[67% Off] Asset Management Fundamentals
Understand Asset Management, Asset Lifecycle, Strategic Planning, Risk-Based Decision Making, and Performance Monitoring – Free Course
What you’ll learn
- Define asset management and its role in improving organizational efficiency and sustainability.
- Understand the full asset lifecycle from acquisition to disposal and how to manage each stage strategically.
- Apply key concepts of ISO 55000 and Strategic Asset Management Planning (SAMP) in real-world scenarios.
- Evaluate asset data, identify critical assets, and use KPIs to monitor asset performance and health.
- Implement risk-based asset decision-making using tools like Failure Modes and Effects Analysis (FMEA).
- Develop and optimize an asset register, asset management system (AMS), and long-term asset plans.
Requirements
- No prior experience is required. A basic understanding of operations, maintenance, or business processes is helpful but not necessary.
Description
Asset Management is critical for organizations aiming to maximize value, reduce risk, and make informed decisions about physical and digital assets. In this course, you’ll gain a practical and strategic understanding of asset management fundamentals—whether you’re managing infrastructure, IT systems, facilities, or any other asset class.This course introduces key principles from ISO 55000, including lifecycle asset management, data-driven decision-making, and alignment with business goals. You’ll explore how to create an asset register, develop a Strategic Asset Management Plan (SAMP), implement asset performance indicators (KPIs), and integrate risk management into your asset strategy.
Each section is supported by real-world examples, practical templates, and visual walkthroughs to help you immediately apply what you learn. You’ll also learn how to classify assets, track asset conditions, and use asset management systems (AMS) for long-term value creation.
By the end of the course, you’ll be able to:
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Understand the asset lifecycle and key management processes
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Build and structure an asset register
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Apply ISO 55000 standards to your organization
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Conduct risk-based assessments for asset decision-making
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Measure and improve asset performance through KPIs
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Plan for asset replacement, upgrades, and retirement effectively
