Enterprise asset management (EAM) means the whole life optimal management of the physical assets of an organization to maximize value.It covers such things as the design, construction, commissioning, operations, maintenance and decommissioning/ replacement of plant, equipment and facilities. "Enterprise" refers to the management of the assets across departments, locations, facilities and, in some cases, business units. By managing assets across the facility, organizations can improve utilization and performance, reduce capital costs, reduce asset-related operating costs, extend asset life and subsequently improve ROA (return on assets).
The functions of asset management are taking a fundamental turn where organizations are moving from historical reactive (run-to-failure) models and beginning to embrace whole life planning, life cycle costing, planned and proactive maintenance and other industry best practices. Some companies still regard physical asset management as just a more business-focused term for maintenance management until they begin to realize the organization-wide impact and inter-dependencies with operations, design, asset performance, personnel productivity and life cycle costs.
Training by Real time Expert trainer
Live Online Classes
Free study material
Online virtual Classes available in morning, evening and weekend
Prerequisites
CCB Fundamentals
MDM Fundamentals
Duration
Online
The format is 40% theory, 60% Hands-on.
It is a 20 days program and extends up to 2 Hrs each.
Corporate
The format is 40% theory, 60% Hands-on.
It is a 5 days program and extends up to 8 Hrs each.
Classroom
Private Classroom arranged on request and minimum attendees for batch is 4.
Course Content