Format
Format
Format
Overview
COURSE TITLE
In todays highly competitive business environment, management of physical assets (their selection,
maintenance, inspection and renewal) plays a key role in determining operational performance and
profitability of any business unit, manufacturing plant or industry that operate assets as a part of their core
business. Asset Management, being the art and science of making right decisions and optimizing these
processes, attempts to minimize the total life cost of assets and directly or indirectly influences
manufacturing/production/operation/service cost, processes and quality, and throughput or delivery time.
There is particular interest in the application of asset management principles to the management of
engineering systems in any industrial unit where the cost and performance of the assets are of major
significance.
Asset Management for any engineering system needs to focus on maintenance, renewal and enhancement
activities, with an integrating mechanism, on delivering sustainable outputs valued by customers and funding providers at the lowest whole-life cost emphasizing on creating knowledge of how assets degrade and
fail to optimize maintenance and renewal interventions. It is essential that industries across India, many
organizations of which being asset-intensive, promote a consistent asset management approach to their
infrastructures and systems in overall manufacturing, production and supply chain domain to develop their
own methods, standards and framework for achieving excellence in business performance.
Internationally acclaimed academics, researchers and practitioners with proven knowledge, experience,
and demonstrable ability in teaching, consultancy, research, and training in the field of Engineering Asset
Management will deliver lectures and discuss cases in the course. The course will be planned and offered as
per the norms set by IIT Kharagpur for ISWT subject.
Objectives
The primary objectives of the course are as follows:
i) Exposing participants to the fundamentals of asset management practices,
ii) Building in confidence and capability amongst the participants in the application of asset management
tools and techniques and mapping the organizational activities and problems in terms of Asset Management framework,
iii) Providing exposure to practical problems and their solutions, through case studies and live projects in
asset management,
iv) Enhancing the capability of the participants to identify, control and remove asset management-related
problems in engineering system.
Course details
Module A: Process Synthesis
May 27
Tuesday
Lecture 1 : 9:30 to 10:30 AM
Process Design Paradigm, Process Synthesis Approaches, Hierarchical Systematic Generation
Task Coordination and Integration
Lecture 2: 10:45 to 11:45 AM
Residue Curve Theory, Separation Scheme Synthesis and Other Uses for Residue Curves,
Opportunistic Separation Scheme Synthesis,
Tutorial 1. 2:00 to 4 PM
Problem solving session with examples: Heat Exchanger Networks, Heat-Integrated
Distillation, Process Flowsheet Intensification
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May 31
Saturday
Lecture 9 : 9:30 to 10:30 AM
Challenges for Means-Ends Analysis Approaches,
Nonideal Systems
June 6 Friday
Lecture 19 : 9:30 to 10:30 AM
Challenges for Means-Ends Analysis Approaches,
Nonideal Systems
Executives, engineers and researchers from manufacturing, service and government organizations including R&D laboratories.
Student students at all levels (BTech/MSc/MTech/PhD) or Faculty from reputed academic
institutions and technical institutions.
Registration Fees
Participants from abroad :
US $500
Academic Institutions:
All modules :
Rs. 10000/-
The above fee include all instructional materials, computer use for tutorials, 24 hr free internet facility. The participants will be provided with single bedded accommodation on payment basis.
PROPOSED BUDGET
Sl No
1
2.
3
4
5
6
7.
8.
Description of budgetary
head per Course
International Expert Air Fare,
Honorarium to Expert
Lecture Notes/video-learning
material preparation
Contingency
Video recording expenses
Miscellaneous expenditure
(Item 1 to Item 6 should not
exceed 8000 or 12000 USD)
Host Faculty Honorarium
Coordinator Honorarium
GRAND TOTAL
Amount (Rs.)
2,00,000
2,00,000
50,000
50,000
25,000
25,000
30,000
20,000
6,50,000
Honorarium to host faculty and local coordinator should be paid from the earning
for the subject through fee collection.
Course Coordinators
Professor Pradip Kumar Ray
Principal Coordinator
Department of Industrial Engineering and Management, IIT Kharagpur
Kharagpur
.721 302 West Bengal
Tel: +91 3222 283742 (O), 283743 (R)
+91 9434055274
Email: pkr@vgsom.iitkgp.ernet.in