Understanding Risk in Asset Management

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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 

  1. Overview of Asset Management 
  2. Importance of Asset Management 
  3. Overview of Risk Management 
  4. Risk Management Methods and Processes 
  5. Risk-based Approach to Asset Management 
  6. Risk-based Asset Management Model
  7. Why Implement a Risk-based Asset Management Strategy?
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