Asset Management-Acquisition & Disposal Management.

Description

Introduction

Participants will gain a comprehensive understanding of asset management principles, practices, and techniques, focusing on acquisition and disposal management. This knowledge is essential for procurement, finance, operations, and sustainability professionals in various industries.

Asset management involves overseeing and optimising an organisation’s assets lifecycle to maximise value and utility. This process includes acquiring, utilising, maintaining, and disposing of assets. In this introduction, we’ll focus specifically on asset management’s acquisition and disposal aspects.

Course Content

• Introduction to Asset Management
• Asset Acquisition Process
• Asset Disposal Process
• Risk Management in Asset Acquisition and Disposal
• Financial Analysis of Asset Management
• Regulatory Compliance and Government
• Sustainability and Corporate Social Responsibility
• Performance Measurement and Continuous Improvement
• Case Studies and Best Practices

Learning Outcomes

• Understand the asset lifecycle and its various stages, including acquisition, utilisation, maintenance and disposal.
• Identify the importance of each stage in maximising asset value and minimising costs.
• Describe the acquisition process, from needs assessment to integration.
• Explain the role of budgeting, research, selection, negotiation and procurement in acquiring assets effectively.
• Develop strategies to mitigate and manage these risks effectively throughout the asset lifecycle