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Course Description

This course is a comprehensive program designed to provide professionals with the knowledge and skills required to effectively assess and manage assets within an organization. This course covers essential aspects of asset management, including foundational principles, lifecycle management, risk and financial management, and continuous improvement strategies.

Participants will gain a thorough understanding of asset management frameworks such as ISO 55000, learn how to develop and implement effective asset management policies, and master techniques for monitoring and improving asset performance. The course emphasizes practical application through case studies, group exercises, and real-world scenarios to enhance participants' ability to apply concepts effectively.

Course Objectives

Upon the successful completion of this course, each participant will be able to:​

  • ​Understand the fundamental principles and frameworks of asset management, including the ISO 55000 series.
  • Develop and implement effective asset management policies and strategies aligned with organizational objectives.
  • Manage the entire lifecycle of assets, including planning, acquisition, operation, maintenance, and performance monitoring.
  • Identify and mitigate risks associated with asset management and manage financial aspects such as valuation and budgeting.
  • Implement and continuously improve asset management systems, utilizing best practices and benchmarking techniques.

Who Should Attend?

This course is intended for professionals involved in asset management and it is suitable for Asset Managers and Coordinators, Maintenance and Operations Managers, Financial Analysts and Controllers in asset-intensive industries, Risk Managers and Compliance Officers, Project Managers involved in asset-related projects and engineers and technical staff responsible for asset management.

Course Agenda

Registration​

Welcome & Introduction

Pre-Test

Introduction to Asset Management

  • Overview of Asset Management
  • Asset Management Frameworks and Standards
  • Asset Management Policy and Strategy

Asset Lifecycle Management

  • Asset Planning and Acquisition
  • Operation and Maintenance
  • Asset Performance Monitoring

Risk Management and Financial Aspects

  • Risk Management in Asset Management
  • Financial Management of Assets
  • Regulatory and Compliance Requirements

Implementing and Improving Asset Management

  • Implementing an Asset Management System
  • Continuous Improvement and Benchmarking
  • Case Studies and Practical Applications

Case Studies, Group Work, and Final Assessment

Post Test

End of the Course

Assessment Methodology

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Training Methodology

Facilitated by a highly qualified specialist, who has extensive knowledge and experience; this program will be conducted using extensively interactive methods, encouraging participants to share their own experiences and apply the program material to real-life work situations in order to stimulate group discussions and improve the efficiency of the subject coverage.

Percentages of the total course hour classification are:

  • ​40% Theoretical lectures, Concepts and approach
  • 20% Motivation to develop individual skill and Techniques
  • 20% Case Studies and Practical Exercises
  • 20% Topic General Discussions and interaction

Course Manual

Participants will be provided with comprehensive presentation material as reference manual. This presentation material is a compilation of core valuable information, references, presentation methods and inspiring reading which will be used as a part of the material guide.

Course Certificate

At the completion of the course, all participants who successfully accomplished the required contact hours will receive an EdTech Training Participation Certificate as a testimony to their commitment to professional development and further education.

Why Edtech ?

  • Industry Experienced; Internationally Qualified Trainers
  • Hands-on Practical Sessions & Assignments
  • Intensive Study materials
  • Flexible Schedules
  • Realistic training methodology
  • High-Quality Training in Affordable Course Fees
  • Achievement Certificate, as approved by the Ministry of Education (Abu Dhabi Center for Technical and Vocational Education Training - ACTVET), HABC, AWS, IAOSHE, SHRM, etc.