IMPLEMENTATION OF FACILITY MANAGEMENT WITHIN ASSET MANAGEMENT FRAMEWORK
Integrating Facility Management into Strategic Asset Management for Long-Term Value and Performance
Course Schedule
| Venue (InHouse) | Fees |
|---|---|
| At Your Organization Premises | Ask For The Quotation |
Course Introduction
Facility Management (FM) and Asset Management (AM) are closely interrelated disciplines, both essential to maximizing the performance, value, and longevity of physical assets. However, many organizations operate them in silos, missing critical opportunities for optimization and cost savings. This course is designed to bridge that gap.
This 5-day intensive training empowers professionals to embed FM practices within an asset management framework in line with ISO 55000 standards. Participants will learn how to align maintenance, operations, and facility strategies with long-term asset value creation, enabling smarter investments, greater accountability, and improved operational resilience.
Course Objectives
By the end of this course, participants will be able to:
- Understand the interdependencies between facility and asset management
- Apply ISO 55000 asset management principles to facility operations
- Develop integrated FM and AM strategies for asset performance optimization
- Create frameworks for risk, lifecycle, and cost-based decision-making
- Implement tools for performance measurement and continuous improvement
- Enhance alignment between facilities, finance, and organizational strategy
Key Benefits of Attending
- Understand how to embed FM processes into broader asset management strategy
- Learn to improve asset lifecycle decisions with FM data and insights
- Ensure value-driven decisions using risk-based and cost-informed models
- Improve communication and accountability between FM, finance, and operations
- Align your facility and asset teams under a unified, strategic vision
- Gain practical skills and tools for implementation and integration
Intended Audience
This program is designed for:
- Facility and Asset Managers
- Operations and Maintenance Leaders
- Strategic Planners and Infrastructure Executives
- Estate and Property Managers
- Engineers and Maintenance Consultants
- Corporate Real Estate Professionals
Individual Benefits
Key competencies that will be developed include:
- Strategic facility and asset integration planning
- Risk-based and lifecycle-based asset decision-making
- Capital planning and budgeting aligned with organizational goals
- Data-driven performance monitoring and optimization
- Use of ISO 55000, ISO 41001, and PAS 55 frameworks
Organization Benefits
Upon completing the training course, participants will demonstrate:
- Better alignment of operational and capital strategies
- Improved asset lifecycle performance and value realization
- Reduced maintenance costs through smarter planning
- Integrated reporting and compliance across FM and AM functions
- Stronger organizational resilience and stakeholder confidence
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
- Strategy Briefings – Exploring ISO 55000, ISO 41001, FM/AM integration frameworks
- Case Studies – Global examples of successful FM-AM alignment
- Workshops – Designing integrated asset/facility strategies and lifecycle plans
- Peer Exchange – Cross-sector discussions on challenges and best practices
- Tools – Lifecycle planning templates, risk models, KPI dashboards, AM policies
Course Outline
DETAILED 5-DAY COURSE OUTLINE (CUSTOMIZABLE)
Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3–4 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: Foundations of Asset and Facility Management
- Module 1: Introduction to Facility Management and Asset Management Concepts (07:30 – 09:30)
- Key principles, definitions, and business value
- Module 2: Overview of ISO 55000 and ISO 41001 Standards (09:45 – 11:15)
- Commonalities, differences, and alignment opportunities
- Module 3: The Case for Integrated FM-AM Frameworks (11:30 – 01:00)
- Synergies, cost savings, and value realization
- Module 4: Workshop – Gap Analysis of Current FM & AM Practices (02:00 – 03:30)
Day 2: Lifecycle and Strategic Planning
- Module 1: Lifecycle Thinking and Asset Criticality in FM (07:30 – 09:30)
- Asset lifecycle stages, decision points, and interventions
- Module 2: Facility Operations’ Role in Long-Term Asset Value (09:45 – 11:15)
- How maintenance, use, and upgrades affect total lifecycle cost
- Module 3: Integrating Strategic Asset Plans with FM Activities (11:30 – 01:00)
- Aligning operational and strategic planning horizons
- Module 4: Workshop – Asset Lifecycle Plan Development (02:00 – 03:30)
Day 3: Risk, Performance & Governance Integration
- Module 1: Risk-Based Asset and Facility Management (07:30 – 09:30)
- Risk registers, criticality scoring, and mitigation planning
- Module 2: Performance Measurement in FM and AM (09:45 – 11:15)
- Developing integrated KPIs and dashboards
- Module 3: Governance, Policy, and Accountability Structures (11:30 – 01:00)
- Oversight, reporting lines, and decision-making models
- Module 4: Workshop – Developing a Risk-Performance Integration Map (02:00 – 03:30)
Day 4: Budgeting, Technology, and Information Management
- Module 1: CapEx and OpEx Alignment Across AM and FM (07:30 – 09:30)
- Forecasting, asset investment planning, and optimization
- Module 2: CMMS, EAM, and BIM for Asset-Facility Integration (09:45 – 11:15)
- Digital tools for shared decision support and data management
- Module 3: Building Information Models and Lifecycle Data Flow (11:30 – 01:00)
- Linking facility operations to design and construction data
- Module 4: Workshop – FM-AM Technology Alignment Plan (02:00 – 03:30)
Day 5: Implementation Roadmap & Change Management
- Module 1: Change Management for FM-AM Integration (07:30 – 09:30)
- Stakeholder engagement, training, and transition planning
- Module 2: Developing an FM-AM Implementation Roadmap (09:45 – 11:15)
- Key steps, timelines, and roles
- Module 3: Sustaining Value through Continuous Improvement (11:30 – 01:00)
- Audit cycles, reviews, and realignment practices
- Module 4: Final Workshop – FM-AM Strategic Integration Plan (02:00 – 03:30)
Certification
Participants will receive a Certificate of Completion in Facility Management Implementation within Asset Management Framework, confirming their ability to strategically integrate facility operations within a broader asset management system in line with ISO 55000 principles.