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ISO 55000 Asset Management

Abu Dhabi, UAE | December 11–15, 2016


This course is available as:

On Site

Contact Person

Angel Sojlev

+971 56 402 0355 UAE: +971 4 447 5711 ext.686 KSA: +966 11 464 4865 ext.686
Course Overview

Asset management is vitally important for all capital intensive industries which rely on cost effective and trouble free operation of their plant and equipment in order to deliver products and services to their customers. Every organisation carries out asset management – the key question is how well is this done? Typically asset management is inherently a cross-functional activity involving aspects such as new project design, commissioning, operation & maintenance. Getting the right dialogue taking place between these groups is necessary so that joined up thinking takes place and the life cycle costs of assets are minimised. This course discusses in depth the key features involved in asset management throughout the life cycle of equipment. Best practices drawn from a range of different industries are introduced. In addition, the skills, attitudes and competencies necessary for effective asset management are fully discussed. The latest tools and techniques are introduced and explained with a minimum of jargon so that delegates can see how to use them in their situation. The newly-issued asset management standard ISO 55000 is introduced and reviewed. The link between its sections and important aspects of asset management which have been discussed is highlighted. Where to obtain further information about the standard and how to assess one’s organisation against it are discussed.
The following aspects are covered in a straightforward way:
»» The asset management system, organisation and riskbased framework specified in ISO 55000
»» Life cycle costing advantages and issues »» Asset policies & strategies derived from the business plan
»» Formulating effective asset management plans and ensuring that they are carried out
»» Continuous improvement and the learning organisation This 5 day workshop is designed to be a hands-on, stimulating experience.
The program is highly interactive with many discussion and facilitated practice sessions. Key points will be emphasised with case study examples. There will be a combination of presentation sessions and workshops during this programme.

Delivery Type: Group Live | Pre-requisites: None | Level: Advanced

Course key takeaways

1. A understanding of the key aspects of asset management

2. An appreciation of the link between effective asset management and competitive advantage

3. Introduction to the asset management standard ISO 55.000

4. Exposure to asset management best practices

5. The ability to engage more effectively with other colleagues involved in asset management

LEORON Professional Development Institute

is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have nal authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:


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