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QimmaGlobal Training

Life Cycle Costing: Practical Workshop

Maintenance & Reliability

  • QGT-MRE-158
  • Practical workshop
  • 5 or 10 days
  • Online · Classroom · In-house

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Course overview

Life Cycle Costing: Practical Workshop is a hands-on workshop built around exercises and real site problems in Life Cycle Costing. It covers the principles, the requirements of ISO 55001, ISO 14224, SAE JA1011 and SMRP best practice, and the practical methods used on site, with case studies from operations in the Gulf, Africa and worldwide. Available online, in the classroom in 60 cities, or in-house.

What participants will be able to do

  • Explain the principles, terminology and scope of Life Cycle Costing
  • Apply the relevant requirements of ISO 55001, ISO 14224, SAE JA1011 and SMRP best practice
  • Use practical tools, checklists and calculations with confidence
  • Recognise common problems, risks and root causes and choose the right corrective action
  • Prepare an improvement plan for their own site or organisation

Who should attend

Designed for maintenance engineers, planners, reliability engineers and supervisors who want practice rather than theory.

Course outline (5 days)

  1. Day 1: Workshop briefing and baselineParticipants bring a real problem from their own site
  2. Day 2: Guided practice 1Hands-on exercises using templates, checklists and calculators
  3. Day 3: Guided practice 2Simulations and role-play based on Life Cycle Costing scenarios
  4. Day 4: Field cases from the Gulf and AfricaAnalysing what went wrong and what worked
  5. Day 5: Action plan and peer reviewEach participant leaves with a reviewed improvement plan
What the 10-day edition adds
  1. Day 6: Applied project, part 1Apply the week-one methods to a case from your organisation
  2. Day 7: Data and digital toolsSoftware, spreadsheets and digital tools used in practice
  3. Day 8: Lessons from incidents and auditsWhat investigations and audit findings teach
  4. Day 9: Applied project, part 2Complete, test and refine your solution
  5. Day 10: Presentations and final assessmentPresent to the group and complete the final assessment

Training method and certificate

Interactive sessions, practical exercises, case studies and pre- and post-course assessments. Participants receive a Qimma Global Training certificate of completion stating the training hours (30 hours for 5 days, 60 hours for 10 days). Delivered in English or Arabic.

Dates 2027–2030

None of these dates work? We run this course for your team on the date and in the place you choose.

DatesCityDurationFee
11–15 Apr 2027Riyadh Classroom5 days$5,500Register
30 May – 10 Jun 2027Erbil Classroom10 days$9,900Register
9–13 Aug 2027Prague Classroom5 days$5,500Register
5–16 Sep 2027Amman Classroom10 days$9,900Register
1–5 Nov 2027Online (live) Online (live)5 days$3,000Register
6–10 Feb 2028Cairo Classroom5 days$5,500Register
6–17 Mar 2028Singapore Classroom10 days$9,900Register
30 Jul – 3 Aug 2028Salalah Classroom5 days$5,500Register
9–20 Oct 2028Prague Classroom10 days$9,900Register
6–10 Nov 2028Online (live) Online (live)5 days$3,000Register
14–18 Jan 2029Manama Classroom5 days$5,500Register
25 Mar – 5 Apr 2029Sharm El Sheikh Classroom10 days$9,900Register
9–13 Apr 2029Milan Classroom5 days$5,500Register
16–27 Jul 2029Sharjah Classroom10 days$9,900Register
27–31 Aug 2029Online (live) Online (live)5 days$3,000Register
7–11 Jan 2030Zurich Classroom5 days$5,500Register
11–22 Feb 2030Brussels Classroom10 days$9,900Register
18–22 Feb 2030Beirut Classroom5 days$5,500Register
15–26 Sep 2030Doha Classroom10 days$9,900Register
11–15 Nov 2030Online (live) Online (live)5 days$3,000Register

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