Asset Management & Lifecycle Planning Training Course

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Asset Management & Lifecycle Planning Training Course
Duration One Week
Price £4100.00
Language English/Arabic

The Asset Management & Lifecycle Planning Training Course, offered by The Dubai Premier Training Centre, is designed to provide professionals with the knowledge, tools, and strategies needed to effectively manage physical assets throughout their lifecycle. In today’s competitive environment, organizations must ensure that assets are planned, maintained, and optimized to deliver maximum value while reducing risks and costs.

This course introduces participants to the principles of asset management, including lifecycle planning, risk assessment, asset performance monitoring, and sustainability considerations. Through a combination of case studies, practical exercises, and expert-led discussions, learners will understand how to align asset management with organizational objectives, regulatory requirements, and long-term business strategies.

By the end of this training, participants will be equipped with the skills to make informed asset-related decisions, improve operational performance, enhance compliance, and extend the useful life of assets.

Course Objective

The main objectives of this course are to:

  • Develop a comprehensive understanding of asset management principles and standards.

  • Equip participants with the ability to design and implement effective lifecycle planning strategies.

  • Introduce frameworks for asset risk management and decision-making.

  • Highlight the importance of sustainability and innovation in modern asset management.

  • Provide tools to improve cost-efficiency, performance, and reliability of physical assets.

  • Prepare participants to align asset management practices with international best practices such as ISO 55000 standards.

    This course is designed for:

    • Asset managers and asset management teams.

    • Facility managers and operations professionals.

    • Maintenance engineers and planners.

    • Project managers involved in infrastructure or industrial projects.

    • Finance and procurement professionals seeking to understand asset value optimization.

    • Government officials and regulators overseeing asset-intensive industries.

    • Anyone interested in developing advanced knowledge in asset lifecycle management.

Course Module

The course is structured into comprehensive modules covering both theory and practice:

  1. Introduction to Asset Management

    • Principles and definitions.

    • Importance of asset management in organizational success.

    • International standards and frameworks.

  2. Lifecycle Planning Fundamentals

    • Stages of asset lifecycle: acquisition, operation, maintenance, renewal, and disposal.

    • Tools for lifecycle cost analysis.

    • Forecasting asset performance and longevity.

  3. Asset Risk Management

    • Identifying asset-related risks.

    • Risk assessment methodologies.

    • Balancing risk, cost, and performance.

  4. Performance Measurement & Monitoring

    • Key Performance Indicators (KPIs) for assets.

    • Reliability-centered maintenance (RCM).

    • Use of technology in monitoring asset health.

  5. Sustainability in Asset Management

    • Incorporating environmental and social factors.

    • Energy-efficient asset planning.

    • Sustainable disposal and renewal practices.

  6. Financial Aspects of Asset Management

    • Asset valuation and depreciation.

    • Budgeting and financial planning.

    • Cost optimization strategies.

  7. Digital Transformation & Innovation

    • Role of digital tools (IoT, AI, data analytics).

    • Smart asset management solutions.

    • Case studies of digital asset management.

  8. Strategic Asset Management Planning (SAMP)

    • Linking asset management with organizational goals.

    • Governance and policy frameworks.

    • Developing long-term strategies.