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Asset Management Work Processes

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Course Overview

This highly interactive course is designed to provide an immersive training environment that maximizes the interaction between attendees and the instructor and the attendees with their peers.
The course uses a combination of individual and group exercises to heighten the learning experience. Attendees will complete and review daily homework exercises designed to enhance and reinforce daily training in order to give them their best chance of successfully completing the exam at the end of the course

Key Takeaways

Recognize the key principles of asset management processes
Evaluate asset management processes and identify areas for improvement
Analyze asset data to make informed decisions regarding asset maintenance and replacement
Implement asset management processes to optimize asset performance and reduce downtime
Apply risk management techniques to prioritize asset maintenance and replacement activities

National Association of State Boards of Accountancy
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LEORON Professional Development Institute DMCC 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 final 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: www.NASBARegistry.org

Course Outline

Part 1
Course Overview

Interactive Pre-Test
Overview of course content

The ISO 55000 Series ISO 55000 – Asset management – Overview, principles, and terminology

Benefits of Asset Management
Definition of Assets
Overview of asset management
Overview of asset management systems
Integrated management systems approach
Terms and definitions

ISO 55001 – Asset management – Management systems – Requirements

Context of the organization
Performance evaluation

Part 2
Asset Management Body of Knowledge Overview

Asset Management Definition
Principles of Asset Management

Asset Management Council Models

Asset management concept model
Asset management system model
Capability delivery model
Maturity model
Leadership and Culture
Key Concepts of Asset Management
Key Terms
Reserved Terms

Part 3
Asset Management Concept Model

Stakeholder Analysis
Basic Principles
Output Focus
Level of Assurance
Learning Organization

Asset Management System and Organizational Systems Model

Purpose of the Asset Management System Model
Purpose of the Organizational System Model
Components of the Asset Management System Model
Performance Monitoring and Improvement
Decision Making
Risk Management
Process Management
Organizational Roles

Part 4
Asset Management System Model Interrelationships Artifacts (Documentation) of the Asset Management System Model

Stakeholder Decision Criteria
Asset Management Policy
Strategic Asset Management Plan (SAMP)

Organizational Systems Model Capability Delivery Model


Sections of the Model

Demand Management
Systems Engineering
Configuration Management (MOC)
Acquisition Competency
Operations and Maintenance
Continuous Improvement

Artifacts of the Capability Delivery Model Asset Management Maturity Model

Organizational Elements
Maturity Lenses
Maturity Qualities
Building Asset Management Maturity

Who Should Attend?

This highly practical and interactive course has been specifically designed for
Any individual involved in implementation of the ISO 55000 Asset Management Standard, and those individuals who desire to become Certified Asset Management Assessors.

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What language will the course be taught in and what level of English do I need to take part in an LEORON training program?
Most of our public courses are delivered in English language. You need to be proficient in English to be able to fully participate in the workshop and network with other delegates. For in-house courses we have the capability to train in Arabic, Dutch, German and Portuguese.
Are LEORON Public courses certified by an official body/organization?
LEORON Institute partners with 20+ international bodies and associations.We also award continuing professional development credits (CPE/PDUs) for:1. NASBA (National Association of State Boards of Accountancy) 2. Project Management Institute PDUs 3. CISI credits 4. GARP credits 5. HRCI recertification credits 6. SHRM recertification credits
What is the deadline for registering to a public course?
The deadline to register for a public course is 14 days before the course starts. Kindly note that occasionally we do accept late registrations as well, but this needs to be confirmed with the project manager of the training program or with our registration desk that can be reached at +1071 4 1075 5711 or [email protected].
What does the course fee cover?
The course fee covers a premium training experience in a 5-star hotel, learning materials, lunches & refreshments, and for some courses, the certification fee and membership with the accrediting bodies.
Does LEORON give discounts?
Yes, we can provide discounts for group bookings. If you would like to discuss a discount on a corporate level, we will be happy to talk to you.