Short Courses

Fundamentals of Asset Maintenance and Reliability Management

Learn the fundamentals of reliability engineering concepts and how they can enhance an organisation's Asset Management Plan.
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Learn the fundamentals of reliability engineering concepts and how they can enhance an organisation's Asset Management Plan.

Across all sectors of engineering the design of systems and equipment is becoming more complex. This has resulted in the increased need for effective maintenance strategies to analyse and predict future reliability performance of infrastructure facilities and assets.

This workshop is delivered over two x four-hour sessions and provides a basic understanding of Asset Maintenance and Reliability Management.

Based on the international standard (ISO55000), an industry expert facilitator will demonstrate that Maintenance and Reliability Management is integral to an effective Asset Management system.

You'll learn how to use maintenance and reliability principles to analyse and predict future reliability performance of operating assets, as well as develop appropriate maintenance strategies for your assets.

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*1% credit card surcharge applies.

Any questions?

2 x 4-hour sessions
Location & dates
Professional Skills

27 August - 28 August

Professional Skills

6 November - 7 November

Additional Information

This course will run on the following dates:

2 & 3 May, 9am – 1pm AEST

27 & 28 August, 1pm – 5pm AEST

6 & 7 November, 9am – 1pm AEDT


Registrations close three business days before the start of each session.

We can customise this course for groups of six or more.

You choose the time, place, duration and format.

Find out how we can help you and your team by clicking on the button below to request a quote or calling us directly on +61 3 9321 1700.

Learning outcomes
  • Identify what Asset Maintenance and Reliability Management is and how it may benefit your organisation and development the appropriate maintenance.
  • Analyse and predict future reliability performance
  • Develop and apply appropriate maintenance strategies
  • Discuss and resolve maintenance and reliability issues
  • Apply Reliability Centred Maintenance (RCM) & Failure Modes Effects and Criticality Analysis (FMECA) principles to improve performance
  • Identify of the advantages of condition-based maintenance techniques and their application
Is this course for you?

Is this course for you?

This course is relevant to anyone involved in maintenance and reliability engineering tasks.

Roles include:

  • Reliability engineers
  • Process engineers
  • Maintenance engineers
  • Asset management professionals
  • Maintenance supervisors
  • Operations personnel
  • Facility engineers

There are no prerequisites for this course.

Topics we'll cover

Topics we'll cover

Session 1 - Introduction

  • Introduction to Asset Management
  • Where does Maintenance fit within Asset Management
  • Why we do maintenance
  • Growing expectations of maintenance
  • Changing maintenance techniques
  • Fourth Generation expectation of Maintenance
  • Asset Life Cycle Planning

Session 2 - Equipment Failure and characteristics

  • Equipment Failure and Failure Characteristics
  • Understanding the consequence of Failure

Session 3 - Reliability, Availability, Maintainability

  • Reliability 
  • Availability, 
  • Maintainability 
  • Reliability Block diagrams
  • Serial & Parallel

Session 4 - Maintenance Strategy/ Tactics Overview

  • Maintenance Strategy/ Tactics
  • Time based or Usage-based Maintenance 
  • Failure Finding Maintenance
  • Run to Failure Maintenance
  • Design out Maintenance
  • Predictive/ Condition Based Maintenance
  • PF Interval determination
  • Risk Based Inspections

Session 5 - Criticality

  • Asset and process risk
  • Why do we assess Criticality?
  • Criticality as a tool to determine Asset strategies/ Tactics

Session 6 - Root Cause analysis

  • What is Root Case Analysis?
  • Why do Root Cause Analysis?
  • 5 Whys
  • Fish Bone Analysis
  • Logic Tree Analysis
  • Comparing the 3 methods

Session 7 - FMECA 

  • What is FMECA
  • What is a failure mode?
  • Failure severity/ consequence
  • Failure Occurrence/ likelihood
  • Detectability of a failure
  • Risk Ranking
  • FMECA process
  • When to conduct an FMECA
  • What FMECA can and cannot Achieve

Session 8 - Reliability Centred Maintenance 

  • What is Reliability Centred Maintenance
  • Operating Context
  • Operating context discussion
  • Levels of Analysis 
  • Determining study boundaries
  • The Seven Questions 
  • Discussion - what do the 7 questions mean?
  • What is a Function?
  • Functional Statements
  • Primary and Secondary Functions
  • Functional failure
  • Failure Effects
  • RCM process
  • The RCM decision tree
  • What RCM can and cannot achieve
  • What FMECA can and cannot Achieve

Session 9 - Revisit the Asset Life Cycle Plan

  • Elements of an Asset Lifecycle plan
  • Levels of service 
  • State of the assets
  • Risks and emerging issues
  • Asset performance
  • Operations, Maintenance and Renewal strategies
  • Finance, budgets, and constraints
  • Assessment and performance monitoring
Alastair Krebs
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