Fundamentals of Asset Management
Details :
The asset management of physical assets like chemical plants, power
distribution networks, rolling stock, offshore platforms, roads, waterways,
buildings, etc. is critical to the economy of many countries. How we manage physical
determines the efficiency of companies and how competitive we are in the world
market. Much money is spent annually on maintaining and developing the asset
base and providing services to improve asset management has in itself become a
major competitive market internationally.
This training course aims to support the drive to improve management
practices by presenting standards, methodologies and guidance, and how to set
up good asset management. The course shows the delegate how the international standards
on Asset Management, the Publicly Available Specification PAS 55 and the ISO
55000, can be used to implement the best practices in order to realize higher
performance at lower costs within compliance.
- To provide a
step-by-step guide to Asset Management best practices (as part of PAS 55
and ISO 55000), starting with foundations and building up to best
practices that will deliver maximum business benefits
- To provide
appreciation of PAS 55 and ISO 55000
- To instruct Asset
Management optimization best practice methodologies and technologies
- To provide
opportunities to discuss and learn the practical application of these best
practices, through case studies and exercises
- To provide insight
in the current state of Asset Management best practices within the
delegates company
The training course will benefit all professionals involved in managing
or participating in asset management processes, including all staff in Asset
Department, IT Department, Operation Department and Finance Department.
DAY 1
Introduction to Asset Management & Strategy Framework
- Introduction to
program
- Introduction
delegates
- Pre-test
- Asset &
maintenance management as a business process
- Asset management
process model – The Asset Management System
- Strategy framework
- Line of sight
- Asset management
policy, asset strategy, asset management strategy
- Asset management
objectives (goal setting)
- Asset management
plan
- Feedback &
improvement
DAY 2
Asset Management Roles + Standards on Asset Management (PAS 55 + ISO 55000)
•Introduction
•Asset Management roles
•Sourcing & Outsourcing
•Stakeholder Management
•BSI-PAS 55:2008 - a proven standard for Asset Management
•ISO 550000 – the new international standard on Asset Management
•Certification procedure
DAY 3
Good Asset Management Practice – Part 1
•Introduction
•Demand forecasting
•Level of service and performance measures
•Defining the right key performance indicators
•Capacity or utilization monitoring
•Condition assessment and monitoring
•Information & configuration management
•Vendor management & past performance
•Asset procurement
DAY 4
Good Asset Management Practice – Part 2
•Introduction
•Risk management
•Risk Based Maintenance concepts (RBM)
•Life Cycle Costing (LCC)
DAY 5
Assessment & Implementation Aspects
•Introduction
•Asset Management assessment
•Asset Management teams
•Changing the behavior of people
•Implementation of Asset Management – case study
•Wrap-up
- All lectures are in colorful presentation
- All lectures are interspersed with interactive discussion
- All lectures include group discussion, case history and exercises
- Actual major incidents as well as industry experience are reviewed
- Participants receive a multicolor course manual
- Pictures of real incidents and case history are shown
- Videos on the subject are shown
daily 09:00 – 14:00