Asset Procurement, Maintenance & Disposal Management Masterclass

3 Day Training

Dates: 17 – 19 March | 24 – 26 June | 15 – 17 September 2025
Locations: Grayston Ridge Office Park, Sandton
Platform: Available In-Class / Online

Price: Available on Request

Course Introduction

In today’s corporate landscape, effective asset management is essential for operational efficiency and cost savings. This workshop presents a flexible framework suitable for any organization, from individual projects to comprehensive, enterprise-wide programs. It’s particularly beneficial for government officials who have experienced the challenges of a negative audit report.

Course Objectives

The Asset Procurement, Maintenance & Disposal Management Masterclass is designed to empower professionals to:

Understand how to align with regulatory frameworks like GRAP, GAAP, and IFRS.
Learn to update and maintain an accurate asset register.
Gain insight into procurement aligned with legislative requirements.
Master component accounting and disposal methods for assets.
Grasp planning and budgeting for effective asset management.
Implement new Preferential Procurement Regulations.
Differentiate between asset components, repairs, and maintenance.
Navigate the complexities of asset capitalization versus expenditure.

Who should attend?

This Asset Procurement, Maintenance & Disposal Management Masterclass is designed for professionals responsible for managing and overseeing assets, including SLP Managers/Coordinators, HR Managers, and those involved in procurement, particularly within the mining sector.

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:

Understanding the roles and responsibilities in managing hearings.
Handling non-dismissible offences with strategic procedures.
Eliciting information during pleadings effectively.
Making informed sanction decisions.
Communicating and documenting outcomes clearly.
Recording procedures and decisions diligently.

Module 2: Procurement Process as a Driver of Effective Asset Management

Financial treatment of assets under various accounting standards.
Strategies for demand and acquisition management.
Emphasizing the strategic role of asset management for organizational delivery.
Aligning with procurement legislation and asset management frameworks.
The practical application of functionality as a criterion for evaluation.

Module 3: Asset Management and Performance Measurement

Developing safeguarding and maintenance plans.
Operational and maintenance phase planning.
Improving reliability through preventive maintenance and optimal spare stocking.
Asset reconciliation and balance.
Evaluating asset performance based on physical condition, utilization, and financial criteria.

Module 4: Immovable Asset Management

Approaches to appreciation, valuation, and classification.
Strategies for the lifecycle maintenance of immovable assets.
Effective monitoring and evaluation of asset procurement and management.

Module 5: Key Performance Considerations

Ensuring fair treatment and value for money.
Maintaining accountability and managing risk with probity and transparency.
Asset disposal considerations and process management.

Module 6: Immovable Asset Management Branch Functions

Detailing the specific roles of Portfolio Performance and Monitoring (PPM), Portfolio Analysis (PA), and Key Account Management (KAM).
Measuring asset performance effectively.

This enhanced content provides a structured overview of the masterclass, highlighting the practical benefits and outcomes for professionals involved in asset management. If you need further customization or additional information, please let me know.