Al Mawred Training & Consulting

Applied Asset Management and ISO 55000

This course provides participants with a broad understanding of ISO 55000 Asset Management principles and methods, of commonly used asset management terminology, and of international standards. This course is practical and is not an academic study; instead, the primary focus of this course is how to practically implement ISO 55000 Asset Management principles within the workplace. The course empowers participants to implement asset management principles within their area of the organization. Whether the organization already has an effective asset management process or nothing at all, the course enables participants to implement the key principles within their sphere of control and see improvement in the effectiveness of their asset portfolio. As well as best-in-class visuals and slides, this course includes a high level of interaction between the facilitator and participants to ensure the course meets their specific requirements. Numerous relevant case studies are utilized to demonstrate key points and a series of exercises are conducted to apply learning and to appreciate key aspects of best practice. PrerequisitesNone — open to managers at all levels
5 Days 58 Sessions Starting from USD 3,500
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Course Methodology

This is an interactive course. There are open question and answer sessions, regular group exercises, videos, case studies and presentations on best practice and the fundamentals of reliability improvement. Participants have the option and opportunity to share and discuss their own work experience and to identify issues and enhancements that can be immediately tackled/applied upon returning to their organizations. 

Course Objectives

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

  • Implement asset management principles within their organization, department, or area of control
  • Understand the key principles, tools and terminology of asset management
  • Demonstrate how asset management thinking can benefit their organization
  • Gain familiarity and comfort in using ISO 55000
  • Identify a range of models that will support the implementation of asset management
Target Audience

This course is ideal for maintenance managers, operations managers, asset managers and reliability professionals. Experienced supervisors, planners and functional specialists will also benefit greatly from this course.

Target Competencies
  • Asset Management
  • ISO 55000
  • Asset Plans
  • Reliability
  • Performance Improvement

Course Outline

  • Organizing your ISO 55000 Asset Management Strategy
    • How assets can generate value for your organization?
    • What are your assets and which ones are you going to actively manage?
    • Ensuring your assets support your organization’s objectives
    • The key asset management stakeholders and understanding their needs
    • The Model of Excellence for Asset Strategy
  • Good Leadership that drives Asset Management
    • Creating a strategic Asset Management Plan
    • The key roles to make asset management work
    • Creating an effective Steering Team
    • Engaging and maintaining leadership commitment
  • Effective Asset Plans
    • The role and impact of good planning
    • Creating a practical asset plan
    • Conducting effective asset management meetings
    • How to effectively group and structure your assets for effective management
  • Stakeholder Engagement in Asset Management
    • Keeping your asset plans alive rather than collecting dust on a shelf
    • Engaging your organization in managing your assets
    • Communicating critical information about your assets
    • Information management of your asset management process
  • Implementation of Asset Management in the organization
    • Creating effective implementation of asset planning objectives
    • The Model of Excellence for Maintenance, a holistic approach to asset operation
    • Effective contacting strategies for asset operations and maintenance
  • Monitoring the Performance of your Assets
    • Monitoring your assets – active and passive monitoring techniques
    • Auditing processes and models – a practical implementation of auditing
    • Converting audits from a policing to an inspiring process
  • Asset Performance Improvement
    • Incident review and root cause analysis
    • Effective failure prevention processes
    • Implementing a process and culture of continuous improvement
2026 Schedule & Fees
Course Fees Starting From
USD 3,500
Location & Date
Date City Language Price Action
31 May - 05 Jun, 2026 Manama Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Amsterdam Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Athens Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Barcelona Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Cairo Arabic USD 3,500 Book
31 May - 05 Jun, 2026 Dammam Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Doha Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Dubai Arabic USD 3,500 Book
31 May - 05 Jun, 2026 Geneva Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Istanbul Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Jeddah Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Jubail Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Kuala Lumpur Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Kuwait City Arabic USD 4,000 Book
31 May - 05 Jun, 2026 London Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Abu Dhabi Arabic USD 3,500 Book
31 May - 05 Jun, 2026 Munich Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Muscat Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Paris Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Riyadh Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Rome Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Salalah Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Seoul Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Sharm El Sheikh Arabic USD 3,500 Book
31 May - 05 Jun, 2026 Singapore City Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Taif Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Tokyo Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Vienna Arabic USD 5,000 Book
31 May - 05 Jun, 2026 Yanbu Arabic USD 4,000 Book
31 May - 05 Jun, 2026 Manama English USD 4,000 Book
31 May - 05 Jun, 2026 Amsterdam English USD 5,000 Book
31 May - 05 Jun, 2026 Athens English USD 5,000 Book
31 May - 05 Jun, 2026 Barcelona English USD 5,000 Book
31 May - 05 Jun, 2026 Cairo English USD 3,500 Book
31 May - 05 Jun, 2026 Dammam English USD 4,000 Book
31 May - 05 Jun, 2026 Doha English USD 4,000 Book
31 May - 05 Jun, 2026 Dubai English USD 3,500 Book
31 May - 05 Jun, 2026 Geneva English USD 5,000 Book
31 May - 05 Jun, 2026 Istanbul English USD 5,000 Book
31 May - 05 Jun, 2026 Jeddah English USD 4,000 Book
31 May - 05 Jun, 2026 Jubail English USD 4,000 Book
31 May - 05 Jun, 2026 Kuala Lumpur English USD 5,000 Book
31 May - 05 Jun, 2026 Kuwait City English USD 4,000 Book
31 May - 05 Jun, 2026 London English USD 5,000 Book
31 May - 05 Jun, 2026 Abu Dhabi English USD 3,500 Book
31 May - 05 Jun, 2026 Munich English USD 5,000 Book
31 May - 05 Jun, 2026 Muscat English USD 4,000 Book
31 May - 05 Jun, 2026 Paris English USD 5,000 Book
31 May - 05 Jun, 2026 Riyadh English USD 4,000 Book
31 May - 05 Jun, 2026 Rome English USD 5,000 Book
31 May - 05 Jun, 2026 Salalah English USD 4,000 Book
31 May - 05 Jun, 2026 Seoul English USD 5,000 Book
31 May - 05 Jun, 2026 Sharm El Sheikh English USD 3,500 Book
31 May - 05 Jun, 2026 Singapore City English USD 5,000 Book
31 May - 05 Jun, 2026 Taif English USD 4,000 Book
31 May - 05 Jun, 2026 Tokyo English USD 5,000 Book
31 May - 05 Jun, 2026 Vienna English USD 5,000 Book
31 May - 05 Jun, 2026 Yanbu English USD 4,000 Book

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