A Highly Interactive Training Course On

Decision Analysis for Operation & Maintenance Professionals

02-06 Dec 2024
London
$5,950
03-07 Feb 2025
London
$5,950
30 Jun-04 Jul 2025
London
$5,950
13-17 Oct 2025
Dubai
$5,950

Course Overview

This Decision Analysis for Operation & Maintenance Professionals training course focuses on decision analysis techniques, with a particular emphasis on prioritization and the decision-making processes crucial for Operations, Maintenance, and Safety professionals. Decision-making, a fundamental human activity, is essential for survival and involves both conscious and unconscious processes. However, it is fraught with biases and inconsistencies. This training course addresses these challenges by teaching how to set priorities and conduct what-if analyses to enhance decision-making in operational contexts. Participants will gain hands-on experience using user-friendly, powerful software designed to aid in effective decision-making.

 

Training Objectives

By attending this COPEX 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 should Attend?

This COPEX 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

Training 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

Certificates

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

We can customize this
training course for you!

At Copex Training, we offer customizable courses designed to fit your specific needs. whether it's refining procurement practices or enhancing leadership and management skills, we tailor our programs to meet your unique goals and challenges. Let us create a training solution that delivers real results for your team.
Learn More About In-house Training

Got some questions? Look here.

This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

How can I register?

There are several ways to register in our public training courses:
Online – Browse the Training Plan, select the course of choice, click on the button
“Register Now” inside the course outline page.
E-mail – Send the details (name, company name, email address and training course of
choice) of your nomination to [email protected]
Telephone – +971 4 368 6886 or +971 50 106 2750

When will I receive the confirmation for my registration/s?

Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.

What is included in the training fee?

Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.

What are the available payment methods?

The training course fee can be settled by either:

  • Bank transfer
  • Credit Card

How many hours per day, and what are the timings of your training courses?

Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.

Where do you usually hold your training courses?

Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.

Do you provide hotel booking assistance to your delegates?

Once officially registered, we can assist by providing the corporate rates provided by the hotel where the training course will be conducted. Early confirmation will enable us to secure the room at reduced rates

In case of failure to attend, what is your cancellation policy?

Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.

What will I receive after the training course?

Delegates who will attend and successfully complete the training course will earn a COPEX Certificate of Completion. This certification is designed to validate the successful knowledge transfer, and that the desired learning objectives and outcomes to further advance your professional competency are achieved.