Essentials of Asset Management & ISO 5500x
How can you improve the performance of your asset portfolio? Learn how to identify and treat asset risks? Make financially-optimized asset management decisions? If so, this course is for you. This course will give you the skills needed to implement holistic and sustainable asset management practices in your organization.
Over the last few years, the challenges of managing physical assets have grown. Asset-intensive companies are faced with aging assets, hyper-competitive markets, change-resistive culture, unpreparedness for digital-ready world, climate change, and ever-tightening constraints on funding.
Today’s asset managers must integrate asset, business, risk and quality management principles to strategically manage their organization’s assets. The modern asset manager focuses on integrated business processes that harmonize asset information across organizational silos to make financially-optimized asset management decisions. The ISO 5500x family of standards provides guidelines for organizations to develop sustainable asset management approaches and be able to respond appropriately to constraints and opportunities within their operating contexts.
This course focuses on global best-in-class practices to holistically manage assets and optimize levels of service over their life cycles. The course is anchored on three pillars, asset performance, asset risk management and business/financial management. The course content is mapped to the ISO 5500x family of standards and the Global Forum on Maintenance and Asset Management (GFMAM’s) Asset Management Landscape. The course is designed to be multi-disciplinary, in order to foster effective cross-functional team approach when participants return to their workplaces.
Participants will receive a Certificate of Completion on successful completion of the course.
- Suzane Greeman