Fundamentals of Asset Management Training

Course Info

Date: Dec-02-2024

Length: 1 Week

City: Singapore

Fees: 4,590

Type: In Classroom

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Available Dates

  • Dec-30-2024

    Singapore

  • Feb-03-2025

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    Paris

  • Dec-08-2025

    London

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    Amsterdam

  • Dec-15-2025

    Barcelona

  • Dec-15-2025

    Dubai

  • Dec-22-2025

    Istanbul

  • Dec-29-2025

    Paris

  • Dec-29-2025

    Kuala Lumpur

Course Details

Course Outline

5 days course

 

 

Principals of Asset Management

 

  • Asset Management as a Business Process
  • Asset Management Scope & Definitions
  • Asset Management Conceptual Model
  • Asset Management Strategy & Planning
  • Asset Management Roles - about roles, expectations and responsibilities
  • ISO 550000 – The International Standard on Asset Management
  • Certification Procedure

 

Assessing & Managing Asset Management Risks
 
  • Identification and Assessment of Risk
  • Risk in Asset Management
  • Significance of Risk
  • Risk on Business Level
  • Stakeholder Risks
  • Risk on Asset Level

 

Asset Management Policy, Strategy and Planning

 

  • Asset Management Policy
  • Developing (Strategic) Asset Management Plan(s)
  • Implementing (Strategic) Asset Management Plan(s)
  • Long Term Maintenance & Investment Planning
  • Information and Configuration Management

 

Managing Asset Lifecycle Decisions & Activities

 

  • Life Cycle of Assets and its Aspect
  • Systems Engineering
  • RAMS Aspects (Reliability Availability Maintainability Safety)
  • Renewal, Disposal and Lifetime Extension
  • Sourcing & Outsourcing

 

Financial & Business Impact of Asset Management
 
  • Financial Management – Basics
  • Budgeting
  • Life Cycle Costing
  • The Business Case for Asset Management
  • Wrap-up

Course Video