Core Principles of Asset Management Course
Master the essentials of asset management. Bring your organization up to speed on the importance and necessity of asset management with our comprehensive online course, Core Principles of Asset Management: A Foundation for Effective Practices.
Learn the Fundamentals of Asset Management
Eager to enhance your enterprise asset management? Our Core Principles of Asset Management: A Foundation for Effective Practices Course zeroes in on the critical areas essential for improvement.
What You'll Get:
- A self-paced, comprehensive, online course
- Course materials and downloads
- Digital badge upon course completion
- Live instructor-led options
- Comprehensive and foundational grasp of asset management
Who Should Take this Course?
This online course offers valuable insights for all members of an organization, from maintenance experts to those simply interested in asset management. Rooted in industry-validated standards, it is relevant and beneficial to any organization that depends on assets.
Discover the Essential Components that Fuel the Success of EAM
Unlock the potential of your organization with our Asset Management Principles Course. Dive into the fundamentals of enterprise asset management, discover its significant benefits, and learn the key elements that drive success. Start implementing these insights immediately to enhance your EAM operation.
Learn how to apply core asset management principles – Technology, Organization, Practices, Content, and Performance Management – to achieve successful outcomes.
Estimated time to complete: 2 hours
This course explores key principles for asset management success in 7 Lessons:
Lesson 1: Introduction to Strategic Asset Management
Estimated time to complete: 15 minutes
- Gain an understanding of the fundamental concepts and importance of strategic asset management.
Lesson 2: Key Principles of Asset Management
Estimated time to complete: 5 minutes
- Break down the critical success factors that drive effective asset management.
Lesson 3: Technology
Estimated time to complete: 7 minutes
- Discover the software systems and tools that support the efficient management of physical assets within an organization.
Lesson 4: Organization & Management
Estimated time to complete: 10 minutes
- Understand the overarching vision, goals, organizational structure, and leadership necessary for successful asset management operations.
Lesson 5: Practices
Estimated time to complete: 10 minutes
- Delve into the essential business rules, processes, and procedures that guide asset management activities.
Lesson 6: Content
Estimated time to complete: 10 minutes
- Explore the critical role of content in asset management, including master data, transactional data, and standardized naming conventions required for actionable insights.
Lesson 7: Performance Management
Estimated time to complete: 70 minutes
- Learn how to establish key performance indicators and auditing practices to assess asset management effectiveness and drive continuous improvement.
Lesson 1: Asset Management Introduction
Gain an understanding of the fundamental concepts and importance of strategic asset management.
- What is an asset.
- What is asset management.
- Why is asset management important.
- Who does asset management.
- Benefits of good asset management.
Lesson 2: Key Principles of Asset Management
Break down the critical success factors that drive effective asset management.
- Review of EAM information and its role in creating successful asset
management. - Overview of key asset management success drivers.
Lesson 3: Asset Management Technology
Discover the software systems and tools that support the efficient management of physical assets within an organization.
- What roles does technology play in asset management.
- What is EAM, CMMS, and ERP software.
- What role do EAM, CMMS, and ERP software play in asset management.
Lesson 4: Organization and Management
Understand the overarching vision, goals, organizational structure, and leadership necessary for successful asset management operations.
- What is an asset management strategy
- What are asset management objectives
- How does an asset management policy establish a mandate for the
organization - What are asset management functions, roles and responsibilities
Lesson 5: Practices
Delve into the essential business rules, processes, and procedures that guide asset management activities.
- What are the practices, processes and procedures for managing physical
assets - Review of work (maintenance) management business processes
- Review of MRO supply chain business processes
Lesson 6: Content
Explore the critical role of content in asset management, including master data, transactional data, and standardized naming conventions required for actionable insights.
- What is asset management software content
- Why is content important to reporting and analysis
- How can content be used to improve EAM operations
Lesson 7: Performance Management
Learn how to establish key performance indicators and auditing practices to assess asset management effectiveness and drive continuous improvement.
- What are KPIs (Key Performance Indicators)
- Why is measuring the operation important
- How do KPIs and asset management objectives work together
- What is auditing and how can that improve asset management operations
Gain valuable skills that can benefit your career and your organization.
Ready to take the next step? Sign up for our Core Principles of Asset Management: A Foundation for Effective Practices course and begin charting a path to success for yourself and your organization!
Why Choose EAM Library?
SwainSmith has empowered asset-intensive industries since 1997, helping clients reduce downtime, mitigate risks, and cut costs with the EAM Library’s proven resources. Join 500+ organizations optimizing their systems today! We excel in guiding asset-heavy operations through the optimal strategies of enterprise asset management. Collaborate with us to improve your asset and MRO management.
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