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5-9th May - Riyadh, KSA

An Imperative 5-Day Course Offered by

Initiatives that Work

Your Chance to Join the Winners Circle

The University of Toronto

Some organizations manage their assets well, and others do not. Why?

Why are some outfits good at keeping costs low, reducing stopages, spotting trouble,

acheiving greater output, while others arent?

How can you learn these things?

Do you want to become Certified Physical Asset Manager?

A good place to start is with this stellar five-day program. Youll join a group of

like-minded people who are unconditionally-guranteed to come away with the tools

they need to competently and profoundly up garde their Asset Management practices.

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Dr Zuashkiani, Director of Educational Programs at C-MORE, has

many years of practical experience combined with a strong

scientific background in optimizing asset management

decisions.

His recent endeavours have included several Life Cycle Costing

management projects for utility and gas distribution companies

in North America and several assignments dealing with assetmanagement practices in 14 plants in the Persian Gulf region.

His areas of expertise include maintenance performance

management, Life Cycle Costing, use of tacit knowledge in asset

management, optimization of maintenance tactics, reliability

centered maintenance, and managing change in organizations.

He is the author of Expert Knowledge Based Reliability Models

and a frequent global speaker on a range of pertinent subjects in

asset management. Dr Zuashkiani has been Chair of the Interna-

tional Physical Asset Management Conference in Tehran for the

last 5 years. Dr Zuashkiani was named by the Asia Society as one

of the worlds most dynamic young leaders. The Asia Society was

founded by John D. Rockefeller III, and among its supporters are

former UN Secretary-General Kofi Annan, Henry Kissinger, and

Rupert Murdoch.

Dr. Andrew K.S. Jardine is Director of the Centre for MaintenanceOptimization and Reliability Engineering (C-MORE) at the Univer-sity of Toronto. (See page 10 for more). Dr. Jardine is also Profes-sor Emeritus in the Department of Mechanical and IndustrialEngineering at U of T. He is the co-author of, Maintenance,Replacement and Reliability, now in its 6th printing. Dr. Jardinealso co-authored Maintenance Excellence: Optimizing Equip-ment Life Cycle Decisions and Maintenance, Replacement &Reliability: Theory and Applications. His most recent book isAsset Management Excellence: Optimizing Life Cycle Costs,edited by J D Campbell, A K S Jardine and J. McGlynn. Professor

Jardine has garnered an impressive array of awards, honours andtributes, including having been the Eminent Speaker to theMaintenance Engineering Society of Australia, as well as the firstrecipient of the Sergio Guy Memorial Award from the PlantEngineering and Maintenance Association of Canada in recogni-tion of his outstanding contribution to the maintenance profes-sion. He is listed in Whos Who in Canada. Besides writing,researching and teaching, Dr. Jardine has carried out innumer-able consulting assignments with organizations around theworld including Extrata Nickel, the Government of Canada, Tate &

Lyle of England, Electricity Trust of South Australia, Hong KongMass Transit, DICTUC of

The Centre for Maintenance Optimization and Reliability Engineering is directed by Professor Andrew K. S. Jardine, the internationally recog-

nized maintenance optimization expert, within the Department of Mechanical and Industrial Engineering at the University of Toronto.

C-MOREs research is driven by close interactions with industry, in particular with C-MORE consortium members and with researchers at

universities worldwide. Our focus is on real-world research in engineering asset management in the areas of conditionbased maintenance,

spares management, protective devices, maintenance and repair contracts, and failure-finding intervals. These strong industry connections

not only benefit the companies we work with, but also our graduate students, who find work in the maintenance divisions of industryleaders after graduation. We apply our research with prototype software tools that obtain valuable information from data in corporate

databases. Two of these tools are now commercially available through the Ontario-based C-MORE spin-off company OMDEC, and through

Ivara an industry leader and innovator in asset reliability solutions. C-MORE is also the driving force behind IMEC: The Asset Management

Conference, which brings together leaders in the global maintenance field. For information about the conference, you can visit our site, or

view Maintenance Technologys article about the conference. Our brochure is available here.C-MORE welcomes maintenance professionals as visitors and collaborators; please contact Andrew Jardine for more information.

Three world-class instructors led by Dr. Andrew Jardine, an international authority in the asset management field and a respected consult-

ant, author, teacher and innovator in the area of reliability, replacement and equipment maintenance. The program combines fundamentalneed-to-know material with new but already proven leading-edge approaches that have shown measurable pay-offs. Participants at earlier,

similar courses at the Universitys Faculty of Applied Science and Engineering have come from the world over and from a great mix of

commercial industries and government organizations. Their satisfaction with these courses has been impressive. Attendees at the May

course will receive five full days of instruction that includes a wide range of case-study examples to show how the principles have been

successfully and widely applied. Everyone will come away equipped with complete binder notes on the sessions material plus valuable

hard-cover books, not to mention a learning experience that they will probably refer to as unparalleled.

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Organizations adopting Life Cycle Costing are rapidlyincreasing in number, as more of them recognize its role inmaking long-term optimal decisions. The idea of buyingthe cheapest is losing its appeal as more managers

realize that, I the long run, the cheapest acquisition costsrarely coincide with the least expensive buy, This sectioncombines Life Cycle Costing decisions with manyreal-world examples in an interactive and hands-on forum.It will help those responsible for LCC related decisions willlearn when to buy a new asset, how to determine the besttime to replace an existing one, and how to forecast thefuture life cycle costs of their fixed and mobile machineryand equipment. The applications of the models discussedin the workshop will be demonstrated by means of realcase studies. We will introduce software packages calledAGE/CON for mobile equipment replacement decisionsand PERDEC for fixed capital equipment decisions and

demonstrate how to use.

Definition of life cycle and its implications Life cycle costs categories Solving inter-departmental conflicts in assetreplacement/ acquisition decisions

The size of the prize

Concept of time value of money Defining cash flow diagram Calculating Net

Present Value of a decision Estimating time value of money in practice

Trade-off between O & M costs and capitalexpenditures

- Establishing the economic life of fixed equipmentsuch as an internal combustion engine.

South American case study- Establishing the economic life of mobile equipment

including fleet vehicles and fork lift trucks North American manufacturing case study

- Establishing the economic life of equipment that

is highly utilized when new, and as it ages it is usedfor peak demands North American transportation case studies How to calculate the best time to replace the currentasset with a more technologically improved asset

- Turbo expander case study

Which EQUIPMENT COMPONENTS should be part of your preven-tive maintenance planWhich components should be run-to-failureWhy WEIBULL ANALYSIS is a must in analyzing equipment failure The importance of the Weibull b parameter A sure-fire way tocalculate your SPARE PARTS requirements Which REPLACEMENT

POLICYto use: The block replacement or age-replacement times forcritical componentsWhen your data is limited - how do you deal with it Steps you cantake to improve on your current preventive maintenance programHow to interpret THE BATH-TUB CURVES three regions and whatthe interpretation will tell you How to use OREST software to optimize component preventivereplacement timesHow to use OREST SOFTWARE to forecast the demand for spareparts taking into account an optimal preventive replacement policyThe right way to establish the optimal INSPECTION FREQUENCYforequipment in continuous operationThe right way to evaluate the current interval between classes of

inspection such as A,B,C, and D How to establish the most appro -priate FAILURE FINDING INTERVAL for protective devices How to

come up with the failure risk of equipment thats subject toCONDITION-BASED MAINTENANCE What the University of Torontos new EXAKT SOFTWARE forcondition-based maintenance may be able to do for you What the University of Torontos new SMS SOFTWARE forprovisioning of emergency/capital spares may be able to do for you.

Reliability Improvement Through Inspection Inspection Frequency and Depth for equipment in continu-ous operation Inspection Intervals to Maximize Profit Maximizing Equip-

ment Availability Inspection Intervals for Equipment Used in EmergencySituations (e.g. protective devices)

Case studies including transportation fleets (for inspectionfrequency) oil and gas field equipment such as pressuresafely valves (for protective devices)

Reliability Improvement Through Health-Monitoring Proce-dures Proportional Hazards Modeling Spectroscopic Oil Analysis Programs Optimization of Condition-Based Maintenance ProceduresRole of EXAKT software for CBM optimization

Case studies including food procession industry (vibrationmonitoring), mining and shipping equipment such as dieselengines (oil analysis), transportation equipment such astraction motor bearings (visual inspection)

Demonstration of EXAKT software for optimizingcondition-based maintenance decisions.

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Repairing an existing asset vs. buying a new one Loader repair/replace case study-South America Underground pipe case study-repair a leak or replace thepipe section-North American case study

Predicting future life cycle costs of a fleet Case example: Based on a fleet of transformers of a majorelectricity distribution company in North America Carryingout LCC analysis when there are few (or no) data available

Establishing the economic life of linear assets such assteel mains of a major gas distribution company in NorthAmerica Estimating distribution of end of life of trans formersbased on experts opinions from a limited data-NorthAmerican case study

The case studiescombustion engines, fleet vehicles, fork lift trucks, a turboexpander, a loader repair/replace decision and a fleet oftransformers. They represent real-world examples wherecompanies saved hundreds of millions of dollars throughapplying LCC management principles.

Software Clinic AGE/CON for the optimization of the economic life ofmobile equipment PERDEC for the optimization of the economic lifeof plant equipment

WHEN TO BUYa new asset Identifying the best buyWhy you should incorporate THE TIME VALUE OF MONEY

when establishing the economic life of an asset How toarrive at the economic life of an asset where its UTILIZA-TION DECLINES as it ages What approaches to use formonitoring the performance of an individual asset The answer to optimizing the REPAIR-OR-REPLACEdecision How to work with AGE/CON and PERDEC toPERFORM ECONOMIC LIFE CALCULATIONSHow TAX CONSIDERATIONS influence the economic lifeof an asset Whether or not to take advantage of a TECHNOLOGI-

CALLY IMPROVED asset How to predict future O & M costswhen there are little data available How to elicit TACIT KNOWLEDGE from specialists toimprove economic life decisions.

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5-9th May

April 15, 2012March 15, 2012

Riyadh, KSA

TBC