Asset Management

An Intensive 5-day Training Course

Asset Management

Asset Management Processes and ISO 55001 Implementation Guidance

Asset Management

Scheduled Dates

Classroom

17 - 21 Jun 2024 Dubai - UAE $5,950 RESERVE A SEAT
23 - 27 Sep 2024 Barcelona - Spain $5,950 RESERVE A SEAT
14 - 18 Oct 2024 Dubai - UAE $5,950 RESERVE A SEAT
28 Oct - 01 Nov 2024 Al Ain - UAE $5,950 RESERVE A SEAT
09 - 13 Dec 2024 London - UK $5,950 RESERVE A SEAT
23 - 27 Dec 2024 Pretoria - South Africa $5,950 RESERVE A SEAT
12 - 16 May 2025 Dubai - UAE $5,950 RESERVE A SEAT

Online

20 - 24 Jan 2025 Online $3,950 RESERVE A SEAT

Are the scheduled dates matching with your needs?

We provide a wider range of training options. Tailored and customized, we can deliver your organisation’s training needs anytime, anywhere.

In-House Solutions ›

Why Choose this 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 Asset Management training course will highlight:

  • The basic principles of Asset Management fully aligned with the IAM Qualifications
  • ISO 55000, The International Standard on Asset Management
  • The implementation of ‘Good Asset Management Practice’
  • How to realize higher performance at lower cost within compliance
  • Assessing the current state of your Asset Management process and determine the gaps

What are the Goals?

At the end of this Asset Management training course, 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

Who is this Training Course for?

This Asset Management 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

How will this Training Course be Presented?

This training course is composed in such a way that it can be held for all professionals involved in managing or implementing Asset Management processes. There will be a variance of lectures and practical exercises. Experiences from different areas will be discussed. There will be many opportunities for discussion and sharing experiences.

Organisational Impact

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 this Asset Management training course, 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

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

Accreditation

ISO Training Courses

With the vast and in-depth coverage of the Oil & Gas and Petroleum Industry, it is essential that International Codes and Standards are in place to preserve uniform operational practices across all organisations worldwide. In line with this, many international organisations have published several inspection codes and standards.
In order for Oil & Gas professionals to remain abreast in the innovations in technology and with the new & revised inspection methodologies and best practices, PetroKnowledge is pleased to offer International Organization for Standardization (ISO) training courses and seminars, that focuses on the understanding of the code objectives, intents, stated and implied requirements, as well as the mandatory, recommended and optional stipulations. The training courses also aim to impart the necessary knowledge and skills to prepare the participants before taking the required examinations and certifications.

In Association With

GLOMACS Training

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

The Energy Training Centre

Our collaboration with The Energy Training Centre aims to provide the best training services and benefits for our valued clients.

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Frequently Asked Questions

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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