Edit Content
Asset Management: A Reliability Centered Approach

Asset Management A Reliability Centered Approach

Claim 3 CPD Points

Please inquire for pricing   Available Online and In-class

Date Venue Duration
23 - 25 February 2026 Sandton 3 Days Register Now
06 - 08 May 2026 Gqeberha 3 Days Register Now

Course Introduction

Significance of asset management in the context of deploying new assets and extending the life of aging equipment.

 

Overview of the course’s focus on Asset Management principles, proactive management, and organizational strategy alignment. Emphasis on Reliability Centered Maintenance (RCM) and Root Cause Failure Analysis (RCFA) in improving Asset Lifecycle Management. Application of asset management plans, including case studies on new and aging assets.

Course Objectives

By attending this Asset Management: A Reliability Centered Approach training, delegates will be able to understand: 

  • Understanding Asset Management concepts, activities, principles, and approaches.

  • Aligning with key Asset Management Policies and Frameworks, including PAS 55 and ISO 55000 standards.

  • Generation and implementation of AM policy, strategy, objectives, and plans.

  • Asset-related risk identification, analysis, management, and contingency planning.

  • Managing assets through lifecycle stages: acquisition, operations, maintenance, and disposal.

  • Grasping Reliability Centered Maintenance Principles, Processes, and Maintenance Approaches.

  • Utilizing Data-Driven Management through Computerized Maintenance Management Systems (CMMS).

  • Identifying information and performance measures for effective asset management.

  • Evaluating the effectiveness of asset information systems and current AM practices.

  • Understanding ISO 55000 series as a mechanism to achieve these goals.

Who should attend?

This Prospen Africa Asset Management: A Reliability Centered Approach course is suitable to a wide range of professionals but will greatly benefit:

  • Reliability managers and engineers

  • Plant and Manufacturing managers

  • Asset and Facility Managers

  • Storeroom managers Technicians

  • Continuous Improvement managers

  • Maintenance personnel

  • Logistics supervisors

  • Project managers, Risk Management professionals

  • Financial Managers

  • Quality assurance and control professionals

  • Operations and Maintenance staff

  • Health, safety, and environmental professionals.

Technical courses

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

MODULE 1: Fundamental Asset Management Concepts & Best Practices

  • Definition and scope of Asset Management.

  • Best Practice Asset Management processes & tools.

  • Whole Life Management Approach.

MODULE 2: Asset Reliability

  • Basic concepts and importance of Reliability.

  • Primary RCM principles & Maintenance Approaches.

  • Reliability calculations and models.

MODULE 3: The Asset Life Cycle

  • Understanding the Asset Life Cycle.

  • Stages of Asset Life Cycle: Planning, Acquisition, Operation, Maintenance, Disposal, Replacement.

MODULE 4: The Asset Management Plan (AMP)

  • Linking asset management to organizational planning.

  • Strategy, policy, and development of AMP.

MODULE 5: Key Performance Indicators

  • Development and implementation of KPIs & Metrics.

  • Risk Analysis and Management.

  • Predictive Modelling Methods.

MODULE 6: Incident Investigations & Root Cause Analysis (RCA)

  • Introduction to RCA and its methods.

MODULE 7: Maintenance of Assets

  • Maintenance strategies and approaches.

  • Use of CMMS.

MODULE 8: Spare Parts Inventory Control

  • Management and optimization of Spare Parts Inventory.

MODULE 9: People Management

  • Human elements in Asset Management.

  • Change Management challenges and strategies.

 

This structure provides a clear and concise overview of the course, ensuring that participants understand the scope, objectives, content, and value of attending the training.

Our Categories

Request a Call Back

Your submission has been successful

Please check your email for confirmation

Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

Eswatini Electricity Company
Maintenance Planning and Scheduling
Good course and knowledgeable facilitator
Booysendal Northam
Root Cause Analysis Tools and Techniques
Great course and I am looking forward to do more courses in the near future.
Technology Innovation Agency (Bioprocessing)
Maintenance Planning and Scheduling Training
The course was fruitful and beneficial, I have gained a lot of knowledge about maintenance planning and scheduling.
SU Facilities Management Property Services
Maintenance Planning and Scheduling
Thank you to the facilitator for a Professional Course well done i really enjoyed this week and learned a lot on how to Maintain a Sustainable Work Environment in our work space.
Stellenbosch University
Maintenance Planning and Scheduling
"Very informative and the Facilitator makes it very interesting. Facilitator is very knowledgeable and give practical examples."

Related Courses

Share this Page with Your Colleagues

Facebook
LinkedIn
X
WhatsApp
Email
Print