The Asset Management for Facilities Managers: Maximising Building Performance and Asset Value Training Course by The British Academy For Training and Development is a specialised Training Courses In Facilities Management programme designed to develop professional skills in Facility Asset Management. This Management category course focuses on improving the planning, operation, maintenance, and optimisation of physical assets to increase building performance, reliability, and long-term value.

The course provides practical knowledge of ISO 55001, lifecycle costing, asset performance, and maintenance strategy to help facilities managers create effective asset management frameworks. Participants learn how to evaluate asset conditions, manage risks, improve operational efficiency, and support strategic decision-making throughout the complete asset lifecycle.

• Develop advanced understanding of Facility Asset Management principles and practices.
• Learn how ISO 55001 supports structured asset management systems and organisational performance.
• Understand lifecycle costing methods for improving investment decisions and reducing operational expenses.
• Improve knowledge of asset performance measurement, monitoring, and optimisation techniques.
• Design effective maintenance strategy approaches that increase asset reliability and reduce downtime.
• Apply risk-based approaches for managing building assets and infrastructure.
• Enhance decision-making skills for long-term facilities planning and asset value improvement.
• Improve alignment between facilities operations, business goals, and asset management objectives.

Target Audience

This course is designed for professionals involved in Facilities Management, asset operations, and building performance improvement, including:

• Facilities Managers responsible for building operations and maintenance.
• Asset Managers managing physical infrastructure and equipment.
• Maintenance Managers developing maintenance strategy frameworks.
• Engineering Managers responsible for technical assets and systems.
• Property Managers overseeing building performance and lifecycle planning.
• Operations Managers involved in facility optimisation.
• Project Managers managing asset upgrades and renewal programmes.
• Professionals seeking advanced knowledge in Facility Asset Management.

Module 1: Fundamentals of Facility Asset Management

• Introduction to Facility Asset Management concepts and principles.
• Understanding the role of asset management in modern facilities operations.
• Relationship between asset value, operational efficiency, and business performance.
• Key responsibilities of facilities managers in managing physical assets.
• Asset management challenges in commercial and industrial buildings.

Module 2: Asset Management Frameworks and ISO 55001 Standards

• Overview of ISO 55001 asset management requirements.
• Developing structured asset management systems.
• Asset management policies, objectives, and governance frameworks.
• Aligning asset strategies with organisational goals.
• Implementing continuous improvement processes for asset management performance.

Module 3: Asset Lifecycle Planning and Lifecycle Costing

• Understanding asset lifecycle stages from acquisition to disposal.
• Applying lifecycle costing for better financial planning.
• Evaluating maintenance, replacement, and renewal decisions.
• Reducing total ownership costs through strategic planning.
• Managing asset investment decisions based on long-term value.

Module 4: Asset Performance Monitoring and Improvement

• Measuring asset performance through key performance indicators.
• Developing asset performance evaluation systems.
• Monitoring reliability, availability, and operational efficiency.
• Using performance data for informed facilities decisions.
• Improving building systems and infrastructure effectiveness.

Module 5: Maintenance Strategy Development

• Creating effective maintenance strategy frameworks.
• Preventive, predictive, and condition-based maintenance approaches.
• Reducing equipment failures and improving asset reliability.
• Integrating maintenance planning with asset management objectives.
• Optimising maintenance resources and operational budgets.

Module 6: Risk Management and Asset Reliability

• Identifying risks associated with building assets.
• Developing risk-based asset management approaches.
• Asset failure analysis and reliability improvement.
• Managing safety, compliance, and operational risks.
• Protecting asset value through proactive management.

Module 7: Digital Tools and Data-Driven Asset Management

• Using technology to improve Facility Asset Management.
• Asset information systems and digital monitoring tools.
• Data collection and analysis for better decision-making.
• Supporting facilities operations through digital transformation.
• Improving asset visibility and performance tracking.

Module 8: Strategic Asset Management for Future Facilities

• Developing long-term asset management strategies.
• Improving building performance through strategic planning.
• Integrating sustainability with asset management practices.
• Creating value-driven facilities management approaches.
• Building continuous improvement plans for asset performance.