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ISO 55000: Asset Management System Workshop

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ISO 55000 Asset Management Standard

• Published in January 2014, ISO 55000 is an international standard that is founded on the premise that the value of an asset is defined by how much it contributes to the achievement of organizational goals.

• It is designed to optimize asset value and decrease organizational risks through a comprehensive asset management strategy that is built around business objectives and goals.

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ISO 55000 Asset Management Standard

Focused on organizational goals

Contains four components: 1. Asset management policy2. Asset management objectives3. Strategic asset management plan4. Asset management plans

Sustained value to the organization

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Participants will learn how to: Describe the clauses of the ISO 55000 standard

Identify the benefits of the ISO 55000 standard

Cite the critical concepts for asset management policy and strategy creation

Develop an Asset Management Policy, strategy and supporting objectives

Document steps to create the asset management plans and framework

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ISO 55000: Asset Management System Workshop

2-day workshop

1.4 Continuing Education units (CEUs)

PublicOpen enrollment class schedule available at www.LCE.com/Institute

PrivateWorkshops may be tailored to your specific needs and delivered at your site.

PrivateInstitute of Asset Management Endorsed Training Provider

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Who Should AttendManagers acquiring, managing, operating, maintaining or disposing of physical assets

Specific titles may include: • Operations Managers • Maintenance Managers • Reliability Engineers • Capital Project Engineers • Asset Owners • Asset Managers • Organizational Development • Quality Personnel

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Asset Management System Implementation Framework

Leadership, Policy & Strategy

Asset Management Strategy

Physical Asset Portfolio

Business Case

Procure & Construct

Commission

Operate & Maintain

Asset Management System

Asset Management Capability

(Processes, Procedures& Knowledge)

Asset Management Objectives

Value DeliveryISO 55000 Compliance

Reliability Excellence

Process Safety Management

Mechanical Integrity

ISO 31000 Risk Management

Asset Management Plans

Asset Criticality

ASSETLIFECYCLE

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Benefits of Asset Management

Improved financial performance

Informed asset investment decisions

Managed risk

Demonstrated social responsibility

Demonstrated compliance

Improved services and outputs

Enhanced reputation

Improved organizational sustainability

Improved efficiency and effectiveness

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Critical concepts for asset management policy and strategy creation

Line of Sight

Stakeholder Mapping

Change Management

Catch Ball Process

Six anchor points for

AM Objectives

Assessing and

Managing Risk

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3 Reasons to Choose the Life Cycle Institute

Asset Management is what we DO!Our facilitators are experienced reliability professionals who have implemented all

of the elements of the ISO 55000 standard for organizations in many industries

around the globe.

LCI instructors are trained learning facilitatorsRigorous facilitator qualification and certification process

Focus on the learning process and transfer to the job

Engage learners, reinforce relevancy and integrate prior experience

LCI training is an active experience Learning by doing vs. lecture

Group activities, assessments, case studies

Network with peers

Develop action plans to drive results post-training

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Education@LCE.com

www.LCE.com

800-556-9589

The Life Cycle Institute is the learning, leadership and change management practice at Life Cycle Engineering.