Asset Management Training

The Asset Management Training Program helps professionals develop practical skills in asset and facilities management. The course covers general building maintenance, facility management, professional development, and fire and life safety.

Furthermore, participants will explore how effective asset management can support organizational strategy and improve operational performance. The program also provides opportunities to discuss relevant workplace challenges through practical workshops and collaborative activities.

Learning Objectives

By the end of this Asset Management Training Program, participants will be able to:

Understand Asset and Facilities Management – Explain key principles and their contribution to organizational strategy.
Explore International Standards – Understand the content and value of international standards for asset management.
Apply Best Practices – Implement effective asset and facilities management practices in the workplace.
Assess Current Practices – Evaluate existing asset and facilities management processes and identify improvement areas.
Develop an Implementation Plan – Create a practical plan for implementing effective asset and facilities management practices.

Overview

Program Overview

The Asset Management Training Program introduces participants to the key principles, processes, and strategies used in effective asset and facilities management. It examines asset management as a business process and explores the Asset Management Landscape Model, strategy frameworks, and the Line of Sight approach.

Furthermore, participants will learn how to develop asset management policies, strategies, goals, and Strategic Asset Management Plans. The program also covers asset management roles, expectations, and responsibilities. Through practical learning, participants will strengthen their ability to align asset management activities with organizational objectives.

Medium of Instruction

The program is delivered in English.

Program Methodology

The training uses an interactive and practical approach. Participants will engage in case studies, role plays, group activities, multimedia presentations, and video clips. These methods encourage active participation and help participants apply asset management concepts to workplace situations.

Certificate of Participation

Upon successful completion of the program, Solomon People Solutions (SPS) will issue a Certificate of Participation to each participant.

Target Audience

This Asset Management Training Program is suitable for professionals responsible for managing assets, facilities, projects, operations, and related business functions.

Engineering and Technical Managers – Professionals responsible for technical assets, systems, and engineering operations.
Project Managers and Project Engineers – Individuals involved in managing asset-related projects and engineering activities.
Operations Managers – Professionals overseeing operational performance and asset utilization.
Maintenance Managers – Managers responsible for maintenance planning, reliability, and asset performance.
Facilities Managers – Professionals managing buildings, facilities, maintenance, and related services.
EHS and Quality Managers – Managers responsible for environmental, health, safety, and quality requirements.
Procurement and Supply Chain Managers – Professionals managing asset procurement, suppliers, inventory, and supply chain activities.

Pre-requisites

There are no entry requirements for the qualification and it is not essential to be an IAM member, however, registration with the IAM is required. Please ensure you are logged in before applying for the IAM Certificate.

Exam Info

Exam Information

Exam Name	Asset Management Training (AMT)
Exam Type	Multiple-choice Questions
Total Questions	60 Questions
Exam Duration	2 Hours
Passing Score	65%
Languages	English, Dutch, French-Canadian, Portuguese-Brazilian, Spanish-Modern
Exam Type	Computer based exam

COURSE SYLLABUS

Asset Management Practice

Risk Management and Stakeholder Engagement

Identifying and Assessing Risk

Identifying Key Asset and Operational Risks
Understanding the Significance of Risk

Business-Level Risk Management

Applying Risk Management at the Business Level
Aligning Risk Management with Organizational Objectives

Stakeholder Management

Identifying Key Asset Management Stakeholders
Building Effective Stakeholder Relationships

Risk-Based Maintenance

Applying Risk-Based Maintenance to Assets
Managing Risks in Facility Operations

Facilities Management Practice

Sourcing & Outsourcing – Resources and supplies
Procurement Aspects
Defining Level of Service
Defining the Right KPI
How to Measure the Contractor Performance
How to Measure the 3rd Party Contractor Performance
Vendor Management

Operation and Practices

Life Cycle Management for Assets & Facilities
Demand Forecasting
Systems Engineering
Condition Assessment and Monitoring
Information & Configuration Management
Life Cycle Costing

Strategy Planning & Implementation Aspects

Asset Management Assessment – Assessment Tools
Asset Management Teams
Changing the Behavior of People
Implementation of Asset Management

Benefits
Schedule & Fee

Benefits

Enhanced Skills: Asset management training equips professionals with the knowledge and skills necessary to effectively manage various types of assets, including financial assets, physical assets, and intellectual property.
Improved Decision-Making: Through asset management training, individuals learn how to make informed decisions regarding the acquisition, utilization, maintenance, and disposal of assets.
Risk Mitigation: Effective asset management training includes strategies for identifying and mitigating risks associated with asset ownership and management.
Cost Reduction: By optimizing asset utilization and minimizing downtime, asset management training can help organizations reduce operational costs.
Compliance and Accountability: Asset management training often covers regulatory requirements and industry best practices, ensuring that organizations remain compliant with relevant laws and standards.
Strategic Planning: Asset management training enables professionals to align asset management practices with the organization’s overall strategic objectives.

Schedule & Fee

Up-coming Schedule:

Please contact us to know about the upcoming schedule.