By the end of the course, participants will be able to:

• • Understand the principles and standards of asset management as applied to FM environments.
  • Map the asset life cycle and integrate asset strategies with facility objectives.
  • Develop and apply asset replacement plans based on condition, risk, and life cycle data.
  • Implement Reliability-Centered Maintenance (RCM) principles in facility operations.
  • Conduct Life Cycle Cost (LCC) analysis for better decision-making.
  • Manage and document facility changes through change management protocols.
  • Apply configuration management to ensure accurate asset documentation and traceability.
  • Monitor asset performance through KPIs and improve service levels.
  • Integrate sustainability and resource optimization into asset management practices.
  • Prepare a practical Asset Management Plan (AMP) tailored to their facility context.

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

Interactive training combines theory with role play, team exercises and group interaction, including examples and exercise activities. Evaluation through participation and group discussion

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:

BTS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.