Acquire The Knowledge Of Asset Management

Course overview

What does asset management serve as a means for?

Asset management encompasses expert portfolio and investment management for institutional clients. These include mutual funds, pension funds, and life insurance firms. Aging assets, competitive marketplaces, resistant cultures, quick technical advancements, climate change, and fluctuating markets are challenges faced by asset-intensive businesses. In order to strategically benefit from this synergy, asset managers must today align their assets, business processes, and risk management concepts. The modern asset manager can concentrate on multifaceted business processes that unify asset management across organizational departments to make the best possible asset management decisions thanks to this training program.

What are asset management’s foundational principles?

This course’s primary focus is asset management. Delegates will finish this course with a thorough understanding of effective asset management and cross-functional team behavior since it is built on three core pillars: asset performance, asset risk management, and business/financial management.

Participants will gain in-depth understanding of the subjects linked to general building maintenance through this Training Bee course. It encompasses asset management, professional development, and fire and life safety as well as facilities management.

Introduction

A complete grasp of how to successfully manage an organization’s assets, maintain their integrity, and apply maintenance strategies to maximize performance and reduce risks is what participants in an asset, asset integrity, and maintenance management training course are meant to get from taking the course. Professionals in a variety of fields, such as manufacturing, energy, transportation, and facilities management, where effective asset management is essential to operational success and safety, would benefit from this course.

Professionals working in asset management, maintenance, operations, engineering, and related industries are often the target audience for this course. It is beneficial for people looking to advance their asset management knowledge and abilities in order to increase organizational performance and safety.

We are The Training Bee, a global training and education firm providing services in many countries. We are specialized in capacity building and talent development solutions for individuals and organizations, with our highly customized programs and training sessions.

Participants in the Asset, Asset Integrity, and Maintenance Management Training Course should have a thorough understanding of asset management principles and procedures by the completion of the course. They should have the skills and resources necessary to manage assets efficiently, maintain their integrity, and put in place maintenance plans that increase operational effectiveness, safety, and adherence to industry standards and regulations.

Learning Objectives

Upon completing Asset, Asset Integrity and Maintenance Management Certification Course, participants will be able to:

• Recognize the goals of asset integrity management system implementation and how to use it.
• Understand the distinction between asset integrity management and asset performance management.
• Increase awareness of risks and hazards, keep an eye on them, and take precautions when operating, maintaining, and inspecting
• Sort equipment into categories and determine its level of importance in terms of HSE, cost, business, and assets.
• Learn about the asset life cycle, including the concept, design, commission, operation, and abandonment, as well as the integrity standards.
• Integrate the vision and goals of enterprise business planning with the integrity objectives and tasks.
• Encourage upper management to support AIMS so they can maximize their return on investment.

Our Unique Training Methodology

This interactive course comprises the following training methods:

• Journaling – This consists of setting a timer and letting your thoughts flow, unedited and unscripted recording events, ideas, and thoughts over a while, related to the topic.
• Social learning – Information and expertise exchanged amongst peers via computer-based technologies and interactive conversations including Blogging, instant messaging, and forums for debate in groups.
• Project-based learning
• Mind mapping and brainstorming – A session will be carried out between participants to uncover unique ideas, thoughts, and opinions having a quality discussion.
• Interactive sessions – The course will use informative lectures to introduce key concepts and theories related to the topic.
• Presentations – Participants will be presented with multimedia tools such as videos and graphics to enhance learning. These will be delivered engagingly and interactively.

Training Medium

This Asset, Asset Integrity and Maintenance Management Certification Course training is designed in a way that it can be delivered face-to-face and virtually.

Course Duration

This training is versatile in its delivery. The training can be delivered as a full-fledged 40-hour training program or a 15- hours crash course covering 5 hours of content each day over 3 days

Pre-course Assessment

Before you enroll in this course all we wanted to know is your exact mindset and your way of thinking.
For that, we have designed this questionnaire attached below.

• Give your own definition of asset management.
• Why is efficient asset management crucial for businesses?
• List and briefly define the many asset kinds that corporations normally handle.
• Can you give some concrete and intangible asset examples?
• Describe the stages of an asset’s lifecycle and how asset management uses them.
• At what points throughout an asset’s lifecycle does its management change?
• What does “asset integrity” entail and why is it important to organizations?
• Describe the connection between asset dependability and operational success as a whole.

Course Modules

This Asset, Asset Integrity and Maintenance Management Certification Course covers the following topics for understanding the essentials of the Agile Workplace:

Module 1 – Introduction: The Foundations of the Asset Integrity Management System (AIMS)

• A general overview of AIMS
• What is a resource?
• Why is Asset Integrity Management necessary?
• Asset Integrity: What Is It?
• Asset integrity management versus asset management
• Asset Integrity Life cycle Asset Integrity Management Concept

Module 2 – FRAMEWORK FOR ASSET INTEGRITY AND AUDIT REVIEW

• Direction of Integrity
• Credibility Systems
• Implementation of Integrity
• KPIs, Reports, and Terms for Integrity Results
• Integrity Obstacles
• Integrity Organizations and RACI Diagrams

Module 3 – Risk assessment and asset criticality evaluation

• Evaluation and management of risk
• Integrity barriers according to British Standards BSI Pas 55
• Significant Integrity Activities
• Risk table
• Identification of the risk
• Identification of risks and risk analysis

Module 4 – Audit Reviews and the Integrity Management Performance Framework

• Process for performance reporting with integrity
• Important Performance Metrics
• Audit Purposes
• Auditing Standards of Scope
• Auditing Techniques
• After-Audit Integrity Assurance Follow-Up Dashboard

Module 5 – Overview and Certification of ISO 55000

• Describe ISO 55000.
• Implementation of ISO 55000
• Roadmap for Compliance with ISO 55000
• Journey Toward ISO 55000 Certification

Post-course Assessment

Participants need to complete an assessment post-course completion so our mentors will get to know their understanding of the course. A mentor will also have interrogative conversations with participants and provide valuable feedback.

• Talk about how risk management affects decision-making and its function in asset management.
• Describe some instances of asset management-related risk reduction techniques.
• Describe why it is important for asset management to abide by all applicable laws and standards.
• Determine whatever rules or guidelines are applicable to asset management in your sector.
• Talk about how modern asset management uses technology and software.
• Describe some software platforms or applications that are used to manage assets effectively.
• Describe the actions connected with each stage of an asset’s lifecycle and its stages.
• How can businesses improve their asset management practices over the whole asset lifecycle?

Lessons Learned

Asset Management for Strategic Purposes: Participants comprehend the strategic significance of asset management. They discover that assets are crucial components that affect an organization’s overall success in addition to being functional parts.

Classification and Prioritization of Assets: This lesson emphasizes the value of classifying assets according to their criticality and significance. Participants gain knowledge on how to order assets for upkeep and investment based on their influence on company goals.

Participants understand the importance of managing assets over the course of their lifecycles. They discover that asset management is a continuous process that includes planning, purchase, operation, maintenance, and disposal rather than a singular occurrence.

Asset Integrity and Reliability: The importance of preserving asset integrity and reliability is emphasized in the course. Participants are aware that well maintained assets improve cost-effectiveness, operational safety, and efficiency.

Preventive, predictive, and corrective maintenance are just a few of the maintenance tactics that participants become adept in. They discover the advantages of proactive maintenance planning as well as when to use each technique.

Risk management: Through the lens of asset management, participants develop understanding of risk management. They gain knowledge on how to recognize and reduce risks related to downtime, safety concerns, and asset breakdowns.