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DTSTART;TZID=UTC:20240402T080000
DTEND;TZID=UTC:20240402T080000
DTSTAMP:20260419T233142
CREATED:20200812T234403Z
LAST-MODIFIED:20231212T131736Z
UID:5227-1712044800-1712044800@www.binmak.net
SUMMARY:Introduction to Asset Life Cycle Management
DESCRIPTION:Introduction to Asset Life Cycle Management\n			\n				\n				\n				\n				\n				[addtoany]\nbrochure \n\n\n			\n				\n				\n				\n				\n				\n					\n					\n						Course Horizon\n						Asset Life Cycle is a key process within asset management. Asset Life Cycle Management entails the evaluation of combined capital and operating expenditure throughout the asset life cycle in order to optimize the profit generated from the asset. \n The current competitive economic environment has alerted capital-intensive businesses with the need for cost reduction and productivity. Asset life cycle cost is a varying aspect which has to be controlled by managing both internal and external cost drivers\, maintenance and non-maintenance issues. \n					\n				\n			\n				\n				\n				\n				\n				\n			\n				\n				\n				\n				\n				This course intends to consolidate all these fundamentals\, provide knowledge and practical insight into best application of asset management plans and asset life cycle management methodologies and techniques towards new and ageing assets \n			\n				\n				\n				\n				\n				\n					\n					\n						Learning Objectives\n						By the end of this course\, participants should be able to:\n\nUnderstand how to build and maintain effective asset management plans in order realise maximum asset value\nComprehend the significance of asset master data towards effective asset life cycle management\nDetermine the most suitable analysis and modelling techniques in asset life cycle forecasting\, choosing maintenance strategy and optimal life establishment\nGain understanding on procedures for building effective zero-based budgets\, concentrating on improved reliability of critical assets\nDefine requirements of operational readiness and focus for new assets and distinguish the approach towards ageing assets\n\n					\n				\n			\n				\n				\n				\n				\n				\n					\n					\n						Course Content\n						\nIntroduction to Asset Management and Asset Life Cycle Management\nAsset Whole Life Cycle Costing principles\nOptimising the Value of Assets\nProcess of Asset Portfolio Management\n Optimal Capital Investment decision-making\nItem specification and design from user requirements\nAsset Creation and Acquisition including installation and commissioning\nAsset Decommissioning and Disposal\n\n					\n				\n			\n			\n				\n				\n				\n				\n				\n				\n				\n				\n				\n				\n			\n				\n				\n				\n				\n				\n					\n					\n						Who will benefit?\n						\nExecutives and Senior Managers of Asset Intensive Businesses\nProduction and Operations Managers\nAsset and Maintenance Managers \nProject Managers/Engineers\nMaintenance and Production Engineers\nSupervisors\nPlanners\n\n					\n				\n			\n				\n				\n				\n				\n				\n					\n					\n						Delivery Platform\n						\nPublic Training –available at in all cities and towns\nOnsite Training\nVirtual Instructor-Led Training\nE-Learning\nCustomized Training\n\n					\n				\n			\n				\n				\n				\n				\n				\n					\n					\n						Training Duration\n						\nDelivery – 2 days\n\n					\n				\n			\n			\n				\n				\n				\n				\n			\n				\n				\n				\n				\n				\n				\n				\n				\n				\n				\n				\n					\n					\n						Main Elements\n						Delivery\n\nThe 2-day session equips with knowledge and skills to bring competency\nSelf-assessment quizzes and interactive group discussions on each learning areafoster great understanding\nInteractive group sessions and illustrative videos will be delivered to enhance content comprehension\n\n					\n				\n			\n			\n				\n				\n				\n				\n				\n				\n				\n				\n				\n				\n					\n					\n						\n						\n\n\n\n\n\n\n\n\nTechniques\nParticipants shall tackle practical exercises on: \n\nAsset life cycle costing\nOptimising asset portfolio based on individualasset care plans\nDefining user requirements and item specification\nAsset acquisition process\nDisposal of ages assets process
URL:https://www.binmak.net/event/introduction-to-asset-life-cycle-management/
CATEGORIES:Asset Management,Business Performance Improvement
ATTACH;FMTTYPE=image/png:https://www.binmak.net/wp-content/uploads/2020/07/projectManage.png
ORGANIZER;CN="Tawanda Mugombi":MAILTO:learning@binmak.com
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