Understanding Risk in Asset Management
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Introduction to Asset ManagementWhy Learn About Risk-Based Asset Management?0sWhat is Asset Management?49sHistory of Asset Management19sExamples of Asset Management0sImportance of Asset Management2m 1sA Multi-Step Approach to Risk and Asset Management0sOptimizing Risk Asset Management in a Comprehensive Distribution System0sIntegration and Collaboration in the Risk Asset Management Distribution System1m 11sDistribution of Risk Assets: Current Obstacles and Potential Future Developments1m 36s
This Understanding Risk in Asset Management course is ideal for reliability engineers, operations managers, project engineers, engineering technicians, maintenance managers, etc., who want to increase asset availability and meet reliability targets using a risk-based asset maintenance and operations approach. This course will help them prioritize reliability efforts for critical equipment and safety issues that can impact their business operations.
Participants will learn how to classify, analyze, and rank assets and failures to create a risk plan and assign equipment criticality. The classes will focus on creating an asset management program that manages the asset’s life cycle. At the end of this course, attendees will be asked to solve a case study based on what they have learned in the course.
What You’ll Learn
- Overview of Asset Management
- Importance of Asset Management
- Overview of Risk Management
- Risk Management Methods and Processes
- Risk-based Approach to Asset Management
- Risk-based Asset Management Model
- Why Implement a Risk-based Asset Management Strategy?