Strategic Insight and Expertise for Sustainable Business Growth
CC’s professional asset management and mechanical failure analysis training develops practical expertise in physical asset performance, property management, reliability and mechanical failure prevention.
MSE 154 - Asset Management & Mechanical Failure Analysis
A comprehensive professional training program combining property and physical asset management with mechanical failure analysis, reliability, risk management and practical maintenance decision-making.
Asset Management
Develop practical knowledge of property, physical assets, investment and asset performance management.
Risk & Reliability
Understand sustainability, risk assessment, failure modes and strategies for improving asset performance.
Failure Analysis
Apply mechanical failure analysis techniques to identify causes and improve equipment reliability.
Course Description
Like most facets of modern business, the management of property and assets has to meet the same imperatives of controlling costs and maximizing returns. Therefore, it is imperative that you grasp and optimize your property management skills to ensure you meet the demands of the competitive property market.
Through a comprehensive analysis of best practice techniques, national and international experiences, and individual and group exercises, participants will be able to focus their management thinking and learn new approaches. This course provides an opportunity to gain a competitive edge through best-practice property management.
The second part of this course discusses mechanical failure analysis. Mechanical failures are a cause of production stoppages and therefore ought to be eliminated through effective maintenance intervention. Participants will develop a practical understanding of failures, their causes and methods of analysis.
The course is designed to bridge the gap between theory and practice of mechanical failure analysis.
Course Objectives
- Understanding the most important ingredient for development.
- Discussing the principles of sustainability.
- Discussing how governments raise resources.
- Learning about freehold and leasehold property.
- Introducing Modern Portfolio Theory.
- Familiarizing with mechanical failure analysis.
- Learning failure modes and designing fail-safe systems.
- Understanding the service and maintenance requirements for machine failures.
Who Should Attend?
- Engineering and technical managers
- Maintenance managers
- Production or operational managers
- Managers who want to improve the condition and performance of their physical assets to optimise the return on their capital investments
Course Details
5-Day Course Syllabus
Day 1 — Economy, Development and Asset Foundations
- A brief introduction about what is Economy
- Key Economic Sectors
- Development and Construction
- Most important ingredient for Development: Land
- Acquisition of Land for Development
- Eminent Domain
- Project life cycles and phases
- Procurement as part of the planning phase
- PACD (Plan–Act–Check–Do) quality management
- Construction Safety
- Environmental Sustainability
- Government and Sustainability
- Principles of Sustainability
Day 2 — Finance, Risk and Property Investigation
- Assessment
- Personal, corporate and public finance
- Union Budget
- Fiscal Deficit
- Revenue and Capital Expenditure
- Risk Management Process
- Qualitative and Quantitative Risk Analysis
- Probability and Impact Matrix
- Risk Mitigation – Action Strategies
- Investigation of a Property
- Investigation Steps
- Safety Management System
- Arbitration and Dispute Board
Day 3 — Property & Asset Management and Portfolio Strategy
- Property Management / Asset Management
- Property market cycle
- Tenancy Rules in Various Countries
- Tenancy Business Model
- Tenancy company job profile
- Modern Portfolio Theory
- Property Investment Process
- Capital Asset Pricing Model (CAPM)
- Property Volatility
- Diversification within the Property Asset Class
- Property Portfolio Strategy and Investment
- Capital Markets and the Financing Environment
- Mixed Asset Portfolio Investments
- Short-term versus long-term periods
- Property Sector – Residential
- Residential Industry Growth
- Property Sector – Retail
- Demand–Supply Situation for Retail
- Trends in Lease Rentals
- Property Sector – Commercial
Day 4 — Property Marketing, Technology and Contemporary Management
- Marketing Property
- Freehold and Leasehold Property
- How Government Disposes Property
- Role of the Broker
- Changes to the Broker Profession
- The Marketing Mix for Property
- Government eAuction System
- Challenges and Opportunities
- Contemporary Issues
- Technology for Property Management
- Computerizing Land Records
- Features Desired in Property Management Software
- Current Concerns When Choosing Property Management Software
- Blockchain – Technology for the Future of Property Management
Day 5 — Mechanical Failure Analysis and Reliability
- What is mechanical failure
- Failure Modes
- Causes of failures in production
- Effective ways to prevent failure or live with failures
- Static failure modes
- Fracture
- Buckling
- Impact
- Strength calculations
- Material and dimension selection
- Dynamic failure modes
- Fatigue
- Creep
- Wear
- Corrosion
- Crack growth
- Failure rate
- Hazard analysis
- Impact testing
- Fatigue testing
- Failure testing
- Improving fatigue life
- Improving creep life
- Structural examples
- Bearing example
Develop Your Asset Management & Failure Analysis Expertise
Connect with Capital Consultants for professional mechanical engineering training and practical asset management, reliability, maintenance and mechanical failure analysis development.
REGISTER GO HOME