Strategic Asset Management Institutional Value Optimisation
Aligning ISO 55000 and Good Asset Management Practice with Corporate Strategy
About this course
The management of physical assets is critical to the economy of many countries. How assets are managed determines a company's efficiency and its competitiveness in the global market. Significant sums are spent annually maintaining and developing the asset base and improving the services around it, and asset management itself has become a major competitive market internationally.
Asset management is increasingly recognised as the key to better investment decision-making across every sector, from oil and gas, defence, and aerospace to manufacturing, public transport, and electricity and water production and distribution. Regulators now require organisations to develop and present strategic Asset Management Plans aligned with corporate strategy, and implementing Good Asset Management Practice matters more than ever in delivering, and demonstrating, that alignment.
This Seya Capital Strategic Asset Management and Institutional Value Optimisation training course will highlight:
- The basic principles of asset management, fully aligned with IAM qualifications
- ISO 55000, the international standard on asset management
- Implementing Good Asset Management Practice
- How to achieve higher performance at lower cost, within compliance
- Assessing the current state of your asset management process and identifying the gaps
Dates, venues & fees
| Dates | Venue | Format | Fee | |
|---|---|---|---|---|
| 29 Mar – 2 Apr 2027 | Port Elizabeth, South Africa | 5 days | US$ 2,650 | Register |
| 5 – 16 Apr 2027 | Arusha, Tanzania | 2 weeks | US$ 3,780 | Register |
| 12 – 16 Apr 2027 | Arusha, Tanzania | 5 days | US$ 2,100 | Register |
Fees are per delegate and exclude travel and accommodation. Every course is also available as in-house training on dates that suit you.
By the end of the course
By the end of this Seya Capital training course, you will be able to:
- Explain what asset management is and how it contributes to realising your organisation's corporate strategy
- Understand the content and value of ISO 55000, the international standard on asset management
- Apply Good Asset Management Practice, starting with the foundations and building toward the best practice that delivers maximum business benefit
- Assess the current state of asset management best practice within your organisation
Designed for
This Seya Capital Strategic Asset Management and Institutional Value Optimisation training course is suitable for a wide range of professionals, and will greatly benefit:
- All professionals involved in managing or participating in Asset Management and Facilities Management processes, including staff in Asset Management and Maintenance, Facilities Management, Building Maintenance, IT, Operations, and Finance
- Anyone who wishes to update their knowledge of asset management and how to implement it for the benefit of their organisation
Course outline
Day 1: Principles of Asset Management+
- Asset management as a business process
- Asset management scope and definitions
- The asset management conceptual model
- Asset management strategy and planning
- Asset management roles: expectations and responsibilities
- ISO 55000: the international standard on asset management
- The certification procedure
Day 2: Assessing and Managing Asset Management Risk+
- Identifying and assessing risk
- Risk in asset management
- The significance of risk
- Risk at the business level
- Stakeholder risk
- Risk at the asset level
Day 3: Asset Management Policy, Strategy and Planning+
- Asset management policy
- Developing strategic Asset Management Plans
- Implementing strategic Asset Management Plans
- Long-term maintenance and investment planning
- Information and configuration management
Day 4: Managing Asset Lifecycle Decisions and Activities+
- The lifecycle of assets and its various aspects
- Systems engineering
- RAMS aspects: reliability, availability, maintainability, and safety
- Renewal, disposal, and lifetime extension
- Sourcing and outsourcing
Day 5: Financial and Business Impact of Asset Management+
- Financial management basics
- Budgeting
- Life cycle costing
- The business case for asset management
- Wrap-up
How you will learn
This training course is designed for any professional involved in managing or implementing asset management processes. It combines lectures with practical exercises, drawing on experience from different areas and creating regular opportunities for discussion and shared learning.
The return on learning
For your organisation
- Understand how asset management contributes to realising corporate strategy
- Understand the background, application, and benefits of ISO 55000
- Understand the most important key performance areas and related activities and methodologies of asset management
- Be able to implement core asset management methodologies and technologies
- Understand how to assess the current status of their asset management processes
For you
- Gain understanding and practical insight into Good Asset Management Practice
- Improve their level of personal knowledge
- Work more effectively by focusing on the processes and activities that genuinely contribute to organisational goals
- Add value for themselves
- Be able to plan and develop their future career
Seya Capital certificate
Upon successful completion of this classroom-based training course, delegates will be awarded a Seya Capital Certificate.
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Training designed around your organisation
Every course can be delivered privately for your institution, at your premises or a venue of your choice, with case studies and content adapted to your sector and regulatory environment.