COURSE OVERVIEW:

Maintenance is essentially a "Risk Management" function. This course provides a strategic framework for identifying, assessing, and mitigating the risks associated with asset failure and its impact on business continuity. It focuses on the transition from "Managing Machines" to "Managing Risk," ensuring that maintenance strategies are directly aligned with the organization's risk tolerance and safety objectives.

The scope of this training involves the application of formal risk assessment methodologies—such as FMEA (Failure Mode and Effects Analysis) and Risk-Based Inspection (RBI)—to prioritize maintenance interventions. Participants will learn how to develop a "Maintenance Risk Register" that identifies high-consequence failure modes, including those related to safety, environment, and production throughput. The curriculum emphasizes the creation of "Business Continuity Plans" (BCP) for critical assets, ensuring that the organization can respond rapidly to catastrophic failures or supply chain disruptions.

Coverage includes the evaluation of "Spare Parts Risk," the management of "Single Points of Failure," and the impact of maintenance on "Asset Resilience." Attendees will explore how to integrate maintenance risk management into the corporate ISO 31000 framework. By the end of this course, participants will be able to design a "Risk-Based Maintenance" (RBM) program that protects the organization's license to operate, ensures employee safety, and guarantees the long-term survival of the business in the face of asset-related crises.

COURSE OBJECTIVES:

After completion of this course, the participants will be able to:

• Define the core principles of Risk Management within Asset Management.
• Conduct a comprehensive "Criticality Analysis" for all plant assets.
• Utilize FMEA (Failure Mode and Effects Analysis) to identify high-risk failures.
• Develop a "Maintenance Risk Register" and "Heat Map" for the facility.
• Implement "Risk-Based Inspection" (RBI) protocols for static equipment.
• Design "Mitigation Strategies" for identified high-consequence risks.
• Create "Business Continuity Plans" (BCP) for "Single Points of Failure."
• Evaluate the "Risk vs. Cost" trade-off in maintenance strategy selection.
• Manage "Spare Parts Risk" through criticality-based stocking.
• Align maintenance risk practices with ISO 31000 and ISO 55001.
• Communicate "Maintenance Risks" to executive leadership in business terms.
• Foster a "Risk-Aware" culture within the maintenance and operations teams.

TARGET AUDIENCE:

This course is designed for Maintenance Managers, Reliability Engineers, Risk Managers, Plant Directors, HSE (Health, Safety, and Environment) Specialists, and Asset Management Leads.

TRAINING COURSE METHODOLOGY:

A highly interactive combination of lectures, discussion sessions, and case studies will be employed to maximize the transfer of information, knowledge, and experience. The course will be intensive, practical, and highly interactive. The sessions will start by raising the most relevant questions and motivating everybody to find the right answers. The attendants will also be encouraged to raise more of their questions and to share in developing the right answers using their analysis and experience. There will also be some indoor experiential activities to enhance the learning experience. Course material will be provided in PowerPoint, with necessary animations, learning videos, and general discussions.

The course participants shall be evaluated before, during, and at the end of the course.

COURSE CERTIFICATE:

National Consultant Centre for Training LLC (NCC) will issue an Attendance Certificate to all participants completing a minimum of 80% of the total attendance time requirement.