About
This course is designed to provide a comprehensive understanding of asset management principles and their application, with a specific focus on the ISO 55000 series of standards. Participants will gain practical knowledge and skills to optimize asset performance, minimize risks, and achieve organizational objectives.
Introduction
In today`s dynamic business environment, effective asset management is crucial for organizational success. It`s not just about maintaining equipment; it`s about making strategic decisions to maximize the value derived from physical assets throughout their entire lifecycle. The ISO 55000 series provides a globally recognized framework for establishing, implementing, maintaining, and improving an asset management system. This course will equip you with the knowledge to align your organization`s asset management practices with international best practices, leading to enhanced efficiency, reduced costs, and improved risk management.
Course Objectives
Upon completion of this course, participants will be able to:
-
Understand the fundamental concepts and benefits of asset management.
-
Familiarize themselves with the structure and requirements of the ISO 55000 series (ISO 55000, ISO 55001, ISO 55002).
-
Identify the key elements of an effective asset management system (AMS).
-
Develop strategies for optimizing asset performance and lifecycle costs.
-
Implement robust risk management strategies within asset management.
-
Understand the role of information and data management in asset management.
-
Prepare for the implementation or improvement of an ISO 55001 compliant AMS within their organization.
-
Identify the benefits of asset management certification.
Course Outline
Foundations of Asset Management
-
Introduction to Asset Management:
-
What is asset management?
-
Why is asset management important?
-
Benefits of effective asset management (financial, operational, risk, reputation).
-
Key terminology and definitions.
-
-
The Asset Lifecycle:
-
Acquisition, operation, maintenance, renewal, and disposal.
-
Understanding lifecycle costs.
-
-
Organizational Context and Leadership:
-
The role of leadership in asset management.
-
Establishing asset management policy and objectives.
-
Stakeholder engagement.
-
Understanding the ISO 55000 Series
-
Overview of ISO 55000, ISO 55001, and ISO 55002:
-
Structure and scope of each standard.
-
Relationship between the standards.
-
-
ISO 55001: Requirements for an Asset Management System:
-
Detailed review of key clauses (e.g., leadership, planning, support, operation, performance evaluation, improvement).
-
Interpreting the requirements for practical application.
-
-
Benefits of ISO 55001 Certification:
-
Enhancing credibility and demonstrating commitment.
-
Improved decision-making and performance.
-
Planning and Implementing Asset Management
-
Asset Management Planning:
-
Developing strategic asset management plans (SAMP).
-
Linking organizational objectives to asset management objectives.
-
Defining asset management objectives and targets.
-
-
Risk Management in Asset Management:
-
Identifying and assessing asset-related risks (operational, financial, safety, environmental).
-
Developing risk mitigation strategies.
-
-
Resource Management:
-
Competence, awareness, and communication.
-
Information requirements and documentation.
-
Operation and Performance Evaluation
-
Operational Control and Maintenance Strategies:
-
Planned vs. unplanned maintenance.
-
Preventive, predictive, and reliability-centered maintenance (RCM).
-
Outsourcing and contractor management.
-
-
Performance Evaluation:
-
Monitoring, measurement, analysis, and evaluation of AMS performance.
-
Internal audits and management reviews.
-
Key performance indicators (KPIs) for asset management.
-
-
Information and Data Management:
-
The importance of reliable asset data.
-
Asset information systems (AIS) and their role.
-
Improvement and Future Trends
-
Continual Improvement:
-
Nonconformity and corrective actions.
-
Applying the Plan-Do-Check-Act (PDCA) cycle to asset management.
-
-
Asset Management Maturity Models:
-
Assessing current asset management capabilities.
-
Developing a roadmap for improvement.
-
-
Emerging Trends in Asset Management:
-
Digitalization, IoT, AI, and predictive analytics.
-
Sustainability and circular economy principles in asset management.
-
-
Case Studies and Practical Exercises:
-
Applying course concepts to real-world scenarios.
-
Group discussions and problem-solving.
-
Training Methodology
Pathways Training and consulting adopts the newest techniques of human resources Training and consulting and, with the following:
- Theoretical lectures are delivered via PowerPoint and visual displays (videos and short films)
- Making scientific evaluation to the trainee (before and after)
- Brainstorming and role-playing
- Using case studies related to the scientific material being delivered and the trainees' work.
- The participants get the scientific and practical material printed and on CDs and Flash memories.
- Preparing records and reports of the participants' attendance and results, with a general evaluation of the training program.
- A group of the best trainers and experts in all fields and specialties professionally prepares the scientific material.
- After finishing the course, the participants get certificates of attendance signed, certified, and issued by pathways Training and consulting.
- Our training programs start at 9:00 o'clock in the morning and end at 2:00 in the afternoon, with snack buffet during the lectures.
- Providing a lunch buffet during the training program period, with organizing a lunch party on the training program final day for taking some photos and certificate awarding.
