Risk and Reliability Engineering :Tonex Training

1. A Systems Engineering Course RISK & RELIABILITY ENGINEERING TRAINING BOOTCAMP https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

2. Risk and Reliability Engineering Training • Price: $2,458.90Length: 3 Days • Risk and Reliability Engineering Training Course Description • Risk and Reliability Engineering Training covers the principals and techniques of risk and reliability analysis to develop the required skills by exercising practical tools. • This training course focuses on the fundamental concepts and methodology of risk and reliability studies. • TONEX Training Framework: • Risk and Reliability Engineering Training includes labs, group activities, and hands-on workshops • The course is half lecture and half practical exercises • Students can bring in their own projects to work on during the practical section of the class https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

3. Risk and Reliability Engineering Training • Learn About: • Fundamentals of risk and reliability engineering • Risk management process • Mathematics for risk analysis • Basic probabilities • Combined probabilities. • FTA/ETA • Systems modeling using Reliability Block Diagrams • FMEA/FMECA • HAZOP • Quantitative reliability analysis • Introduction to MCS • Reliability, Availability, Maintainability (RAM) • Risk control and decision support systems • Failure consequences • Introduction to stochastic modeling • Insurance of engineering applications • Risk analysis of big-projects • Regulations/standards/ hazards assessment • Asset integrity management • Inspection and Structural Health Monitoring (SHM) https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

4. Risk and Reliability Engineering Training • Audience: • Risk and Reliability Engineering Training is a 3-day course designed for: • Mechanical, process, and energy engineers • Production engineers • Surface facilities Engineers • Reliability Engineers • Maintenance Engineers • Plant managers • General managers • Quality managers • All individuals involved in maintenance and reliability management strategies and tasks https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

5. Risk and Reliability Engineering Training • Objectives: • Upon the completion of risk and reliability engineering training, attendees are able to: • Decide which strategy is required to accomplish optimum performance and reliability • Articulate the risk reduction model, connecting maintenance to these risks • Explain the relationship between maintenance and safety, profitability, and asset life • Understand several methods of component and system reliability and risk analysis • Analyze risks as used to various engineering standards and their related outcomes and suggested ways to mitigate risk • Evaluate risk both quantitatively and qualitatively • Collect and analyze data to control risk and apply them in Risk Based Maintenance Management • Establish an organized information of the basis of risk management and reliability engineering, and a crucial knowledge of their usage on the associated engineering problems • Assess and select the most suitable methodology for risk analysis (qualitative and quantitative), failure consequences analysis, and methods for control/mitigation through decision support systems and other techniques • Derive a crucial and logical technique to the gathering and stochastic modeling of data to apply in the Quantitative Risk Assessment (QRA) methods • Establish a thorough comprehension of the development and applying the standards and asset integrity management https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

6. Risk and Reliability Engineering Training • Course Outline: • Overview • Introduction to Risk Analysis • Structural Systems • Integral Reliability • Statistics for Risk and Reliability Analysis • Risk Control • Risk Based Maintenance Management • Quantitative Reliability Assessment • Empirical Reliability Analysis • Principles of Production Processes Reliability Analysis • Reliability Analysis of Systems • Failure Consequences and Severity • Principles of Financial Analysis • Principles of Risk Analysis • Risk Based Asset Economic Life Cycle Analysis • Root Cause Analysis (RCA) • Process Function • Reliability-Centered Maintenance • Improving Systems Effectiveness • Regulations, Standards, Hazards Assessment RISK & RELIABILITY https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

7. Risk and Reliability Engineering Training • Overview: • Basic Concepts • What is Risk? • Risk analysis • System boundaries • Uncertainty and modeling • What is reliability? • Reliability engineering • What is uncertainty? • Uncertainty management • Asset life cycle economic analysis • Deterministic model • Probabilistic model • Risk-based life cycle economic analysis https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

8. Risk and Reliability Engineering Training • Introduction to Risk Analysis: • Risk identification and assessment • FMEA • HAZOP • PrHA • Assessing and managing risk • QRA • Risk acceptance • Consequence and targets • Decision analysis • Risk communication https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

9. Risk and Reliability Engineering Training • Structural Systems: • System breakdown • Contributing factor diagrams • Decision trees • Influence diagrams • Process systems and modeling methods • Integral Reliability: • Concept • Applications and Benefits • Integral reliability implementation steps • Integral reliability toolkit • Disciplines • Methodologies https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

10. Risk and Reliability Engineering Training • Statistics for Risk and Reliability Analysis: • Fundamental Terms • Descriptive statistics • Sample statistics • Histograms • Histograms formats • Statistics • Using Excel for sample statistics • Population statistics • Probability distribution models • Probability distribution formats • Statistics of probability distributions • Well-known probability distribution models • Using Excel for population statistics • Sample to population statistics • Probabilistic characterization • Goodness of fit tests • Statistics for risk and reliability analysis • Solving mathematical models (equations) random variable input parameters • Monte Carlo Simulation • More… https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

11. Risk and Reliability Engineering Training • Risk Control: • Objective • Risk aversion • Insurance for loss control and risk transfer • Risk actuaries and insurance claim models • Cost-benefit analysis • Risk Based Maintenance Management: • Inspection and maintenance methodology • Development of optimal maintenance policy • Quantitative Reliability Assessment: • Definition of fundamental reliability problem • Numerical methods • Statistical distributions • Monte Carlo simulation https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

12. Risk and Reliability Engineering Training • Empirical Reliability Analysis: • Failure and repair • Availability • Reliability • Failure Rates • MTTF/MTB • Hazard functions • Reliability models • Assessment of hazard functions • Exponential distribution https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

13. Risk and Reliability Engineering Training • Principles of Production Processes Reliability Analysis: • Reliability, Availability and Maintainability (RAM) analysis • Samples data for RAM Analysis of repairable items • Up-Time Data (Failure Data and Censored Data) • Down Time Data • Probability distribution for up -time samples in repairable items • Probability distribution for down-time samples in repairable items • Methodology for availability and expected number of failures calculations for repairable items • Availability and expected number of failures calculations • Sources of data for reliability analysis • Evidence, expert opinion, generic data • Various sources of data combination • Bayes Theorem • Combining generic data with evidence • Combining expert opinion with evidence https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

14. Risk and Reliability Engineering Training • Reliability Analysis of Systems: • Systems in series • Parallel and mixed • k-out-of-n systems • Embedded redundancy • Failure Consequences and Severity: • Assessment Methods • Cause-consequence diagrams • Functional modeling • Real asset damage • Loss of human life • Indirect losses • Public health and environmental damages • Principles of Financial Analysis: • Terminology • Life time of an investment • Projected Cash Flow • Discount rate • Financial indicators • Net present value • Annualized Present Value https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

15. Risk and Reliability Engineering Training • Principles of Risk Analysis: • Basic terms and definition • Undesired events • Risk concepts • Risk analysis • Dimensioning risk • Basic model • Qualitative and semi-quantitative methods for risk analysis • Quantitative Risk Analysis (QRA) • Risk Based Asset Economic Life Cycle Analysis: • General model • Monte Carlo calculation of NPV • Sensitivity analysis of probabilistic NPV • Determining the risk mitigation actions portfolio • Comparing investments options – risk / profitability matrix • Root Cause Analysis (RCA): • Process efficiency • Work and its value • Manufacturing and service industries • The Systems approach • The impact of efficiencies on resources https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

16. Risk and Reliability Engineering Training • Process Function: • The Functional Approach • The Functional Block Diagrams (FBD) • Failure Mode and Effect Analysis (FMEA) • Effective Planning • Prevention of failure or mitigation of consequences • Reliability-Centered Maintenance: • Frequency or Severity • Reliability Block Diagrams and Mathematical Modeling • Fault Tree Analysis (FTA) • Root Cause Analysis (RCA) • Total productive maintenance • Reliability-centered maintenance • Compliance and risks https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

17. Risk and Reliability Engineering Training • Improving Systems Effectiveness: • System effectiveness • Integrity and system effectiveness • Managing hazards • Reducing risks • Communicating risk reduction plans • Maintenance as an investment • Regulations, Standards, Hazards Assessment: • Safety engineering • Learning from accidents • Human factors • Regulations • Fire and explosions risk analysis https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

18. Risk and Reliability Engineering Training https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

19. A Systems Engineering Course RISK & RELIABILITY ENGINEERING TRAINING BOOTCAMP VISIT TONEX.COM https://www.tonex.com/training-courses/risk-and-reliability-engineering-training/

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