Introduction
This introductory course to asset management takes the participants on a visually engaging journey through the broad landscape of asset management concepts. A series of interactive exercises will demonstrate how the concepts are applied into practice in a way that will help Water and Wastewater Utilities design strategies to realize value from their assets. Using industry best practices, participants will learn how to plan around risks, develop asset health and condition metrics, manage asset lifecycles strategies, engage stakeholders through Levels of Service and make optimized trade-offs in a context of financial constraints, aging systems, changing regulations, and growth.
Duration
5 Days
Who Should Attend
- Flood Management
- Groundwater
- Water Quality
- Biodiversity and Habitat
- Pollution Prevention and Control
- Regulatory Compliance
Course Level:
Course Objectives
- Explain what Asset Management is and the benefits it has to a Water and Wastewater organization
- Describe the differences between a policy, a strategy and a plan
- Appreciate the importance of a “Line of Sight” across the different level of an organization and across the different service areas
- List some of the global standards for asset management and describe how each of them can be useful
- Analyze risk events using an industry accepted methodology (e.g. Water quality dechlorination events, breaches in operating certificate)
- Identify some of the barriers to the effective operationalization of asset management within an organization
- Describe the key protocols associated with operating and maintaining assets and how these can extend asset life (e.g. water treatment plants, reservoirs, pump stations, pipes)
- Explain how an asset hierarchy is typically developed and applied
- Provide examples how Asset Management helps with financial planning and decision making
- Describe a framework for good practice Capital Investment Planning using asset management principles
Course Outline
Introduction to Asset Management
- History of asset stewardship
- Core principles of ISO 55001
- Policy and Strategy
- Asset Management Plans (AMP)
- The Asset Management System
Asset Information
- Standards and Systems
- Asset hierarchies and data attributes (e.g. pump station facility, mechanical processes, pumps and motors)
- Asset information strategy
- Data and information management (e.g. condition, replacement cost, criticality, etc.
Asset Risk
- Overview of ISO 31000 risk standard
- Identifying risks (e.g. aging infrastructure, growth, seismic resilience)
- Assessment (Analysis & evaluation) of risks
- Treatment of risks,
- Contingency planning
Asset Condition
- Asset health and performance metrics
- Age-based, proxy-based & evidence-based condition
- Benchmarking condition
Asset Lifecycle
- Lifecycle overview
- Creating and acquiring assets
- Operating and maintaining assets
- Disposal of assets
Levels of Service
- Stakeholder mapping
- Leading & lagging indicators
- KPs, metrics and measures
- Performance measurement
Financial Strategies
- Opex, Capex and Totex
- Decision-making criteria
- Prioritization and Optimization
- Multi-objective Decision Making (MODA)
- Asset Reinvestment strategies
People and Continuous Improvement
- Organizational structure and culture
- Governance models
- Resource management
- Process mapping
- Change management
Related Courses
Course Administration Details:
METHODOLOGY
The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
ACCREDITATION
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
TRAINING VENUE
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
ACCOMMODATION AND AIRPORT PICKUP
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
TAILOR-MADE
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
PAYMENT
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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