Asset Management for Facilities Managers Training Course |Smart

Overview

Why Attend

Facility Asset Management is the structured process of planning, acquiring, operating, and maintaining building assets to maximize their value over their entire service life. Rather than managing equipment and infrastructure in isolation, effective asset management connects day-to-day operations with long-term financial and performance goals — helping organizations make better decisions about where to invest, repair, or replace.

As facilities portfolios grow larger and more complex, aligning maintenance decisions with organizational strategy and international standards such as ISO 55001 has become increasingly important. To build this capability, the Asset Management for Facilities Managers training course, equips facilities professionals with the frameworks and tools needed to manage assets strategically, from lifecycle costing to performance monitoring.

Through a practical, standards-based approach, participants learn how to evaluate asset performance, develop sound maintenance strategy decisions, and build asset management practices that support long-term facility value.

Course Objectives

By the end of the course, participants will be able to:

By the end of this course, participants will be able to:

Understand the core principles of Facility Asset Management and its role within organizational strategy.
Apply the framework and requirements of ISO 55001 to facilities asset management practices.
Use lifecycle costing to evaluate acquisition, operation, and disposal decisions.
Monitor and interpret asset performance data to support informed decision-making.
Develop a maintenance strategy aligned with asset criticality and organizational risk tolerance.
Build asset registers and classification systems that support planning and reporting.
Communicate asset management priorities effectively to stakeholders and senior management.

Target Group

Facilities managers and asset managers
Maintenance and operations managers
Asset and reliability engineers
Facilities directors responsible for portfolio-level decisions
Professionals preparing for ISO 55001-aligned asset management roles

Course Outline

Introduction to Facility Asset Management

Defining asset management and its value to facilities operations
The relationship between asset management and organizational strategy
Key roles and responsibilities in the asset management process

ISO 55001 and Asset Management Frameworks

Overview of the ISO 55001 standard and its core requirements
Building an asset management policy and strategic asset management plan
Aligning asset management practices with organizational objectives

Lifecycle Costing

Principles of whole-life and lifecycle costing
Evaluating total cost of ownership for facilities assets
Using lifecycle cost data to support investment and replacement decisions

Asset Performance Monitoring

Key performance indicators for tracking asset condition and performance
Using performance data to identify underperforming assets
Reporting asset performance to support strategic decision-making

Maintenance Strategy and Asset Criticality

Aligning maintenance strategy with asset criticality and risk
Balancing preventive, predictive, and corrective maintenance approaches
Integrating maintenance planning with asset management goals

Asset Registers, Planning, and Reporting

Building and maintaining accurate asset registers
Classifying assets to support planning and budgeting
Communicating asset management outcomes to stakeholders

Schedule & Fees

2026 Schedule & Fees

25 - 29 Oct, 2026

English

Per participant USD 2,900

25 - 29 Oct, 2026

Arabic

Per participant USD 2,900

6 - 10 Dec, 2026

English

Per participant USD 2,900

6 - 10 Dec, 2026

Arabic

Per participant USD 2,900

2027 Schedule & Fees

24 - 28 Jan, 2027

English

Per participant USD 2,900

24 - 28 Jan, 2027

Arabic

Per participant USD 2,900

7 - 11 Mar, 2027

English

Per participant USD 2,900

7 - 11 Mar, 2027

Arabic

Per participant USD 2,900

25 - 29 Apr, 2027

English

Per participant USD 2,900

25 - 29 Apr, 2027

Arabic

Per participant USD 2,900

6 - 10 Jun, 2027

English

Per participant USD 2,900

6 - 10 Jun, 2027

Arabic

Per participant USD 2,900

25 - 29 Jul, 2027

English

Per participant USD 2,900

25 - 29 Jul, 2027

Arabic

Per participant USD 2,900

5 - 9 Sep, 2027

English

Per participant USD 2,900

5 - 9 Sep, 2027

Arabic

Per participant USD 2,900

24 - 28 Oct, 2027

English

Per participant USD 2,900

24 - 28 Oct, 2027

Arabic

Per participant USD 2,900

5 - 9 Dec, 2027

English

Per participant USD 2,900

5 - 9 Dec, 2027

Arabic

Per participant USD 2,900