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Managing Assets and Value

Cranfield University, In Cranfield
Length
5 days
Price
1,800 GBP excl. VAT
Next course start
Please enquire for course dates See details
Course delivery
Classroom
Length
5 days
Price
1,800 GBP excl. VAT
Next course start
Please enquire for course dates See details
Course delivery
Classroom
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Course description

This course will introduce the concepts of through life system sustainment by defining how to manage assets and value, key terminologies, relating issues across multiple sectors and by highlighting the business drivers for the system sustainment and the future requirements.

With an aim to develop a basic understanding of the key value drivers and performance levers to be considered in delivering through-life value from complex engineering systems. This will be achieved by reviewing emerging research and industry best practice in the field of system maintenance and through-life support and applying the learning from specific case studies. In addition to this the course will address business drivers and future trends to develop an understanding of operational methods, engineering challenges and basic tools to sustain “value in use” from operational assets.

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  • Classroom
  • Cranfield
  • English

Suitability - Who should attend?

This course is suitable for through-life engineering specialists, asset management and maintenance professionals. We aim to enhance your skills, and address the need for highly trained individuals involved in the support of complex equipment and systems.

Focused on educating leaders in the fields of maintenance systems, design and planning, maintenance assessment and operations management, engineering and technology including condition-based maintenance and health management, standards and regulation, information technology, contracts and policy, life extension and obsolescence management, cost modelling and control.

Outcome / Qualification etc.

What you will learn

On successful completion of this study the student should be able to:

  • Identify the key through-life value drivers for a complex engineering system.
  • Demonstrate an understanding of the range of operational methods available for supporting equipment in service through life, and their relative advantages
  • Demonstrate the basic understanding of system sustainment in the context of various sectors, and the business, operations and engineering challenges involved
  • Demonstrate an understanding of the basic tools and methods for analysing and modelling the effectiveness of the system sustainment service or operation.
  • Identify the implications of various methods for implementation of a “system sustainment” service to maintain “value in use” from equipment
  • Analyse challenges in through-life management and leadership.

Training Course Content

Core content

  • Through-life value delivery and system thinking for a complex engineering system
  • Principles of managing system performance through life / holistic life cycle: maintenance, technology support, technology insertion, logistics, data and service network design and systems thinking
  • Introduction to the relationship between system performance and service capability (“through life capability management”): ensuring value in use through client focus and building relationships; and policy and strategy for through-life management
  • Assessment of cost and effectiveness for reliability and maintainability , introduction to investment appraisal for system sustainment and performance assessment methodologies to design the support solution, contracting models for the servitisation, leadership skills requirement for through-life management.

Course delivery details

Course structure

This five day course is presented through a mixture of lectures, tutorials and discussion of case studies.

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Cranfield University
College Road
MK43 0AL Cranfield

Cranfield University

Cranfield is a specialist postgraduate university that is a global leader for education and transformational research in technology and management. We have many world-class, large-scale facilities, including our own global research airport, which offers a unique environment for transformational education...

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