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HomeTrainingEstablishing an Asset Management StrategyLeading an Assessment and Defining an Improvement Strategy

HomeCourseLeading an Assessment and Defining an Improvement Strategy

Leading an Assessment and Defining an Improvement Strategy

Leading an Assessment and Defining an Improvement Strategy

About This Workshop

This comprehensive three-day workshop guides participants through the complete process of conducting an in-depth assessment of an organization’s asset performance management practices and then defining an effective improvement strategy. Participants will learn how to systematically evaluate the technical, organizational, and cultural elements that drive sustainable equipment reliability and performance. The workshop combines expert instruction, interactive case studies, and hands-on application to equip attendees with the knowledge and skills needed to lead successful asset management transformation initiatives.

Key Benefits

  • Understand the core elements of a world-class asset performance management process and how to assess an organization’s current state
  • Learn techniques for gathering accurate information through interviews and data analysis to identify opportunities for improvement
  • Develop the ability to quantify the financial benefits of enhanced asset management and build a compelling business case
  • Gain strategies for driving organizational and cultural change to support the adoption of new reliability best practices
  • Create a structured action plan with clear timelines, resource requirements, and success metrics
  • Learn effective leadership and communication skills to guide cross-functional teams through transformation initiatives

Learning Formats

  • Interactive lectures with real-world examples
  • Group exercises and case study discussions
  • Guided application of assessment tools and financial analysis techniques
  • Collaborative action planning sessions

 

What Will You Learn?

  • The core elements of an effective asset performance management process and how to evaluate an organization's current state.
  • Techniques for conducting comprehensive assessments, including interview best practices and data validation methods.
  • Approaches for quantifying the financial impact of improved asset management, including production, maintenance, and quality-related benefits.
  • Strategies for defining an actionable improvement plan with clear priorities, resource requirements, and success metrics.
  • Leadership skills for driving organizational change and fostering a culture of equipment reliability.
  • Communication frameworks for building buy-in and aligning cross-functional stakeholders.

Course Content

Introduction to Asset Performance Management

  • Overview of the asset performance management process and its core elements (based on APM Assessment Overview)
  • Importance of aligning asset management with organizational goals and priorities

Establishing Assessment Objectives and Scope

Conducting a Comprehensive Assessment

Quantifying the Financial Impact

Developing an Action/Project Plan

Ensuring Organizational Readiness

Securing Management Commitment

Driving Cultural Transformation

Establishing Monitoring and Control Mechanisms

Sustaining the Asset Management Transformation