An Intensive 5-Day Training Course
Fundamentals of Asset & Facility Management
Fundamentals of Asset & Facility Management
Tutor-Led Class @ NGN250,000.00 per Participant
Online @ NGN230,000.00 Per participant
On-Site to make formal request
Venue: Mechelectric Conference Centres, Ikeja, Abuja, PH and Ota
Date and Time: August 4 - 8, 2025; 0900Hr - 1600Hr Daily
Course Overview
Asset and Facility Management is an essential and integral function of all leading international companies. A well designed and effective asset & facility management system will not only provide verification and support that accounting and financial policies, procedures and controls are working adequately, it will also ensure efficient and effective processes and procedures. Asset & Facility Management is essential to improve performance and profitability protecting both the company and its employees. All organizations require an appropriate system of asset and facility controls to protect itself from the growing risk of fraud. Delegates attending this WorkmanSkills training course will learn how to develop and/or improve their existing asset & facility function and how to monitor policies, procedures and assets to international standards thereby securing continued financial success, stability and growth of world-class organization.
Course Benefits
By attending this WorkmanSkills training, delegates will be able to:
Target Audience:
This WorkmanSkills training is ideal for wide range of engineering/maintenance professionals but will greatly benefit:
How will this Training Course be Presented?
This WorkmanSkills training course will utilize a variety of proven learning techniques to ensure maximum understanding, comprehension, and retention of the information presented.
Course OutlinesIntroduction to Asset and Facilities Management
Good Asset and Facilities Management Practice
Good Asset and Facilities Management Practice
Good Asset and Facilities Management Practice
Assessment and Implementation Aspects
The Certificate
WorkmanSkills Certificate of Completion will be provided to delegates who attend and complete the course
Asset and Facility Management is an essential and integral function of all leading international companies. A well designed and effective asset & facility management system will not only provide verification and support that accounting and financial policies, procedures and controls are working adequately, it will also ensure efficient and effective processes and procedures. Asset & Facility Management is essential to improve performance and profitability protecting both the company and its employees. All organizations require an appropriate system of asset and facility controls to protect itself from the growing risk of fraud. Delegates attending this WorkmanSkills training course will learn how to develop and/or improve their existing asset & facility function and how to monitor policies, procedures and assets to international standards thereby securing continued financial success, stability and growth of world-class organization.
Course Benefits
By attending this WorkmanSkills training, delegates will be able to:
- Understand the role and function of an Asset & Facility Department.
- Evaluate the effectiveness of the existing asset & facility function
- Recommend improvements to the existing asset & facility function
- Monitor the effectiveness of policies, procedures and financial transactions to international standards
- Understand asset & facility risk and efficiently plan, control and record an asset & facility assignment
- Conduct asset & facility reviews and compile internal control updates for Boards of Directors
- Explain what Asset and Facilities Management is and how it can contribute to the realization of the corporate strategy of your organization
- Understand the content and value of the international standard on Asset Management
- Apply good Asset and Facilities Management practice, starting with foundations and building up to best practices that will deliver maximum business benefits
- Assess the current state of Asset and Facilities Management best practices
- Set up an implementation plan for Asset and Facilities Management
Target Audience:
This WorkmanSkills training is ideal for wide range of engineering/maintenance professionals but will greatly benefit:
- Senior and Middle Management that communicate with the asset & facility department
- Asset & Facility Management and staff who wish to develop their asset management skills
- Financial and non-financial professionals who may be appointed to support or interface with an asset & facilities Committee
- Non-financial professionals whose role is subject to asset & facilities
- Team managers and supervisors
How will this Training Course be Presented?
This WorkmanSkills training course will utilize a variety of proven learning techniques to ensure maximum understanding, comprehension, and retention of the information presented.
Course OutlinesIntroduction to Asset and Facilities Management
- Introduction to the Subject
- Asset and Facilities Management as a Business Process
- Asset Management Landscape Model
- Strategy Framework
- Asset Management Roles – about roles, expectations and responsibilities
- Certification Procedure
Good Asset and Facilities Management Practice
- Identifying Risk
- Significance of Risk
- Risk Management on Business Level
- Stakeholder Management
- Risk Based Maintenance (RBM) for Assets and Facilities
Good Asset and Facilities Management Practice
- Sourcing and Outsourcing – Who does what and why?
- Procurement Aspects
- Defining Level of Service
- Defining the Right Key Performance Indicators
- How to Measure the Contractor Performance
- Vendor Management
Good Asset and Facilities Management Practice
- Life Cycle Management for Assets and Facilities
- Demand Forecasting
- Systems Engineering
- Condition Assessment and Monitoring
- Information and Configuration Management
- Life Cycle Costing (LCC)
Assessment and Implementation Aspects
- Asset Management Assessment – Assessment Tools
- Asset Management Teams
- Changing the Behaviour of People
- Implementation of Asset Management
The Certificate
WorkmanSkills Certificate of Completion will be provided to delegates who attend and complete the course
