This course is designed to provide participants with a detailed and up-to-date overview of Certified Asset Management Assessor (CAMA): Asset Management Work Processes. It covers the importance of asset management and the phases of asset life cycle from acquisition to disposal; the types of assets and the role of an asset management assessor; the key asset management principles and ISO 55000 standards for asset management; the importance of strategic asset management plan (SAMP); and how to manage and communicate with stakeholders.
Further, the course will discuss the ethical concerns and the importance and methodology of risk management in asset management; the types of risks and quantitative and qualitative risk assessment methods; the risk mitigation strategies, financial concepts in asset management, valuation of assets and cost-benefit analysis; the methods and calculations of depreciation and amortization; and the difference between capital expenditures versus operational expenditures.
During this interactive course, participants will learn the key performance indicators (KPIs), asset performance metrics, data collection methods and benchmarking; the performance data and proper auditing in asset management; the types of audits and audit planning, execution and reporting; the corrective actions and follow-ups; the technology in asset management and computerized maintenance management systems (CMMS); the enterprise asset management (EAM) systems, IoT and smart assets, blockchain and artificial intelligence in asset management; and the cybersecurity concerns, technology integration and future trends in asset management technology.