Basic Asset Management. The management of physical assets like chemical plants, power distribution networks, rolling stock, offshore platforms, roads, waterways, buildings, etc. is critical to the economy of many countries.
How we manage physical determines the efficiency of companies and how competitive we are in the world market. Much money is spent annually on maintaining and developing the asset base and providing services to improve asset management has in itself become a significant competitive market internationally.
Asset Management has been increasingly recognized as the key to improved investment decision making across all sectors, from Oil & Gas, Defence, Aerospace, Manufacturing, Public Transport and Electricity and Water Production & Distribution. Regulators require to develop and present strategic Asset Management Plans aligned with the corporate strategy.
The implementation of ‘good Asset Management practice’ will contribute in realizing the corporate strategy and it becomes more and more important to prove this by showing results.
Basic Asset Management seminar will highlight:
The Basic Principles of Asset Management
ISO 55000, the International Standard on Asset Management
The Implementation of ‘Good Asset Management Practice’
How to realize higher performance at a lower cost within compliance
Assessing the current state of your Asset Management process and determine the gaps
How to draw up an Asset Management implementation plan
Gain greater skills, confidence, and professional recognition.
Asset Management can reduce maintenance costs, increase the economic life of capital equipment, reduce company liability, increase the reliability of systems and components, and reduce the number of repairs to systems and components. When properly executed, it can have a significant impact on an organization’s bottom line.
This course designed to provide the Asset Management professional with the most current and up-to-date training information related to the area of Asset Management.
This program is designed to advance IAM courses objectives.
You might be interested in another Asset Management programs as a next step.
YOU WILL LEARN HOW TO
By attending the participants’ will:
Gain understanding and practical insight of ‘good Asset Management practice.’
Improve their level of personal knowledge
Work more efficiently by focusing on the processes and activities that contribute to the corporate goals of the organization
Add value for themselves
Be able to plan and develop a future career
IMPORTANT COURSE INFORMATION
Training is recognized by the IAM – Institute of Asset Management as an approved provider of continuing education and training aligned with crucial subject areas related to asset management.
Participants who fully attend this course and complete the test on the last day will receive a Strategic Axis Professional Certificate (SAPC). SAPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.
COURSE OUTLINE
Introduction to the Subject
Asset Management as a business process
The Asset Management Landscape Model (Conceptual Framework)
Strategy Aspects
Line of Sight
Asset Management Policy, Asset Management Strategy
Goal Setting
(Strategic) Asset Management Plan (SAMP)
Feedback & Improvement
Asset Management Roles – about roles, expectations, and responsibilities
ISO 550000 – the International Standard on Asset Management
Certification Procedure
Introduction to the Subject
Asset Management as a business process
The Asset Management Landscape Model (Conceptual Framework)
Strategy Aspects
Line of Sight
Asset Management Policy, Asset Management Strategy
Goal Setting
(Strategic) Asset Management Plan (SAMP)
Feedback & Improvement
Asset Management Roles – about roles, expectations, and responsibilities
ISO 550000 – the International Standard on Asset Management
Certification Procedure
Module 2: Good Asset Management Practice – Risk Management
Identifying Risk
Significance of Risk
Risk Management on Business Level
Stakeholder Management
Risk-Based Maintenance (RBM) for Assets
Smart Maintenance 2.0
Module 3: Good Asset Management Practice – Sourcing & Outsourcing
Sourcing & Outsourcing – who does what and why?
Procurement Aspects
Defining Level of Service
Identifying the Right Key Performance Indicators – leading & lagging indicators
How to Measure the Contractor Performance
Vendor Management
Module 4: Good Asset & Facilities Management Practice – Life Cycle Management
Life Cycle Management for Assets
Demand Forecasting
Systems Engineering
RAMS
Condition Assessment and Monitoring
Information & Configuration Management
Life Cycle Costing (LCC)
Module 5: Assessment – Gap Analysis & Implementation Aspects
Asset Management assessment – assessment tools
Asset Management Teams
Changing the Behaviour of People
Implementation of Asset Management
