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Sector:
Cross-Industry – Leadership & Strategy
Technical Focus Area:
Strategy & Planning (STRAT)
About the Course
The Operational Risk Decision Intelligence for Ops and Maintenance Leaders (MITC1024) executive session is engineered for senior professionals aiming to master complex industry challenges. A tools-first training program for effective operations/maintenance to make faster, smarter decisions. Use Decision Trees, Monte Carlo, and FMEA (Failure Mode & Effect Analysis) to align maintenance with value.
Learning Milestones
By the end of this course, participants will be able to:
• Improve productivity using timely, decision
• ready information from CMMS/ERP/MRP.
• Diagnose why “good people make bad decisions” and apply guidelines for sound decision analysis.
• Build and analyze Decision Trees; run Monte Carlo simulations to quantify uncertainty and value of information.
• Apply Multi
• Criteria Decision
• Making (AHP/MCDM) to rank alternatives and allocate resources.
• Conduct optimized failure analyses using FMEA; compute RPNs and prioritize mitigations.
• Model reliability (series/parallel) and evaluate redundancy options aligned with risk and cost.
• Design and track maintenance performance measures; use OEE to drive lean improvements.
• Convert customer/operations needs into engineering requirements with the House of Quality (QFD).
• Develop an action plan that integrates these methods into maintenance strategy and measures benefits.
Professional Audience
• Operation Professionals
• Maintenance Professionals
• Reliability Professionals
• Key Operations Supervisors
• Internal Improvement Consultants
Modular Syllabus
Decision Foundations, Uncertainty & Bias
- Scope and significance of decisions in O&M
- The decision process: framing, alternatives, criteria, constraints
- Why good organizations make bad decisions; cognitive pitfalls
- Decision Trees: low-probability/high-consequence events
- Value of information and control
- Monte Carlo simulation: setup, assumptions, interpretation
- Guidelines for good decision analysis in maintenance contexts
- **Activity/Workshop:** Build a decision tree and run a basic Monte Carlo for a repair/replace scenario
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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