Asset Management Fundamentals

This short course describes how an effective asset management system allows an organisation to best utilise its physical asset portfolio to achieve its business objectives. It describes expectations that the organisation’s teams must meet including risk-prioritised planning, quality management of asset life cycle process and requirements for continual improvement.

Course Outline

1 Days

5 Core Modules

Overview of Asset Management

Why Asset Management has Become Globally Important
The Asset Management System and its Elements
ISO 55000 Standards and Improving Asset Management
Global Guidance on Asset Management Practices

Understanding Strategic Asset Management

Purpose of Asset Management Policy and Strategic Asset Management Plan (SAMP)
Investment in Managing Assets to meet Corporate Objectives
Risk Management in Asset Planning
Quality Assurance and Delivery of Work

Expectations of Asset Management Teams

Delivery of Asset Management Process by Teams
Measuring Performance
Assessing the Health of the Asset Management System
Modern Challenges for the Asset Management Teams

Summary

Principles for Leading Asset Management
Monitoring Asset Management Performance
Other Information Resources
Understand the policy and strategy framework which is appropriate for the organisation’s operations, budget and culture
Learn how to optimise forward budgets for capital, maintenance and engineering undertakings to optimise current asset performance
Understand the interfaces between different organisations within a company, and what happens when a key function is missing or not performing well

Snapshot

Overview of Asset Management

Understanding Strategic Asset Management

Expectations of Asset Management Teams

Principles for Leading Asset Management

Monitoring Asset Management Performance

Your Instructors

Mike Greyling

Adjunct Principal

Covaris

Seasoned asset management leader with 35+ years in aviation, smelting, mining. Proven excellence in maintenance, reliability, risk management, stakeholder engagement, Six Sigma expertise, SAP leadership.

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Peter Durrant

Adjunct Principal

Covaris

Navy veteran, diverse maintenance career. Senior roles in Navy, mining, and resources. Maintenance consultant. Expert in work management, sustainable change. Dip Eng & MBA Tech Mgmt.

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Kylie Nash

Principal Engineer

Provecta Process Automation

30+ years engineer in electricity generation. AGL Macquarie veteran - asset management, reliability, team leadership. Skilled in problem-solving, change projects. BEng & MBA Tech Mgmt.

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Brian Ropitini

Director

Ara Ake, New Zealand

Accomplished facilitator, coach & mentor. Fitter & turner turned senior leader. Led multi-million-ton methanol plants & global teams at Methanex. Exceptional communicator & visionary.

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Chris Cunningham

Principal

Covaris

Leading asset management specialist with 20+ years experience. Diverse industries: power, nuclear, mining, defense & more. Globally renowned in change & risk management, optimized asset performance.

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Asset Management Fundamentals

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Whether you have 15 or 1500 people to train, our schools can be offered at a time and location most convenient for your company.

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Pathway

Asset Schools training courses can be completed individually at any time, but have you considered planning a Learning Pathway? For example:

Asset Management Fundamentals

Asset Management School

Sustainable Assets School

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Our Clients

Asset Schools give peace of mind that the investment in our Maintenance and Reliability professionals will provide a great return to both them and the business.

Gwyn Garland

Senior Manager

Asset Health Newmont

The knowledge and practical steps imparted during Asset Schools have proven to be invaluable for the overall improvement across the business in greater availability and reduced unit lifecycle costs. Attendance at the Asset Schools portfolio of courses is now a foundation requirement for our team of planners due to the business and personal development benefits.

Ash Davis

OAM, Senior Mines Systems Planner

FMG

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Asset Management Fundamentals

This short course describes how an effective asset management system allows an organisation to best utilise its physical asset portfolio to achieve its business objectives.

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