Introduction

Effective management of assets and properties is essential for maintaining operational efficiency, reducing lifecycle costs, and ensuring the sustainability of facilities. Organizations must adopt structured approaches to manage physical assets, optimize performance, and align maintenance and operational strategies with business objectives.

This program, designed by Global Horizon Training Center, equips participants with comprehensive knowledge and practical skills to manage assets and properties within facilities over a structured 10-day training, focusing on lifecycle management, maintenance strategies, and performance optimization.

Course Objectives

By the end of this program, participants will be able to:

• Understand asset and property management principles in facilities
• Develop asset lifecycle management strategies
• Implement maintenance planning and reliability practices
• Optimize facility performance and resource utilization
• Manage asset data, documentation, and records
• Apply risk management and compliance frameworks
• Improve cost efficiency and asset value
• Utilize performance metrics and asset management systems

Target Audience

This program is designed for:

• Facility Managers and Supervisors
• Asset Management Professionals
• Maintenance and Reliability Engineers
• Property and Operations Managers
• Technical Staff involved in facility operations
• Professionals responsible for infrastructure and asset performance

Outline

Day 1: Fundamentals of Asset and Property Management

• Introduction to asset management in facilities
• Types of assets and property classification
• Asset lifecycle concepts
• Role of asset management in organizational performance
• Overview of standards (ISO 55000)

Day 2: Asset Register and Data Management

• Developing and managing asset registers
• Asset identification and coding systems
• Data collection and documentation
• Digital asset management systems (CMMS/EAM)
• Data quality and governance

Day 3: Asset Lifecycle Planning and Strategy

• Lifecycle costing and planning
• Asset acquisition and commissioning
• Operation and utilization strategies
• Disposal and replacement planning
• Strategic asset management planning (SAMP)

Day 4: Maintenance Management and Reliability

• Maintenance strategies (preventive, predictive, corrective)
• Reliability-centered maintenance (RCM)
• Maintenance planning and scheduling
• Work order management
• Spare parts and inventory control

Day 5: Performance Monitoring and KPIs

• Defining asset performance indicators
• Monitoring asset condition and performance
• Benchmarking and performance evaluation
• Data-driven decision-making
• Reporting and dashboards

Day 6: Risk Management and Compliance

• Risk identification and assessment
• Asset criticality analysis
• Regulatory compliance and safety requirements
• Environmental and sustainability considerations
• Audit and inspection processes

Day 7: Financial Management of Assets

• Asset valuation and depreciation
• Budgeting and cost control
• Capital vs. operational expenditures
• Financial planning for asset management
• Cost optimization strategies

Day 8: Facilities Operations and Optimization

• Facility operations management
• Space and resource optimization
• Energy management and efficiency
• Smart facilities and digitalization
• Continuous improvement strategies

Day 9: Technology and Digital Transformation

• CMMS and EAM systems implementation
• IoT and predictive analytics in asset management
• Digital twins and smart asset monitoring
• Data integration and automation
• Future trends in facilities management

Day 10: Integration, Strategy, and Case Studies

• Integrating asset management with business strategy
• Developing asset management frameworks
• Organizational alignment and governance
• Best practices and lessons learned
• Case studies and real-world applications