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NIFES Consulting Group - specialising in energy, engineering and property appraisal.
NIFES Consulting Group - specialising in energy, engineering and property appraisal.


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TRAINING COURSES

Title: Monitoring and Targeting Theory and Practice


Introduction

Monitoring and targeting is central to any effective programme of energy management. On one hand it provides warnings about unexpected excess consumption; on the other, it can give an objective estimate of savings achieved (by whatever means). This course is suitable for those who want to implement an M&T scheme or make an existing scheme more effective. It is intended for "energy managers" in the widest sense, including professionals such as works managers, facilities managers, plant engineers, and works engineers who fulfil that role part-time. It covers energy use in processes and buildings (at single or multiple sites), and has applications in the management of water and other consumables and utilities.

     

 

Class size will be limited to eight, and the atmosphere informal, with questions and discussion throughout.


Objectives

At the end of the class, you will know how to

  • Detect exceptions by routine monitoring
  • Prioritise them by excess cost
  • Account properly for the weather, production activity levels, and other quantifiable influences
  • Reveal inefficiency and waste through analysis of past behaviour
  • Focus energy surveys where there will be most benefit
  • Verify and quantify the benefit of energy-saving initiatives and projects
  • Forecast annual budgets accurately from just a few weeks' data
  • Track budgets more effectively right through the year
  • Benefit from enhanced benchmarking opportunities

You will be able to use the knowledge directly to improve your own "home-made" M&T schemes or to specify the features required from M&T software suppliers. Handouts include an Excel workbook containing specimen macros, special functions and sample charts, plus recent weekly heating and cooling degree-day data.


Core content

Detecting avoidable waste

  • Deluged in data? Summarise, filter and focus
  • Quantifying and prioritising exceptions
  • Action, not analysis

Target-setting methods

  • Weaknesses of traditional methods
  • Activity-based targeting: the powerful alternative
  • Setting tough but achievable targets
  • Accounting for the weather
  • Multiple influences and complex scenarios

The power of cusum charting

  • Pinpointing adverse changes
  • Validating a target
  • Proving savings
  • Quantifying the impact of past avoidable waste

Spreadsheet tricks and tips

  • M&T-friendly data layouts
  • Regression analysis
  • False-colour raster plots for visualising fine-grained data
  • "Traffic-light" displays

All techniques will be demonstrated through worked examples and practical exercises, and spreadsheet examples are included as Excel files to keep.


Prerequisites

Basic familiarity with Microsoft Excel will be useful but is not essential. Although the course includes a small amount of basic mathematics.


Typical feedback from past delegates

"Thank you for that excellent course; I thought it was very informative" Daniel Williams, Swindon

"I attended thinking I understood the world of M & T, and learned far more than I ever expected"

"...aimed at a very useful and practical level"

"Friendly, understandable seminar"

"I found it amazing what could be produced/extracted from
such basic [energy and weather] information"


Timetable

The course commences at 11:00 am and finishes at 4:00 pm with the opportunity for individual advice thereafter. Refreshments and lunch will be provided.


Fees

The fee for the class is £250 plus VAT

Orders should be sent to

Training Division
NIFES Consulting Group
Spinney Hill
Landmere Lane
Ruddington
Nottingham NG11 6LN

Enquiries can be addressed to Director of People Solutions John Mulholland
email training@nifes.co.uk or call 0161 928 5791.

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NIFES Consulting Group - specialising in energy, engineering and property appraisal.