Construction Equipment's
Executive Institute


July 16-18, 2019 | Hilton Rosemont/Chicago O’Hare

Presented by Mike Vorster and CEMP (Construction Equipment Management Program)
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35 Seats Max. Claim Yours.


Two days of in-depth, dynamic presentations on how to successfully navigate the financial challenges of modern equipment management. Strategies that you can implement immediately. Good food. Cocktails. Networking. Smart ideas.

A Personal Invitation from Mike Vorster


On the Docket


  • Owning and operating costs
  • Equipment cost management
  • Economic life, tools and techniques
  • The repair, rebuild, replace decision
  • Measuring reliability
  • Strategic maintenance decisions
  • Equipment and the financials

Early Bird Fee: $1,999
(After June 15: $2,199)


Fee includes tuition, materials, and meals. Lodging is separate. Please contact the hotel directly to make room arrangements.

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Schedule


Tuesday, July 16

1 pm - 2:30 pm
Management topics

What are the management challenges and how do you organize the company to manage its equipment assets?

3 pm - 4 pm
Owning and Operating costs

How do you define them? How do you use the similarities and differences to manage cost?

4 pm - 5 pm
Owning costs

What are the key characteristics of owning costs? How do they change over the life of the machine?

5 pm - 6 pm
Cocktails
6 pm - 8 pm
Dinner and round table discussion

Wednesday, July 17

7 am - 8 am
Breakfast
8 am - 10 am
Operating costs

What are the key characteristics of operating costs? How do they change over the life of the machine?

10:30 am - 12 noon
The rate and cost management

How do you use your knowledge of cost to analyze variances in the equipment account?

12 noon - 1 pm
Lunch
1 pm - 2:30 pm
Economic life, tools and techniques

How do owning and operating costs combine in the economic life calculation?

2:45 pm - 3:45 pm
The R.R.R. decision

The repair, rebuild, replace decision is extraordinarily complex. What are the guidelines? How is it quantified?

4 pm - 5 pm
Reliability

How is it defined? How is it measured?
What role does reliability play in decision-making?

5 pm - 6 pm
Cocktails
6 pm - 8 pm
Dinner and round table discussion

Thursday, July 18

7 am - 8 am
Breakfast
8 am - 9:15 am
Strategic maintenance decisions

It is a changed world. Cleanliness and fluids management hold the key. There is money to be made.

9:45 am - 10:45 am
Equipment and the financials

Understand the financials: how are they impacted by equipment transactions?

11 am - 12 noon
The fundamentals

What are the fundamentals? How are we going to implement the material we have covered? What are the basics?

It truly is 35 seats maximum. Reserve yours now.


Register Now