A Highly Interactive Training Course On

Decision Analysis for Operation & Maintenance Professionals

Decision Analysis for Operation & Maintenance Professionals
Course Schedule

CLASSROOM

03-07 Feb 2025
London
$5,950
23-27 Feb 2025
Riyadh
$5,950
19-23 May 2025
Dubai
$5,950
30 Jun-04 Jul 2025
London
$5,950
08-12 Sep 2025
Dubai
$5,950
13-17 Oct 2025
Dubai
$5,950
15-19 Dec 2025
Dubai
$5,950
02-06 Feb 2026
London
$5,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training 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

The Course Content

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