The course runs at the IAM UK Chapter conference venue the day before it starts. If booking onto the conference you can book at the discounted course rate for conference delegates*

*You will then need to purchase your Conference or Conference+Dinner ticket separately.

Summary

Creating a meaningful Asset Management Strategy (also known as a Strategic Asset Management Plan or SAMP) is both a vital task and a challenge to establish clear direction, priorities, coordinated initiatives and consensus.  Where do you start?  How detailed do you need to be?  What ‘strategic’ horizons are suitable?  Who should be involved? How do you make it realistic and implementable?

The course provides practical insight into the development of effective strategies for Asset Management, including alignment with organizational objectives and engagement of the workforce, goal-setting, prioritization, risk management, performance monitoring and cross-disciplinary collaboration.  Taught by highly experienced asset management experts, this course includes plenty of real-world examples and interactive exercises.

Scope

The course introduces the concepts, role and benefits of a SAMP.  It shows how such a Strategy achieves the essential alignment between (top down) organizational objectives and stakeholder requirements, with the (bottom up) realities of assets and asset management capabilities.  Every SAMP is unique, due to the individual nature of each organization’s asset portfolio, operating context and expectations of its stakeholders.  This course explains how to develop and customize a SAMP to be organization-specific.  It also shows how this process can be used effectively to engage all disciplines and achieve consensus about goals, priorities and responsibilities for delivery. 

Course content:

• Strategic thinking in Asset Management
• Policy, Strategy and Plans: what goes where?
• Role of a SAMP within a Management System
• Typical contents of a SAMP
• The SAMP development process
• Using and maintaining your SAMP
• Communication, consensus and commitment
• Course summary and assessment

Delivery

This will be a face to face course.  In addition to the training materials, each participant will receive a free copy of the IAM guidebook “Developing and Maintaining a Strategic Asset Management Plan (SAMP)”.

Lunch

Provided at the venue from 1pm-2pm during the course.

For whom

This course is for anyone responsible for any aspect of strategic planning, or anyone who wishes to understand the role of a Strategic Asset Management Plan, how best to develop, maintain and use one.  Typical participant roles include:

• Senior executives
• Business planners
• Stakeholder interface professionals (e.g. customer-, regulator-, investor-relations)
• Investment programme managers
• Implementers of ISO 55000 and other management systems
• Project or portfolio managers

Programme:

09.00 Start

Strategic thinking in Asset Management

• Policy, Strategy and Plans: what goes where?
• Role of a SAMP within a Management System
• Beneficiaries and users of a SAMP
• Typical contents of a SAMP

The SAMP development process

• Exercise – establishing the ‘as is’ baseline
• Exercise – setting ‘SMART’ objectives
• Exercise – developing strategies
• Exercise – identifying key ‘enablers’

Embedding the SAMP within your organisation

• Using and maintaining your SAMP
• Communication, consensus and commitment

Course summary and assessment

17.00 Finish

The course runs at the IAM UK Chapter conference venue the day before it starts. If booking onto the conference you can book at the discounted course rate for conference delegates*

*You will then need to purchase your Conference or Conference+Dinner ticket separately.