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17 - MSE - Maintenance, Scheduling, Planning


MSE 154 - Asset Management & Mechanical Failure Analysis

Code Start Date Duration Venue
MSE 154 29 July 2024 10 Days Istanbul Registration Form Link
MSE 154 26 August 2024 10 Days Istanbul Registration Form Link
MSE 154 23 September 2024 10 Days Istanbul Registration Form Link
MSE 154 21 October 2024 10 Days Istanbul Registration Form Link
MSE 154 18 November 2024 10 Days Istanbul Registration Form Link
MSE 154 16 December 2024 10 Days Istanbul Registration Form Link
Please contact us for fees

 

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, Individual and group exercises you will be able to focus your management thinking and learn new Approaches. Don’t miss this opportunity to gain a competitive edge through Best Practice Property Management

The second part of this course discusses mechanical failure analysis. Mechanical failures are the cause of ceasing a production and thus ought to be eliminated through the intervention of maintenance.  It is vital to correctly grasp the concept of failures.  Mechanical failure analysis introduces the causes of the failures, which need to be corrected for efficient production.  This course is also designed to bridge the gap between theory and practice of 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/Schedule

Day 1

  • 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 (part of planning phase)
  • PACD (plan–act–check–do) - quality management
  • Construction Safety (part of execution phase)

Day 2

  • Environmental Sustainability
  • Government and Sustainability
  • Principles of Sustainability
  • Assessment
  • Personal, corporat, 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 r. Dispute Board

Day 3

  • Property Management / Asset Management
  • A 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 f. Trends in Lease Rentals
  • Property Sector – Commercial

Day 4

  • 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

Day 5

  •  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 for Property Management

Day 6

  • What is mechanical failure
  • Failure Modes
  • Cause of failures in production
  • Effective ways to prevent failure or live with the failures

Day 7

  • Static failure modes
  • Fracture
  • Buckling
  • Impact
  • Strength calculations
  • Material and dimension selection

Day 8

  • Dynamic failure modes
  • Fatigue
  • Creep
  • Wear
  • Corrosion

Day 9

  • Crack growth
  • Failure rate
  • Hazard analysis
  • Impact testing
  • Fatigue testing

Day 10

  • Failure testing
  • Improving fatigue life
  • Improving creep life
  • Structural examples
  • Bearing example