Introduction: 

Understand the public sector asset management lifecycle and how effective management within each component can significantly contribute to bottom line savings and structure your asset management process.

Gain a step-by-step implementation approach, assisting you to implement an asset management program in your organization in the context of existing technology.

 THIS COURSE FOR:

Career roles we recommend this course for:

• Accounting Authorities
• Accounting Officers and Senior Managers in national, provincial, and municipal government
• Contract Managers
• Sourcing Managers
• Project Managers
• Facilities Managers

The Course Content Agenda 

Day 1

• Strategic Asset Management Organisation
• Development of Documentation and Asset Management Challenge
• Business Case Development and Option Appraisal
• Capital Projects and Maintenance
• Data and Performance
• Operational vs Non-Operational Property
• Asset Management Today

Day 2

• The asset management framework – the legislative base for asset management in the PFMA and MFMA
• Accounting policy – the asset registers and the treatment of assets in the asset registers of provincial and national departments
• Accounting for capital assets and the inclusion of minor assets
• The principles of asset management and the asset management process
• 4-phase lifecycle
• Ownership and control
• Responsibility / accountability
• Evaluating performance
• Disposal

Day 3

• Identification of assets
• Inventory management framework
• Asset verification / stock take
• Understand and Implement Strategic Asset Management Planning
• Develop risk and resilience plans for asset management
• Design and Engineer your Public-Sector Assets for Long Term Sustainability

Day 4

• Maintaining and Renewing Ageing Assets to Improve Value & Service Quality
• Justify Refurbishment Decisions and Assess ROI of the Renewal of Public Sector Assets to make informed decisions
• Find out how you can Standardize Asset Management Practices Across All Your Departments
• Data collection, management, and analysis for public sector assets
• Measurement and recognition of fixed assets
• Classes of long-lived assets
• Construction of tangible assets for internal use
• Measurement and recognition of investment property
• Measurement and recognition of intangible assets
• Required disclosures

Day 5

Filed visits

To public and privet SECTOR