The theory of life cycle management and delivery is well known and applied by many asset management practitioners. Experience shows that the different elements of life cycle management are often applied in a fragmented approach, meaning that certain areas of the life cycle is addressed whereas others are not. The challenge facing asset management practitioners is to apply a comprehensive life cycle management program in an integrated approach.

This Workshop is a Bootcamp on Asset Life Cycle Management covering:

• Introduction and the Impact of Bad Design
• Reliability in Design
• Technically Feasible and Worth Doing Failure Management Strategy
• Asset Criticality and Prioritisation
• Asset Condition Assessment
• Replacement or Refurbishment and the role of LCC
• Optimizing the Spare Part Strategy
• Continuous Improvement - Root Cause Analysis (RCA)
• Optimising Existing Maintenance – Maintenance Task Analysis (MTA)
• Change Management
• Integrated Software Tool