This course can be purchased as part of the
Leadership and Management
bundle. Enquire here!
Leadership and Management

AW013 Life cycle activities Part 1

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 is the first of two modules introducing life cycle activities. The module explains the steps in managing an asset from identification of need, through creation and or acquisition, utilization and maintenance, through to decommissioning and disposal. It covers the importance of procedures to manage life cycle activities to realize the maximum value of an organisation's assets. Version number v1j 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:

  • How asset management maximises value from assets over their life and how this supports the delivery of asset management objectives
  • The principal activities performed in order to acquire, operate, maintain and dispose of assets
  • How the life cycle activities interact with each other and other business activities and the importance of communication and collaboration in making this interaction effective, and
  • What is necessary to effectively participate in asset life cycle activities.

Course Content

In Life cycle activities Part 1 we look at:

  • Asset creation and acquisition
  • Asset operation
  • Maintenance delivery
  • Asset decommissioning and disposal

Estimated Duration

The Online Module contains 40-60 mins learning time.

Continual Professional Development

The module will earn you 1 CPD credit.