Faced with complicated transmission and distribution systems and limited O&M budgets, utilities are being pressed to optimize their asset management investments while facing heavy scrutiny from both internal and external stakeholders.
Salvo Global’s course focuses on real experiences shared with attendees so they will leave with asset management tools to address problematic system components and justify their maintenance decisions to management, regulators, and external stakeholders. Best practices in asset management and strategic investment decision are at the program’s core and will be discussed throughout with a focus on getting the most out of your assets for the least cost and best value. Developing an asset health monitoring framework for measuring, tracking and monitoring value creation will be highlighted as well.
By completing the Asset Management course, organisations will gain benefits with:
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- Consistent, prioritised and auditable risk management
- Reduced product and service problems
- Lower operating costs
- Alignment with existing initiatives, including competency development
- Sustainable and robust continuous improvement processes
- Better decision making
- Increased consistency in business practices
- Enhanced employee engagement
- Improved planning
- Overall business improvement

