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ageing assets training

Why Choose this Training Course

This ageing assets training is a 3-days course. As part of their maintenance strategy an organisation should identify plant and equipment that represents a high risk in terms of loss and which can be subject to ageing. They should put in place, as part of their maintenance strategy, a regime to maintain such items in a state of good repair and efficient working order.

During its lifecycle, all plant and equipment can degrade due to age-related mechanisms, such as corrosion, erosion and fatigue. It is therefore essential that, as part of the overall maintenance regime, such ageing is identified and appropriate measures taken to manage the risk.

When referring to ageing plant and equipment, it is important to note that this does not necessarily relate to the chronological ageing process, rather ageing “is the effect whereby a component suffers some form of material deterioration and damage, with an increasing likelihood of failure over the lifetime of the asset”.

The management of ageing plant and equipment therefore begins with an awareness that ageing is not about how old the equipment is, but what is known about its condition, and the factors that influence the onset, evolution and mitigation of its degradation. This suggests that, for those with responsibility for maintaining ageing assets, there is a need to:

  • Organise for ageing management in terms of identifying the assets, what they do and their criticality to the business
  • Make an assessment of the current condition through appropriate condition surveys, inspections and associated risk assessments, including how conditions may change over the asset lifecycle
  • Implement an ageing management programme, including the use of preventative or condition-based maintenance regimes
  • Ensure there is feedback and analysis of the process to ensure it remains fit for purpose, including the use of performance
    indicators

As well as the physical ageing process, other factors will need to be given consideration. This can include obsolescence and lack of spare parts, or the disappearance of the original equipment manufacturer, or non-conformance with current safety requirements, codes, standards and procedures. Competency, availability and organisation of the employees responsible for asset management and knowledge management are also essential to ensuring that this understanding of current and predicted asset condition is used when making asset management decisions

Who Should Attend

  • All plant design engineers/project managers
  • Maintenance mangers
  • Key materials personnel
  • Planning & Scheduling managers
  • Others designated by training matrix

Key Learning Objectives

  • Identifying High-Risk Assets – Organizations must identify critical plant and equipment that are prone to ageing and pose significant risks if not maintained.
  • Understanding Ageing Beyond Time – Ageing is not just about age but about material deterioration, which increases failure risks over time.
  • Regular Condition Assessments – Ongoing inspections, risk assessments, and monitoring are essential to understanding and managing equipment degradation.
  • Preventive and condition-based maintenance programs help mitigate ageing-related risks and ensure operational efficiency.
  • Continuous Improvement & Feedback – Maintenance strategies should evolve based on performance data, ensuring they remain effective and fit for purpose.
  • Managing Obsolescence & Workforce Competency – Non-physical ageing factors like obsolete parts, regulatory changes, and skilled personnel availability must be addressed for effective asset management.

Enquiry Form

  • This is just an approximate number. You can finalise it when you send in the registration form.
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