W001 Introduction to Asset Management
This module provides an introduction to asset management.
It highlights the principles, processes and benefits of good asset management, including the need for an asset management system, its main components and how they are applied.
The module emphasizes the importance of informed decision-making throughout the life cycle of assets so that they deliver value in a safe, reliable and sustainable way.
The value of the international asset management standard - ISO55000 - is highlighted.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W002 Introduction to ISO 55000
This module informs learners from a wide range of business sectors about ISO55000, its history, purpose, scope and the benefits available from its application.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W003 Benefits of Asset Management
This module enables the learner to understand the benefits of a consistent, integrated and whole life cycle approach to asset management. It also covers the importance of good communication and how to recognize and handle some of the misunderstandings that are likely during the planning and implementation phases.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W004 Risk and Risk Management
This module demonstrates how an understanding of risk and risk management are essential in asset management. It also gives an introduction to the closely related topics of resilience analysis, contingency planning and the management of change.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W005 Organisational Context and Stakeholder Expectations
This module explains how asset management needs to be aligned to 'the big picture', the organizational context, including the importance of understanding stakeholder needs and how they can be met.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W006 Scope of the Asset Management System
This module explains what an asset management system is and how it impacts the whole organization.
It shows the scope, structure and main elements of a system and how this provides for the coordination, control and continual improvement of assets in line with the organizational plan. This includes highlighting the key factors and people needed for effective implementation across different environments.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W007 Asset Management Policy, Strategy, Demand Analysis and Objectives
This module explains the role of asset management policy, strategy, demand analysis & objective setting and how they provide the cornerstone of an effective asset management system.
It covers the scope, structure and elements of each activity, explaining how they are informed by, and aligned to, the organization's objectives and how they serve as the foundation for its asset management planning activities.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W008 Asset Management Planning
This module explains the role of asset management planning in determining the organizations asset management activities and budgetary considerations.
It describes how the organization's strategic planning framework and the role of sustainable development are used to develop an asset management plan that can be delivered within a changing economic, environmental and social context. This includes setting out the purpose and content of such plans.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W009 Asset Information
This module focusses on the role of information within an organization's asset management system.
It identifies the core components of an effective asset information environment, including the information needs of internal and external stakeholders, and the 'asset information systems' needed to manage this information.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W010 Asset Management Decision Making
This module demonstrates how asset management decision making is crucial to the development of robust asset management plans.
It explains how all stages of the asset life cycle need to be modelled within a framework. The framework ensures a consistent approach to capital, operations and maintenance investment decision making. The module also demonstrates the importance of a resourcing strategy to ensure the delivery of the asset management plan.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W011 Leadership, Organisation and People
This module focuses on the importance of people for the delivery of effective asset management. It explains how good leadership and the building of an appropriate culture and supporting structures are central to asset managers delivering organizational objectives. It also illustrates the importance of ensuring that the organization has the right competences for fulfilling its objectives.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W012 Asset & Asset Management System Performance
This module explains the role of 'asset health' and 'asset management system performance monitoring' in supporting the delivery of an organisation's asset management objectives.
It covers the importance of setting clear performance indicators and effective measurement processes, and of identifying non-conformance criteria and appropriate responses. It also emphasizes the importance of continual improvement in asset management.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W013 Life cycle activities Part 1
This module explains the key phases in an asset's life cycle. This includes identification of need, creation or acquisition, utilization and maintenance and decommissioning and disposal. It looks at the integration of these activities to maximize value and at the role of planned interventions and actions to take in the event of failure and incidents. This module should be considered in conjunction with "Life Cycle Activities Part 2", which covers enablers and disciplines used to support these topics.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription
W014 Life cycle activities Part 2
This module describes the key enabling actions that are required to support the effective management of an asset over its life. It covers considerations associated with design, legislation, configuration and resource management.
This module should be considered in conjunction with "Life Cycle Activities Part 1", which provides an overview of the key phases of an asset's life, from creation and acquisition through to decommissioning and disposal.
Equivalent to 1 CPD credit.
GBP 54.00 / subscription