A Highly Interactive Training Course On

Risk Reliability Management

Enhancing Reliability and Reducing Risk with Structured Maintenance Strategies

Risk Reliability Management
Course Schedule

CLASSROOM

15-19 Jun 2026
Dubai
$5,950
14-18 Sep 2026
Amsterdam
$5,950
16-20 Nov 2026
Dubai
$5,950
14-18 Dec 2026
London
$5,950
01-05 Feb 2027
Dubai
$5,950
15-19 Mar 2027
London
$5,950
14-18 Jun 2027
Dubai
$5,950
13-17 Sep 2027
Amsterdam
$5,950
13-17 Dec 2027
London
$5,950

ONLINE

03-07 Aug 2026
Online
$4,950
07-11 Dec 2026
Online
$4,950
26-30 Apr 2027
Online
$4,950
02-06 Aug 2027
Online
$4,950
15-19 Nov 2027
Online
$4,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

The Risk Reliability Management Training Course is designed to equip participants with the skills to evaluate, implement, and refine risk-based methodologies that enhance asset reliability, optimize maintenance costs, and uphold the highest safety and environmental standards across the asset lifecycle.

In today’s complex operational environment, traditional maintenance approaches are no longer sufficient. Organizations are increasingly adopting risk-based strategies to meet rising expectations from stakeholders, customers, and society. Large-scale systems, lean processes, and higher operational capacities create new reliability challenges that require advanced tactics and structured decision-making.

This training course provides a hands-on, practical approach to risk reliability management, enabling participants to understand how maintenance objectives have shifted from purely preventive strategies to risk-focused methods. Through case studies and real-world examples, participants will learn to apply these methodologies effectively to improve performance, reduce risk, and strengthen organizational resilience.

Key Focus Areas of this Course:

  • Evolution of maintenance strategies from preventive to risk-based approaches
  • Assessing complex systems for potential losses and reliability improvement
  • Applying lean operational principles to maintain reliability in high-capacity systems
  • Balancing safety, environmental responsibility, and operational performance
  • Implementing risk-based methodologies to enhance asset performance and reduce costs
  • Practical application of risk analysis and reliability improvement techniques

What are the goals?

The goal of this Risk Reliability Management Course is to provide participants with actionable tools and frameworks to implement risk-based maintenance strategies that improve asset reliability and safety while minimizing costs.

By the end of this course, participants will be able to:

  • Select systems that will benefit most from reliability and risk improvement initiatives
  • Identify critical functions and establish appropriate performance standards
  • Anticipate potential failed states, failure modes, and damage mechanisms within systems
  • Apply effective maintenance tactics to reduce risk and enhance reliability
  • Use a collaborative, team-based approach to implement risk and reliability improvement programs
  • Evaluate operational, safety, and financial risks and determine actionable mitigation strategies
  • Integrate risk assessment into daily maintenance planning and decision-making

Participants will gain practical expertise in translating risk analysis into measurable reliability improvements, ensuring both operational and regulatory excellence.

Who is this Training Course for?

This Risk-Based Reliability Training Course is ideal for professionals responsible for ensuring the reliability, integrity, and performance of physical assets. It is suitable for those involved in planning, supervising, or engineering maintenance and reliability programs.

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

  • Reliability Engineers and Inspectors
  • Maintenance Engineers and Supervisors
  • Maintenance Planners and Team Leaders
  • Professionals responsible for asset integrity and operational safety
  • Personnel seeking to implement risk-based approaches to improve reliability and efficiency

Attendees will gain practical knowledge and hands-on experience that can be directly applied to enhance system performance, reduce failures, and strengthen organizational risk management practices.

How will this Training Course be Presented?

The Risk Reliability Management Training Course employs proven adult learning methods to maximize engagement, comprehension, and skill retention. The course blends theory with practice, combining direct instruction, interactive discussions, and hands-on exercises.

Participants will engage in practical activities and case studies that simulate real-world operational scenarios, allowing them to apply techniques learned in a controlled environment. Delivery methods include:

  • Instructor-Led Sessions: Focused presentations on risk, reliability, and maintenance tactics
  • Practical Exercises: Performing functional analysis, failure analysis, and risk assessments
  • Group Workshops: Team-based activities to implement risk-based maintenance strategies
  • Case Study Reviews: Applying principles to real-life examples to reinforce learning
  • Post-Course Assessment: Ensuring participants can apply concepts and techniques effectively

By the end of this course, participants will be proficient in implementing risk-based maintenance strategies, improving reliability, and making informed decisions that balance operational performance, safety, and environmental responsibility.

The Course Content

Operational Context and Functional Analysis
  • Plant/equipment decomposition
  • Criticality grading
  • Identify primary, secondary functions
  • Determine performance standards and quantify
  • Practical: Perform functional analysis
Failure Analysis
  • Failure modes
  • The concept of ‘reasonably likely’
  • Deterioration and damage mechanisms
  • Physical damage mechanism
  • Practical: Perform Failure Analysis
Failure Effects, Consequences, Probability and Risk
  • Operational and financial risks
  • Safety, health and environmental consequences
  • Hidden failure consequences
  • Practical: Perform Risk Analysis
  • The six failure probability density curves
Risk-based Maintenance Tactics
  • Tactic decision diagram
  • Types of preventive maintenance tactics and how to select appropriate intervals
  • Types of condition-based maintenance tactics how to determine the PF interval
  • Function testing and failure finding and how to determine the interval
  • Practical: Select and define appropriate maintenance tactics
Implement Risk-based Reliability Management
  • The role of the facilitator
  • Selecting and setting up the review projects
  • Auditing the decision making
  • Implementing the results
  • Post course assessment

Providers and Associations

Anderson
Anderson
Aztech Training
Aztech Training
COPEX
COPEX