Building an Asset Management Organisation


About this Training Course

Assetivity offers this training course as a detailed review of the organisational, knowledge management, risk management implications of effective asset management for Executives and AM leaders. This training is to assist executives and AM leaders define, build and maintain an effective AM environment within their organisation.

Participants will gain an understanding of how AM integrates into an organisation and some of the key cultural, structural and procedural interface issues associated with AM.

Who Should Attend

This course is intended for senior personnel with responsibility for building the asset management workforce and culture within an organisation. Typical attendees include:

  • Senior executives
  • Asset Management Leaders
  • Human Resources Specialists

Training Course Duration

1½ Days

Learning Objectives

By the end of this course, delegates should (as a minimum) be able to:

  • Describe the main implications of asset management for organisational structure, roles and responsibilities and reporting lines
  • Give examples of career paths in asset management
  • Describe how the performance of people working in asset management can be assessed and improved
  • Describe how the criticality of products, services and their suppliers can be analysed
  • Give examples of how asset management affects the specification of requirements for supplied goods and services
  • Describe how organisational culture is likely to affect asset management performance
  • Describe how to analyse the criticality of procured products and services
  • Give examples of criteria which can be used to assess the performance of asset management teams


As this course is part of the IAM’s competency framework, each attendee will be formally assessed to measure successful achievement of the competency. This assessment will be based on formal testing as well as class participation. Participants who successfully demonstrate competence in this course will be issued an IAM Certificate of Competence.

Training Course Content


  • Outline the contents of the training package
  • Introductions to other participants and their roles in AM
  • Objectives of the training course
  • Gain an understanding of what is expected through the course

Asset Management Organisations (AMOs) within a larger body

  • Defining requirements for an AMO within a larger body – dedicated company division or holistic company wide solution?
  • Organisational structure
  • Organisational responsibilities
  • Common organisational interfaces
  • The concept of culture as applied to organisations
  • The principles and methods of managing culture change within organisations
  • Values, assumptions and behaviours that are consistent and inconsistent with your vision and strategy
  • Case study: Analysis of 2 different AMOs in different fields.


  • The information required to undertake workforce planning
  • Expected workloads and types
  • Resource scheduling tools and techniques
  • Training needs analysis
  • Recommended qualifications, training and experience levels required
  • Potential career management/personal development paths
  • Performance monitoring
  • Continuing professional development.


  • Organisational procedures and systems
  • Project management principles and the importance of operating to cost, time and quality obligations
  • Systems Engineering as applied to Asset Management
  • “Whole of life” Asset configuration control of requirements, physical, functional, data
  • Life Cycle Costing and Financial evaluation methods
  • Managing change methods
  • How to manage customer, staff, supplier and other stakeholder expectations during change
  • Risk management within the AMO
  • Activity: Complete a draft outline of the people (roles) and processes needed within your AM organisation


  • AMO data needs
  • Records and record keeping

Facilities, Tools and Equipment

  • Computer systems
  • Group Discussion: What Computerised AM Management systems are currently in use at participant’s organisations? What are their capabilities? What capability gaps currently exist?

Quality assurance and improvement

  • Continuous improvement principles and processes
  • Alignment with ISO and other quality standards

Inputs, Outputs and Interfaces

  • Service Level Agreements
  • Contracts and Contractual management – supply of goods and services
  • “Whole of life” Requirements specification for Asset and associated asset support acquisition
  • Asset criticality analysis
  • Asset Management Planning (overview)
  • Exercise: Develop a simple requirements specification for an Asset and its associated support

Training Course Summary



Training Course Cost

This course is available for in-house delivery only. This email address is being protected from spambots. You need JavaScript enabled to view it. to obtain more details and a price quotation for running this course for your organisation at a time and location that suits you.

Training Course Dates and Registrations

This course is available for in-house delivery only. The content of this course is, however, included in our Asset Management Master Class. Click here to view the dates and locations when the Asset Management Master Class is currently scheduled to run.