AW007 Asset Management Policy, Strategy, Demand Analysis and Objectives

The module addresses the issues of AM policy, strategy, demand analysis and objectives.

It identifies the steps necessary to enable an organization to develop AM plans that contribute effectively to the delivery of organisational objectives.

The module complements Asset Wisdom's 'Organisational Context and Stakeholder Expectations' module which explains the importance of a robust strategic planning process for identifying objectives and providing a framework for all parts of the business.

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

By completing the module, you'll understand:

  • The importance of establishing an asset management policy
  • The importance of developing an asset management strategy
  • How demand analysis is used to develop strategy and its long term planning
  • The importance of setting asset management objectives, and
  • The role of the above to support the production of the organisation's asset management plans that, when delivered, will underpin the efficient and effective delivery of its strategic plan.

Course content

To understand Policy, Strategy, Demand Analysis and Objective Setting in AM we need to:

  • Know the terms (though definitions vary) and the activities involved
  • Understand the importance of AM Plans, Strategy and Objectives
  • Know the steps required to translate strategy & objectives into asset work plans
  • Be able to analyse future demand for products/services
  • Recognise the ongoing importance of creating a clear link between the organisation's strategy and its other
    • activities, e.g. H&S and Quality

Estimated Duration

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

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.

GBP 45.00 per subscription
VAT GBP 9.00

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