Decision Analysis for Operation and Maintenance Professionals
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Decision Analysis for Operation and Maintenance Professionals Course
Introduction:
This course provides a thorough exploration of lean thinking and techniques for decision analysis, with a particular emphasis on the lean approach and responsiveness to customer requirements. Decision-making, being an essential human activity, is examined in depth, considering both conscious and unconscious processes. It is a fundamental aspect of our biology and crucial for our survival.
Course Objectives:
- Accomplish strategic change in the organization in a more productive manner
- Build and maintain effective and efficient procedures in the organization
- Complete work tasks on time and on budget
- Develop skills in managers which will raise the capability, skill and morale of colleagues
- Improved operating performance in completion of assignments
- Acquire useful work task management skills
- Develop skills in problem solving and decision making
- Develop interpretation skills of analytics to support decision making
- Gives you a proper knowledge of the basic principles of operations management
Who Should Attend?
- Operation and Maintenance Professionals
- Key Operations Supervisors
- Internal Improvement Consultants
Course Outlines:
Introduction to Decision Making
- Scope and significance of Decisions
- The Decision Making Process
- Choosing Between Options by Projecting Likely Outcomes
- Decision Tree Analysis: decision models; low probability, high-consequence events; valuing additional information and control
- Monte Carlo Simulation: optimization; advantages and limitations
- Case Studies and Group Exercises
Implementing Multiple Criteria Decision Analysis
- Definition of Decision Analysis
- How, and Why, Bad Decisions are Made
- Problems with Traditional Methods
- Guidelines for Good Decision Analysis
The Analytic Hierarchy Process (AHP)
- What is AHP?
- The Comparative Matrix
- Consistency Analysis
- Sensitivity Analysis
- Benefit/Cost Analysis
- Resources Allocation
- Applications of the AHP (The Concorde Case, Maintenance Strategy, Highway planning)
- Case Studies and Group Exercises
Risk Management through Failure Mode & Effect Analysis (FMEA)
- Risk Mitigation
- Fault Tree analysis
- Risk Priority Number
- The Criticality Matrix
- Equipment Criticality Grading
- Cases from Oil and Gas Industry and others
- Modeling Reliability of Systems
- Series and Parallel Systems
- The Redundancy Concept
- Types of Redundancy
- When to Use Redundancy
MRP and ERP Systems
- What is ERP and how did it develop
- What is MRP System
- What is MRPII System
- Planning and Control
- The Bill of Materials
- Master Production Schedule
- Scope of Decisions
- Case Studies and Group Exercises
Optimum Performance Measure
- Challenges of Performance Measures
- Performance Measures as a Continuous Improvement Process
- Desirable Features in Maintenance Performance Measures
- Best and Worst Practices in Performance Measures
The Overall Equipment Effectiveness as a Source of Best Practice in Maintenance
- Advantages of OEE as an Improvement Program
- Lean Maintenance through the Use of OEE
- Analysis of the Six-Big Losses
- Case Studies and Group Exercises
The House of Quality
- Basics of design evaluation
- How to convert the voice of the customer to engineering solutions for a better design
- Apply the concept of House of Quality in practical cases
Decision Analysis for Optimization of Maintenance Activities
- How to get the most of your CMMS?
- Benefits that can result from CMMS
- Optimum Decisions for Maintenance Policies
- Unmet needs in Responsive Maintenance
- Key Features of Next Generation Maintenance Systems
- How to transform Data to Decisions
- Examples of Approaches and Case Studies