AW003 Benefits of Asset Management

The module provides you with an understanding of what good asset management can achieve, including its impact on business and financial performance.

It also provides examples of best practice and show how the benefits of good asset management can be communicated effectively to stakeholders within and outside your organisation.

The module can be accessed on any Smart phone, tablet, laptop or desktop.

It is created by Asset Wisdom using internationally recognised AM specialists.

The module features:

  • Professional Audio
  • Animation and Interactivity
  • Formative and Summative Assessments

It is one of 13 modules in the Asset Wisdom Certificate Course that's mapped to the IAM Certificate exam. They cover the GFMAM's and IAM's 39 subjects that describe the scope of AM.

Course Images

Learning outcomes

This module will provide an understanding of:

  • The main benefits of an asset management approach
  • How to relate specific, appropriate benefits to different stakeholders and businesses
  • The importance and role of communication and consultation in asset management implementation, and
  • How to recognise and handle some of the common misunderstandings and resistance to change brought about by asset management.

Target Audience

Those working in sectors where managing assets is important, e.g. Utilities, Facilities Management, Local Authorities.

Those new to AM, those preparing for the IAM Certificate exam and experienced practitioners wishing to check their knowledge.

Course content

To understand the benefits of AM we need to:

  • Understand the impact of implementing good asset management on business and financial performance
  • Know how to make better decisions and manage risk
  • Appreciate governance and regulatory requirements
  • Understand how good asset management improves staff motivation and supply chain relationships and,
  • How to communicate these benefits to all stakeholders.

Estimated Duration

20 mins in one session (or in small parts if preferred)

GBP 45.00 per subscription
VAT GBP 9.00

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