Global Learning for Operational Leaders
Course ME-003
Applied Asset Management and ISO 55000
This course provides participants with a broad understanding of ISO 55000 Asset Management principles and methods, of co... The outline covers Organizing your ISO 55000 Asset Management Strategy, Good Leadership that dri...
- 5 daysClassroom or online
- 14Upcoming dates
- 14Cities
- €1,625Fees from
Your week at a glance
- Day 1 Organizing your ISO 55000 Asset Management Strategy
- Day 2 Good Leadership that drives Asset Management
- Day 3 Effective Asset Plans
- Day 4 Stakeholder Engagement in Asset Management & Implementation of Asset Management in the organization
- Day 5 Monitoring the Performance of your Assets & Asset Performance Improvement
Classroom
14 sessions
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Online / Live
14 sessions
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Introduction
Course overview
This course provides participants with a broad understanding of ISO 55000 Asset Management principles and methods, of commonly used asset management terminology, and of international standards. This course is practical and is not an academic study; instead, the primary focus of this course is how to practically implement ISO 55000 Asset Management principles within the workplace.
The course empowers participants to implement asset management principles within their area of the organization. Whether the organization already has an effective asset management process or nothing at all, the course enables participants to implement the key principles within their sphere of control and see improvement in the effectiveness of their asset portfolio.
As well as best-in-class visuals and slides, this course includes a high level of interaction between the facilitator and participants to ensure the course meets their specific requirements. Numerous relevant case studies are utilized to demonstrate key points and a series of exercises are conducted to apply learning and to appreciate key aspects of best practice.
What you will achieve
Learning objectives
- Implement asset management principles within their organization, department, or area of control
- Understand the key principles, tools and terminology of asset management
- Demonstrate how asset management thinking can benefit their organization
- Gain familiarity and comfort in using ISO 55000
- Identify a range of models that will support the implementation of asset management
Who should attend
Target audience
- This course is ideal for maintenance managers, operations managers, asset managers and reliability professionals. Experienced supervisors, planners and functional specialists will also benefit greatly from this course.
Methodology
Learning approach
- This is an interactive course. There are open question and answer sessions, regular group exercises, videos, case studies and presentations on best practice and the fundamentals of reliability improvement. Participants have the option and opportunity to share and discuss their own work experience and to identify issues and enhancements that can be immediately tackled/applied upon returning to their organizations.
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Organizing your ISO 55000 Asset Management Strategy
- How assets can generate value for your organization?
- What are your assets and which ones are you going to actively manage?
- Ensuring your assets support your organization’s objectives
- Coffee break
- Ensuring your assets support your organization’s objectives (continued)
- The key asset management stakeholders and understanding their needs
- The Model of Excellence for Asset Strategy
Day 2
Good Leadership that drives Asset Management
- Creating a strategic Asset Management Plan
- The key roles to make asset management work
- Coffee break
- The key roles to make asset management work (continued)
- Creating an effective Steering Team
- Engaging and maintaining leadership commitment
Day 3
Effective Asset Plans
- The role and impact of good planning
- Creating a practical asset plan
- Coffee break
- Creating a practical asset plan (continued)
- Conducting effective asset management meetings
- How to effectively group and structure your assets for effective management
Day 4
Stakeholder Engagement in Asset Management & Implementation of Asset Management in the organization
- Stakeholder Engagement in Asset Management
- Keeping your asset plans alive rather than collecting dust on a shelf
- Engaging your organization in managing your assets
- Communicating critical information about your assets
- Coffee break
- Information management of your asset management process
- Implementation of Asset Management in the organization
- Creating effective implementation of asset planning objectives
- The Model of Excellence for Maintenance, a holistic approach to asset operation
- Effective contacting strategies for asset operations and maintenance
Day 5
Monitoring the Performance of your Assets & Asset Performance Improvement
- Monitoring the Performance of your Assets
- Monitoring your assets – active and passive monitoring techniques
- Auditing processes and models – a practical implementation of auditing
- Converting audits from a policing to an inspiring process
- Coffee break
- Converting audits from a policing to an inspiring process (continued)
- Asset Performance Improvement
- Incident review and root cause analysis
- Effective failure prevention processes
- Implementing a process and culture of continuous improvement
Course FAQs
Questions about this course
What participants and training managers usually ask before booking Applied Asset Management and ISO 55000. Can't find your answer?
What does Applied Asset Management and ISO 55000 (ME-003) cover?
This course covers Maintenance and Engineering through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 16 - 20 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
This course is ideal for maintenance managers, operations managers, asset managers and reliability professionals. Experienced supervisors, planners and functional specialists will also benefit greatly from this course.
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Barcelona, Dubai, Cape Town, Amsterdam, London, Istanbul, Munich, Paris, Frankfurt, Kuala lumpur, Rome, Vienna, Geneva, Madrid.
How long is the training programme?
The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).
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