Course Description
This training course provides the analytical tools to optimise maintenance and equipment replacement decisions, balancing reliability, cost, and risk across the asset life cycle.
Participants learn to determine optimal maintenance intervals, decide when to repair versus replace, and build data-driven maintenance strategies. The course combines reliability engineering with economic decision-making to help maintenance professionals maximise asset value.
What you will achieve
By the end of this training course, participants will be able to:
- Apply reliability principles to maintenance optimisation
- Determine optimal preventive maintenance intervals
- Perform repair-versus-replace analysis
- Apply life-cycle costing to equipment decisions
- Balance maintenance cost against reliability and risk
- Use reliability data to drive maintenance strategy
- Build an optimised maintenance and replacement plan
How the course is delivered
The course combines reliability engineering with economic decision-making, using worked examples, data analysis exercises, and case studies. Participants apply optimisation techniques to realistic maintenance scenarios.
On successful completion, an BII Research Certificate with CPE credits is awarded.
Designed for
This training course is ideal for:
- Maintenance and reliability engineers
- Asset and plant managers
- Maintenance planners and supervisors
- Engineers responsible for equipment strategy
- Anyone optimising maintenance and asset decisions
Daily programme
- Reliability principles for maintenance
- Failure patterns and data
- Maintenance strategy types
- The cost of maintenance and failure
- Optimal preventive maintenance intervals
- Reliability-centered maintenance
- Condition-based maintenance decisions
- Maintenance data analysis
- Life-cycle cost analysis
- Total cost of ownership
- Operating and maintenance cost modelling
- Asset life estimation
- Repair versus replace analysis
- Optimal replacement timing
- Balancing cost, reliability, and risk
- Capital versus operating decisions
- Data-driven maintenance strategy
- Optimising the maintenance plan
- Communicating decisions to management
- Course review and action planning
Certification & accreditation
BII Certificate of Completion
BII Certificate of Completion Upon successful completion, participants receive a BII Development Institute Certificate of Completion with a unique reference code that is independently verifiable. Our certificates are recognised internationally and reflect successful completion of your chosen programme.
