Maximize Plant Performance using Reliability Analysis

Billions of dollars are lost each year to equipment failure, unplanned downtime, and production disruption. The challenge is to maintain optimal reliability and mitigate risks while achieving target production levels.
In this course, you will learn how you can use Aspen Fidelis Reliability to generate accurate predictions of future performance and monitor key indicators such as availability, utilization, system shutdowns, logistics, and resource usage.

Note: If you are interested in this training class you need to attend Optimize 2019 and select All Access Pass
To register please go to: https://www.optimize2019.com/events/optimize-2019/registration-bea4532088f6457b866d27d8a345765f.aspx?fqp=true
 

Audience:

Engineers and managers with an interest in system reliability
 

Training Details

  • Course Id:

    AFR150

  • Duration:

    1 day(s)

  • CEUs Awarded:

    0.7

  • Level:

    Introductory

Approach

Clear guidance on fundamental topics
  • Industry workflows
  • Hands-on workshops
  • Experienced instructor-guided demonstrations
  • Q&A on student-specific problems

Pre-requisites

Familiarity with process simulation is preferred, but not required.

Agenda

Reliability Overview
Monte Carlo Simulation Overview
Business Summary
  • Making the Economic Case to Drive Decisions
  • Customer Usage Experience
Aspen Fidelis Reliability Software Demo
  • Transform existing drawings and data (CMMS, production logs, etc.) into highly-accurate predictions of future performance.
    • Sources of Data
    • Data Fitting Techniques
  • Quantify deltas in performance given changes in:
    • Design– Redundancy, Bypasses, Quality of Component
    • Capacities – Tank Sizing and Unit Capacities
    • Operations
    • Maintenance
    • Logistics – Supply Chain, Terminal Utilization
Identification of System Limitations
  • Bad Actors
  • System Bottlenecks
  • Simplify asset procurement and spare parts management.
    • Determine the optimal numbers of spare parts
    • Quantify the impact of stock out events
  • What Value Will You Be Able to Drive?
 

Register for a Class

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Aspen Technology, Inc. awards Continuing Education Units (CEUs) for training classes conducted by our organization. One CEU is granted for every 10 hours of class participation.