Strategic Asset Management Planning Course
Without one, the organization might lose its way; leading to increased costs, reduced uptime, and heightened risks.
Enroll in our ISO 55000-compliant Building a Strategic Asset Management Plan: From Mission to Measurable Outcomes online course to create a comprehensive and targeted strategic asset management plan that gets your EAM operation focused, improving, and aligned with the organization’s objectives.
A Strategic Asset Management Plan is the organization's north star for its enterprise asset management initiatives.
Are you passionate about guiding asset management with precision? Enroll in the Building a Strategic Asset Management Plan: From Mission to Measurable Outcomes course to establish and maintain a successful asset management strategy.
What You'll Get:
- A self-paced, comprehensive, online course
- Course materials and downloads
- Digital badge upon course completion
- Live instructor-led options
- The knowledge to develop the organization's EAM north star
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.
A Strategic Asset Management Plan is your organization's roadmap to efficiency and performance.
EAM is a multi-functional discipline with numerous moving parts – from managing capital projects to maintaining equipment and overseeing MRO supply chain activities. Coordinating these functions to work seamlessly towards a common goal can be complex. A Strategic Asset Management Plan unifies these functions around shared objectives. Learn how to build an ISO-compliant Strategic Asset Management Plan that delivers direction and aligns asset management activities with accomplishing organizational goals.
Learn how to develop a Strategic Asset Management Plan that aligns enterprise asset management with its intended goals and direction.
Estimated time to complete: 1 hour
This course explores the steps to develop a Strategic Asset Management Plan in 8 Lessons:
Lesson 1: Introduction to Strategic Asset Management
Estimated time to complete: 7 minutes
- Gain an understanding of the fundamentals of strategic asset management and its importance to organizational success.
Lesson 2: Mission
Estimated time to complete: 7 minutes
- Learn how to define the mission of Enterprise Asset Management (EAM), outlining its purpose and role within the organization.
Lesson 3: Business Drivers
Estimated time to complete: 6 minutes
- Identify the key factors that influence decision-making and prioritize actions that align with your mission.
Lesson 4: Objectives
Estimated time to complete: 5 minutes
- Understand how to set clear, measurable goals, along with timelines for achieving them.
Lesson 5: Projects and Programs
Estimated time to complete: 5 minutes
- Discover the specific initiatives and actions that will help you achieve your strategic objectives.
Lesson 6: Key Performance Indicators
Estimated time to complete: 6 minutes
- Learn how to use KPIs to track progress and assess whether your objectives are being met effectively.
Lesson 7: Asset Management Policy
Estimated time to complete: 5 minutes
- Examine the executive-level policy that provides the framework for implementing the organization’s Strategic Asset Management Plan.
Lesson 8: Governance Elements
Estimated time to complete: 15 minutes
- Explore the governance processes and strategies that ensure successful implementation and ongoing management of the Strategic Asset Management Plan.
Learners will receive a “Strategic Asset Management Planning Certified” badge upon course completion.
Lesson 1: Introduction to Strategic Asset Management
Estimated time to complete: 7 minutes
Gain an understanding of the fundamentals of strategic asset management and its importance to organizational success.
- What is enterprise asset management
- What is a strategic asset management plan
- Why is a strategic asset management plan important
- How does a strategic asset management plan align enterprise asset
management - What are the functions of a strategic asset management plan
Lesson 2: Mission
Estimated time to complete: 7 minutes
Learn how to define the mission of Enterprise Asset Management (EAM), outlining its purpose and role within the organization.
- What is a EAM mission statement
- How does a mission statement help the asset management operation
- How does the mission statement support the Strategic Asset Management
Plan - What are mission statement requirements
- Review examples
Lesson 3: Business Drivers
Estimated time to complete: 6 minutes
Identify the key factors that influence decision-making and prioritize actions that align with your mission.
- What are business drivers
- What role do they play in the Strategic Asset Management Plan
- What is EAM, CMMS, and ERP software
- What role do EAM, CMMS, and ERP software play in asset management
- Review examples
Lesson 4: Objectives
Estimated time to complete: 5 minutes
Understand how to set clear, measurable goals, along with timelines for achieving them.
- What are SMART asset management objectives
- How do they focus the operation on what to accomplish and by when
- How do asset management objectives fit in the Strategic Asset Management
Plan - Review examples
Lesson 5: Projects and Programs
Estimated time to complete: 5 minutes
Discover the specific initiatives and actions that will help you achieve your strategic objectives.
- What are projects and programs?
- How they help the organization realize objectives
- How do projects and programs help the organization deliver the Strategic
Asset Management Plan - Review examples
Lesson 6: Key Performance Indicators
Estimated time to complete: 6 minutes
Learn how to use KPIs to track progress and assess whether your objectives are being met effectively.
- What are Key Performance Indicators
- How do Key Performance Indicators help the organization measure
performance - Why are Key Performance Indicators important
- Review examples
Lesson 7: Asset Management Policy
Estimated time to complete: 5 minutes
Examine the executive-level policy that provides the framework for implementing the organization’s Strategic Asset Management Plan.
- What is an asset management policy
- Why is an asset management policy important
- How does an asset management policy support the Strategic Asset
Management Plan - Review Strategic Asset Management Plan Roadmap
- Review example
Lesson 8: Governance Elements
Estimated time to complete: 15 minutes
Explore the governance processes and strategies that ensure successful implementation and ongoing management of the Strategic Asset Management Plan.
- What are Strategic Asset Management Plan governance elements
- Why are Strategic Asset Management Plan governance elements important
- How does the Strategic Asset Management Plan and governance work
together
Gain valuable skills that can benefit your career and your organization.
Ready to take the next step? Sign up for our Strategic Asset Management Planning 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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