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Asset Management & ISO 55000

Maximizing Returns from Capital Investments
Asset Management: A to Z of Best Practices

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Why Choose Us

The Asset Management & ISO 55000 training course helps professionals in capital-intensive industries optimise the management of plant and equipment. It addresses asset management’s essential role in supporting cost-effective, trouble-free operations throughout the asset lifecycle. Participants examine how cross-functional alignment can minimise lifecycle costs within today’s fast-paced environment. Relevant functions include new project management, commissioning, operations and maintenance teams.

The course explores ISO 55000 in depth, including its relevance to modern and strategic asset management practices. It combines recognised best practices with practical methodologies for managing organisational assets effectively. Through real-world applications, case studies and practical exercises, delegates learn how to implement the ISO 55000 framework within their organisations. It equips newcomers and those refreshing their skills to apply industry-leading practices and strategies that enhance asset management system efficiency and reliability.

This Asset Management & ISO 55000 training course will highlight:

  • ISO 55000 principles and their relevance to modern asset management
  • Cost-effective and trouble-free management of plant and equipment
  • Cross-functional alignment across projects, commissioning, operations and maintenance
  • Lifecycle cost reduction through coordinated asset management
  • Practical implementation of the ISO 55000 framework
  • Asset management practices that support system efficiency and reliability
Why Choose Asset Management & ISO 55000
Course Goals

What are the Goals?

Upon completing this Asset Management & ISO 55000 Training Course, participants will possess a strong grasp of best practices and be ready to positively influence their organization’s asset management practices. In particular, delegates will:

  • Gain an understanding of best practices for effective asset management in accordance with the ISO 55000 framework.
  • Explore and implement essential asset management strategies through practical exercises and real-world case studies.
  • Understand how to reduce the technical and human risks associated with asset management.
  • Create actionable plans for incorporating these practices into their organization’s asset management strategy.
  • Evaluate the effectiveness of asset management enhancements and promote continuous learning across their organization.

Who is this Training Course for?

This Asset Management & ISO 55000 (MN319) training course is designed for:

  • Asset Managers
  • Asset Management Specialists
  • Maintenance Managers
  • Engineering Managers
  • Operations Managers
  • Facilities Managers
  • Reliability Engineers
  • Maintenance Engineers
  • Plant Managers
  • ISO Management System Practitioners
Learning Approach

How will this Training Course be Presented?

The Asset Management & ISO 55000 training course uses a combination of established adult learning methods to maximise participation and knowledge retention. These include:

  • Structured lectures addressing essential principles and concepts.
  • Participatory exercises developed to put knowledge into practice in real-world situations.
  • Applicable case studies demonstrating practical uses within asset management.
  • Discussion sessions promoting the exchange of ideas and experiences across different industries.

This course is intended for professionals engaged in managing or implementing asset management processes, with each section organised to support learning through both theory and practice.

The Course Content

Principals of Asset Management

  • Asset Management as a business process
  • Asset Management scope & definitions
  • Asset Management strategy & planning
  • Asset Management roles
  • ISO 55000 – the international standard on Asset Management

Assessing & Managing Asset Management Risks

  • Risk in Asset Management
  • Risk on business level
  • Stakeholder risks
  • Risk on asset level – Risk Based Maintenance

Asset Management Policy, Strategy and Planning

  • Asset Management Policy
  • Developing (Strategic) Asset Management Plan(s)
  • Implementing (Strategic) Asset Management Plan(s)
  • Long Term Maintenance & Investment Planning
  • Information and configuration management

Managing Asset Lifecycle Decisions & Activities

  • Life cycle of assets and its aspects
  • Systems Engineering & RAMS (Reliability Availability Maintainability Safety)
  • Renewal, disposal and lifetime extension decisions
  • Sourcing

Financial & Business Impact of Asset Management

  • Financial Management – basics
  • Life Cycle Costing
  • The business case for Asset Management
  • Wrap-up
Recognition

Certificate

  • • Wallstreet Development Academy Certificate of Completion for delegates who attend and complete the training course.

Frequently Asked Questions

The course focuses on asset management and ISO 55000 in the context of maximizing returns from capital investments. It presents asset management best practices from an end-to-end perspective. The emphasis is on connecting structured asset management with investment value.
The course covers ISO 55000 as a central part of structured asset management. It places the standard within the wider subject of asset management best practices. The available course information does not specify individual clauses or detailed standard requirements.
Yes, the course is positioned as an A-to-Z overview of asset management best practices. It combines this broad perspective with a focus on ISO 55000 and capital investment returns. The provided course information does not list the individual practices covered.
This course is relevant to professionals seeking a broader understanding of asset management, ISO 55000, and capital investment value. It may be useful where work involves managing assets or considering returns from capital investments. The provided course information does not identify specific job titles or prerequisite experience.
You will learn about asset management best practices and the role of ISO 55000. The course relates these principles to capital investments and the goal of maximizing returns. It provides a broad A-to-Z view rather than focusing on only one aspect of asset management.
The training connects asset management practices with the objective of maximizing returns from capital investments. It frames assets as investments whose value should be managed systematically. This helps participants consider asset management in relation to broader investment outcomes.
The course builds understanding of structured asset management, ISO 55000, and best-practice thinking. It also develops awareness of how asset management can support stronger returns from capital investments. Specific exercises or assessment methods are not described in the available information.
The main outcome is a broader understanding of how asset management best practices and ISO 55000 relate to capital investment returns. Participants can expect to strengthen their perspective on managing assets in a structured, value-focused way. No specific certification or accreditation outcome is stated in the available course information.

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