ISO 55000: 2014 states that an organisation should develop an asset management (AM) policy as a statement of the intent and the principles by which it will apply AM to achieve its organisational objectives. It also states the need for an AM strategy which defines the strategic initiatives required to achieve the organisational objectives.
This 2-day training course unpacks the somewhat obscure requirements of ISO 55000 in a clear and practical way. Learners gain understanding about what the different terms and definitions mean in the context of their organisation. Armed with this vocabulary, learners will learn a structured methodology to develop an AM policy, with a clear line of sight to organisational objectives and stakeholder expectations. This is followed by a practical process to develop an effective AM strategy, consisting of the strategic initiatives to address the gaps highlighted by a focused 3-pronged assessment exercise.
Throughout the course, an international case study is used to illustrate the application of the principles and processes. There are also frequent references to the requirements of ISO 55000 and the relevant subjects in the AM Landscape. Regular discussions and exercises allow learners to get to grips with the material and learn from their peers. This ensures they return to their organisations with the ability to facilitate the strategic AM planning process.
This course is aligned with the GFMAM’s AM Landscape, with a specific focus on the following subjects: AM policy, AM strategy and objectives, strategic planning, demand analysis, AM leadership and stakeholder engagement.