The Facilities Management of physical assets like power plants, power distribution networks, utility plants, roads, piping, buildings, housing etc. is critical for the continuity of organizations. In the end, the way we manage our physical assets and facilities determines the efficiency of companies and how competitive we are in the world market. Much money is spent annually on maintaining and developing the asset base. Providing services to improve Asset Management has become a major competitive market internationally.

Asset and Facilities Management has been increasingly recognized as the key to improved investment decision making across all sectors, from Oil and Gas, Aerospace, Manufacturing, Public Transport and Electricity and Water Production and Distribution. Many of them are required by regulators to draw up and present asset management plans. This Fundamentals of Asset and Facilities Management training seminar aims to support this drive to improve management practices by presenting standards, methodologies and guidance how to set up good Facilities Management.

Course Objectives

This training seminar will highlight:

• Explain what Asset and Facilities Management is and how it can contribute to the realization of the corporate strategy of your organization
• Understand the content and value of the international standard on Asset Management
• Apply good Asset and Facilities Management practice, starting with foundations and building up to best practices that will deliver maximum business benefits
• Assess the current state of Asset and Facilities Management best practices
• Set up an implementation plan for Asset and Facilities Management

Course Outlines

• Introduction to Asset and Facilities Management
• Introduction to the Subject
• Asset and Facilities Management as a Business Process
• Asset Management Landscape Model
• Strategy Framework
• Line of Sight
• Asset and Facilities Management policy,
• Asset and Facilities Management Strategy
• Goal Setting
• (Strategic) Asset and Facilities Management Plan
• Feedback and Improvement
• Asset Management Roles – about roles, expectations and responsibilities
• ISO 550000 – the international standard on Asset Management
• Certification Procedure

Good Asset and Facilities Management Practice – Part 1

• Identifying Risk
• Significance of Risk
• Risk Management on Business Level
• Stakeholder Management
• Risk Based Maintenance (RBM) for Assets and Facilities
• Good Asset and Facilities Management Practice – Part 2
• Sourcing and Outsourcing – who does what and why?
• Procurement Aspects

Defining Level of Service

• Defining the Right Key Performance Indicators
• How to Measure the Contractor Performance
• Vendor Management
• Good Asset and Facilities Management Practice – Part 3
• Life Cycle Management for Assets and Facilities
• Demand Forecasting
• Systems Engineering
• Condition Assessment and Monitoring
• Information and Configuration Management
• Life Cycle Costing (LCC)

Assessment and Implementation Aspects

• Asset Management Assessment – Assessment Tools
• Asset Management Teams
• Changing the Behaviour of People
• Implementation of Asset Management

Who Should Attend?

• All professionals involved in managing or participating in Asset and Facilities Management processes, incl. all staff in the Asset Management and Maintenance department, Facilities Management, Building Maintenance, IT, Operations and Finance
• Anyone who wishes to update themselves on Asset and Facilities Management and how to implement it for the benefit of their organizations