance Planners
• Reliability Inspectors
• Team Leaders/Managers who are responsible for physical asset reliability and integrity

Daily Agenda

Day One: Operational Context and Functional Analysis       

• Plant/equipment decomposition
• Criticality grading
• Identify primary, secondary functions
• Determine performance standards and quantify
• Practical: Perform functional analysis

Day Two: Failure Analysis

• Failure modes
• The concept of ‘reasonably likely’
• Deterioration and damage mechanisms
• Physical damage mechanism
• Practical: Perform Failure Analysis

Day Three: Failure Effects, Consequences, Probability and Risk

• Operational and financial risks
• Safety, health and environmental consequences
• Hidden failure consequences
• Practical: Perform Risk Analysis
• The six failure probability density curves

Day Four: Risk-based Maintenance Tactics

• Tactic decision diagram
• Types of preventive maintenance tactics and how to select appropriate intervals
• Types of condition-based maintenance tactics how to determine the PF interval
• Function testing and failure finding and how to determine the interval
• Practical: Select and define appropriate maintenance tactics

Day Five: Implement Risk-based Reliability Management

• The role of the facilitator
• Selecting and setting up the review projects
• Auditing the decision making
• Implementing the results
• Post course assessment