The role of your asset management department is of vital importance as it determines the operational performance and
ultimate profitability of your business. In today’s volatile climate, with depressed market ageing assets, your asset team is faced with the challenging task of making sure that your assets system delivers optimal performance, control
operational cost throughout the asset’s life cycle, and effectively managing the risk involved.
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Asset management plans master class 2017
1. For immediate registration, contact us on +27 11 036 5241 email info@sactem.co.za
ASSET MANAGEMENT
PLANS MASTER CLASS
Date: 15 - 17 FEBRUARY 2017
Venue: The Manhattan Hotel
Pretoria
2. For immediate registration, contact us on +27 11 036 5241 email info@sactem.co.za
Course Overview
The role of your asset management department is of vital importance as it determines the operational performance and
ultimate profitability of your business. In today’s volatile climate, with depressed market ageing assets, your asset team
is faced with the challenging task of making sure that your assets system delivers optimal performance, control
operational cost throughout the asset’s life cycle, and effectively managing the risk involved.
You have to advance your asset management practices by also complying with regulatory framework and understand
how it can impact planning and profitability in your organization. We know you should have technology in place to
track and maintain your assets, but are you currently optimizing these resources? Your failure to manage and maintain
this system can result in decreased reliability, underused asset, misplaced items, equipment failure, increased
operational costs and purchasing of unnecessary assets.
It is with this background that SACTEM has developed this highly interactive 3 days Master Class to equip you with
tools to help better manage your assets and technology appropriately. Our training sets out the vision, core values and
objectives which form the context for the preparation of Service Asset Management Plans and Corporate Service Asset
Management Plans
This training will show how your approach to managing land, property and other capital assets fits within corporate and
government planning framework to ensure that they contribute to the achievement of corporate priorities. It will also
demonstrate through relevant case studies the progress you need to make to identify the next steps in the quest to
continue to improve the management of your Assets and the objectives set out in your organization’s Assets
Management Strategy
Training Methodology
This seminar will not rely on a series of lectures to tell you what you should be doing. Instead it uses a range of
approaches to learning, including experiential group activities, individual visioning exercises and syndicate
discussions, to allow you to see and feel for yourself the power of the creative mind. Formal inputs are used to
introduce a limited amount of underpinning theory. A key part of the learning process is sharing the differing
experiences participants bring, as well as experimenting with novel – and sometimes challenging – techniques.
WHO SHOULD ATTEND?
• Asset Managers & Officers
• Maintenance Managers
• Technical Service Managers & officers
• Auditors
• Risk Managers
• Facility Managers
• Procurement Managers
• Integrated Development Programme (IDP) Managers & Officer
• Infrastructure Development Managers
• Municipal Officers
• Project Managers
Why Attend?
You will learn the latest trends and International Best Practices in Asset Management Plans including:
• Practical knowledge on Asset Registers
• Learn tips to practically improve accountability and responsibility on assets in your organization
• Master the alignment of Asset Financial Reporting with International Financial Reporting Standards ( IFRS)
• Gain insight on how to reduce the total life-cycle costs of assets through better maintenance, tracking spare parts,
planning and disposal of equipment
• Get the latest regulatory updates, policy developments and tier impact on Asset Management.
• Put asset first to save your organization money and in turn avoid risk effectively.
• Maintain a high level dedication to improve your asset and risk management directives and practices
• Develop an effective asset management plan
• Find the right asset technology that works best for your organisation
YOUR EXPERT THOUGHT LEADER:
J J.NGWENYA, BA (Hons); MBA; Phil
J J. Ngwenya is an acclaimed facilitator who has extensive hands-on- experience in both public and private sector
environments with an enviable 20 yrs consulting experience ranging from Asset Management, Supply Chain
Management, Human Resources, Records Management, Customer Relations, Offce Management, and Project
Management. John is a Director of the Gauteng Shared Services Centre. He is currently studying towards a Doctoral
Degree at the Prestigious Da Vinci Institute
3. For immediate registration, contact us on +27 11 036 5241 email info@sactem.co.za
COURSE CONTENT
08H00 Registrations and Morning Tea
08h30 Facilitator’s Opening Remarks and Course Overview
08H45 Session 1
DAY ONE
INTRODUCTION TO ASSET MANAGEMENT
• What is Asset?
- Fix Asset
- Movable Assets
- Financial Assets
- Information and Software
• What is Asset Management?
- What is an Asset Register
- The purpose of an Asset Register
- What is an Asset Management Plan ( AMP)
- The purpose of an Asset Management Plan
THE RELATIONSHIP BETWEEN ASSETS AND DELIVERY OF PROGRAMMES
10H30Tea Break
11H00 CREATING AN EFFECTIVE ASSET REGISTER
This Session includes a practical exercise on the creation of an Asset Register
• Key Concepts in Asset Management
• Features of an Asset Register
• Asset verification
• Frequency of updating an Asset Register
• Value of the Asset owned by the organization
• Incorporation of IT systems to an Asset Register
• Identification and Classification Systems Practical Exercise
13H00 Lunch Time
14H00 ASSET MANAGEMENT PLAN (AMP)
This Session includes Case Study References on:
• An integrated approach to Asset Management
• Guidelines for Asset inventory, preparation and valuation
• Monitoring and controlling your Asset database
• How to identify and implement maintenance requirements
• Recording and monitoring asset usage continually
Case Study Analysis
15H00 Mid Afternoon Tea Break
LEGAL FRAMEWORK:
ACTS AND POLICIES AND THEIR IMPACT ON ASSET MANAGEMENT
• Municipal Financial Management (MFMA) Act, 2003
• Government Wide Immovable Asset Management Act (GIAMA)
• Public Finance Management Act
• International Financial Reporting Standards (IFRS)
• Generally Accepted Municipal Accounting Policies (GAMAP)
• Case Study Analysis
ASSET LIFE CYCLE: PRACTICES AND PROCESSES
- Asset Amortization
• Condition Assessment table
• Fixed Asset Rehabilitation Programme
- Strategic Planning
o The alignment of service delivery strategies with assets
o Analysis of existing assets versus assets required to meet service delivery requirements
- Acquisition Planning and Management
4. For immediate registration, contact us on +27 11 036 5241 email info@sactem.co.za
DAY TWO
o Additional assets
o Upgrades and / or Improvements
- Operation, Maintenance Planning and Management
o Performance and condition assessments
o Prioritized Maintenance Budget
- Disposal Planning and Management
o Maximization of benefits of disposals within financial and other resource constraints
o Responsibility for Asset Management
o Bar coding of assets
o Procedure for writing off & disposal of redundant, obsolete or unserviceable fixed assets
- Performance Management
o Monitor and review to ensure compliance and accountability
o Understand the basic principles of Asset depreciation/amortization
10H30 Mid Morning Tea Break
11H00 APPLICATION OF ADVANCED TECHNOLOGY TO ASSIST IN ASSET MANAGEMENT
- The importance of choosing a user- friendly IT system that meets your requirements
- Understanding the impact of revaluation of assets on efficiency
- Management and Tracking technologies (from Bar coding and Radio Frequency Identification (RFID) to EAM and
CMM software.)
ASSET RISK MANAGEMENT: DETECTING THE UNKNOWN
• Identifying critical risk through ‘Real Time Risk Management’
• Reducing ‘Process Risk’ to deliver bottom line results
- Implementing an integrated Asset Management Approach
- Contingency Planning: How can you build flexibility into the Asset Management Plan?
- Case Study Analysis
INTRODUCTION TO THE HUMAN RESOURCE: HUMAN ASSET MANAGEMENT
- Considering Human as an asset
- Evaluating the risk without Human asset management
- Introducing possible solution for managing human asset
o Evaluating how to source the right people
o Establishing a team for asset management
- Teams composition, roles and responsibilities
DAY THREE
08H00 Morning Tea Registration
ASSET MANAGEMENT POLICIES & PROCEDURES
KNOWLEDGE MANAGEMENT TO ENHANCE ASSET MANAGEMENT
- The benefits of introducing a Knowledge Management Culture
- Reviewing challenges and possible solutions
- Presenting a successful implementation of the knowledge Management Culture
- Panel Discussion
10H30 Mid Morning Tea Break
Session 10
ASSETS MANAGEMENT IN A GLOBAL ECONOMIC CRISIS
This session is mainly discussion-centered where delegates
Will share experience with peers
oThe session will try to address the following: under the present economic environment
oCritical factor when managing ageing assets
oAvailable solutions in the market
13H00Lunch Time 14H00
Facilitator’s Closing Remarks & Evaluation of the Training Workshop
15H00 Award of Delegates’ Certificate & Departure
16H00End of the Workshop
5. ASSET MANAGEMENT PLANS
MASTER CLASS
15 - 17 FEBRUARY 2017
DELEGATE FEE STRUCTURE R12, 999.00
Venue: Manhattan Hotel Pretoria
SA CORPORATE TRAINING EVENTS MANAGEMENT
FIRST NATIONAL BANK
BRANCH: RANDBURG SQUARE
ACCOUNT NUMBER: 62622202696
BRANCH CODE: 261750
SWIFT CODE: FIRNZAJJ840
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EMAIL: info@sactem.co.za
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