Asset Management & ISO 55000

Asset management is vitally important for all capital-intensive industries which rely on cost effective and trouble-free operation of their plant and equipment. Getting the right dialogue taking place between cross functional groups such as new project, commissioning, operation & maintenance is necessary so that joined up thinking takes place and the life cycle costs of assets are minimized. This intensive asset management training course will help to give focus on the drive to improve management practices by presenting standards, methodologies and guidance how to set up good asset management. This Asset Management Course will feature how the international standard on Asset Management, ISO55000, can be used to implement the best and latest practices.

This Asset Management & ISO 55000 training course discusses in depth the key features involved in asset management throughout the life cycle of equipment. Best practices drawn from a range of different industries are introduced. In addition, the skills, attitudes and competencies necessary for effective asset management are fully discussed. The latest tools and techniques are introduced and explained with a minimum of jargon so that delegates can see how to use them in their situation. The asset management standard ISO 55000 series is introduced and reviewed. The link between its sections and important aspects of asset management which have been discussed is highlighted. Where to obtain further information about the standard and how to assess one’s organization against it are discussed.

This Asset Management Course will feature:

• The asset management system, organization & risk-based framework specified in ISO 55000 series
• Life cycle costing advantages and issues
• Asset policies & strategies derived from the business plan
• Formulating effective asset management plans and ensuring that they are carried out
• Continuous improvement and the learning organization

At the end of this Asset Management training course:

Delegates will be able to make a substantial, positive impact on the asset management best practices within their organization, specifically:

• Provide a step-by-step guide to Asset Management best practices (as part of ISO 55000)
• Understand best practice techniques for achieving effective asset management
• Discuss & learn the practical application of these best practices, through case studies & exercises
• Understand the range of technical & human risks associated with asset management & how they can be mitigated
• Develop an action plan to utilize these technologies in their own areas of responsibility, fitting them into the overall asset management strategy, and measuring benefits

At Aztech Saudi, we believe that professional development is the foundation of long-term career success. This training course is expertly designed to equip individuals with practical skills, forward-thinking strategies, and the confidence to navigate today’s dynamic work environments. Each course is delivered by subject matter specialists with extensive industry experience, ensuring that every learning experience is relevant, impactful, and aligned with real-world challenges. Whether you're looking to strengthen your technical expertise, enhance leadership abilities, or stay ahead of industry trends, Aztech Saudi provides the tools you need to elevate your performance and deliver measurable value to your organization.

Our training is more than just knowledge transfer—it’s a catalyst for career transformation. By participating in our courses, professionals gain a competitive advantage in their fields, improve their decision-making capabilities, and position themselves for new opportunities and leadership roles. We take pride in supporting individuals across various sectors and career stages, helping them unlock their full potential through high-quality, globally benchmarked learning experiences. With Aztech Saudi as your development partner, you’re not only investing in education—you're investing in a stronger, more successful future.