• views: 252
• date: 2 July 2026
• posted by: voska89

Define asset management and explain its scope and purpose.
Explain how physical assets create, sustain, and protect value over time.
Describe the role of lifecycle thinking, asset hierarchy, and coordinated decision-making in asset management.
Identify the key role players and stakeholders involved in asset management.
Explain how asset management balances performance, cost, and risk.
Differentiate between asset management and an asset management system.
Explain the role of ISO 55000 and the principles of value, alignment, and leadership.
Motivate the importance of asset management and ISO 55000 to organisational performance and long-term value.

Requirements

None

Description

This course contains the use of artificial intelligence. This course provides a practical and accessible introduction to asset management, with a strong focus on how organisations realise value from physical assets over time. Through 18 short lectures, learners are introduced to the foundational principles of asset management and the critical thinking required to support better decision-making across the entire asset lifecycle.
The course explores key concepts such as value, lifecycle thinking, asset hierarchy, stakeholder roles, and the continual balancing of performance, cost, and risk. It explains why asset management should not be viewed solely as a maintenance activity, but rather as an integrated organisational discipline that connects strategy, operations, finance, engineering, and leadership. By understanding this broader perspective, learners gain insight into how asset-related decisions influence long-term business outcomes and sustainability.
Learners are guided through the ISO 55000 framework, the difference between asset management and an asset management system, the Plan-Do-Check-Act (PDCA) cycle, and the principles of value, alignment, and leadership.
Practical examples, real-world context, and knowledge checks are included throughout to support application and enforce learning. The course features engaging video content, a supporting handout on ISO 55001 certification, and module-based quizzes to test understanding.
Developed by Pragma, a global leader in enterprise asset management, this course is backed by over three decades of industry expertise. By the end of the course, you will have the confidence, knowledge, and practical tools to apply asset management principles in real-world decisions.

Who this course is for

Operational managers and supervisors who influence asset-related decisions
Maintenance, engineering, reliability, and technical support personne
Asset managers, planners, and improvement practitioners
Project, procurement, finance, and supply chain professionals involved in asset investment or support decisions
Leaders and managers who need a practical introduction to Asset Management and ISO 55000




   
   
   

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