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IAM Foundation Award in Asset Management

The Foundation Award is a one-day introductory course in asset management awareness training. It will give a basic overview of asset management concepts, principles and terminology, an understanding of commonly used techniques and how implementing asset management processes can be of benefit to companies.

The training is aimed at anyone requiring a basic knowledge of asset management to support their organisation’s asset management activities, who may have little or no prior knowledge of the discipline. Candidates for the Foundation Award may be beginning an asset management career, or may never need to develop their asset management knowledge beyond a basic understanding.

By attending the course, you will gain an understanding of:

  •  Basic asset management concepts, principles and terminology
  •  The breadth of asset management activities
  •  Common characteristics of good asset management
  •  Some commonly used techniques
  •  The types of benefits organisations can realise
  •  Potential next steps for individuals who wish to continue with their asset management journey

Session 1 – What is Asset Management?

Session 2 – Why is Asset Management Important?

Session 3 – Risk

Session 4 – Asset Management Policy, Strategy and Plans

Session 5 – Asset Management Decision Making

Session 6 – Asset Information

Session 7 – Life Cycle Delivery

Session 8 – Organisation and People

Session 9 – Asset Management Review

Session 10 – The Asset Management System

Session 11 – The Corporate and Individual Asset Management Journey

Programme may be subject to amendment

The training is aimed at anyone requiring a basic knowledge of asset management to support their organisation’s asset management activities, who may have little or no prior knowledge of the discipline. Candidates for the Foundation Award may be beginning an asset management career, or may never need to develop their asset management knowledge beyond a basic understanding.

Examples could be individuals:

  •  New to asset management roles
  •  In roles that support or interact with the organisation’s asset management activities
  •  Working in the organisation’s supply chain providing clients with asset management services or supporting these services

With over 10 years of operational experience within the UK DNO sector, Andrew Harrison joined EA technology as a senior consultant for the Strategic Asset Management (SAM) team in April 2011. Formally a Senior Authorised Engineer with Scottish Power, Andrew has an operational background in fault investigation, restoration and repair. He specialised in the delivery of distribution asset replacement and substation modernisation projects.

Andrew has undertaken network performance and reliability improvement projects, elements of emergency planning, and the application of telecontrol & secondary automation systems to distribution networks.

Andrew has extensive experience in the delivery of Condition Best Risk Management (CBRM) projects within the electricity and gas industries, with customers including UK Power networks and National Grid Gas. He has been actively involved in the continuous development of CBRM relating to Load Related Risk.

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£305.00+VAT

Course duration: 1 day

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