Physical assets don’t last forever and organisations, naturally, seek to derive the most out of these resources during their life cycles. Careful and professional management of these assets is critical for any business, and in the case of physical assets, engineering teams play an essential role in that management.
ISO 55001, an internationally recognised standard in asset management, published in January 2014, places formalised requirements on such teams. It demands that they demonstrate, via independent audit, that they have a management system in place to assure a balance of performance, cost and risk necessary, to achieve required business value from their assets.
This two-day course brings you up to speed with ISO 55001 and gives you the skills and knowledge to master the complex art - or perhaps science - of asset management.
You’ll learn how to set asset management objectives, policies and models; identify the asset life cycle phases; align asset management with business objectives, determine routine maintenance process, decisions, schedules and tasks; apply systems engineering techniques using ISO 15288 as a guide and much more. Please refer to the course in detail section below for full course details.
Download the course Technical Flyer for more details.
Build your Chartered competencies
This training course builds skills and knowledge in the following Engineers Australia Chartered status competencies*:
4. Develop safe and sustainable solutions
6. Identify, assess and manage risks
13. Local engineering knowledge
14. Problem analysis
*Completing this course does not automatically guarantee a competency, it provides participants with the underpinning knowledge required to develop specific Chartered competencies.
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We can bring this course direct to you and your organisation. For groups of six or more we provide cost-effective, customised and outcome-focused in-house training.
Find out more about how we can help you and your team by completing an enquiry form or calling us on +61 3 9321 1700.
This course is particularly useful for concept developers, feasibility analysts, design and verification personnel, builders and installers, operations personnel, those involved in maintenance, renewal, alternations, decommissioning, and disposal.
James (Jim) Kennedy CPEng, CAFM, CAMA is the Director at Interlogis Consulting Pty Ltd. He is a Mechanical Engineer with postgraduate qualifications in Risk Management and in Maintenance Engineering and Management from Swinburne University in Melbourne. He has over 45 years of experience in maintenance and asset management in the aerospace, rail, power, water and defence industries.
For the last 25 years Jim has been directly involved in asset management activities. Jim’s 25-year history with the Asset Management Council and its predecessors was recognised in 2004 when he was awarded the prestigious MESA Medal. Jim currently occupies the role of Sensei in the Asset Management Council.
Asset risk management
Optimising preventative maintenance
Optimising asset renewals
Assuring asset integrity