This training provides an overview of the evolution of Asset Management through time and how Maintenance Management, Reliability Engineering and Asset Management relate to each other, going on to the difference between “Asset Management”, and “Managing Assets”. It aims to provide guidance and direction relating to challenges faced in the modern world relating to asset ownership and asset operation and introduces leading international institutes recommended applied practice. It introduces concepts of a whole of lifecycle focus, across all lifecycle phases and asset types going on to stimulate an approach validating the drivers, and leading international asset management guidance, towards generating favourable outcomes. An introduction to Risk Based Asset Management will also be included.

• The importance of aligning Asset Management practice with Corporate Vision, Mission and Objectives

• How alignment of Asset Management practice with Corporate Vision, Mission and Objectives is achieved.

• Leading contemporary international Asset Management practice and how this drives more effective and efficient service delivery processes.

• The necessity for maximising asset performance in meeting business imperatives.

• The ISO5500# suite of Asset Management System standards.

• Asset Managers

• Asset Operations Managers

• Asset Planning Managers

• Maintenance Managers

• Maintenance Superintendents

• Maintenance Planners

• Cost Controllers

• Cost Estimation Managers

• Cost Accountants

• Management Accountants

• Pre-course learning consists of short study to prepare the candidate for the training.

• Series of instructional presentation, videos and exercises are a part of Classroom immersion.

• Daily quiz is implemented to corroborate the learning journey.

• Participants have to complete the pre-course test before entering the classroom. This is to validate their pre-course learning.

• Participants have to complete post course test as well which is essential to validate their learning journey during the classroom immersion.