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Maintenance Management and Cost Optimization

MRMC-712

Course Code

5 Days

Duration

4

Upcoming Dates

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Sector Name

Maintenance & Reliability Management

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26 Oct 2026 | 30 Oct 2026
Online, Virtual
$2,150
Limited Seats
10 Jan 2027 | 14 Jan 2027
Dammam, KSA
$4,250
Upcoming
28 Jun 2027 | 02 Jul 2027
Dubai, UAE
$4,250
Upcoming
06 Sept 2027 | 10 Sept 2027
Amsterdam, Netherlands
$4,950
Upcoming

Course Introduction

This course is designed to provide maintenance planners, maintenance and reliability engineering, maintenance programmers, and maintenance managers with the skills and knowledge to enable and facilitate the development of an advanced and integrated maintenance cost control management system. Maintenance Cost Control introduces delegates to concepts and techniques that can help lift the maintenance performance and the contribution of maintenance to business performance to a higher level. Provides essential knowledge and skills to achieve optimal performance of equipment, structures, and systems, and improve maintenance procedures to gain maximum return on investment. Maintenance managers will master the methods for increasing asset utilization rates, decreasing costs and downtimes, and ensuring high safety and quality standards.

Course Objectives

  • Understand the definition and objectives of maintenance Management 
  • List the maintenance management strategies and tactics 
  • Calculate the total cost of maintenance for their own production plant 
  • Build a strategy and business case to eliminate waste and develop lower maintenance costs without losing reliability 
  • Clarify the EAMS main modules and functions 
  • Assess the Asset Management capability of the organization and design a strategy for enhancement. 
  • Decide on appropriate maintenance KPIs and compose a balanced scorecard for the maintenance department.