By the end of this course, participants will learn to:
• Learn the asset management knowledge required by the GFMAM Competency Specification for an ISO auditor/assessor.
• Describe how the ISO 55000 Standard aligns with other strategic organizational objectives
• Understand the business benefits of an integrated suite of technical and financial asset management decision -making processes.
• Develop an integrated suite of processes that develop defensible maintenance budgets.
• Understand how organizational elements can support an asset management system and improve business outcomes.
• Successfully prepared for the CAMA Exam.

This course will provide participants with:

• Guidance regarding the development, implementation & maintenance of an organization’s asset management system in the context of ISO 55000.
• It will also help participants to prepare for the CAMA certificate.

There will be many opportunities for discussion and sharing experiences in addition to:-

• Pre-Course Questionnaire
• Interactive Sessions
• Mock Tests.
• Post Course Assignments
• Comprehensive Learning Kit.

Day 1

Program Introduction & CAMA Certificate Overview

• CAMA Certificate Overview
• CAMA Exam Registration
• CAMA Exam Setup
• CAMA Recommending Reading
• CAMA Frequent-Asked Questions

ISO 55000 Suites Introduction

• Key Terms and Definitions ISO 5500X
• The context and background to ISO 55000
• Evolution of Asset Management (The journey from BSI PAS 55)
• The benefits of applying ISO 55000
• The ISO 55000 family of standards
• Asset Management Concept Module
• ISO 55001 Clauses

Group discussion

Day 2

Asset Management Introduction

• The Ultimate Goal of Asset Management
• Asset Management System Model
• Asset Management as a Business Process
• Asset Management Scope & Definitions
• Asset Management Conceptual Model
• Asset Management Strategy & Planning
• Asset Management Roles – about roles, expectations, and responsibilities that asset management is & isn’t
• Assets, asset systems, and asset portfolios

Asset Management Benefits

• The main benefits of an asset management approach
• Benefits to different stakeholders and businesses
• Communicating the benefits of asset management
• Asset Management Misconception

Discussions & Quiz 

Day 3

GFMAM Asset Management Landscape

• GFMAM six principles of asset management.
• GFMAM 39 Subjects of Asset Management
• GFMAM Asset Management Subjects and their links to ISO55000, and the AMBoK

Asset Management Strategy & Planning

• Asset Management Policy
• Asset Management Strategy & Objective
• Demand Analysis
• Strategic Planning

Asset Management AM Decision Making

• Capital Investment Decision-Making
• Operation & Maintenance Decision Making
• Life Cycle Value Realization
• Resource Strategy
• Shutdown & Outage Strategy

Asset Life Cycle Delivery (Management of Physical Asset Over the Entire Lifecycle)

• Technical Standards & Legislation
• Asset Creation & Acquisition
• System Engineering
• Configuration Management
• Maintenance Delivery
• Reliability Engineering
• Asset Operations
• Resource Management
• Shutdown & Outage Management
• Fault & Incident Response
• Asset Decommissioning & Disposal

Discussions & Quiz  

Day 4

GFMAM Competency Specification for an ISO 55001 Asset Management System Auditor/Assessor

• Asset Management Competency Context
• Roles and Responsibilities
• Competency requirements
• Background & Prerequisites
• Bloom’s Taxonomy of Learning

Asset Information and the  Asset Management Information System (AMIS)

• Asset Information Strategy
• Asset Information Standards
• Asset Information Systems
• Data & Information Management
• Role of data to support decisions and the role of Asset Metadata
• Business Information Management

Organization & People

• AM leadership emphasized in the ISO 5500# suite.
• Organizational Structure
• Organization Culture
• Competence Management

Day 5

Risk Management & Continual Improvement

• Risk Assessment & Management
• Contingency Planning & Resilience Analysis
• Sustainable Development
• Management Of Change
• Challenge of Change
• Change Drivers
• Change Outcomes
• Change Process
• Change Environment
• Assets Performance & Health Management
• Asset Management System Monitoring
• Management Review, Audit & Assurance
• Asset Costing & Valuation
• Stakeholder Engagement

The development of a Continual Improvement

• Monitoring
• Failure Reporting and Condition Assessment Systems
• Feedback loops

• Discussions & Quiz 
• Online Exam