AW012 Asset & Asset Management System Performance

This module explains the role of ‘asset health’ and ‘asset management system performance monitoring’ in supporting the delivery of an organisation’s asset management objectives.

It covers the importance of setting clear performance indicators and effective measurement processes, and of identifying non-conformance criteria and appropriate responses. It also emphasizes the importance of continual improvement in asset management.

Learning Outcomes

This module will provide you with an understanding of:

The importance of monitoring the health and performance of assets, asset management activities and the asset management system as a whole
The importance of aligning asset performance measures to the delivery of asset management objectives, and examples of key performance indicators (KPIs) used by organisations
The need to define non-conformance or failure criteria within performance measures and the need for appropriate action plans and responses, and
The importance of performance measures to the ‘Continual Improvement’ process.

Course Content

In Asset & Asset Management System Performance we look at:

Why we measure assets
Performance indicators
Measurement processes
How performance measures play a key part in the ‘Continual Improvement’ process

Estimated Duration

20 mins in one session (or in small parts if preferred)

This course includes:

Certificate of completion
Interactive activities