Inclusive Masterclass

MASTERCLASS - WHOLE OF LIFE FORECASTING – HELPING ASSET MANAGEMENT TEAMS INFLUENCE BETTER BUSINESS OUTCOMES.

Masterclass Objective:

Last year’s costs are a terrible estimate to use to forecast future resource requirements and decisions based on these forecasts have proven to be poor. This workshop will tell our story of using Whole of Life (WoL) modelling to inform the people across your organisation, resulting in better business decisions through an understanding of the asset lifecycle.

The business decisions for fl eet selection, operating and capital budgets, operating plans or purchasing agreements will all directly affect the maintenance team for the equipment. Good forecasting of lifecycle costs enables high value business decisions to be made rapidly, and provides all internal stakeholders (fi nancial, operations, and maintenance for example) a voice in the decision-making process.

Using real case studies from transportation and open cut mining, this workshop will demonstrate the use of Whole of Life Modelling, including how one mining operation used WoL modelling to deliver a 25% reduction in maintenance cost, an industry best practice for this asset type.

About Your Masterclass Leader:

Rob Bechman
Former Asset Management Specialist Rio Tinto Coal & Managing Director
RED BUTTON GROUP

Red Button Pty Ltd specialises in the Asset Management field. Rob is focussed on delivering ‘push button’ solutions for heavy industry customers in the Asset Management area.

He has extensive experience in rapidly developing and implementing a Whole of Life approach to Asset Management to give organisations an insight in cost, resources, and reliability forecasts. This can be used to make capital allocation decisions, drive business improvement, and develop equipment strategies. Rob has also created and been the facilitator for ‘Communities of Practice’ to drive collaboration in organisations and ensure that best practice is actually implemented every day. Prior to starting Red Button Group, Rob has worked for Rio Tinto in roles in Australia, USA and China focusing on Asset Management implementation. Rob has presented widely and has a commitment to improving industry awareness of the application of Whole of Life forecasting in business decisions.