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Course Code: MRMC 129
151 Course Visits
IAM Certificate in Asset Management
Course Sector:
Maintenance & Reliability Management
Course Dates and Locations
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Days
Location
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Enrollment
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Introduction
Training course introducion / brief
The IAM Certificate in Asset Management is designed to provide participants with the essential concepts, principles, and practices of Asset Management. This course will encompass five modules that will discuss:
- The Principles of Asset Management
- Asset Management Policy, Strategy and Planning
- Managing Asset Life Cycle Decisions and Activities
- Assessing and Managing Asset Management Risks
- The Financial and Business Impact of Asset Management
Course Objectives
At the end of the training course, participants will be able to
- Gain a comprehensive understanding of the concept of Asset Management (AM) as well as AM policy, strategy, objectives and plans within their organizations
- Recognize the asset lifecycle and the role of appropriate tools to optimize the performance, risk and cost of assets
- Conduct asset-related risk identification, analysis, management processes, and contingency planning
- Determine the information and performance measures needed for effective asset management, and evaluate the impact of asset information systems
- Explore and understand the financial implications of asset and asset management decisions for their organization, and translate technical issues into business implications
Course Audience
Who is this course for, and can benefit the most
- Facilities Engineer
- Facilities Engineering Manager
- Facilities Manager
- Facilities Specialist / Coordinator
- Health and Safety Engineer
- Maintenance Group Leader
- Maintenance Helper / Assistant
- Maintenance Manager
- Maintenance Superintendent
- Maintenance Supervisor
- Mechanical Reliability Engineer
- Network Reliability Engineer
- Operations and Maintenance Specialist
- Reliability Engineer
Course Outline
The course aims and learning outcomes
Principles of Asset Management (AM)
- Introduction
to AM
- International
Standards – ISO 55001
- Overview
of good practice
- Organizational
context and stakeholder needs
- Converting
business plans to asset plans
- The
strategic AM plan
- AM
policy
- Needs
and capabilities of the assets
The Asset Lifecycle
- Introducing
the Asset Lifecycle
- Design
and acquisition
- Commissioning
and handover
- A
Strategic approach to operations and maintenance
- Understanding
and managing failures – Introduction to tools and techniques
- Root
Cause Analysis (RCA)
- Failure
Mode and Effect Analysis
- Managing
‘random’ failure
- Spares
management
- Decommissioning,
disposal and renewal
- Asset
life cycle strategies – Alignment and optimization
- Developing
and optimizing AM plans
- Constraints
and shutdown optimization
Planning,
Risk Management, and Decision Making
- Delivering
plans
- Capital
- Operations
and maintenance
- Managing
resources and change
- Outsourcing
and supply chain management
- Risk
management
- Asset
criticality
- Contingency
planning
- Value
and risk-informed decision making
- Asset
Management decision making – Principles and approach
- Techniques
for working uncertain or sparse data
- Life
Cycle Costing (LCC)
- Introduction
- Evaluation
of options
Asset Management Enablers
- Asset
information – Overview
- Asset
data – Fundamentals
- Dynamic
data - Condition and performance
- Collecting
and using tacit information
- Information
systems – Introduction and overview
- Organizational
structures for AM
- Assessing
and developing AM competencies
- Leadership
in AM
Evaluation and Continual Improvement
- Successful
changing organizations
- Communication
and culture change
- Performance
evaluation
- Developing
and using performance indicators
- Continual
improvement
- Governance
and assurance for asset management – Auditing and management review
- Maturity
beyond ISO55000
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
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