Asset Management Fundamentals

This short course describes how an effective asset management system allows an organisation to best utilise its physical asset portfolio to achieve its business objectives. It describes expectations that the organisation’s teams must meet including risk-prioritised planning, quality management of asset life cycle process and requirements for continual improvement.

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Course Outline

1 Days

5 Core Modules

Overview of Asset Management

  • Why Asset Management has Become Globally Important
  • The Asset Management System and its Elements
  • ISO 55000 Standards and Improving Asset Management
  • Global Guidance on Asset Management Practices

Understanding Strategic Asset Management

  • Purpose of Asset Management Policy and Strategic Asset Management Plan (SAMP)
  • Investment in Managing Assets to meet Corporate Objectives
  • Risk Management in Asset Planning
  • Quality Assurance and Delivery of Work

Expectations of Asset Management Teams

  • Delivery of Asset Management Process by Teams
  • Measuring Performance
  • Assessing the Health of the Asset Management System
  • Modern Challenges for the Asset Management Teams

Summary

  • Principles for Leading Asset Management
  • Monitoring Asset Management Performance
  • Other Information Resources
  • Understand the policy and strategy framework which is appropriate for the organisation’s operations, budget and culture
  • Learn how to optimise forward budgets for capital, maintenance and engineering undertakings to optimise current asset performance
  • Understand the interfaces between different organisations within a company, and what happens when a key function is missing or not performing well

What you'll take away

Snapshot

Overview of Asset Management

Understanding Strategic Asset Management

Expectations of Asset Management Teams

Principles for Leading Asset Management

Monitoring Asset Management Performance

Need more info?

Get in touch with our team

Your Instructors

Mike Greyling

Mike Greyling

Adjunct Principal

Covaris

Seasoned asset management leader with 35+ years in aviation, smelting, mining. Proven excellence in maintenance, reliability, risk management, stakeholder engagement, Six Sigma expertise, SAP leadership.

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Peter Durrant

Peter Durrant

Adjunct Principal

Covaris

Navy veteran, diverse maintenance career. Senior roles in Navy, mining, and resources. Maintenance consultant. Expert in work management, sustainable change. Dip Eng & MBA Tech Mgmt.

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Kylie Nash

Kylie Nash

Principal Engineer

Provecta Process Automation

30+ years engineer in electricity generation. AGL Macquarie veteran - asset management, reliability, team leadership. Skilled in problem-solving, change projects. BEng & MBA Tech Mgmt.

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Brian Ropitini

Brian Ropitini

Director

Ara Ake, New Zealand

Accomplished facilitator, coach & mentor. Fitter & turner turned senior leader. Led multi-million-ton methanol plants & global teams at Methanex. Exceptional communicator & visionary.

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Chris Cunningham

Chris Cunningham

Principal

Covaris

Leading asset management specialist with 20+ years experience. Diverse industries: power, nuclear, mining, defense & more. Globally renowned in change & risk management, optimized asset performance.

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Asset Management Fundamentals

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Private Courses

Whether you have 15 or 1500 people to train, our schools can be offered at a time and location most convenient for your company.

Your Learning

Pathway

Asset Schools training courses can be completed individually at any time, but have you considered planning a Learning Pathway? For example:

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Our Clients

Asset Schools give peace of mind that the investment in our Maintenance and Reliability professionals will provide a great return to both them and the business.

Gwyn Garland

Senior Manager

Asset Health Newmont

Asset Management School is a great investment for experienced Maintenance Practitioners who want to fine tune their skills, or for new entrants to use it as a sound starting base to the industry.

Roh Perera

Underground Planning Supervisor

Macmahon

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