Introduction

The Asset & Facilities Management of physical assets like power plants, power distribution networks, utility plants, roads, piping, buildings, housing etc. is critical for the continuity of organizations. In the end, the way we manage our physical assets & facilities 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.

Asset & Facilities Management has been increasingly recognized as the key to improved investment decision making across all sectors, from Oil & Gas, Aerospace, Manufacturing, Public Transport and Electricity and Water Production & Distribution. Many of them are required by regulators to draw up and present asset management plans. This online training course aims to support this drive to improve management practices by presenting standards, methodologies and guidance how to set up good Asset & Facilities Management.

This online training course will highlight:

The basic principles of Asset & Facilities Management
International standard ISO 55000
The implementation of good Asset & Facilities Management practice
How to realize higher performance at lower cost within compliance
Several ways of assessing the current state of your Asset & Facilities Management process
How to draw up an Asset & Facilities Management implementation plan

Objectives

At the end of this online training course, you are able to:

Explain what Asset & Facilities Management is and how it can contribute to the realization of the corporate strategy of your organization
Understand the content and value of the international standard on Asset Management ISO 55000
Apply good Asset & Facilities Management practice, starting with foundations and building up to best practices that will deliver maximum business benefits
Assess the current state of Asset & Facilities Management best practices
Set up an implementation plan for Asset & Facilities Management

Training Methodology

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

Organisational Impact

The organization will:

Understand how Asset & Facilities Management can contribute to realization of the corporate strategy
Understand the background, application and benefits of ISO 55000
Understand the most important key performance areas and related activities and methodologies of Asset & Facilities Management
Be able to implement the basic Asset & Facilities Management methodologies and technologies
Have insight in the current status of the Asset & Facilities Management processes

Personal Impact

By attending this online training course, the participants will:

Gain understanding and practical insight of good Asset & Facilities Management practice
Improve their level of personal knowledge
Work more effectively by focusing on the processes and activities that really contribute to the corporate goals of the organization
Add value for themselves
Be able to plan and develop a future career

Who Should Attend?

This online training course is suitable to a wide range of professionals, but will greatly benefit:

All professionals involved in managing or participating in Asset & Facilities Management processes, incl. all staff in the Asset Management & Maintenance department, Facilities Management, Building Maintenance, IT, Operations and Finance
Anyone who wishes to update themselves on Asset & Facilities Management and how to implement it for the benefit of their organizations

DAY 1

Introduction to Asset & Facilities Management

Introduction to the subject
Asset & Facilities Management as a business process
Asset Management Landscape Model
Strategy framework
- Line of Sight
- Asset & Facilities Management policy, Asset & Facilities Management strategy
- Goal setting
- (Strategic) Asset & Facilities Management Plan
- Feedback & improvement
Asset Management roles – about roles, expectations and responsibilities
ISO 550000 – the international standard on Asset Management
Certification procedure

DAY 2

Good Asset & Facilities Management practice – part 1

Identifying risk
Significance of risk
Risk management on business level
Stakeholder management
Risk Based Maintenance (RBM) for assets & facilities

DAY 3

Good Asset & Facilities Management practice – part 2

Sourcing & outsourcing – who does what and why?
Procurement aspects
Defining level of service
Defining the right Key Performance Indicators
How to measure the contractor performance
Vendor management

DAY 4

Good Asset & Facilities Management practice – part 3

Life cycle management for assets & facilities
- Demand forecasting
- Systems Engineering
- RAMS
Condition assessment and monitoring
Information & configuration management
Life Cycle Costing (LCC)

DAY 5

Assessment & Implementation aspects

Asset Management assessment – assessment tools
Asset Management teams
Changing the behaviour of people
Implementation of Asset Management