• Managers
• Coordinators
• Supervisors
• Superintendents
• Reliability engineers
• Planners
• Anyone keen to learn about Asset Management in 21st century.

• 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
• Using information to write the essential reports needed to optimize shutdowns, maintenance strategies, investment decisions and selection of external service providers
• Self-reviewing the organisation with performance measures and internal audits to continually tune the management of assets by an integrated team of operations, maintenance, supply, projects and others
• Relate the detail of ISO 55000 standards, PAS 55 and other local standards (e.g. government and enterprise asset management documentation) to delivering work related to assets;
• Build an asset management plan which utilises condition data, reliability information, operational feedback and risk assessments to optimise capital investment and maintenance optimisation;
• Improve the specification of roles of teams and confirm their areas of responsibilities; 
• Review the use of asset information and the systems managing this information so that practical improvements can be made to both system and its utilisation;
• Set out a systematic specification of the life cycle processes for proposing and commissioning new assets, operations and maintenance, and the renewal of deteriorated assets to allow a self-review of gaps in the organisation’s approach; and 
• Specify an internal audit and performance measurement approach that will allow internal teams to identify and then focus on efficiency and productivity improvements

• Review with other stakeholders how their team is working with each other and where there are gaps in the asset management approach;
• Seek out and obtain measurements used by their company (if any) which measures how well their operational targets are being met;
• Understand whether major capital projects have delivered their intended outcomes;
• Appreciate how far out the budget forecast is set or is it reactive to just the next year’s immediate requirements; and
• Consider whether the extensive literature now current on asset management (particularly with ISO 55000 now ratified) is relevant to their job.

To explain and set in context with each other the various elements which make up an asset management approach which will cover how an organisation commissions new assets for its operations, then operates and maintains them for clear business objectives, and finally disposes or changes out assets no longer delivering their required capability. Because many functions, impacting a range of different stakeholders, all must work seamlessly with each other, achieving a good standard of asset management can be challenging.

An organisation which implements and then sustainably delivers good asset management has several defining features which make it stand out:

• The leadership team have a clear view of what good asset management will look like for their business and how it will enable their organisation to best achieve its strategic goals.
• The objectives for the organisation’s approach to asset management are well defined and clearly communicated to all stakeholders
• Plans and processes are in place for the life cycle management of the assets, from their creation through operations and maintenance to their disposal. These plans are well informed, based in facts, prioritised for risk and enabled to be delivered by competent resources
• The organisation has a culture of leadership, knowledge and communication which embraces all stakeholders, employee and contractor alike
• A mature and effective measurement system is in place with appropriate reporting to all stake holders to enable their decision making and provide clear feedback where continuous improvement can be targeted.