Applied Asset Management and ISO 55000 - Virtual Learning - Meirc

Applied Asset Management and ISO 55000 - Virtual Learning

Why Attend

This course provides participants with a broad understanding of Maintenance Asset Management principles and methods, of commonly used asset management terminology, and of international standards.  This course is practical and is not an academic study; instead, the primary focus of this course is how to practically implement asset management principles within the workplace.

The course empowers participants to implement asset management principles within their area of the organization.  Whether the organization already has an effective asset management process or nothing at all, the course enables participants to implement the key principles within their sphere of control and see improvement in the effectiveness of their asset portfolio.

As well as best-in-class visuals and slides, this course includes a high level of interaction between the facilitator and participants to ensure the course is meeting their specific requirements.  Numerous relevant case studies are utilized to demonstrate key points and a series of exercises are conducted to apply learning and to appreciate key aspects of best practice.

Course Objectives

By the end of the course, participants will be able to:

  • Implement asset management principles within their organization, department, or area of control
  • Understand the key principles, tools and terminology of asset management
  • Demonstrate how asset management thinking can benefit their organization
  • Gain familiarity and comfort in using ISO 55000
  • Identify a range of models that will support the implementation of asset management

Target Audience

This course is ideal for maintenance managers, operations managers, asset managers and reliability professionals.  Experienced supervisors, planners and functional specialists will also benefit greatly from this course.

Target Competencies

  • Asset Management Alignment
  • Asset Plan Development
  • Asset Management Framework Implementation
  • Asset Performance Management
  • Continuous Improvement implementation
  • Context of the Organization
    • How assets can generate value for your organization
    • What are your assets and which ones are you going to actively manage?
    • Ensuring your assets support your organization’s objectives
    • The key asset management stakeholders and understanding their needs
    • The Model of Excellence for Asset Strategy
  • Leadership
    • Creating a Strategic Asset Management Plan
    • The key roles to make asset management work
    • Creating an effective Steering Team
    • Engaging and maintaining leadership commitment
  • Planning
    • The role and impact of good planning
    • Creating a practical asset plan
    • Conducting effective asset management meetings
    • How to effectively group and structure your assets for effective management
  • Support
    • Keeping your asset plans alive rather than collecting dust on a shelf
    • Engaging your organization in managing your assets
    • Communicating communicate critical information about your assets
    • Information management of your asset management process
  • Operation
    • Creating effective implementation of asset planning objectives
    • The Model of Excellence for Maintenance, a holistic approach to asset operation
    • Effective contacting strategies for asset operations and maintenance
  • Performance Evaluation
    • Monitoring your assets – active and passive monitoring techniques
    • Auditing processes and models – a practical implementation of auditing
    • Converting audits from a policing to an inspiring process
  • Improvement
    • Incident review and root cause analysis
    • Effective failure prevention processes
    • Implementing a process and culture of continuous improvement

Meirc Professional Certificate (MPC)

MPC certified courses by Meirc Training and Consulting are designed for those willing to challenge themselves and go the extra distance. Participants who fully attend an MPC course and successfully complete the test on the last day, will receive a Meirc Professional Certificate (MPC), in addition to the one they receive for attendance. MPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.

Per participant

USD 2,750

Fees + VAT as applicable

Tax Registration Number : 100239834300003

Online Training

19 - 23 Sep, 2021


10:00 to 14:00 (UAE)

9:00 to 13:00 (KSA)