Infrastructure Asset Management & ISO 55000 Series

Course Introduction

Effective management of public infrastructure—ranging from railways, roads, waterways, bridges, and tunnels to utility networks for gas, water, and electricity, as well as wastewater treatment plants, ports, and airports—has become increasingly vital in recent years. With growing demand, aging assets, limited resources, budget constraints, operational efficiency challenges, tighter output regulations, and climate change pressures, there is an urgent need to manage these physical assets proactively and with a lifecycle perspective.

Asset management is now widely recognized as a key driver for making better investment decisions in the public infrastructure sector. Regulators now require organizations to develop asset management strategies that align with their overall corporate goals. By adopting proven asset management practices, organizations can effectively support their strategic objectives and demonstrate tangible results.

This Infrastructure Asset Management & ISO 55000 Series training course will cover:

• Fundamental principles of asset management.
• The ISO 55000 series, the international standard for asset management.
• An overview of best practices in asset management specifically tailored for infrastructure assets.
• Strategies to achieve higher performance at lower cost while ensuring compliance.
• A step-by-step approach to developing an asset management system using the five core questions method.

The training course showcases state-of-the-art asset management implementations in line with ISO 55001 and global best practices from leading organizations. It offers public infrastructure management professionals a chance to deepen their asset management expertise and maintain optimal performance throughout the asset lifecycle.

Objectives

By the end of this Infrastructure Asset Management & ISO 55000 Series training course, you will be able to:

• Define asset management, explain its significance, and identify its deliverables for your organization.
• Understand and apply the ISO 55000 standard, recognizing its value in asset management.
• Implement ‘good asset management practices’ from foundational concepts to best practices that deliver maximum business benefits.
• Execute key steps to establish and enhance asset management processes within a public infrastructure environment.
• Guide your organization towards a sustainable future.

Training Methodology

The Infrastructure Asset Management & ISO 55000 Series training course will be conducted along online workshop principles with formal lectures, case studies, group discussion and interactive practical exercises. There will be many opportunities for discussion and sharing experiences.

Organisational Impact

After completing this Infrastructure Asset Management & ISO 55000 Series training course, your organization will be able to:

• Recognize how asset management supports and advances corporate strategy.
• Understand the background, application, and benefits of the ISO 55000 series.
• Identify key performance areas and methodologies essential for managing public infrastructure assets.
• Implement fundamental asset management techniques and technologies.
• Evaluate the current state of your asset management processes and identify areas for improvement.

Personal Impact

By attending this Infrastructure Asset Management & ISO 55000 Series training course, you will:

• Gain practical insights into best practices in asset management.
• Enhance your knowledge and professional expertise.
• Improve your work efficiency by focusing on processes that contribute to your organization’s goals.
• Increase your personal value and marketability.
• Acquire the tools needed for career development and long-term success.

Who Should Attend?

This Oxford Management Centre Infrastructure Asset Management & ISO 55000 Series training course is suitable to a wide range of professionals:

• All professionals involved in managing or participating in Asset Management and Public Infrastructure Management processes, incl. all staff in the Asset Management & Maintenance department, Utilities Management, Building Maintenance, IT, Operations and Finance
• Anyone who wishes to update themselves on Asset Management and how to implement it for the benefit of the organization

Course Outline