Continuing Education

Project Management & Obsolete Equipment

Project Management & Obsolete Equipment

Course Description

This course equips adjusters with strategies to minimize downtime, cost, and operational disruption when losses involve obsolete or legacy equipment. Participants will explore how natural and man-made perils damage aging machinery and how project management techniques can accelerate restoration and reduce business interruption.

The course addresses repair-versus-replace decision-making, lead time and parts availability challenges, and practical options for restoring processes to pre-loss condition. Real-world case studies demonstrate proven approaches to managing obsolete equipment claims efficiently and defensibly.

State Approval Status

CE credit is available in the following states:

 

  • Delaware
  • Florida
  • Georgia
  • Iowa
  • Indiana
  • North Carolina
  • New Hampshire
  • Minnesota
  • Mississippi
  • Oklahoma
  • Texas
  • Wyoming

What You Will Learn:

  • Common causes of loss affecting obsolete and legacy equipment in commercial and industrial settings.
  • Key factors in repair-versus-replace decisions, including lead times, parts availability, and reverse engineering costs.
  • Project management techniques to control downtime, costs, and stakeholder expectations.
  • How to evaluate true loss costs, including business interruption and warranty considerations.
  • Practical lessons from real-world obsolete equipment loss case studies and restoration strategies.

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