Program Overview
The Asset Management Training Program introduces participants to the key principles, processes, and strategies used in effective asset and facilities management. It examines asset management as a business process and explores the Asset Management Landscape Model, strategy frameworks, and the Line of Sight approach.
Furthermore, participants will learn how to develop asset management policies, strategies, goals, and Strategic Asset Management Plans. The program also covers asset management roles, expectations, and responsibilities. Through practical learning, participants will strengthen their ability to align asset management activities with organizational objectives.
Medium of Instruction
The program is delivered in English.
Program Methodology
The training uses an interactive and practical approach. Participants will engage in case studies, role plays, group activities, multimedia presentations, and video clips. These methods encourage active participation and help participants apply asset management concepts to workplace situations.
Certificate of Participation
Upon successful completion of the program, Solomon People Solutions (SPS) will issue a Certificate of Participation to each participant.
Risk Management and Stakeholder Engagement
Identifying and Assessing Risk
- Identifying Key Asset and Operational Risks
- Understanding the Significance of Risk
Business-Level Risk Management
- Applying Risk Management at the Business Level
- Aligning Risk Management with Organizational Objectives
Stakeholder Management
- Identifying Key Asset Management Stakeholders
- Building Effective Stakeholder Relationships
Risk-Based Maintenance
- Applying Risk-Based Maintenance to Assets
- Managing Risks in Facility Operations
- Sourcing & Outsourcing – Resources and supplies
- Procurement Aspects
- Defining Level of Service
- Defining the Right KPI
- How to Measure the Contractor Performance
- How to Measure the 3rd Party Contractor Performance
- Vendor Management
- Life Cycle Management for Assets & Facilities
- Demand Forecasting
- Systems Engineering
- Condition Assessment and Monitoring
- Information & Configuration Management
- Life Cycle Costing
- Asset Management Assessment – Assessment Tools
- Asset Management Teams
- Changing the Behavior of People
- Implementation of Asset Management
- Enhanced Skills: Asset management training equips professionals with the knowledge and skills necessary to effectively manage various types of assets, including financial assets, physical assets, and intellectual property.
- Improved Decision-Making: Through asset management training, individuals learn how to make informed decisions regarding the acquisition, utilization, maintenance, and disposal of assets.
- Risk Mitigation: Effective asset management training includes strategies for identifying and mitigating risks associated with asset ownership and management.
- Cost Reduction: By optimizing asset utilization and minimizing downtime, asset management training can help organizations reduce operational costs.
- Compliance and Accountability: Asset management training often covers regulatory requirements and industry best practices, ensuring that organizations remain compliant with relevant laws and standards.
- Strategic Planning: Asset management training enables professionals to align asset management practices with the organization’s overall strategic objectives.
Up-coming Schedule:
Please contact us to know about the upcoming schedule.
