Asset Management 101

Lessons

1. What are Assets?

   16 mins

   Peter Kohler

   Assets are solutions to requirements. It is important to ensure your assets deliver or answer business needs. In this video we define this further and provide examples of what these might be.
2. What is Asset Management

   14 mins

   Peter Kohler

   There are various definitions of Asset Management. In this video we explain the definitions from the Asset Management Council and the ISO55000 standard.
3. Managing Assets vs. Asset Management

   14 mins

   Peter Kohler

   Asset management discipline implies that there is certain way of approaching the solution. People are often confused between the difference of managing assets and asset management. In this video we explain this difference and how it impacts your asset decisions.
4. The Asset Management Models

   14 mins

   Peter Kohler

   This video asks three key questions on Asset Management. What is needed strategically? How is that supported tactically? and then how is that supported operationally? Peter then explains the purpose of these three questions.
5. The Asset Management Concept Model

   16 mins

   Peter Kohler

   In this video Peter identifies the four core principles of Asset Management. He then elaborates on them by going in depth about each principle by explaining how you can enact those principles.
6. The AM Concept Model (Plan, Do, Check, Act)

   14 mins

   Peter Kohler

   The AM Concept Model has four key Principles: Plan, Do, Check and Act. In this video Peter explains that each of these steps must be enacted by the Organisation.
7. Why are there Four Principles for the AM Concept Model

   14 mins

   Peter Kohler

   In this video Peter talks about the four principles of the AM concept model being Alignment, Value, Assurance and Leadership. He explains why the ISO standard has identified four main key principles when they may in fact be more.
8. The Role and Value of Asset Management

   14 mins

   Peter Kohler

   Asset Management has a key role in the industry and it must be properly understood. In this video Peter explains what the role and Value of Asset Management actually has in the industry.
9. Asset Management System

   14 mins

   Peter Kohler

   In this video Peter goes in depth on the Asset Management System and explains what the value of risk management is in all facets of the process.
10. Purpose of Asset Management Systems Model

    13 mins

    Peter Kohler

    You know about the Asset Management Systems Model, but do you know the purpose of the model? In this video, Peter explains the Purpose of Asset Management Systems Model and why it is helpful.
11. Elements of Asset Management Systems Model

    14 mins

    Peter Kohler

    In this video Peter goes further in depth on the Elements of Asset Management Systems Model. He explains the roles that Stakeholders, Leadership and Organisational Objectives have on the Asset Management System.
12. Asset Management Objectives

    14 mins

    Peter Kohler

    In this video, Peter goes in depth and explains what Asset Management Objectives are. He uses three key questions to help. What assets do I need? What are they each going to do? How are they going to work together to deliver what the business wants?
13. Processes for Identifying and Delivering Asset Management Objectives

    15 mins

    Peter Kohler

    In this video Peter goes in depth on the Processes of Identifying and Delivering Asset Management Objectives. He does this by briefly explaining how the processes are used to achieve the Objectives.
14. Decision Making in terms of Identifying and Delivering Asset Management Objectives

    14 mins

    Peter Kohler

    In this video Peter outlines the importance of organisations having processes documented that identify how to achieve agreed Asset Management Objectives. He explains the thought process that goes into identifying and delivering the benefits of asset management.
15. Risk Management in terms of Identifying and Delivering Asset Management Objectives

    14 mins

    Peter Kohler

    Peter explains the important role of risk management in all asset management activities. He does so by discussing how to identify and mitigate risks on site as there is no way to be certain about what is going to happen tomorrow and in future years.
16. Performance Monitoring & Improvement in terms of Identifying and Delivering Asset Management Objectives

    14 mins

    Peter Kohler

    In this video Peter describes the final component of the Asset Management Systems model. This is monitoring and continuous improvement, and he explains why this is important and why all Asset Managers must do it.
17. Capability Delivery Model (Demand Management)

    15 mins

    Peter Kohler

    Peter explains what the Demand Management section of the Capability Delivery Model is needed for and how to use it. He does this by describing each of the three steps within the Demand Management section of the Capability Delivery Model.
18. Capability Delivery Model (Systems Engineering)

    17 mins

    Peter Kohler

    In this video we move onto the next part of the Asset Capability Delivery Model, Systems Engineering. Peter once again delves into elements of the Systems Engineering process to give you a better understanding and teach you how to use this same method.
19. Capability Delivery Model (Acquisition, Operations & Maintenance)

    14 mins

    Peter Kohler

    In this video Peter delves into the ongoing support considerations that accompany any decision that is made to buy, lease or acquire a new asset. He does this by highlighting which steps in the Capability Delivery Model cover the integrated support environment and whole of life costs considerations, and then explaining each step and how and why you should be using them.
20. Capability Delivery Model (Configuration Management and Continuous Improvement)

    16 mins

    Peter Kohler

    Peter moves onto the next part of the Capability Delivery Model 'Process Monitoring, Configuration Management and Continuous Improvement'. He explains the relationship between the various activities and the benefits to be gained by implementing the processes.
21. Capability Delivery Model (Disciplines)

    15 mins

    Peter Kohler

    Peter summarises each segment of the Capability Delivery Model and describes what they are needed for. He does this by identifying each segment one by one and giving an overview on each part.
22. Common Asset Management Myths (Part 1)

    16 mins

    Peter Kohler

    In this video Peter discusses three common myths about Asset Management and explains why they are no more that just myths.
23. Common Asset Management Myths (Part 2)

    17 mins

    Peter Kohler

    In this video Peter discusses another three common myths about Asset Management and explains why they are no more that just myths.
24. Common Asset Management Myths (Part 3)

    16 mins

    Peter Kohler

    In this video Peter discusses another three common myths about Asset Management and explains why they are no more that just myths.
25. What Benefits can Asset Management Deliver to an Organisation

    16 mins

    Peter Kohler

    Peter discusses what benefits he has seen in organisations that have a mature Asset Management approach. He discusses actual case studies as he highlights benefits that effective asset management provides to those businesses.
26. The Benefits of Asset Management

    16 mins

    Peter Kohler

    Peter discusses more benefits that he has seen in organisations that have a mature Asset Management program. He discusses another actual case study that highlights the risk mitigation and financial benefit that effective Asset Management can provide.
27. Asset Management Course: Where to from here?

    14 mins

    Peter Kohler

    Here at The Asset Management College we have much more content for you to watch and learn from. In this video Peter shows you what that other content is and where to go to access it.