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Fundamentals of Asset Management
New
15 students
Fundamentals of Asset Management
A practical introduction to asset management, lifecycle thinking, and delivering value from assets
Created byTom Elner
Last updated 6/2026
English
What you'll learn
- Understand what asset management is and how it delivers value to organisations
- Explain the asset lifecycle and how decisions impact long-term performance
- Apply lifecycle thinking to balance cost, risk, and performance
- Identify how different functions collaborate to manage assets effectively
- Recognise the role of strategy, governance, and alignment in asset managemen
- Understand how data and information support better decision-making
- Assess how changing demand influences asset management decisions
- Explain how culture and organisational maturity affect asset management outcomes
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Course content
7 sections • 10 lectures • 30m total length
Requirements
- No prior experience in asset management is required
- A basic understanding of how organisations operate is helpful but not essential
- This course is designed for beginners and those new to asset management concepts
- All key terms and ideas are explained clearly throughout the course
Description
Learn how organisations manage assets to deliver value.
This course provides a clear and practical introduction to asset management, helping you understand how assets are planned, operated, maintained, and improved across their full lifecycle. Whether you are completely new to the topic or looking to build a more structured understanding, this course will give you the foundations you need to succeed.
You will explore the key principles that underpin effective asset management, including how organisations balance cost, risk, and performance to make better decisions. The course walks through each phase of the asset lifecycle—from acquisition through to disposal—showing how decisions made at every stage influence long-term outcomes.
Beyond the lifecycle, you will also learn about the critical enablers of asset management. These include alignment with organisational strategy, the role of data and information in decision-making, and how culture and capability influence performance. By understanding these elements, you will gain insight into what separates high-performing organisations from the rest.
Throughout the course, concepts are explained in a simple and structured way, making it easy to follow and apply in real-world contexts.
By the end of this course, you will have a strong foundation in asset management and a practical understanding of how organisations use assets to deliver value safely, reliably, sustainably, and efficiently.
Who this course is for:
- Professionals new to asset management who want a clear, structured introduction
- Engineers, operations, and maintenance professionals looking to broaden their understanding
- Managers and leaders who need to understand how assets deliver value to their organisation
- Consultants and analysts working in infrastructure, utilities, or capital-intensive industries
- Anyone interested in the fundamentals of asset management and lifecycle thinking