"If you don't have a competitive advantage, don't compete." - Jack Welch
MAM-101 Basic Principles and Benefits of Assets Management
Schedule and Hours
This program is offered as an introduction to Asset Management (AM) for anyone wishing to learn the fundamental principles and concepts underpinning world class Asset Management, and the benefits to be accrued from applying these within an Asset-rich organisation. Participants will obtain an understanding of the key principles of effective Asset Management in the context of the ISO Standard for Asset Management (ISO 55000). They will also obtain a better understanding of the benefits to be obtained from taking a systematic approach to Asset Management.
Participants will gain an understanding of:
Asset Management in the context of ISO 55000
Asset Management Policy and how and why it is developed
Strategic Asset Management Plans (SAMP): their development and how this impact on their roles and functions
The key elements included in Asset Management Plans, as defined by ISO 55000, including costings, contingency planning and communicating the plan
Key issues to be considered when implementing Asset Management Plans
The role of Risk Management in effective Asset Management
Asset Management Performance Measurement and Improvement
By the end of this course, delegates should (as a minimum) be able to:
Describe what asset management is and why it is important
Describe the role asset management can play in supporting organisational strategy and objectives
Describe the relationships and differences between asset management policy, strategy and plans
Describe the principles of asset whole life costing
Describe the role of Risk Management in effective Asset Management
Give examples of how Asset Management performance can be measured
Describe the main advantages of a systematic approach to Asset Management
Asset Management Concepts
The Benefits of Asset Management
Asset management Document Hierarchy
Asset Management Decision Making
The course is designed for those individuals wishing an overview of the key elements and benefits of effective Asset Management. It is also for anyone requiring an introduction to the key principles underpinning effective Asset Management.
This is a 2-days programme. This course runs from 9:00am – 5:00pm with an hour for lunch and periodic short breaks.
This is an intensive session designed to include as much discussion as possible. Lunch and breaks provide an opportunity for further questioning and discussion with the instructors.
We are HRD Corp (Human Resource Development Corporation) Registered Training Provider. All of our training modules are claimable under HRD Corp.