Managing assets is one of the most critical activities in an organization. Organisations are spending huge sum of money in acquiring assets, yet the return on investment in most cases is less than satisfactory. In case it is not about a new asset it is about better services. This creates a need for link between asset status and condition and the level of service. While the overriding objective is maximizing ROI, it appears that organisations are unable to leverage on their investment in assets for sustainable growth, anchored on strategic assets management and investments.
WHO SHOULD ATTEND?
Property/asset managers, officers, accountants, stock officers, financial analysts and other staff whose work is closely related to asset management.
HOW PARTICIPANTS WILL BENEFIT
At the end of the course, participants will be able to:
• Demonstrate the link between required level of service and asset condition;
• Acquire knowledge and skills for strategic and proactive asset management;
• Develop framework for streamlining asset management operations;
• Develop a criteria for asset management, disposal, renewal and replacement;
• Explain strategies for asset value optimization and risk exposure minimization;
• Develop comparative asset management decision models including strategic and tactical decisions;
• Appreciate portfolio management;
• Measure the costs of the assets over their lifetime;
• Develop life-cycle budget for your assets.
• Overview of asset management;
• Asset management life-cycle;
• Strategic and tactical asset allocation;
• Asset pricing and allocation;
• Asset management strategy;
• Time value of assets;
• Life-cost planning and budgeting;
• Multi-criteria decision analysis;
• Portfolio management;
• Risk based asset management;
• Maintenance and conditional audit.