Physical Asset Management and Life Cycle Costing

Course Overview

Behind most operational problems sits a gap in Physical Asset Management and Life Cycle Costing; closing that gap is what this course is for. The programme runs 5 days and treats every topic the same way: brief grounding, worked example, then delegates do it themselves. Delegates leave with a personal action plan and the confidence to make an immediate difference back at work.

What You Will Achieve

• Explain the core principles and current good practice in Physical Asset Management and Life Cycle Costing
• Apply practical tools and techniques for Physical Asset Management and Life Cycle Costing in your own organisation
• Analyse real-world scenarios and select the right approach with confidence
• Avoid the common pitfalls that undermine Physical Asset Management and Life Cycle Costing in practice
• Build a personal action plan to implement what you have learned

Who Should Attend

Directors, senior managers, heads of department, team leaders and high-potential professionals preparing for greater leadership responsibility.

Course Outline

1. 01Setting the scene: Physical Asset Management and Life Cycle Costing in today's organisation
2. 02Key concepts and the language of Physical Asset Management and Life Cycle Costing
3. 03Frameworks and good practice that deliver results
4. 04Hands-on application: workshop exercises and cases
5. 05Problem-solving clinic: participants' real challenges
6. 06Integrating Physical Asset Management and Life Cycle Costing with day-to-day operations
7. 07Reporting, metrics and demonstrating value
8. 08Action planning: your first 90 days after the course