Petroknowledge

An Interactive 5 - Day Online Training Course

Fundamentals of Asset Management

Asset Management Processes and ISO 55001 Implementation Guidance

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Code Date Time Fee($)
OL243 22 - 26 Aug 2021 11:00 to 16:00 Dubai [GMT +4] 2,350

*All fees are exclusive of VAT


Why Choose this Online Training Course?

The management of physical assets is critical to the economy of many countries. How we manage assets 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 Management has been increasingly recognized as the key to improved investment decision making across all sectors, from Oil & Gas, Defence, Aerospace, Manufacturing, Public Transport and Electricity and Water Production & Distribution. Regulators require to develop and present strategic Asset Management Plans aligned with the corporate strategy. The implementation of ‘Good Asset Management Practice’ will contribute in realizing the corporate strategy and it becomes more and more important to prove this by showing results.

This PetroKnowledge online training seminar will highlight:


Training Objectives

What are the Goals?

At the end of this online training seminar, you will learn to:

  • Explain what Asset Management is and how it can contribute to the realization of the corporate strategy of your organization
  • Understand the content and value of ISO 55000, the international standard on Asset Management
  • Apply ‘Good Asset Management Practice’, starting with foundations and building up to best practices that will deliver maximum business benefits
  • Assess the current state of Asset Management best practices

Target Audience

Who is this Online Training Course for?  

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 Management and Facilities Management processes, including all staff in the Asset Management & Maintenance department, Facilities Management, Building Maintenance, IT, Operations and Finance
  • Anyone who wishes to update themselves on Asset Management and how to implement it for the benefit of their organizations

Training Methods

How will this Online Training Course be Presented?

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

How will this Training Course be Presented?

The organization will:

  • Understand how Asset 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 Management
  • Be able to implement the basic Asset Management methodologies and technologies
  • Understand how to assess the current status of the Asset Management processes

Personal Impact

What will I Gain upon Attending this Course?

By attending the participants will:

  • Gain understanding and practical insight of ‘Good Asset 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

Daily Agenda

Day 1: Principals of Asset Management

  • Asset Management as a Business Process
  • Asset Management Scope & Definitions
  • Asset Management Conceptual Model
  • Asset Management Strategy & Planning
  • Asset Management Roles - about roles, expectations and responsibilities
  • ISO 550000 – The International Standard on Asset Management
  • Certification Procedure

Day 2: Assessing & Managing Asset Management Risks

  • Identification and Assessment of Risk
  • Risk in Asset Management
  • Significance of Risk
  • Risk on Business Level
  • Stakeholder Risks
  • Risk on Asset Level

Day 3: Asset Management Policy, Strategy and Planning

  • Asset Management Policy
  • Developing (Strategic) Asset Management Plan(s)
  • Implementing (Strategic) Asset Management Plan(s)
  • Long Term Maintenance & Investment Planning
  • Information and Configuration Management

Day 4: Managing Asset Lifecycle Decisions & Activities

  • Life Cycle of Assets and its Aspect
  • Systems Engineering
  • RAMS Aspects (Reliability Availability Maintainability Safety)
  • Renewal, Disposal and Lifetime Extension
  • Sourcing & Outsourcing

Day 5: Financial & Business Impact of Asset Management

  • Financial Management – Basics
  • Budgeting
  • Life Cycle Costing
  • The Business Case for Asset Management
  • Wrap-up

Awarded Certificate

  • On successful completion of this online training course, PetroKnowledge E-Certificate will be awarded to the delegates

In Association With

GLOMACS

GLOMACS

Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients

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PetroKnowledge Training


Fundamentals of Asset Management
Asset Management Processes and ISO 55001 Implementation Guidance


Code Date Venue Fees
OL243 22 - 26 Aug 2021 N/A $2,350



Why Choose this Online Training Course?

The management of physical assets is critical to the economy of many countries. How we manage assets 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 Management has been increasingly recognized as the key to improved investment decision making across all sectors, from Oil & Gas, Defence, Aerospace, Manufacturing, Public Transport and Electricity and Water Production & Distribution. Regulators require to develop and present strategic Asset Management Plans aligned with the corporate strategy. The implementation of ‘Good Asset Management Practice’ will contribute in realizing the corporate strategy and it becomes more and more important to prove this by showing results.

This PetroKnowledge online training seminar will highlight:


Training Objectives

What are the Goals?

At the end of this online training seminar, you will learn to:

Target Audience

Who is this Online Training Course for?  

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

Training Methods

How will this Online Training Course be Presented?

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

How will this Training Course be Presented?

The organization will:

Personal Impact

What will I Gain upon Attending this Course?

By attending the participants will:

Daily Agenda

Day 1: Principals of Asset Management

Day 2: Assessing & Managing Asset Management Risks

Day 3: Asset Management Policy, Strategy and Planning

Day 4: Managing Asset Lifecycle Decisions & Activities

Day 5: Financial & Business Impact of Asset Management

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© 2021. Material published by Petroknowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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