Key Performance Indicators (KPIs) Development 

24 Training Hours

 

Introduction

Owners of industrialized plants, manufacturing facilities, and commercial entities recognize that at some point their assets and equipment will require some form of maintenance. 

All businesses, from mom-and-pop shops to billion-dollar companies, are vested in tracking their progress, figuring out what works and fixing what doesn’t; that is the reason why determining Key Performance Indicators (KPIs) is so important. Once you’ve determined what your strategic goals are, using KPIs to measure those goals regularly allows you to make informed decisions and improve outcomes.

This 5-day workshop will provide you with comprehensive, interactive training to help you fully understand and apply concepts learned. 

 

Objectives

Learn: 

 

• Key Performance Indicators (KPI) Basics

• How to set a KPI

• Maintenance Function

• Developing Maintenance Functions

• Preventative Maintenance

• Operator Maintenance

• Predictive Maintenance (PdM)

• Reliability Centered Maintenance (RCM)

• Total Productive Maintenance (TPM)

• Goals vs. Objectives

• Leading vs. Lagging Indicators

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Methodology

 

This course was developed using over 30 years of experience of world class best practices. The focus is on value adding activities and understanding the use of KPIs to create, monitor and correct effective maintenance programs of critical physical assets and their impact on the maintenance efficiency (Planning and Scheduling) as well as the budgetary impact. 

 

The exchange of instructor and students’ experiences, case studies and practical exercise complements positively the lecture.

 

Benefits

 

• Managers can real-time monitor team performance and progress as a project or process unfolds. This allows adjustments to be made and necessary resources to be allocated to maximize productivity.

• Using the KPI’s, teams can quickly view where each task stands on the timeline, allowing them to see what is on track and what might be stalled. This helps avoid delays since adjustments can be made as needed, helping to ensure completion of the objectives.

• KPIs are both simple and straightforward, making them easy to formulate.

• Using KPIs also means sharing objectives and providing transparency, which creates to invested employees.

• KPI setting is a tool to evaluate achievements, analyze issues and solve problems, illustrate trends and patterns that are essential to making the most informed decisions possible. When the right types and amounts of KPIs are used, these indicators provide the data that will help benefit the overall health of an organization.

 

 

Who should attend?

 

For experienced maintenance and engineering personnel interested in an advanced course which overviews operations training, accurate maintenance estimating, scheduling, and best practice maintenance planning.

 

This workshop will provide students with interactive training including practical and industry specific case studies.

 

• VPs and directors

• Shutdown Managers

• Maintenance Planners

• Maintenance Schedulers

• Maintenance Managers

• Maintenance Superintendents

• Maintenance Engineers

 

Key Topics

 

• Key Performance Indicators (KPI) Basics

• How to set a KPI

• Developing Maintenance Functions

• Preventative Maintenance

• Operator Maintenance

• Predictive Maintenance (PdM)

• Reliability Centered Maintenance (RCM)

• Total Productive Maintenance (TPM)

• Goals vs. Objectives

• Leading vs. Lagging Indicators