PEMAC joins Northern Lakes College’s MMP Capstone graduating class
PEMAC Asset Management Association of Canada’s Cindy Snedden, Nicolle Guillen and Mbo Mtetwa joined Northern Lakes College’s Maintenance Management Professional (MMP) Capstone Instructors Susan Lubell and Martha Meyers, for a series of MMP Capstone presentations, celebrating the college’s largest graduating class of the MMP program.
Over a series of online presentation events, 50 MMP Module 8 participants showcased their final capstone projects which demonstrated how leveraging the key learnings from the seven modules of the MMP education program can lead to operational excellence and business success, in the form of tangible improvements to business and operational practices.
Capstone projects included examples of process improvements, interoperability of existing systems, introduction of training and onboarding programs, maintenance work management optimization plans, a variety of asset replacements, material management restructure, and so many more.
Each project focused on different business drivers relating to the participants’ respective organizations. “All of the projects were financially justified and successfully applied the key objectives related to talent, reliability, project and work management principles, while incorporating digital technology principles.”
The combined financial and cost/benefit analysis justifications for all of the projects exceeded over $75 million in annual improvements related to such factors as increased revenue and operational capacity, decreased downtime and operational costs, increased economic life of assets and improved talent performance. Some projects highlighted safety, and proposed improvements that would decrease risks and improve overall safety at their organization.