By the end
What you'll build
- Explain whole-life value and why lowest purchase price often costs more
- Determine the criticality of an asset using consequence of failure
- Describe the difference between reactive, preventive and condition-based maintenance
- Recognise how poor asset information degrades every downstream decision
- Explain the consequences of deferring renewal or maintenance in real terms
- Identify your own contribution to asset data quality and condition reporting
Curriculum
What's inside
6 modules · 35 lessons
- 01
What asset management means
6 lessons- Whole-life value and why cheapest to buy is often dearest to own
- Assets, asset systems and portfolios
- Line of sight from organisational objectives to asset decisions
- Asset management versus managing assets
- Roles across operations, maintenance and finance
- + 1 more lesson
- 02
Criticality and risk
6 lessons- Ranking assets by consequence of failure
- Failure modes in everyday language
- Risk-based prioritisation of limited budget
- Redundancy, spares and single points of failure
- Safety and environmental consequences of asset failure
- + 1 more lesson
- 03
Maintenance and operating strategy
6 lessons- Choosing between reactive, preventive and condition-based approaches
- Reliability thinking for non-engineers
- Condition monitoring concepts you should recognise
- Operating practice and its effect on asset life
- Why over-maintenance is also a failure
- + 1 more lesson
- 04
Asset information
6 lessons- How bad asset data quietly ruins good decisions
- Asset registers and what they must contain
- Recording work and condition accurately
- Data flowing between operations, finance and planning
- Information handover from projects to operations
- + 1 more lesson
- 05
Lifecycle decisions
6 lessons- Repair, refurbish, replace or run to failure
- Capital and operating cost interplay
- Deferred renewal and the debt it creates
- Disposal and end-of-life considerations
- Performance review and continual improvement
- + 1 more lesson
- 06
Practice and check
5 lessons- Bad asset data and how it shows upmatch pairs
- Deciding what to do with an ageing assetsequence order
- Lifecycle and criticality languagefill blank
- The gearbox nobody rated properlyscenario
- Course quizquiz
The shape of it
How this course works
Short lessons
35 lessons across 6 modules, each small enough to finish in one sitting.
Practice as you go
Every lesson ends with a small space for what you noticed — the doing is the learning.
Progress you can see
Your progress is saved lesson by lesson, ready whenever you come back.
Ready when you are.
Make an account and this course opens up — your progress is saved from the very first lesson.