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LEARNING ALONG THE ASSET MANAGEMENT JOURNEY – PART 2

LEARNING ALONG THE ASSET MANAGEMENT JOURNEY – PART 2

TWPL covered the Getting Started area in the last briefing (Learning Along the Asset Management Journey – part 1), in part 2 we explore the next phase Integrating and Embedding.

At the Integrating and Embedding level, it is assumed that the priority knowledge and skills gaps have been identified and individuals/organisations are now seeking to understand ‘how it all works together and ‘how to make it happen in a sustainable way. We have a range of specific educational and training products that deliver this understanding. Furthermore, they can be adapted (for example, with industry- or company-specific examples) and blended to ensure their local relevance and effectiveness.

popular courses and learning modules for this phase

ISO 55000 Implementation Planning’, for example, is a 2-day course that complements an organisation’s maturity assessment, ISO 55001 gap analysis and Roadmapping activities. This course develops a deeper knowledge and understanding of the practical requirements to create and manage the plan to deliver improvements in AM capability to the ISO 55000 family of standards.

Our ‘Strategic Asset Management Planning’ course 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, prioritization, goal-setting, performance monitoring and cross-disciplinary collaboration requirements.

The 3- and 5-day options for the IAM Certificate qualification, and our 6-day IAM Diploma course (and conversion course option, from Certificate to Diploma), are all designed to support the consolidated competency standards for systematic skills assurance across the organisation.  They often form part of a ‘Blended Learning’ programme, targeted and prioritised with the TWPL Competency profiling method.  As well as one of the longest-standing IAM Endorsed Trainers, TWPL is also an IAM Examinations Partner, so we can provide the formal qualifications opportunities as a bundle with appropriate learning programmes.

Individuals and teams who want to exercise and test the full range of their learning should look at the TWPL ‘Asset Management Challenge’. This is an intensive and immersive roleplay exercise for teams of 4 to 5 people, conducted over 2 days, designed to bring all of the Asset Management concepts together in a realistic, pressurised and highly rewarding game. Decisions made by the teams are turned into organizational performance results and a presentation to a ‘Board of Directors’.

Asset management techniques, tools and methodologies’, delivered in modules spread over 10 days, 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 and acronyms being promoted as part of the Asset Management toolset.

learning for specialist methods and techniques

Criticality Assessment and Analysis’ (1 day) 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. This skill has a wide application, and contributes strongly to Role 6: risk management and performance improvement.

Key Performance Indicators (KPIs) for Asset Management’. This is a 1-day introductory workshop, in which we help participants to understand and develop appropriate KPIs for assets, asset management and the delivery of improvement plans (such as the Roadmap). Follow-up options include customised coaching and facilitation for establishing such KPIs and how to integrate them with any existing corporate ‘scorecard’ and data sources.

Asset risk management’ (2 days). This is fundamental to the Asset Management approach. We look at appropriate techniques for creating whole life asset plans, activity proposals, and activity action plans, all with the appropriate levels of risk known and qualified. This course is closely aligned to developing skills in Role 6: Risk Management and Performance improvement.

Introduction to optimal cost/risk/performance decision-making’ (2 days). The course shows how Asset Management decision-making can be improved with or without good data.  The course shows how cross-disciplinary consensus can be established, and how to develop a business case justification for the optimal strategy across all different life cycle activities. It includes the leading edge research of the international SALVO collaboration project into best practices for Asset Management decision-making.

Reliability Engineering and Management’. This 2-day course 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 process/disciplines.

Root Cause Analysis and Elimination’ (2 days). We provide training to understand and implement investigation techniques to identify the root causes of failures in order to find remedies to stop recurrence. This course is of general interest and has wide application, as well as addressing specific areas of Role 6: Risk Management and Performance improvement.

Maintenance Optimization’. Our 3-day course provides a comprehensive coverage for 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.

Maintenance Management’  This 4-day course enables managers to understand, implement and control the necessary activities of staff to ensure that assets are safe, reliable, performing, compliant and long-lasting. 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’).

Cost/benefit evaluation and prioritisation of Projects and Modifications’. In this 2-day course, we explain the processes, tools and techniques required to successfully evaluate a proposed project or asset investment, including the value-for-money criteria, impact of regulator and other constraints, ‘intangibles’ and competition for resources and funding. It includes the leading-edge research of the international SALVO collaboration project into best practices for Asset Management decision-making.

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