Asset Management in the Energy Industry
This course will help you to understand the aspects involved in managing physical assets to develop and maintain your own strategic asset management plan. Learn about the asset life cycle, Life Cycle Costing(LCC) and maintenance plan including people and organisational structures based on the recognised standard ISO 55001.
Who is this for?
The course is suitable for engineering, asset management, maintenance and reliability personnel and those working within or managing manufacturing, industrial, mining, oil and gas and energy sectors with responsibility for the application and improvement of physical asset performance, safety and budgets
What will you learn...
Definition of an asset
- What is an asset?
- The relevant standards relating to asset management
- Identify terminology and principles of asset management
Asset Life Cycle
- Understand the asset life cycle and why asset management is important
- Support and manage assets throughout their life cycle
Scope
- Identify the scope of asset management and the decisions that need to be made relating to policy, strategy and the plan.
Economics
- Calculate the ‘simple payback time’ (SPT)
- Explain the meaning of the ‘net present value’ (NPV)
Structure and Processes
- Acquisition, development and implementation
- Operation
- Maintenance
- Decommissioning – remove or repower
Skills and Culture
- Investigate the skills required to manage and improve your asset performance.
- Recognise and address cultural issues associated with the process.
Book You Course Now
Course ID: OG04
Duration: 5 days
Course fee: £3,900.00
Meet your Tutor
Patrick opio
MSc MSc DIC MAPM
Project Managment Proffessional and trainer with nearly 20 years UK and overseas experience in planning and project controls.