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A highly interactive training course on

Decision Analysis for Operation & Maintenance Professionals

Coventry Academy - Decision Analysis for Operation & Maintenance Professionals
5
Days

Course Schedules

 London
 03-07 Feb 2025
 $5,950
 Riyadh
 23-27 Feb 2025
 $5,950
 Dubai
 19-23 May 2025
 $5,950
 London
 30 Jun-04 Jul 2025
 $5,950
 Dubai
 08-12 Sep 2025
 $5,950
 Dubai
 13-17 Oct 2025
 $5,950
 Dubai
 15-19 Dec 2025
 $5,950

Training course overview

This Coventry Academy training course focuses on decision analysis techniques, emphasizing prioritization and the decision-making processes critical for Operations, Maintenance, and Safety Professionals. Decision-making is a fundamental human activity, intrinsic to our biology, and occurs both consciously and unconsciously. Effective decision-making involves more than just selecting the best alternative; it requires an understanding of common biases and traps that can lead to inconsistent choices. Participants will learn to set priorities and perform what-if analyses to enhance decision quality in their fields. The course includes hands-on experience with powerful yet user-friendly decision-making software, equipping participants with practical tools to improve their decision-making in operations, maintenance, and safety contexts.

What are the goals?

By attending this Coventry Academy training course, delegates will be able to:

  • Improve Productivity Through Use of Better, Timelier Information
  • Understand How World-Class Organisations Solve Common Asset Management Problems
  • Optimise Planning and Scheduling Resources, Carry Out Optimised Failure Analyses
  • Optimise Asset Management Budgets By Avoidance of Unplanned Equipment Failures in Service
  • Develop a Practical Approach of an Action Plan to Utilise These Technologies in Their Own Areas of Responsibility
  • Learn From Failures By Using Decision and Root Cause Analysis of Major Disasters

Who is this training course for?

This Coventry Academy training course is suitable to a wide range of technical professionals but will greatly benefit:

  • Operation, Maintenance and Safety Professionals
  • Reliability Engineers
  • Key Operations Supervisors
  • Internal Improvement Consultants

Course Outline

Day One: Introduction to Decision Making
  • Scope and significance of decisions
  • The Decision making process
  • The concept of best practice through learning from worst practice
  • Introduction to reliability and Weibull analysis
  • Case Studies and Group Exercises
Day Two: Implementing Multiple Criteria Decision Analysis using the Analytic Hierarchy Process (AHP)
  • Definition of Decision Analysis
  • How, and Why, Bad Decisions are Made
  • Guidelines for Good Decision Analysis
  • What is AHP?
  • Benefit/Cost Analysis
  • Resources Allocation
Day Three: Risk Management through Failure Mode & Effect Analysis (FMEA)
  • Fault Tree Analysis
  • Risk Priority Number
  • The Criticality Matrix
  • Modelling Reliability of Systems
  • Series and Parallel Systems
  • The Redundancy Concept
Day Four: MRP and ERP Systems
  • What is ERP and how did it develop
  • What is MRP System
  • The Bill of Materials
  • Master Production Schedule
  • Practical Examples
  • Case Studies and Group Exercises
Day Five: Decision Analysis for Optimisation of Maintenance Activities
  • How to get the most of your CMMS?
  • Benefits that can result from CMMS
  • Optimum Decisions for Maintenance Policies
  • Key Features of Next Generation Maintenance Systems
  • How to transform Data to Decisions
  • Examples of Approaches and Case Studies

The certificate

  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Coventry Academy
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