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Home All Courses PAM Certificate in Physical Asset Management

PAM Certificate in Physical Asset Management

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Course Overview

Physical Asset Management can reduce maintenance costs, increase the economic life of capital equipment, reduce company liability, increase the reliability of systems and components, and reduce the number of repairs to systems and components. When properly executed, it can have a significant impact on an organization’s bottom line. This fiveday program has been designed to help managers care for their assets efficiently and effectively through sound and timely decision-making. This certificate program gives participants the tools and methodologies necessary to achieve maintenance excellence in your organization.



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5 Key Takeaways


Assessing your organization’s asset management maturity level, setting goals, analyzing gap, and develop road map to close the gap.

Developing right and optimum maintenance, reliability, and asset management strategies most suitable for your organization.



Learn how to manage and optimize your spare parts costs.

Calculate economic life of your expensive assets.



Find the right inspection and PM intervals for your critical equipment.



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Course Outline


Leadership and control, managing risk and reliability

  • Maintenance pyramid of excellence overview:
    -Leadership, control, continuous improvement, quantum leaps
    -Maintenance strategy, managing change, maintenance tactics, MRO materials management and performance measures Assessing an organization’s current

Maintenance Maturity & Reliability-centered maintenance and failure modes and effects analysis

  • An approach to prioritizing opportunities for improvement
    -Six key steps to planning and scheduling resources effectively
    -Planning exercise
    -Asset – centric continuous improvement and risk reduction
    -How to successfully implement an RCM program

  • Strategic cost reduction:
    -What does this really mean in maintenance?
    -What can we realistically achieve?
    -How do we get a committed focus on Maintenance and Asset Management?


Asset Management

  • How to approach an organization looking to improve their Asset Management performance

Exercise - Case study – on an actual company looking to improve its business

  • The impact of Change Management in Asset Management transformation
    -Why is Change Management important in Asset Mng. agreement effectiveness?
    -How have successful programs embraced Change effectively?
    -What key steps contribute to successful change?

  • Introduction to decision-making optimization and its applications:
    -Optimizing life cycle decisions Technology Trends and Asset Management
    -More than just Maintenance management systems

  • A strategic approach to achieving maintenance excellence:
    -Getting the technology, process and people mix right




The Centre for Maintenance Optimization and Reliability Engineering is directed by Professor Andrew K. S. Jardine, the internationally recognized maintenance optimization expert, within the Department of Mechanical and Industrial Engineering at the University of Toronto. C-MORE’s research is driven by close interactions with industry, in particular with C-MORE consortium members and with researchers at universities worldwide. Our focus is on real-world research in engineering asset management in the areas of condition based maintenance, spares management, protective devices, maintenance and repair contracts, and failure-finding intervals. These strong industry connections not only benefit the companies we work with, but also our graduate students, who find work in the maintenance divisions of industry leaders after graduation. We apply our research with prototype software tools that obtain valuable information from data in corporate databases. Two of these tools are now commercially available through the Ontario-based C-MORE spinoff company OMDEC, and through Ivara an industry leader and innovator in asset reliability solutions. C-MORE is also the driving force behind IMEC: The Asset Management Conference, which brings together leaders in the global maintenance field. For information about the conference, you can visit our site, or view Maintenance Technology’s article about the conference. C-MORE welcomes maintenance professionals as visitors and collaborators.



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Who Should Attend?

This highly practical and interactive course has been specifically designed for:

  • Director of Engineering

  • Asset Manager

  • Physical Asset Manager

  • Asset Integrity Manager

  • Maintenance Manager

  • Facility Manager

  • Reliability Engineer

  • Operations Manager






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Most of our public courses are delivered in English language. You need to be proficient in English to be able to fully participate in the workshop and network with other delegates. For in-house courses we have the capability to train in Arabic, Dutch, German and Portuguese.

LEORON Institute partners with 20+ international bodies and associations.
We also award continuing professional development credits (CPE/PDUs) for:
1. NASBA (National Association of State Boards of Accountancy)
2. Project Management Institute PDUs
3. CISI credits
4. GARP credits
5. HRCI recertification credits
6. SHRM recertification credits

The deadline to register for a public course is 14 days before the course starts. Kindly note that occasionally we do accept late registrations as well, but this needs to be confirmed with the project manager of the training program or with our registration desk that can be reached at +971 4 447 5711 or [email protected].

The course fee covers a premium training experience in a 5-star hotel, learning materials, lunches & refreshments, and for some courses, the certification fee and membership with the accrediting bodies.

Yes, we can provide discounts for group bookings. If you would like to discuss a discount on a corporate level, we will be happy to talk to you.

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