Fundamentals of Life Cycle Costing
Overview
Fundamentals of Life Cycle Costing shows maintenance teams how to spend effort where it prevents failures, and how to prove the gain in availability and cost. It is designed for participants who are new to the subject or want a solid, structured foundation.
What you will be able to do
- Explain the key concepts, terminology and standards of Life Cycle Costing.
- Describe shutdown and turnaround readiness.
- Carry out routine tasks related to reliability KPIs and cost of unreliability safely and correctly.
- Recognise early warning signs in maintenance strategy and asset criticality and escalate them.
- Use checklists and simple tools to support daily work.
Who should attend
- Staff new to the subject or moving into the role
- Maintenance managers and engineers
- Reliability engineers
- Planners and schedulers
- Condition monitoring technicians
Daily outline
- Day 1Introduction to Life Cycle Costing: concepts, terminology and standards
- Day 2Shutdown and turnaround readiness
- Day 3Reliability KPIs and cost of unreliability
- Day 4Maintenance strategy and asset criticality
- Day 5Practical exercises, review and assessment
Sessions 2027–2030
| Dates | City | Fee | Register |
|---|---|---|---|
| 17–21 May 2027 | LONLondon | $4,500 | Register |
| 23–27 August 2027 | WEB Online | $2,500 | Register |
| 21–25 November 2027 | RUHRiyadh | $4,500 | Register |
| 24–28 January 2028 | WEB Online | $2,500 | Register |
| 9–13 April 2028 | JEDJeddah | $4,500 | Register |
| 22–26 October 2028 | CAICairo | $4,500 | Register |
| 27–31 May 2029 | CAICairo | $4,500 | Register |
| 6–10 August 2029 | WEB Online | $2,500 | Register |
| 4–8 November 2029 | RUHRiyadh | $4,500 | Register |
| 18–22 February 2030 | LONLondon | $4,500 | Register |
| 13–17 May 2030 | WEB Online | $2,500 | Register |
| 18–22 August 2030 | DOHDoha | $4,500 | Register |
The Life Cycle Costing series
Frequently asked questions
How much does Fundamentals of Life Cycle Costing cost?
The fee is US$2,500 per participant online or US$4,500 in the classroom for 5 days.
Where and when is the course held?
Sessions run from 2027 to 2030 in London, Riyadh, Jeddah, Cairo and Doha, and live online. See the session table above for exact dates.
What certificate will I receive?
Participants who complete the course receive an SGT certificate of completion showing the training hours.
In which language is the course delivered?
Sessions are delivered in English or Arabic. Tell us your preferred language when you register.
Can SGT deliver this course in-house?
Yes. For groups we deliver the course at your premises in any city, with content adapted to your equipment and procedures.
How do I register?
Send the course name, city and dates on WhatsApp to +20 106 597 6553. We reply with booking confirmation and registration steps.