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New IET course in Asset Management for Engineers

A new online course in Asset Management for Engineers has been launched by the Institution for Engineering and Technology and the Woodhouse Partnership Asset Management Academy.

The modular course was developed in an 18-month collaboration. It is aligned with ISO 55000 standards for asset management and the Institute of Asset Management’s competence framework.

The course offers an introduction to the principles of asset management for engineers and provides a well-rounded competence development and assurance stage for those who already have practical experience or specialist knowledge, and are now seeking a more comprehensive understanding, the IET says.

It is designed to equip engineers to understand the asset life cycle and the role of appropriate tools to optimise the performance, risk and cost of assets; to identify the information and measures required for effective asset management; and to be able to contribute to asset management policy, strategy, objectives and plans.

The Woodhouse team worked closely with the IET on sector-specific case studies and bespoke content for an engineering audience. Woodhouse Academy manager Luc Juffkins said: “With the IET we have created a platform for IET members to learn asset management principles, the practical techniques and soft skills needed to raise standards in their organisations.”

Asset Management for Engineers: Optimal Life Cycle Management of Physical Assets consists of 13 modules which count as 13 IET continuous professional development hours, and is available at https://academy.theiet.org/asset-management