IAM Executive Briefing

 

About This Briefing

Assetivity offers briefing as an introduction to Asset Management (AM) for Executives, Directors and Senior Managers. We will provide participants with an overview of the key principles of effective Asset Management and the benefits to be obtained from taking a systematic approach to Asset Management.

Participants will gain an understanding of:

  • Key principles of effective Asset Management
  • The benefits to be obtained from taking a systematic approach to Asset Management.

Who Should Attend

This course is intended for senior managers who have responsibility for the development and management of asset management policies, practices and procedures within their organisation. Typical attendees include:

  • Senior Executives
  • Asset Management Leaders

 Duration

1/2 Day

Accreditation

This briefing satisfies the requirements of ‘The IAM Executive Briefing’ course within the Institute of Asset Management (IAM) competences framework. Assetivity is a member of the IAM Endorsed Trainer Scheme.

Learning Objectives

By the end of this briefing, delegates should have an awareness of:

  • What is Asset Management
  • Why Asset Management is important
  • The scope of good practice Asset Management built around the IAM conceptual model
  • What good practice Asset Management look like in terms of:
    • Understanding organisational context and stakeholder requirements
    • Improved business performance through alignment
    • Understanding and managing risk
    • Whole of life decision making - Why, and when, to consider whole life costs
    • Monitoring and Assurance - the role, and importance, of management review
    • The implications for organisations and their people
    • The benefits of Asset Management and an overview of ISO 55000
  • The Asset Management journey - Where to start and improve

Assessment

As this is an Executive Briefing there is no formal assessment. Assetivity will issue a certification of attendance for this course.

Briefing Content

Asset Management Concepts and Definitions

  • What Is an Asset?
  • What Is Asset Management?
  • What Is the Asset Life Cycle?
  • Life Cycle Costs – Opportunities
  • Fundamentals of Asset Management
  • Asset Management System
  • The IAM Conceptual Model

The Benefits of Asset Management

  • How does asset management impact on your business?
  • Business case for asset management

The Asset Management Landscape

  • Strategy and Planning
  • Decision Making
  • Organisation and People
  • Lifecycle Delivery
  • Asset Information
  • Risk & Review
  • Your Role in Asset Management

Risk

  • What Is Risk?
  • Risks from Assets
  • Risks from Plans
  • Risks from Systems
  • Risk Based Decision Making
  • Criticality Vs Risk
  • Activity – Bottom Line Impact

Monitoring and Assurance

  • Assessing Asset and Asset Management System Performance
  • Auditing Vs Management Review
  • Asset Management Audit
  • Management Review
  • Asset Management Improvement

Implications for Organisations and Their People

  • The Organisational Structure
  • The Organisational Culture

Introduction to ISO 55000

  • Structure and Content Of The Standards
  • How and Why To Use These Standards – Alignment, Compliance Or Certification?

The Organisation's AM Journey

  • The Asset Management Journey?
  • The Role and Value of A Gap Assessment
  • Where and How Do You Start?
  • Implications for Top Management
  • Reflection

Course Summary

 Cost

This briefing 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.

Dates and Registration

This briefing 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.