Master asset procurement, maintenance, and disposal management with expert-led training on compliance, financial treatment, risk management, and performance optimization.
| Date | Venue | Duration | |
|---|---|---|---|
| 07 - 09 October 2026 | Pretoria | 3 Days |
Asset management has become an increasingly important part of organizational best practices. Corporations have realized that effective asset management can provide real benefits and cost savings. Tangible (physical) assets are a vital corporate resource and applying the principles of asset management will ensure this resource input is at the lowest overall cost. The asset management framework provided in this Asset Procurement, Maintenance & Disposal Management Workshop is flexible enough for any organization. You can apply it to a single project, a department, or use it as a basis for an enterprise-wide asset management program. This highly interactive event is meant for government officials who know and understand how it feels to have a bad audit report.
The Asset Procurement, Maintenance & Disposal Management Masterclass is designed to empower professionals to:
Understand the applicable regulatory framework to ensure compliance.
Understand how assets should be treated and reported under GRAP, GAAP and IFRS
Specifications and the application of functionality as a criterial of evaluation
The asset register (how the asset register works, where to obtain information from and how to update the asset register)
Procure assets in line with Legislative requirements
Understand Component accounting of assets
Know how to dispose components
Understand the basic principles of ASM
Track, account for and manage immovable Assets
Planning and Budgeting for Asset Management
Operation and maintenance of Asset
Implement the New Preferential Procurement Regulations
Demonstrate an understanding of the requirements of Asset Management
Differentiating between asset components, Repairs and Maintenance
Asset attachments (how to dispose the asset components and accounting for them)
Differentiating between Asset components, Repairs and Maintenance
Replacement decision of Assets
Transaction process between finance and asset systems
Capitalization of assets vs. expenditure
Preferential procurement of asset
Capitalization of assets vs. expenditure
Procedures for maintaining the fixed asset register
This Asset Procurement, Maintenance & Disposal Management Masterclass is designed for:
Senior government officials
Finance and asset management professionals
Compliance officers
Procurement specialists
Audit and risk assessment personnel
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.
Procurement process as a driver of effective and efficient Asset Management
Asset management under GRAP, GAAP or IFRS Financial treatment of assets plus
associated processes and terminology
Demand management
Acquisition Management
Logistics Management
Disposal Management
The Strategic role of Asset management in an organizations ability to deliver.
Procurement Legislation and Assets Management (PFMI/MFMA, PPPFA, GIAMA, SABS Standards, Sector Specific Act)
Understand the applicable regulatory framework to ensure compliance.
Implement the New Preferential Procurement Regulations 2017
Specifications and the application of functionality as a criterial of evaluation
Legal status of bid packages correspondence
Evaluation procedures
Evaluation and adjudication
Power to adjudicate
References
Industry standards
Precedent to be followed
Alterations to awarded bids
Changes in bidder’s circumstances
Inclusion of all relevant clauses in bidding packages
Retroactive approval
Availability of funds
End of activity report
Reselling from agreements
Effective Asset Register.
Features of an asset register.
Composition of an Asset Register.
Processes within a life cycle of an asset.
Minimum requirements for an Asset Register.
Asset Threshold.
Recording and maintenance of assets in an asset register.
The responsibility of the maintenance and establishment of an asset register:
Asset record and bar-coding.
Asset verification.
Valuation.
Asset number and location.
Depreciation
Revenue and Asset Management
Recommendation of systemic improvements
Management of contractors registration system
Establishment of committees and delegation of power
Operational modalities of sub-committees
Obtaining of information
Redressing complaints
Dispute resolution
Identify and Implement Maintenance Requirements
Safeguarding and maintenance plan.
Operation and Maintenance Phase.
An operation plans
A maintenance plan Measurements to assess
asset performance
Reliability Improvement through Preventive Maintenance and Optimal Spares Stocking
Policies
Analysis of component failure data
Exercise in analysing component failure
Component replacement procedures including Glasser’s Graph
Case studies in component preventive replacement
Spare parts provisioning
Case studies in spares provisioning
Group and individual exercises
Asset Reconciliation and balancing Identify and Implement Maintenance
Requirements
Safeguarding and maintenance plan
Operation and Maintenance Phase
An operational plan
A maintenance plan
Measurements to assess asset performance
Asset performance measurements can usually be associated with the following:
Physical condition
Functionality
Utilisation
Financial performance
Financial statements
Immovable assets
Immovable asset management and treatment of infrastructural assets
Appreciation, valuation, and classification
Accounting and tracking of plant, buildings and PPP
The life cycle maintenance costing of immovable assets
Verifications and condition assessments
Monitor and evaluate asset procurement, usage and management.
External obligations
Procurement for external obligations
Derogation
Fair treatment
Value for money
Open and fair competition
Accountability
Risk management
Probity and transparency
Contribution to other entities
Discrimination and under pricing
Evaluating asset performance
Criteria for assessing maintenance
performance
Measurement of the Elements of Financial Statements
Asset Transfers between organizations and entities
Exchanges of Assets
Operations and Maintenance Phase
Enhancements/Rehabilitation
Maintenance/Refurbishment
Criteria for assessing maintenance
performance
Disposal Management
General considerations.
Disposal phase.
Disposal process.
Thefts and losses
Immovable Asset Management
Asset Management unit’s specific purpose to the State. In order to achieve this, the Asset Management branch has the following three
Chief Directorates:
Portfolio Performance and Monitoring
(PPM)
Portfolio Analysis (PA)
Key Account Management (KAM)
Asset performance measurement
Discover how our courses enhance professionals’ effectiveness in their workplaces.
Fill in your details and we will send the brochure to your email.
Please check your email for confirmation.
Please check your email for confirmation.
Please check your email for confirmation.
We'll be in touch with you shortly.
