Maintenance management

Asset management strategy

Develop and maintain a Strategic Asset Management Plan

2 days

Next available: Virtual classroom, 22 Sep 2025

Course	Location & Date
Asset management strategy

10% early bird discount applied
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Members:
£1,095.00 £985.50 Plus vat

Non Members:
£1,350.00 £1,215.00 Plus vat

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Summary

Develop and maintain a Strategic Asset Management Plan

This course provides a detailed understanding of the processes required to manage your physical assets by creating an Asset Management Strategy. Aimed at managers, supervisors and those who have responsibility for the delivery of company objectives associated with the effective acquisition, deployment, operation and maintenance of company assets including goal setting, risk management, prioritisation and personnel challenges as described in ISO55001 and similar best practices.

This course explores the definition of assets and asset management, identifies the necessary structures and processes that are required to support and manage assets throughout their life cycle and introduces the many tools and techniques required to optimise the application and operation of physical assets to deliver the very best return on capital employed to the.

Who should attend?

Engineering, operations, asset managers and maintenance managers and directors working within manufacturing, industrial, utilities and commercial sectors, particularly asset intensive organisations.

How will I benefit?

After the course you will be able to:

Understand the extent and meaning of assets and asset management
Develop a policy, strategy and plan for asset management within your organisation
Identify the asset life cycle and the structures needed to support assets at each stage within their life cycle
Recognise and address the organisational and cultural issues associated with the introduction, implementation and sustainment of asset management processes
Lead and inspire your staff to embrace and apply best practice asset management within your organisation
Prepare you organisation for the requirements of ISO 55001 and future accreditation against the standard

Verified by an engineer, Nick Gill
"This course gives an engineer a really comprehensive foundation in the elements of an asset management system and asset management in general."
Read more

Contributes 14 CPD hours

Good course from a very knowledgeable tutor.

Simon Dillon AWE

Key topics

Understanding asset management, defining and managing assets throughout their life cycle
Asset acquisition best practice including the use of life cycle costing (LCC) and early equipment management (EEM) techniques
Asset operation best practice including operator development and training, standard operating procedures, continuous improvement, data collection and metrics, performance management and operator asset care.
Asset maintenance best practice including organisational requirements, maintenance plan development, work management process, spares and materials management and production engagement
Asset appraisal and disposal issues including asset condition appraisal, repair, refurbish, replace decisions and disposal requirements
The ISO 55001 standard, its requirements and the route to accreditation
Developing an asset management strategic plan and the implementation issues including culture change and organisational alignment.

Verified by an engineer, Amer Abdulwahab Saeed
"What I learned on the course has reduced the amount of time lost due to breakdowns and has also saved us a lot of money."
Read more

Meet our trainers

These trainers regularly teach Asset management strategy.

Matthew Laskaj

Matthew is the Chair for the Institution of Mechanical Engineers Scottish Region and director of a successful engineering and training consultancy. With more than 25 years experience in a variety of countries worldwide, he has worked in a range of industries including manufacturing, food and beverage, refining, offshore oil and gas and renewable energy.

In-house and bespoke training

Tell us your team's CPD needs and we'll come to you with a specialised training programme, customised for your engineering sector.
Contact our advisors if you need help finding the most appropriate training for your team.

At a glance

Duration:

2 days
Location:

Virtual classroom
CPD Hours:

14
UK-Spec:

B, C, D, E

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Train your team

Tell us your team’s development needs and we’ll come to you with a specialised training programme, customised for your organisation.

What options are available?

Off the shelf – we can deliver any of our training courses at your chosen location, providing you with a cost-effective and efficient solution
Tailored courses– our personalised programmes can help you work through issues specific to your team or sector and equip you with the practical tools you need to move forward
Blended programmes – we use a range of delivery methods, development subjects and performance resources to ensure your team have the knowledge and skills they need to help your business thrive

More about in-house and tailored training.