Learning Outcomes
In this course, participants will gain the skills to articulate the benefits of an asset management (AM) plan and effectively communicate service and risk consequences to stakeholders. They will learn how to document both customer and technical levels of service, as well as develop a comprehensive risk register and risk management plan. A key focus will be on interpreting asset management figures, graphs, and reports, enabling participants to make informed decisions based on data insights.
Participants will also be guided through the practical aspects of asset management, including choosing appropriate data for renewal planning methods and learning how to collate, upload, edit, and report on AM data. They will develop demand management strategies, set priorities for capital works, and prepare a draft asset management plan. Furthermore, they will learn how to connect AM plan expenditure projections to a long-term financial plan and identify key areas for improvement within the plan, ensuring it remains robust and forward-looking.