Power System , Transmission & Distribution ,

Physical Asset Management Fundamentals For Electrical Engineers

This course allows students to acquire core fundamental knowledge in effective strategic decision making throughout the asset life cycle (such as that found in the utility industry). 17 lessons in 5h 29m total course length.

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Mike L

Course Description

Physical Asset Management Fundamentals is a comprehensive video course where you can learn industry specific knowledge about how to manage physical assets such as that found in the utility industry. I have handcrafted this course to allow students to acquire core fundamental knowledge on how to develop the key knowledge needed to do effective strategic decision making throughout the asset life cycle.

If you are a Professional who is responsible in the acquisition, operation or maintenance of a company’s physical assets, you will find this course of great help to get the fundamental knowledge you need to enhance your professional career.

This course can help you to get an advantage at work or getting a job as it gives you core knowledge in asset management that you would not have otherwise obtain unless you have worked in the industry. And knowledge is power. So let’s get started!

What you get out of this course:

Overall foundation on Physical Asset Management Planning Process
Asset Management Financial Analysis for CAPEX and OPEX
Inventory Management Fundamentals
Reliability and Maintenance Fundamentals
And much more!

Who Is This Course For

Professionals who are interested to work as an Asset Manager or Equipment Engineer
People who just got a job in Physical Asset Management and look for ways to get foundation knowledge
Students who are interested in how physical assets such as transformers are managed within a company

Requirements

A desire to learn
Basic math

Course Content

1. Introduction 1 Topic

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1. Introduction to the Course

2. Fundamentals of Physical Asset Management 4 Topics

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1. What is Physical Asset Management

2. The Planning Process

3. Asset in Operation

4. Risk Management

3. Financial Analysis 2 Topics

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1. Asset Financial Analysis – Part #1 Capital

2. Asset Financial Analysis – Part #2 Maintenance

4. Inventory 5 Topics

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1. Inventory Management

2. Stocks

3. Forecasting

4. Forecasting Models

5. Inventory Planning

5. Maintenance 3 Topics

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1. The Art of Maintenance

2. FMEA

3. Spare Strategy

6. ISO 55000 1 Topic

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1. ISO 55000 – Asset management

7. Conclusion 1 Topic

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1. Conclusion

About Instructor

Mike L

Mike is an experienced engineer working in various roles within the utility industry and has experience teaching engineering concepts to the public, fellow engineers, and power line professionals. While working in the utility industry, he discovered that although the theoretical knowledge taught in school provides a fundamental knowledge base, it is not enough for the job. He found various industry-specific lingo and practices that it is hard to learn without working within the industry for years and years.

2 Courses

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Buy this Course

$28.45

Course Includes

7 Lessons
17 Topics
Course Certificate
Lifetime Access