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Leadership and Management

AW012 Asset and Asset Management System Performance

This course is in the base subscription pack
Category
Leadership and Management
Bundle - Sub Category
Course Duration
1:00
Subject Matter Expert
Asset Wisdom
Provider
Asset Wisdom

The module covers the role of AM performance monitoring to aid the achievement of an organisation's AM objectives. It explains the importance of clear performance indicators and measurement processes, including for 'Continual Improvement' activities. The module is part of the Risk and Review subject group, a group that plays a major part in the AM landscape. Version number v2i last reviewed 01/06/2020

Target Audience

Those working in sectors where managing assets is important, e.g. Utilities, Facilities Management, Local Authorities.

It is suitable for those new to AM and experienced practitioners needing to check and/or prove their knowledge.

The module can be accessed on any Smart mobile, tablet, laptop or desktop.

It is created by Asset Wisdom using internationally recognised AM specialists.

The module features:

  • Professional audio
  • Animation and interactivity
  • Formative and summative assessments

It is one of 14 modules in the Asset Wisdom Certificate Course that's mapped to the IAM Certificate exam. They cover the GFMAM's and IAM's 39 subjects that describe the scope of AM.

Learning Outcomes

This module will provide you with an understanding of:

  • The importance of monitoring the health and performance of assets, AM activities and the AM system as a whole
  • The importance of aligning asset performance measures to the delivery of AM objectives, and examples of Key Performance Indicators (KPIs) used by organisations
  • The need to define non-conformance or failure criteria within performance measures and the need for appropriate action plans and responses, and
  • The importance of performance measures to the 'Continual Improvement' process.

Course Content

In Asset and Asset Management System Performance we look at:

  • Why we measure assets
  • Performance indicators
  • Measurement processes
  • How performance measures play a key part in the 'Continual Improvement' process

Estimated Duration

The Online Module contains 40-60 mins learning time.

Continual Professional Development

The module will earn you 1 CPD credit.