Course Schedules

Classroom 7 Sessions
Online / Live
Live

Training Course Overview

Asset management is crucial for capital-intensive industries that depend on the efficient and smooth operation of their plants and equipment. It is essential to foster effective communication between cross-functional teams, such as new project development, commissioning, operations, and maintenance, to ensure collaborative decision-making and minimize the lifecycle costs of assets. This Asset Management & ISO 55000 training course aims to enhance management practices by presenting industry standards, methodologies, and guidance on establishing effective asset management strategies. It also highlights how the international asset management standard, ISO 55000, can be utilized to adopt best practices and the latest advancements.

This Asset Management & ISO 55000 training course delves deeply into the key elements of asset management throughout the entire lifecycle of equipment. Best practices from various industries are introduced, alongside a discussion of the necessary skills, attitudes, and competencies for successful asset management. The latest tools and techniques are presented in a straightforward manner, allowing participants to apply them in their specific contexts. The ISO 55000 series is thoroughly reviewed, with a focus on how its sections align with essential asset management concepts discussed throughout the course. Guidance on how to access further information about the standard and evaluate one’s organization against it is also provided.

This Asset Management & ISO 55000 will feature:

  • The asset management system, organization & risk-based framework specified in ISO 55000 series
  • 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 organization

Training Course Objectives

At the end of this training course, delegates will be able to make a substantial, positive impact on the asset management best practices within their organization, specifically:

  • Provide a step-by-step guide to Asset Management best practices (as part of ISO 55000)
  • Understand best practice techniques for achieving effective asset management
  • Discuss & learn the practical application of these best practices, through case studies & exercises
  • Understand the range of technical & human risks associated with asset management & how they can be mitigated
  • Develop an action plan to utilize these technologies in their own areas of responsibility, fitting them into the overall asset management strategy, and measuring benefits

Designed for

This Asset Management & ISO 55000 training course is suitable to a wide range of professionals but will greatly benefit professionals in different branches who are involved in any aspect of asset management. The training is specifically designed for those professionals who want to understand, implement and improve the latest asset management concepts, processes and possibilities:

  • Project, Design & Maintenance Management
  • Maintenance & Reliability Engineering
  • Operations
  • Technical & Quality Support
  • Consulting

Learning Methods

This Asset Management & ISO 55000 training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. It is composed in such a way that it can be held for all professionals involved in managing or implementing asset management processes. It is conducted along course principles with formal lectures and many interactive exercises. Relevant case studies illustrate the application of each subject in an operations environment and each learning point will be re-enforced with practical exercises. There will be many opportunities for discussion and sharing experiences.

Course Content

Day 1

Principals of Asset Management

  • Asset Management as a business process
  • Asset Management scope & definitions
  • Asset Management strategy & planning
  • Asset Management roles
  • ISO 55000 – the international standard on Asset Management
Day 2

Assessing & Managing Asset Management Risks

  • Risk in Asset Management
  • Risk on business level
  • Stakeholder risks
  • Risk on asset level – Risk Based Maintenance
Day 3

Asset Management Policy, Strategy and Planning

  • Asset Management Policy
  • Developing (Strategic) Asset Management Plan(s)
  • Implementing (Strategic) Asset Management Plan(s)
  • Long Term Maintenance & Investment Planning
  • Information and configuration management
Day 4

Managing Asset Lifecycle Decisions & Activities

  • Life cycle of assets and its aspects
  • Systems Engineering & RAMS (Reliability Availability Maintainability Safety)
  • Renewal, disposal and lifetime extension decisions
  • Sourcing
Day 5

Financial & Business Impact of Asset Management

  • Financial Management – basics
  • Life Cycle Costing
  • The business case for Asset Management
  • Wrap-up

The Certificate

Recognition
  • Anderson Certificate of Completion for delegates who attend and complete the training course
FREQUENTLY ASKED QUESTIONS

Learn more about this course

Yes. The Asset Management & ISO 55000 training course can be customised and delivered exclusively for organisations seeking a tailored learning solution. Course content can be adapted to address specific business objectives, operational challenges, industry requirements, and organisational priorities. Customised training allows teams to focus on the topics most relevant to their roles while supporting wider organisational development goals.

No. The Asset Management & ISO 55000 training course is open to professionals from a wide range of backgrounds and experience levels. The course content is structured to provide value to both those who are new to the subject and experienced practitioners seeking to deepen their expertise. While some prior knowledge may enhance understanding of certain concepts, it is not a requirement for participation

The Asset Management & ISO 55000 training course uses a variety of learning approaches to maximise participant engagement and knowledge retention. These may include expert-led presentations, practical exercises, case studies, group discussions, scenario-based activities, and collaborative learning opportunities. This approach encourages active participation and helps participants translate learning into practical workplace results.

The Asset Management & ISO 55000 training course is suitable for professionals who want to expand their knowledge, strengthen their practical skills, and improve their effectiveness within their current or future roles. It is valuable for managers, team leaders, supervisors, specialists, consultants, and professionals seeking to stay current with industry developments and best practices. Whether your goal is career advancement, improved decision-making, or enhanced workplace performance, this course provides relevant knowledge and practical insights to support your professional ambitions.

If you would like additional information about the Asset Management & ISO 55000 training course, our professional support team is available to assist with course enquiries, registration guidance, group bookings, and customised training requirements. We are committed to helping you identify the most suitable learning solution for your professional development goals.

 

Participants attending the Asset Management & ISO 55000 training course gain access to valuable industry insights, practical techniques, and internationally recognised best practices. The course helps professionals improve performance, strengthen confidence, broaden their perspective, and develop skills that contribute to both personal and organisational success. It also provides an excellent opportunity to exchange ideas and experiences with professionals from diverse sectors and backgrounds.

The Asset Management & ISO 55000 training course combines practical knowledge, current industry practices, and expert guidance to create a highly relevant learning experience. Rather than focusing solely on theory, the course emphasises practical application, enabling participants to develop skills and approaches that can be implemented directly within their organisations. This balance of knowledge and practical relevance helps participants achieve meaningful and lasting professional impact.

Yes. Participants who successfully complete the Asset Management & ISO 55000 training course will receive a Anderson Certificate of Completion, demonstrating their commitment to professional development and continuous learning. This certificate provides formal recognition of the knowledge and skills gained during the course and can support professional growth and career progression.

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