Get started in Asset Management with this introduction

Competent Asset Managers are in high demand as companies seek to do more with less. This is the perfect first step in the world of Asset Management and your path to becoming an Asset Management Professional.

Our Fundamentals course assists in breaking down organisational silos and developing alignment through the organisation.

Location
Online
Dates
Self study - start today
Places
Unlimited places
US$0

Modules

The Fundamentals course consists of 3 modules.

All modules have an English voice-over and closed captions which can be optionally muted. The course can be taken for free on the Litmos app and downlaoded for offline viewing.

Foundations of Asset Management

Gain a clear understanding of what asset management is and why it matters. This course introduces key concepts, including how assets create value, how asset management supports organisational strategy, and how the asset lifecycle provides a structured approach to managing assets effectively.

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

  1. Define asset management and explain its role in delivering organisational value.
  2. Describe different types of assets and how they contribute to organisational outcomes.
  3. Explain the relationship between asset management and organisational vision and strategy.
  4. Identify key value drivers, including cost, risk, performance, and sustainability.
  5. Describe the asset lifecycle and its key phases.
  6. Explain the importance of adopting a whole-life approach to asset decision-making.

The Asset Lifecycle in Practice

Explore how assets are managed across their full lifecycle—from acquisition through to disposal. This course examines how decisions at each stage influence performance, cost, and risk, and how organisations optimise value through effective lifecycle management.

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

  1. Explain the purpose and activities of each lifecycle phase (acquisition, operations, maintenance, and disposal).
  2. Describe how early lifecycle decisions impact long-term asset performance and value.
  3. Identify the key requirements for effective asset operation, including safety, service delivery, and compliance.
  4. Differentiate between maintenance strategies and explain how they influence asset reliability and cost.
  5. Recognise the drivers and risks associated with asset disposal decisions.
  6. Apply lifecycle thinking to balance cost, risk, and performance.

Enablers of Asset Management

Understand the critical enablers that support effective asset management. This course explores alignment with organisational strategy, decision-making in changing environments, the role of data and information, and how culture and maturity underpin long-term success.

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

  1. Explain how asset management aligns with organisational strategy and objectives.
  2. Describe how changing demand and external factors influence asset management decisions.
  3. Evaluate trade-offs between cost, risk, and performance in different scenarios.
  4. Explain the role of data and asset information in supporting decision-making.
  5. Identify the characteristics of high-quality data and its importance in asset management.
  6. Describe how culture, leadership, and organisational maturity influence asset management performance.
  7. Recognise the importance of continuous improvement in achieving asset management excellence.

Meet Our Students

“The course was very detailed and had plenty of examples which helped with understanding. As a new starter to the field of asset management it was extremely helpful to have this resource to gain an overview of the type of work I will be undertaking and its importance to the wider environment.”

“I really enjoyed this course and it has opened my eyes to Asset Management. I plan to now follow this career path and look forward to sitting the eCert course! The course itself is very well presented, it has been constructed with quality in mind and is one of the best quality eLearning courses I have done.”

“I found the course useful in providing an overview of Asset Management. The concepts helped introduce the big picture to anyone interested in working in Asset Management. I found the downloadable resources an invaluable benefit as reference material. “

FAQs

The Fundamentals of Asset Management course includes

  • One month access to the online course
  • Offline access via the Litmos App

There isn’t any specific pre-reading for this course.

Our general recommended reading list can be found here

The course is broken into 3 distinct parts, each has a mini assessment built in. There is no formal qualification, however a PDF completion certificate will be generated.

CPD Certified IMM Endorsed Trainer Certified Asset Management Assessor
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