Business Unit Asset Management Training

Learning Outcomes

• Develop an asset management plan for a business unit that aligns with organisational objectives.
• Implement asset management processes to ensure optimal utilisation and maintenance of assets.
• Monitor and evaluate asset performance against set criteria and take corrective action.
• Apply relevant legislation, policies, and procedures governing asset management in a business unit.
• Analyse asset lifecycle costs and make recommendations for improvement.
• Demonstrate effective communication and reporting on asset management activities.

Target Audience

This course is designed for managers, supervisors, and team leaders responsible for managing assets within a business unit in any sector. It is also suitable for aspiring managers seeking to enhance their asset management competencies.

Prerequisites

None — open enrollment.

Course Outline

Practicals

Overview

Practical sessions provide hands-on experience with asset management tools, lifecycle costing exercises, and maintenance planning simulations. Learners apply concepts to real-world scenarios using spreadsheets and asset management software, reinforcing theoretical knowledge through supervised practice.

Practical Activities

• Asset Register Creation and Data Entry — Learners create an asset register using a template, populate it with sample data, and practice data validation. (4h)
• Lifecycle Costing Exercise — Using a provided case study, learners calculate lifecycle costs for alternative asset acquisition options and recommend the best choice. (6h)
• Maintenance Strategy Simulation — Learners analyse equipment failure data to select appropriate maintenance strategies and schedule tasks using a CMMS simulation. (6h)
• Risk Assessment and Mitigation Planning — Teams conduct a risk assessment on a set of critical assets, develop a risk register, and propose mitigation actions. (4h)
• Asset Management System Audit Simulation — Learners role-play an internal audit of a simulated asset management system, identifying non-conformances and recommending improvements. (4h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total

Component	Out of	Weight
Practical Assignments (rubric-scored)	100%	30%
Daily Average (multiple choice)	100%	20%
Final Test (multi-answer multiple choice)	100%	50%
Final Total	—	100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

How it works

• Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
• Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
• You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
• If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.

Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates	Discount
5	3% off
10	6% off
15	9% off
20	12% off
25	15% off
30	18% off
50	30% off
75	35% off
100	40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.