This training provides an overview of the evolution of Asset Management through time from “Ad-Hoc” Maintenance through to addressing leading practice around how assets are managed in the modern world. This covers how the Asset Management System and an “Asset-Centric” approach guides the performance of Maintenance Management and Reliability Engineering, including elements such as Systems Engineering and Configuration Management, as well as integrating with the Financial Aspects of the business through creating a platform for ‘Informed Asset Decision Making’. It provides guidance and direction relating to challenges faced in the modern world relating to asset ownership, operation, and how assets support the business performance.

• Promotes alignment of Asset Management practices with Corporate Vision, Mission and Objectives.

• More efficient service delivery processes through creating an understanding of leading contemporary international Asset Management practice.

• The concept of maximizing the Capital Intensity – Operational Performance balance and taking a total cost of asset ownership approach to the asset lifecycle contribution to the business.

• Concepts protocols and practice in formulating and applying leading practice team leadership based on innovation, loyalty and high performance

• Helping to make the most of the AM enablers such as people, data, systems, tools, and processes Asset Management is defined in the International Infrastructure Management Manual (IIMM 2020) as the: ‘Systematic and coordinated activities and practices of an organisation to optimally and sustainably deliver on its objectives through cost effective lifecycle management of assets’. However, in practice integrating good asset management practice remains a challenge for many organisations.

• Maintenance Managers

• Maintenance Superintendents

• Maintenance Planners

• Reliability Managers

• Reliability Engineers

• Industrial Engineers

• Maintenance Consultants

• Pre-course learning consists of short study to prepare the candidate for the training.

• Series of instructional presentation, videos and exercises are a part of Classroom immersion.

• Daily quiz is implemented to corroborate the learning journey.

• Participants have to complete the pre-course test before entering the classroom. This is to validate their pre-course learning.

• Participants have to complete post course test as well which is essential to validate their learning journey during the classroom immersion.