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HomeTrainingEstablishing an Asset Management StrategyOverview of Assessment and Improvement Strategy

HomeCourseOverview of Assessment and Improvement Strategy

Overview of Assessment and Improvement Strategy

Overview of Assessment and Improvement Strategy

About This Workshop

This one-day workshop provides an overview of the complete process for conducting an asset performance management assessment and defining an effective improvement strategy. Participants will learn the core elements of a world-class asset management system, techniques for gathering accurate data, methods for quantifying financial benefits, and strategies for driving sustainable organizational change. Through interactive discussions and real-world examples, attendees will gain the knowledge needed to lead successful asset management transformation initiatives within their organizations.

Key Benefits

  • Understand the fundamental components of an effective asset performance management process
  • Learn how to systematically assess an organization’s current asset management practices
  • Develop skills for analyzing production, maintenance, and quality-related cost savings opportunities
  • Gain frameworks for designing an actionable improvement plan with clear priorities and success metrics
  • Explore strategies for fostering a culture of equipment reliability and continuous improvement
  • Acquire tools for building buy-in and aligning cross-functional stakeholders around asset management initiatives

Learning Formats

  • Interactive lectures with case study examples
  • Facilitated group discussions
  • Individual and team-based exercises

What Will You Learn?

  • The core elements of a world-class asset performance management process and how to evaluate an organization's current state.
  • Techniques for conducting comprehensive assessments, including data gathering, validation, and analysis 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 and communication frameworks for driving organizational change and sustaining transformation efforts.

Course Content

Introduction to Asset Performance Management

  • Defining the fundamental components of an effective asset management system
  • Understanding the technical, organizational, and cultural drivers of sustainable equipment reliability

Conducting a Comprehensive Assessment

Quantifying the Financial Impact

Defining an Improvement Strategy

Leading Organizational Change