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course | Applied Asset Management and ISO 55000

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MRMC-674 | Applied Asset Management and ISO 55000

Course Sector : Maintenance & Reliability Management

Duration
Date from
Date to Course Venue Course fees Book a course
5 Days2025-05-052025-05-09Dubai$4,250 Book now
5 Days2025-09-012025-09-05Texas$5,950 Book now
5 Days2025-12-012025-12-05Abu Dhabi$4,250 Book now

Course Introduction

Applied Asset Management 

This course offers participants a comprehensive understanding of ISO 55000 Asset Management principles, methods, common terminology, and international standards. Rather than being an academic study, it emphasizes practical application, focusing on how to implement ISO 55000 principles effectively in the workplace. 

Participants will be equipped to apply asset management principles within their own areas of responsibility, regardless of whether their organization has an established asset management process or is starting from scratch. By applying these key principles, participants can enhance the effectiveness of their asset portfolio. 

Featuring high-quality visuals and interactive content, the course fosters engagement between the facilitator and participants to ensure their needs are met. Relevant case studies are used to highlight key concepts, and hands-on exercises allow participants to apply their learning and gain insights into best practices.

Training Course Methodology

 This course is designed to be interactive and participatory, and includes various learning tools to enable the participants to function effectively and efficiently. The course will use sessions, exercises, and case applications, and presentation about proven-by-practice methods, new insights and ideas about emotional intelligence and its effects in a corporate world.


Course objective

  •         Grasp the essential principles, tools, and terminology of asset management.
  •         Apply asset management principles within their organization, department, or area of responsibility.
  •         Showcase how asset management strategies can enhance organizational performance.
  •         Build confidence and proficiency in utilizing ISO 55000 standards.
  •         Explore various models that facilitate the implementation of asset management.

Course Outline | 01 DAY ONE

Developing Your ISO 55000 Asset Management Strategy

  • How assets create value for your organization
  • Identifying your assets and deciding which to actively manage
  • Aligning assets with your organization’s goals
  • Identifying key asset management stakeholders and addressing their needs
  • The Model of Excellence in Asset Strategy
  • Strong leadership that drives asset management success

Course Outline | 02 DAY TWO

Strategic Asset Management Planning

  • Crafting a strategic asset management plan
  • Defining critical roles to ensure asset management success
  • Building an effective steering team
  • Securing and sustaining leadership commitment
  • Developing impactful asset plans

 

Course Outline | 03 DAY THREE

Asset Planning and Implementation

  • The importance of good planning in asset management
  • Designing practical and actionable asset plans
  • Running effective asset management meetings
  • Structuring and grouping assets for efficient management

 

Stakeholder Engagement in Asset Management

  • Keeping asset plans active and relevant
  • Involving your organization in asset management
  • Effectively communicating key asset information
  • Managing information within the asset management process

Course Outline | 04 DAY FOUR

Implementing Asset Management in the Organization

  • Successful implementation of asset planning objectives
  • The Model of Excellence for Maintenance: A comprehensive approach to asset operations
  • Developing effective contracting strategies for asset operations and maintenance

Course Outline | 05 DAY FIVE

Monitoring and Improving Asset Performance

  • Techniques for monitoring assets: Active and passive approaches
  • Practical implementation of auditing processes and models
  • Transforming audits from enforcement to inspiration
  • Enhancing asset performance through reviews and root cause analysis
  • Establishing robust failure prevention processes
  • Embedding a culture of continuous improvement in asset management
Course Certificates
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BOOST’s Professional Attendance Certificate “BPAC”

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.

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