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Understanding Asset Management, Along With an Introduction to ISO55000

  • Date(s)
    Friday, 27th April 2018
  • Time(s)
    9:00 AM - 5:00 PM
  • Venue
    Louis Fitzgerald Hotel, Newlands Cross, Dublin 22, Ireland
  • Fee

    Members: €465
    Non-Members: €490

    NOTE: You can only book online using credit or debit card details.  If your preferred method of payment is by invoice / purchase order / bank transfer / other, please contact the CPD Training Team on 01-6651305, or email to secure a place.

  • CPD Credit
    7 hours   C1

Asset Management including ISO55000: An entry level course for people who want to understand Asset Management and what it can do for them, along with an introduction to the ISO standard ISO 55000.

Course content

In this one-day introductory workshop you will learn about the important features of asset management and a variety of good practices which will benefit your business. The day will be a mixture of presentations, case studies and workshop sessions. Asset Management standards BSI PAS 55:2008 and ISO 55000:2014 will be introduced and discussed.

Organisations who have overhauled their asset management arrangements attribute the following benefits to their business: cost reductions of 30 – 50 %; raised capability and performance of assets; delivery of high reliability environment for improved operating efficiency, quality and safety; assured and sustainable environmental, regulatory, legal and carbon compliance; proactive management of asset-related risks; improved image and relationships with customers, insurers, regulators and other stakeholders; and improved profitability and return on capital investment. Now who could argue with those examples?

Course programme

  • What is Asset Management and why is it not just maintenance by another name? 
  • Why is it important?
  • The main features of asset management
  • The development of the asset management specifications PAS55 & ISO 55000
  • Assessment Methodology including practical exercises
  • Case studies: How different industries carry out their asset management
  • ISO55000 standard on Asset Management 
  • International Qualifications now available in Asset Management
  • Why would you bother? – Benefits

Who should attend?

This is an entry level course and the target audience is for people who want to understand Asset Management, what it can do for them and be prepared for the asset management standards. Likely attendees are Maintenance Managers, Engineers including those involved in procurement and/or maintenance of physical assets, Supervisors, Production Managers, Superintendents, Managers of Infrastructure, Asset Management consultants & Design Engineers.

Trainer's profile

Paul Wheelhouse BSc (Hons) C.Eng. MIEE worked for ICI in a variety of senior maintenance and production roles for 18 years. A large part of this time was devoted to enhancing the performance of plant, work processes and the functioning of groups.
For the past 20 years Paul has been engaged in Maintenance and Asset Management consulting. This has involved identifying solutions for clients to enhance their return on assets through improved equipment reliability, reduced working capital and effective use of resources. His assignments have been across a multitude of industries located around the world. He regularly makes contributions to maintenance conferences and maintenance-related publications.
Paul is a Chartered Engineer, a member of the Institution of Electrical Engineers, a Council member of the Institute of Asset Management and an associate member of the Institute of Management. He is also a visiting lecturer at the University of Manchester in the UK where he lectures on maintenance for MSc and MBA programmes.


Make a Booking

27 April 2018



Confirmation is subject to event fee being finalised. Cancellation fees calculated at 50% of the estimated total bill will be charge for confirmed bookings cancelled less than 5 working days prior to the date of the planned event. A replacement person can attend instead. Cancellations made the day prior to an event will be charged 75% of the total estimated bill. No-shows will be charged the full fee. All cancellations must be confirmed in writing by email. Engineers Ireland will not be liable for any costs in the event of a course being re-scheduled.  This applies, but is not limited, to any travelling, subsistence or consequential expenses incurred by delegates.