Subject specific
Courses & Programs

The Woodhouse Academy has the widest range of courses in Asset Management, all of which target groups to all likely levels of requirements.

We can deliver a comprehensive program of training and education for organizations, and individuals, using a combination of specific courses to manage business-critical gapsWe can ensure that investment in training yields the best return, and also provides the individual learner with the most useful new skills as quickly as possible.

The following courses are available as standalone or may be combined to build a corporate bespoke program. Please contact us for further information.

1. Principles of Asset Management including ISO 55000

Communicates latest processes, methods, tools, thinking on Asset Management combined giving an overview for busy managers about what Asset Management is and what it can do for an asset centered organization

A management-level introduction to the ISO 55000 set of standards to help recognize the implications of these standards for the organization, including opportunities and business benefits.

A preparing guide to the ISO 55000 set of standards and their business implications and to plan the preparatory actions for the adoption of these standards and to explain to others the requirements, role, and benefits of adopting ISO 55000.

Addresses the skills and processes you need to refine and optimize asset value realization.
How to customize your strategies for context, capabilities, and continual improvement.

2. Technical Skills in Asset Management

Introduces the key techniques, standards and tools, and techniques of modern Asset Management. It is a convenient, concentrated way to learn about the strengths, applicability, and limitations of the many solutions being promoted as part of the Asset Management toolset.

3. Strategy, Planning and Decision Making

Provides real practical insight into the development of effective strategies for Asset Management, including alignment with organisational objectives and engagement of the workforce, risk management, prioritisation, goal-setting, performance monitoring and cross-disciplinary collaboration requirements

Provides techniques to lead and/or carry out a comprehensive ‘zero-based’ review of an organization’s stakeholders and how to describe their requirements and expectations in preparation for Strategic Asset Management Plan (SAMP) creation

An introductory workshop to help participants to understand and develop appropriate KPIs for assets, asset management, and the delivery of improvement plans (such as a Roadmap). Follow-up options include customized coaching and facilitation for establishing such KPIs and how to integrate them with any existing corporate ‘Scorecard’ and data sources.

4. Investment, Decisions and Life Cycle Costing

Provides ‘business case’ skills needed to evaluate and justify projects, changes or investments in physical assets. It enables consistent value criteria for different options and business drivers, with correct handling of good or bad data.

Introduces and explains the concepts, methods, and applications of Life Cycle Cost or ‘TotEx’ in asset management decision-making and performance monitoring. Includes extensive use of case studies and practical exercises

5. Inspection, Maintenance and Reliability

Introduces the concepts of reliability from design, operation, maintenance, and continual improvement perspectives. It covers the relevant tools and analysis methods, and the practical opportunities and constraints associated with incomplete data, human/cultural factors, and business processes/disciplines.

Enables managers to understand, implement and control the necessary activities of staff to ensure that assets are safe, reliable, performing and compliant. It covers the full cycle of strategy development, planning, resourcing, contractors, scheduling, work and quality management, and continual improvement. It also addresses the essential dimensions of people, information technology and asset life cycle collaboration (such as ‘designing out the need for maintenance’).

Trains the methods and techniques used in applying Reliability-Centred Maintenance (RCM) for the development of appropriate maintenance strategies.

Covers maintenance strategy and decision-making. Going further than just the understanding of FMEA and RCM/RBI techniques, it includes methods for building the business case for maintenance and optimizing the cost/risk/performance and asset lifespan effects.

Teaches how to evaluate inspection or condition monitoring methods, and optimal intervals. Also covers the optimal testing of safety, standby, and protection systems.

Provides an understanding and ability to implement techniques to model the cost/risk optimization of shutdown intervals and the choice of tasks to cluster or bundle into the range of alternative shutdowns.

6. Materials, Spares and Supply Chain

Covers quantified, risk-based justification and optimization of critical and slow-moving spares.

Provides tools and techniques for optimal, risk-based inventory and optimum procurement strategies for materials and consumables.

7. Asset Renewals and Life Cycle Extension

Covers leading-edge techniques to evaluate and justify when to replace deteriorating or obsolete assets, or how best to extend their economic life.

8. Criticality and Risk Management

Covers the concepts, methods and implementation of asset risk management techniques. Includes the identification, quantification, evaluation, control and reporting of asset-related risks and the establishment of risk management processes aligned to ISO 31000 guidance.

Explains what an asset criticality ranking system is, how to construct one and apply it in multiple uses. Participants practice building and using these tools.

Provides an understanding and ability to implement investigation techniques to identify the root causes of failures in order to find remedies to stop recurrence. Participants practice building and using these tools.

For further information and to obtain a quote please contact us

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