Asset Management Leadership

2-Day Training Seminar

Understanding your maintenance business priorities and best practices

Globally Online – March 8th & 9th, 2023

When properly executed, Physical Asset Management can significantly impact an organization’s bottom line by reducing maintenance costs, increasing the economic life of capital equipment, reducing public liability, increasing the reliability of systems and components, and reducing the number of systems and components.

Physical Asset Management Seminar provides participants with the tools and methodologies to achieve maintenance excellence specifically for the asset classes found in an organization.

The cornerstone of this training is the maintenance excellence pyramid. It supports the principle embodied in the approach that successful maintenance organizations implement the upper layers of the pyramid once a solid foundation has been laid at the lower levels. The pyramid is based on the book “Asset Management Excellence, Optimizing Equipment Life-Cycle Decisions” edited by John Campbell, Andrew K. S. Jardine, and Joel McGlynn.

Insights introduced on how to:

  • Facilitate an Asset Management Maturity and Systems Assessment
  • Create an Asset Management plan, policy, and strategy
  • Create a culture of Asset Management Training and Organizational Development
  • Organize key Asset Management data collection and related KPI reporting

Who Should Attend

The ideal candidate for this course is an engineer, manager of plant operations, facility manager or maintenance professional who is responsible for maintaining and managing the physical equipment assets of your plant. S/He represents facilities and plants from industries such as mining, oil and gas, utilities, fleet operators, and manufacturing. Participants should have an undergraduate degree or relevant work-related experience in maintenance management or operations.

Content and Introduction to PAM

Fundamentals of Maintenance Excellence
  • Ten key focus elements to success in Asset Management
  • The leading practices in Asset Management
  • Ontario Regulation 588/17 mandate requirements for an Asset Management Plan
  • The value of properly executed Planning and Scheduling of maintenance
  • Maintenance Leadership and Control
  • Executing Maintenance efficiently
  • Managing Equipment Risk and Reliability
  • Key metrics for Asset Management, Optimizing Methodologies
  • The value of ISO 55000
Optimizing Maintenance Strategy for your Organization
  • How to assess your organization’s maintenance maturity
  • How to develop and prioritize Asset Management improvements for the short and long term
An approach to Total Asset Life-cycle Management
  • Role of Reliability in Asset Life-cycle
  • Role of Maintenance Parts in Asset Life-cycle
  • Role of Data in Asset Life-cycle
Implementing Maintenance Optimization and Reliability Management
  • A strategic approach to achieving maintenance excellence: Getting the technology, process, and people mix right in an organization
  • How Change Enablement can be applied in Asset Management
  • Key initiatives to take back to your organization to improve your asset management

Instructor

Don Barry

Don Barry is a Principal Consultant with FAHM Technology Partners and leads the Asset Management vertical. He is an experienced instructor of Asset Management principles, a licensed RCM2 Practitioner, and an instructor with the University of Toronto since 2004. He was previously with IBM for over 40 years and he comes with extensive maintenance and consulting experience, focusing on mainly asset-intensive industries.

Don is a lead instructor of the University of Toronto’s “Physical Asset Management Program” training. He is a certified (RCM2) Reliability Centered Maintenance Practitioner. On September 2007, Mr. Barry received the Federated Press “Lifetime Achievement Award in Plant and Production Maintenance.

Publications: John D. Campbell; Andrew K.S. Jardine, Joel McGlynn with main contributions by Don Barry: Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions, Second Edition, in Book, CRC Press, Taylor and Francis Group, 2010, ISBN/ISSN: 9780849303005

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