Events

Creating and Maintaining a Strategic Asset Management Plan (SAMP)

Address:
Chelsea Harbour Hotel
Chelsea Harbour Dr
London
UK
SW10 0XG

Date & Time:
08 November 2021
09:00 - 17:00 GMT

Category
Partner Event


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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.

IAM UK Chapter Conference/training course– COVID-19 guidance
We look forward to once again holding a face-to-face conference and bringing the asset management community together.
The health and safety of everybody attending or working the event are our top priority, so to make sure we’re as COVID-secure as we can be, we are putting in place many measures.
We ask that you work with us, the event venue and staff, and your fellow delegates to make a safe live event that is in line with UK Government guidance.

We ask that you follow the following guidance:
• Do not travel or attend if you are feeling unwell or have any symptoms of a cold or a virus.
• Do not travel or attend in breach of track and trace guidelines in force at the time of the event [link to guidelines].
• Registration is mandatory at the start of each day. We will supply a record of all attendees for track and trace purposes if required.
• We encourage the use of masks and hand sanitisers, but these remain optional in line with current guidelines. Should Government advice change to compulsory mask wearing, we will enforce this at the event.
• We encourage you to maintain as much social distance as possible, exercise caution in enclosed spaces, and respect other attendees doing so if they wish.

We will ask the venue to provide
• Sanitising stations and face masks around the IAM event areas
• Extra space so that attendees can move about freely, or sit further apart in sessions or meals, whilst reducing physical contact
• Well ventilated event areas
• Enhanced cleaning of communal facilities (elevator buttons, handrails, door handles etc).

Please note that the venue is a hotel and that not all areas are under the control of the IAM. There will be other members of the public in catering areas, hotel corridors, entrances and exits, bathrooms and other shared spaces. The hotel currently does not have any mandated rules about masks, hand sanitising or social distancing for their own guests.

Risk assessment: a COVID-19 risk assessment has been carried out by the hotel and is available by request. The IAM has carried out a risk assessment based on government guidance.

General IAM Covid Event Safety Policy
The IAM will take all measures available in conjunction with the venue to follow government guidelines at the time in respect of staff and delegate COVID safety.
• We recommend that all delegates wear masks when moving about the event – these can be removed when seated.
• We recommend that prior to attending, a lateral flow test is taken and/or individuals are double vaccinated.
• IAM Staff will wear masks on registration and any other applicable areas for the safety of staff and delegates.
• We recommend that all delegates socially distance and follow basic COVID safety measures where possible/applicable

John Woodhouse

John Woodhouse is one of the most widely known experts in asset management. With a background in oil and gas (Shell Expro in UK, Norway, Brunei, Netherlands) and major engineering (senior management positions in Kvaerner), he launched The Woodhouse Partnership in 1995.  Woodhouse comprises an international network of former senior industrial managers providing training, pragmatic advice and support in the embedding of good practices and asset management capabilities.

John is a Founding Member, Life Fellow and Director, Asset Management Excellence project for The Institute of Asset Management (IAM) He was Project Director leading the development of BSI PAS55 and is a UK Expert Representative on the ISO committee responsible for ISO 55000 standards. He also led the development of the first IAM Competences Framework and AM Maturity Guide, and was Project Director for the European MACRO & SALVO collaboration projects in developing best practices for asset management decision-making and life cycle cost/risk/performance optimization.

John is also author of the book ‘Managing Industrial Risk’, Publ. Chapman & Hall, 1993,  ‘Asset management decision-making: the SALVO Process’, Publ. TWPL 2014, and IAM guidebook Developing and maintaining a Strategic Asset Management Plan (SAMP)’.  He lectures widely around the world at conferences and through university and in-house management training programmes. 

 

SAMP Course Delegate - Attending Conference* - Corporate Member Price

£300.00

SAMP Course Delegate - Attending Conference* - Member Price

£300.00

SAMP Course Delegate - Attending Conference* - Non Member Price

£300.00

SAMP Course Delegate - Course only - Corporate Member Price

£420.00

SAMP Course Delegate - Course only - Member Price

£420.00

SAMP Course Delegate - Course only - Non Member Price

£420.00

SAMP Course Delegate - Attending Conference* - Corporate Member Price

€348.00

SAMP Course Delegate - Attending Conference* - Member Price

€348.00

SAMP Course Delegate - Attending Conference* - Non Member Price

€348.00

SAMP Course Delegate - Course only - Corporate Member Price

€480.00

SAMP Course Delegate - Course only - Member Price

€480.00

SAMP Course Delegate - Course only - Non Member Price

€480.00

SAMP Course Delegate - Attending Conference* - Corporate Member Price

$414.00

SAMP Course Delegate - Attending Conference* - Member Price

$414.00

SAMP Course Delegate - Attending Conference* - Non Member Price

$414.00

SAMP Course Delegate - Course only - Corporate Member Price

$570.00

SAMP Course Delegate - Course only - Member Price

$570.00

SAMP Course Delegate - Course only - Non Member Price

$570.00

SAMP Course Delegate - Attending Conference* - Member Price

£300.00

SAMP Course Delegate - Attending Conference* - Non Member Price

£300.00

SAMP Course Delegate - Course only - Member Price

£420.00

SAMP Course Delegate - Course only - Non Member Price

£420.00

SAMP Course Delegate - Attending Conference* - Member Price

$414.00

SAMP Course Delegate - Attending Conference* - Non Member Price

$414.00

SAMP Course Delegate - Course only - Member Price

$570.00

SAMP Course Delegate - Course only - Non Member Price

$570.00

SAMP Course Delegate - Attending Conference* - Member Price

€348.00

SAMP Course Delegate - Attending Conference* - Non Member Price

€348.00

SAMP Course Delegate - Course only - Member Price

€480.00

SAMP Course Delegate - Course only - Non Member Price

€480.00

 

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