Principles of Asset Management

Course Description

Public and private organisations invest vast sums of money in assets. These might be infrastructure, utilities, buildings and machinery in sectors such as oil, gas, chemical, utilities, engineering, transport and manufacturing. Averest Training Principles of Asset Management course discusses the core concepts and the practical experiences in a highly interactive manner. This course is suitable for those with some experience of physical asset management; they may have some specific maintenance experience, but little knowledge of the wider context, such as business strategy, risk management, life cycle costing etc.

What Do Participants Learn?

• Help delegates understand the fundamental principles underpinning Asset Management
• Illustrate Asset Management Policy & Strategy and show how it is developed
• Help delegates understand asset life cycle management
• Show the factors influencing an asset’s total life-cycle costs
• Help delegates understand the information requirements related to the life cycle of an asset
• Demonstrate the relationship between asset management and risk management
• Illustrate the way Asset Management is assessed

Who Should Attend?

Delegates who need to understand the relationship between asset management and risk management in a strategic framework, such as:

• Engineering Manager
• Engineering Supervisor
• Planner/Scheduler
• Reliability Engineer

What Will the Learning Experience Include?

Phase: 1

Introduce

• Comprehensive pre-program activities include:
• Web-based information forms & surveys completed by attendee.
• Direct consultation with the attendee about the expectations.

• During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
• Participants learn from expert trainers who have both academic and business experiences.
• Highly applicable training content & instructive activities for adding depth to training topics.
• **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.

Phase: 2

Explore & Practice

Phase: 3

Apply

• Apply & sustain the learning experience by using this ongoing support:
• To ensure participant has new skills or behavior progress.
• Optional, fee-based mentoring & coaching with the trainer.
• Training materials & additional documents (e-books, pdf files, presentations and articles)

• Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
• Participant's Evaluation
• Trainer's Evaluation

Phase: 4

EVALUATE