Professional training 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 commonly used asset management terminology, and of…
- 5 daysClassroom
- 14Upcoming dates
- 14Cities
- £2,250Fees from
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.
Course MethodologyThis 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.
Course ObjectivesBy the end of the course, participants will be able to:
- 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
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.
Target Competencies- Asset Management
- ISO 55000
- Asset Plans
- Reliability
- Performance Improvement
Course outline
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1Day 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
- The key asset management stakeholders and understanding their needs
- The Model of Excellence for Asset Strategy
-
2Day 2: Good Leadership that drives Asset Management
- Creating a strategic Asset Management Plan
- The key roles to make asset management work
- Creating an effective Steering Team
- Engaging and maintaining leadership commitment
-
3Day 3: Effective Asset Plans
- The role and impact of good planning
- Creating a practical asset plan
- Conducting effective asset management meetings
- How to effectively group and structure your assets for effective management
-
4Day 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
- 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
-
5Day 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
- Asset Performance Improvement
- Incident review and root cause analysis
- Effective failure prevention processes
- Implementing a process and culture of continuous improvement
Schedule
Dates and fees
14 upcoming dates in 14 cities. Fees are per delegate; bring colleagues and every seat is discounted.
No dates in this city right now. Request a quotation and we will suggest the nearest date.
Questions
Frequently asked questions
How long is the Applied Asset Management and ISO 55000 course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Applied Asset Management and ISO 55000 course?
The next public date is 16 - 20 Nov 2026 in Barcelona. There are 14 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Barcelona, Dubai, Cape Town, Amsterdam, London, Istanbul, Munich, Paris, Frankfurt, Kuala Lumpur, Rome, Vienna, Geneva, Madrid.
How much does the course cost?
Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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