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August 2005 - Library

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“Very valuable.” Department of Infrastructure Planning and Environment<br />

Day One:<br />

Wednesday, 28 September <strong>2005</strong><br />

Swissôtel, Sydney<br />

8.30 Registration And Coffee<br />

9.00 Opening Remarks From The Chair<br />

Bill Holmes, Director<br />

SIRF ROUNDTABLES<br />

ASSESSING AND UNDERSTANDING THE POTENTIAL OF AN<br />

AGEING ASSET BASE<br />

9.10 Understanding The Benefits Of Investment In A Mature Asset<br />

Base<br />

expert<br />

commentary<br />

Effective management of an asset in the lateral stages of its<br />

lifecycle can translate into huge savings if coordinated correctly. In<br />

this session, delegates will learn how the investment into this area<br />

can pay off when managed correctly.<br />

● Understanding the lifecycle of your assets<br />

● Evaluating contribution of a well maintained mature asset<br />

base to company profits<br />

● Debunking the myth of older assets being more expensive<br />

Randall Ferguson, Maintenance Manager<br />

BONLAC FOODS LTD<br />

(Maintenance Excellence Award Winner)<br />

9.50 Assessing The True Age And Capability Of An Asset Using<br />

case<br />

study<br />

Effective Condition Profiles<br />

As a first step in life extension, effective assessment must be made<br />

of an asset’s current status. In this session, delegates will learn<br />

how to link the past, present and future of an asset to maximise<br />

it’s life potential.<br />

● Linking past inspections to assess Net Present Value (NPV)<br />

● Understanding the importance of regular condition monitoring<br />

● Employing degradation modelling to assess future asset<br />

condition<br />

● Placing an asset accurately on potential lifespan<br />

Malcolm Owens<br />

General Manager Infrastructure, Strategy and Performance<br />

AUSTRALIAN RAIL TRACK CORPORATION<br />

10.30 Morning Tea<br />

11.00 Minimising Investment And Maximising Productivity To Achieve<br />

Asset Excellence<br />

case With ageing assets comes the challenge of producing reliable<br />

study plant performance that continually meets business needs. Along<br />

with this comes pressure for reduced operating expenditure and<br />

capital investment. Hear how Delta Electricity has successfully<br />

managed their ageing plant by:<br />

● Increasing plant performance whilst minimising maintenance<br />

costs<br />

● Realising factors influencing capital investment<br />

● Using risk management and financial evaluation to balance<br />

operating costs and capital investment<br />

Brian Roby, Asset Manager<br />

DELTA ELECTRICITY<br />

IMPROVING RISK AND SAFETY STANDARDS AS A<br />

TOOL OF ASSET EXTENSION<br />

11.40 Maintaining And Exceeding Safety Standards With An Ageing<br />

Asset Base<br />

case An ageing asset base may have increased maintenance issues but<br />

study it is still possible to keep safety standards of utmost importance. In<br />

this session, you will learn how the Royal Australian Navy is<br />

balancing the competing demands of a high operational tempo<br />

whilst maintaining safety as a top consideration.<br />

● Keeping safety of utmost priority<br />

● Integrating safety standards into a maintenance regime<br />

● Growing an organisational culture to maintain the balance<br />

between availability, safety and operating costs<br />

Commodore Tim Barter, Director General of Maritime Support<br />

DEPARTMENT OF DEFENCE<br />

12.20 Lunch<br />

1.30 Maximising The Lifespan Of An Asset By Creating A Culture<br />

Focussed On Reliability<br />

expert<br />

commentary<br />

The challenge for asset owners is the creation of an environment<br />

that stimulates a culture of reliability. Delegates will hear of a<br />

number of different approaches that help to eliminate defects in<br />

operating and maintenance practices and learn the importance of<br />

root cause analysis.<br />

● Engaging personnel at all levels in effective problem definition<br />

and clarification<br />

● Managing multiple projects in a way that reveals and allows<br />

rectification of recurring problems<br />

● Finding creative and constructive solutions to work long-term<br />

Bill Holmes, Director<br />

SIRF ROUNDTABLES<br />

2.10 Developing And Implementing A Risk-Based Inspection Regime<br />

In this session, Brenton gives a case study to illustrate how risk-<br />

case<br />

study<br />

based inspection has been implemented with much success, at the<br />

Caltex oil refineryat Kurnell in Sydney. Delegates will hear how<br />

Caltex uses a knowledge and understanding of risk in the<br />

workplace and transforms that into an inspection regime which<br />

can help extend the life of equipment.<br />

● Risk ranking of assets based on probability and consequence<br />

of failure<br />

● Using the API 581 base resource document to develop<br />

inspection regimes<br />

● Developing a risk matrix for your workplace<br />

● Analysing possible outcomes from risk minimisation<br />

Brenton Watts, Corrosion Engineer<br />

CALTEX AUSTRALIA<br />

2.50 Afternoon Tea<br />

3.10 Using Risk Management As A Tool To Extend The Lifespan Of<br />

Your Assets<br />

expert<br />

commentary<br />

Knowledge of the risks facing an asset and effective utilisation of<br />

that information plays an essential part in bringing an asset to full<br />

term. In this session, risk expert Peter Buckland explains the vital<br />

risk considerations and how to apply solutions, including:<br />

● Obsolesence risks<br />

● Contracts risk<br />

● Accounting for unknown risks<br />

● Allowing for financial risks associated with sourcing and<br />

funding<br />

Peter Buckland, Manager Assets Policy<br />

HUNTER WATER CORPORATION<br />

3.50 Executive Champagne Roundtable Discussions<br />

After a day of exclusive presentations, IQPC want to ensure you<br />

have the opportunity to discuss what you’ve heard and network<br />

with your peers. A top selection of our speakers will lead<br />

discussions on the vital life asset extension strategies raised during<br />

the day. Aided with free flowing champagne, this provides the<br />

ideal informal setting for open idea exchange and networking<br />

with your peers.<br />

4.30 Closing Remarks From The Chair<br />

4.40 Close Of Day One<br />

Sponsorship And Exhibition Opportunities<br />

IQPC can create a sponsorship or exhibition package to match your objectives.<br />

IQPC sponsors enjoy extensive benefits including:<br />

● Direct access to your target market<br />

● Enhancing your company or brand position<br />

● Increasing your competitive selling advantage<br />

● Achieving a high profile association with a key industry event<br />

For more details on the promotional opportunities that sponsorship can offer,<br />

contact George Cupac on (02) 9229 1002, fax (02) 9223 3863 or email<br />

george.cupac@iqpc.com.au<br />

Email registration@iqpc.com.au or visit www.iqpc.com.au/MaintenanceIQ

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