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Sector:
Cross-Industry – Leadership & Strategy
Technical Focus Area:
Strategy & Planning (STRAT)
About the Course
The Asset Metrology Data-Driven Availability and Risk Analysis (MITC1028) executive session is engineered for senior professionals aiming to master complex industry challenges. Analytics-driven comprehensive training program optimizing maintain, repair, replace decisions; blend reliability engineering, economics, work management into framework improving uptime, ROI (Return on Investment).
Learning Milestones
By the end of this course, participants will be able to:
• Identify dominant failure modes/mechanisms and their impact on reliability and cost.
• Apply FMEA and Weibull analysis (incl. censored/3
• parameter fits) to real failure data.
• Quantify the business value of PM/PdM using availability and downtime economics.
• Optimize PM/PdM content, intervals, and inspection scope using RBI principles.
• Perform FFS screening to support run/repair/replace decisions.
• Determine optimal spare parts levels and preservation using demand/risk models.
• Right
• size maintenance crews and structure using workload and readiness metrics.
• Build repair/replace financial cases (LCC, NPV, payback, risk sensitivity).
• Integrate decisions into CMMS with KPIs, governance, and continuous improvement.
Professional Audience
• Operations, Technical Production, and Service Professionals
• Maintenance & Reliability Engineers/Technicians
• Inspection/Integrity & Risk Analysts
• Project/Turnaround and Asset Managers
• Supervisors responsible for metering, regulation, and precision measurements
Modular Syllabus
Asset Management Foundations & Failure Analysis
- Physical Asset Management overview; PM/PdM paradigm and decision flow
- Failure behavior: infant mortality, random, wear-out; six patterns in practice
- FMEA structure: functions, functional failures, failure modes, effects, criticality
- Weibull analysis: 2- and 3-parameter fits, censored data, KS goodness-of-fit
- MTBF/MTTR, inherent vs. achieved availability; bad-actor analysis
- Linking physics of failure to detectable symptoms (PdM channels)
- **Activity/Workshop:** FMEA + Weibull on a pump/compressor dataset; identify leverage points
Course Dates & Prices
Picture | Location | Date | Price | Enroll to the Course |
|---|---|---|---|---|
Online | 06/07/2026 | 1499 $ | Enroll | |
Istanbul (Turkey) | 06/07/2026 | 3699 $ | Enroll | |
London (UK) | 06/07/2026 | 4099 $ | Enroll | |
Online | 13/07/2026 | 1499 $ | Enroll | |
Dubai (UAE) | 13/07/2026 | 3799 $ | Enroll | |
Dubai (UAE) | 13/07/2026 | 3799 $ | Enroll | |
Kuala Lumpur (Malaysia) | 20/07/2026 | 4199 $ | Enroll | |
Online | 20/07/2026 | 1499 $ | Enroll | |
Doha (Qatar) | 20/07/2026 | 3799 $ | Enroll | |
Kuala Lumpur (Malaysia) | 27/07/2026 | 4099 $ | Enroll | |
Dubai (UAE) | 27/07/2026 | 3799 $ | Enroll | |
Istanbul (Turkey) | 27/07/2026 | 3699 $ | Enroll | |
Online | 27/07/2026 | 1499 $ | Enroll | |
Online | 03/08/2026 | 1499 $ | Enroll | |
Cairo (Egypt) | 03/08/2026 | 3699 $ | Enroll | |
Dubai (UAE) | 03/08/2026 | 3799$ | Enroll | |
Dubai (UAE) | 10/08/2026 | 3799 $ | Enroll | |
Istanbul (Turkey) | 10/08/2026 | 3699 $ | Enroll | |
Online | 10/08/2026 | 1499 $ | Enroll | |
Online | 17/08/2026 | 1499 $ | Enroll |
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