Introduction to Asset Management
Course Overview
On completing this Introduction to Asset Management course successfully, participants will be able to:
• Understand Asset Management and how it can contribute to the realisation of the corporate strategy of your organisation
• Learn the content and value of the international standards on Asset Management
• Implement effective Asset Management practices
• Evaluate the current state of Asset Management best practices
• Devise an implementation plan for Asset Management
• Participate in the generation and implementation of Asset Management policy, strategy, objectives and plans within their organisations
• Partake in asset-related risk identification, analysis, management processes, and contingency planning
• Recognise the asset lifecycle and the role of suitable tools to optimise the performance, risk, and cost of assets
• Distinguish the information and performance measures needed for effective asset management and evaluate the impact of asset information systems
• Realise the financial implications of asset management decisions for your organisation and translate technical issues into business consequences
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦350000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Introduction to Asset Management
• Introduction to Asset Management
• Business Processes for Asset Management
• Asset Management Landscape Model
• Strategy Framework
• Line of Sight
• Asset Management Policies
• Asset Management Strategy
• Goal Setting
• Strategic Asset Management Plan
• Asset Management Roles: Roles, Expectations, and Responsibilities
Asset Management Practices
• Key Aspects of Asset Management:
o Assets
o Value
o Leadership
o Alignment
o Assurance
• Identifying Risk
• Significance of Risk
• Risk Management on Business Level
• Stakeholder Management
• Risk Based Maintenance for Assets
Facilities Management Practice
• Sourcing & Outsourcing
• Procurement Aspects
• Defining Level of Service
• Defining the Right KPI
• How to Measure the Contractor Performance
• How to Measure the 3rdParty Contractor Performance
• Vendor Management
Operation and Practices
• Assets & Facilities Life Cycle Management
• 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 Behaviour of People
• Implementation of Asset Management
Asset Management Enablers
• Asset Management Enablers
• Whole Life (Cycle) Planning
• Asset Information Management
• Operational and Financial Principles in Asset Management
• Risk Management Principles in Asset Management
• Risk Management Principles in Asset Management
• Value-based Decision-making in Asset Management
1ST BATCH: Monday, March 30, 2026 — Thursday, April 2, 2026.
2ND BATCH: Tuesday, July 21, 2026 — Friday, July 24, 2026.
3RD BATCH: Tuesday, November 17, 2026 — Friday, November 20, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
