Asset Management Training

Learning Outcomes

• Apply asset management principles to develop an asset management plan for a specific asset category.
• Analyze the lifecycle of an asset, including acquisition, operation, maintenance, and disposal, to identify cost-saving opportunities.
• Evaluate the effectiveness of current asset management practices against industry benchmarks and standards.
• Design a preventive maintenance schedule for critical assets to minimise downtime and extend asset life.
• Implement a system for tracking asset condition and performance, using appropriate tools and techniques.
• Demonstrate the ability to make informed decisions regarding asset replacement or refurbishment based on financial and operational data.

Target Audience

This course is designed for managers, supervisors, and professionals responsible for the acquisition, maintenance, and disposal of physical assets within their organisation. It is also suitable for those seeking to enhance their understanding of asset management best practices.

Prerequisites

None — open enrollment

Course Outline

Practicals

Overview

The practicals involve hands-on exercises using asset management software and real-world case studies, enabling learners to apply theoretical concepts to realistic scenarios. These sessions develop skills in data analysis, risk assessment, and maintenance planning.

Practical Activities

• Asset Register and Life Cycle Costing — Learners create an asset register and perform life cycle costing for a sample asset using spreadsheets. (4h)
• Maintenance Strategy Selection — Using case studies, learners select appropriate maintenance strategies for different asset types and justify their choices. (4h)
• Risk Assessment and FMEA — Learners conduct a risk assessment and perform FMEA on a piece of equipment, documenting risks and mitigation measures. (4h)
• Asset Management Software Simulation — Learners use a CMMS to input asset data, schedule maintenance tasks, and generate performance reports. (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	40% off
100	40% off

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