Course Details
Your Growth, Our Mission
Course Description
This 5-day intensive course is designed to equip facilities management (FM) professionals with the principles, frameworks, and tools required to manage facility assets strategically across their entire lifecycle—from acquisition and operation to replacement and disposal. The course incorporates best practices from ISO 55000, PAS 55, and international FM standards, while focusing on practical implementation through real-world case studies and tools.
Key concepts include Asset Life Cycle Management, Asset Replacement Planning, Reliability-Centered Maintenance (RCM), Life Cycle Cost (LCC) analysis, Facility Change & Configuration Management, and the development of Asset Management Plans (AMPs). Participants will gain the skills to optimize asset performance, minimize risk and cost, and support sustainable and compliant operations in their organizations.
The Training Course Will Highlight ?
Training Objective
Target Audience
This course is ideal for professionals involved in the planning, operation, and management of facility assets, including:
-
- Facility Supervisors and Coordinators
- Maintenance and Operations Managers
- Asset Managers and Engineers
- Building Services Engineers
- Technical Officers and Planners
- Project Managers in FM
- Sustainability and Compliance Officers
- Those preparing for FM certification or asset management roles
Training Methods
Interactive training combines theory with role play, team exercises and group interaction, including examples and exercise activities. Evaluation through participation and group discussion
Daily Agenda
Day 1: Fundamentals of Asset Management in FM
Focus: Asset management concepts, standards, policies, and roles in facilities
Key Topics:
- Introduction to Asset Management in FM
- Asset Types & Classifications in Facilities (Soft vs. Hard assets)
- Asset Life Cycle Management in FM (acquisition to disposal)
- ISO 55000 Overview and FM Alignment
- Role of Strategic Asset Management Plan (SAMP)
- Overview of Facility Configuration Management
Activities:
- Case Example: Life cycle view of an HVAC system
- Interactive Discussion: How configuration changes impact asset integrity
- Exercise: Mapping asset hierarchy & metadata needs
Day 2: Asset Lifecycle, Replacement Planning & Change Management
Focus: Asset acquisition, replacement, change, and configuration control
Key Topics:
- Asset Life Cycle Stages: Planning, Acquisition, Use, Maintenance, Renewal, Disposal
- Asset Replacement Planning:
- Remaining Useful Life (RUL)
- Condition & age-based strategies
- Financial justification and timing
- Facility Change Management:
- Managing scope, impact, and risks of changes
- Approval workflow and documentation
- Facility Configuration Management:
- Tracking physical and functional characteristics
- CMMS/ CAFM data control and asset verification
Activities:
- Workshop: Create an Asset Replacement Plan for major systems
- Scenario Simulation: Managing a facility layout change
- Group Task: Identify configuration baselines and change triggers
Day 3: Risk-Based Asset Management and RCM in FM
Focus: Applying Reliability-Centered Maintenance (RCM) and risk-based decision-making
Key Topics:
- Overview of Reliability-Centered Maintenance (RCM) in Facilities
- Asset Criticality Assessment: Safety, Function, Cost
- Risk Management (aligned with ISO 31000)
- Failure Modes and Effects (basic FMEA for FM)
- RCM Decision Tree Application in FM (HVAC, lighting, elevators)
- Maintenance Planning & Optimization based on RCM insights
Activities:
- RCM Workshop: Apply RCM logic to a critical building system
- Risk Matrix Exercise: Prioritize facility assets
- Interactive: Failure mode brainstorm session
Day 4: Asset Performance, LCC & Sustainable Operations
Focus: Performance monitoring, cost analysis, and sustainability integration
Key Topics:
- Performance Monitoring:
- KPIs (availability, reliability, cost)
- SLAs and compliance
- Life Cycle Cost (LCC) Analysis:
- Capital cost, O&M cost, disposal cost
- Cost vs. Risk vs. Performance trade-offs
- Energy and Resource Efficiency in Maintenance
- Green FM Practices and Asset Management
- Aligning with ESG and Sustainable FM Standards (LEED, ISO 50001)
Activities:
- LCC Exercise: Compare cost-effectiveness of asset options
- Case Study: Retrofitting vs. replacing lighting systems
- Tool Demo: LCC calculator or Excel template use
Day 5: Asset Management Planning, Governance & Continuous Improvement
Focus: Developing a working asset management plan and fostering ongoing improvements
Key Topics:
- Components of an Asset Management Plan (AMP)
- Governance, Roles & Responsibilities in Asset Management
- Documentation and audit readiness
- Stakeholder Communication & Decision-Making
- Maturity Models & Continuous Improvement in AM
- Integration of Asset Replacement Plans into AMP
Activities:
- Workshop: Drafting an AMP for your facility
- Final Group Exercise: Create an improvement roadmap
- Quiz & Certification Assessment
📜 Certification Alignment
This course supports core competencies and career development expectations aligned with the following international certifications:
|
Standard / Certification |
Relevance |
|
ISO 55000 / 55001 – Asset Management (CAMA2 Certification) |
Framework and terminology; foundation for SAMP and AMP |
|
PAS 55 – Asset Management Specification |
Precursor to ISO 55000; emphasis on lifecycle, risk, and governance |
|
IFMA – Facilities Management Professional (FMP) |
Asset management, sustainability, and operations domains |
|
MEFMA – Facility Management Training Programs |
Strategic asset planning, maintenance, and FM system integration |
|
SMRP – Certified Maintenance & Reliability Professional (CMRP) |
Asset strategy, lifecycle costing, and RCM principles |
|
BICSc – Building Services Certifications |
Relevant to asset cleaning, soft FM asset lifecycle, and compliance auditing |
|
ISO 41001 – Facility Management Systems |
Integration of asset management into broader FM systems and governance |
Accreditation
BTS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.
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