Principles of Asset Management Course in Doha, Qatar

Asset management is the coordinated activity of an organization to realize value from its assets. This course introduces the principles and practice of managing physical assets such as plant, infrastructure, buildings, fleets and equipment across their whole life cycle, from planning and acquisition through operation and maintenance to renewal and disposal. It explains the ISO 55000 series of international standards, the strategic asset management plan, and how asset management balances cost, risk and performance to support organizational objectives.

Participants apply the concepts through exercises such as building a line of sight from organizational objectives to asset plans, ranking assets by criticality, comparing maintenance strategies and carrying out a simple life cycle cost comparison between repair and replacement. Discussion also covers asset information, data quality and the role of leadership and culture. The course runs as a classroom or live online program in Doha and can be delivered as an in-house program for organizations that want to apply the principles to their own asset portfolio.

By the end of this course, participants will be able to:

• Explain asset management concepts, terminology and the structure of the ISO 55000 series

• Link organizational objectives to asset management objectives and plans

• Assess asset criticality and risk to prioritize decisions and resources

• Compare maintenance strategies including preventive, predictive and risk-based approaches

• Use life cycle costing to support acquisition, renewal and disposal decisions

• Identify the asset information, roles and culture needed for effective asset management

This course is intended for professionals involved in planning, operating, maintaining or investing in physical assets.

• Asset managers and asset engineers

• Maintenance and reliability engineers

• Facilities and infrastructure managers

• Operations managers responsible for plant and equipment

• Finance and planning staff involved in capital investment

Module 1: Introduction to Asset Management

• What asset management is and why it matters

• Assets, asset systems and asset portfolios

• Overview of ISO 55000, ISO 55001 and ISO 55002

• Value, alignment, leadership and assurance principles

Module 2: Strategy and Planning

• Asset management policy and objectives

• The strategic asset management plan

• Line of sight from objectives to work

• Demand forecasting and capacity planning

Module 3: Risk, Criticality and Maintenance

• Asset criticality assessment methods

• Failure modes and asset condition assessment

• Preventive, predictive and condition-based maintenance

• Introduction to reliability-centred maintenance

Module 4: Life Cycle Decision-Making

• Life cycle cost analysis

• Repair, refurbish or replace decisions

• Capital investment prioritization

• Disposal and end-of-life considerations

Module 5: Enablers and Performance

• Asset information, registers and data quality

• Roles, competence and organizational culture

• Asset performance indicators

• Continual improvement and management review

Qatar has built extensive infrastructure and industrial capacity, including energy facilities, utilities networks, transport systems, hospitals, schools and public buildings. Getting reliable performance and value from these assets over decades depends on sound asset management, not only on successful construction. As attention shifts from building new facilities to operating and sustaining them, organizations in Doha need professionals who can plan maintenance and investment wisely. This course supports that transition and the long-term sustainability goals of Qatar National Vision 2030.

Join a scheduled class at our training center in Doha or attend live online. For organizations, the course can run as an in-house program at your premises or online, tailored to your sector, case studies and timetable.