Digital Enterprise and Asset Management

Course details

We imagine a future where asset management and digital enterprise are closely integrated to get the most from the rapid change in technologies.

This course navigates through our seemingly complex and contradictory world of industry and the latest initiatives to blend business and engineering best practice with the intelligent use of digital technology. We critically look at methods to measure value generation, identifying non value-adding activities and create efficiency by doing less to achieve more.

What's Special About This Course?

This course is run by Howard Thomas, a highly accredited and professional chemical engineer who has worked on hydrocarbon installations globally and delivered multi-million dollar competency programs for the new LNG assets in Australia under the Clough AMEC banner. As well as designing the programs, Howard also delivered the foundational training from physics and chemistry to full scale LNG optimization. He is widely recognized in his field, and being pursued by many energy companies. You will have the chance to not only learn the fundamentals of practical process safety but have a chance to speak and network!

Also, remember that this course is operated by WorleyParsons, a key and widely recognized player in the engineering, procurement and construction (EPC).

Course Overview

This unique course unlocks the potential of the Asset Management System standards (ISO55001). With the advent of the ISO55000 Asset Management standards and the rapid pace of change in digital technologies, we draw upon operational and maintenance models to align good engineering and business practice to align with ISO55001.

This course navigates through our seemingly complex and contradictory world of industry and the latest initiatives to blend business and engineering best practice with the intelligent use of digital technology.

Information technology has been widely used to automate workflow but instead of improving efficiency we are in danger of drowning in data. We will study the theory of constraints and how workflow automation can be properly integrated into Asset Management to produce the efficiencies and insights desired.

Productive operations require identification of a stable basis to focus our improvement planning efforts. Most modern planning is underpinned by Enterprise Resource Planning (ERP) or Enterprise Asset Management (EAM) software. Today's computerized maintenance management systems (CMMS) are often modules of an ERP or EAM system or need to be integrated with such systems. We will identify how digital technologies can be used to integrate data flow with work flow to continually plan, measure and improve our asset's performance.

We will look at prioritizing competing initiatives rather than trying to do everything at once. In doing so, we will turn our attention to decision analysis; considering the performance measures and benchmark models needed to optimize performance. This brings clarity to the business by allowing focus on the highest value opportunity at any given time.

Finally, we will engage participants in a virtual environment to demonstrate how all this can be integrated in a single useable interface for the whole organization.

You will Learn How to

• Identify opportunities and risks
• Assess current process
• Carry out decision analysis
• Construct a plan and carry out Programme Evaluation and Review Technique (PERT)
• Apply the principles behind ISO55001
• Benchmark performance using an operational excellence model
• Understand and select alternative continuous improvement techniques
• Apply business process engineering techniques to maintain clarity during improvement change
• Implement digital tools to integrate and automate analysis and improvement

Topics

• Overview and Objectives of ISO55000
• Application of Benchmarking
• Use of Business Process Engineering
• Identification of Areas for Improvement
• Removal of Non-Value Adding Activities
• Review of Available Digital Technologies
• Integration of Asset Management and Digital Technologies
• Automated Online Analysis
• Virtual Interface
• Delivering the Combined Promise of Asset Management, Digital Enterprise and Sound Engineering Practice
• Achieve More by Doing Less

Updated on 04 September, 2018