PAS 55 is the British Standards Institution's "Publicly Available Specification" for the optimised management of physical assets and infrastructure - it provides clear definitions and a 28-point requirements specification for optimised and whole-life asset management systems.

BSI PAS 55:2008 is already a requirement by the Regulator for the Water and Gas sectors in the UK and is now being adopted by companies here in Ireland. It is the international reference standard, providing a clear and concise definition of what needs to be done to tune physical assets for business objectives at any point in their lifecycle.

PAS 55 covers every organisation – whether public or private – in any sector. It is already in use within public services, manufacturing, pharmaceutical, oil and gas, water, utilities.

Users of PAS 55 attribute the following benefits to their business: cost reductions of 30 - 50 %; raised capability and performance of assets; delivery of high reliability environment for improved operating efficiency, quality and safety; assured and sustainable environmental, regulatory, legal and carbon compliance; proactive management of asset-related risks; improved image and relationships with customers, insurers, regulators and other stakeholders; and improved profitability and return on capital investment.

Course Content

• What is Asset Management?
• Where does it fit in the business context?
• Why is it important?
• How different industries carry out their asset management
• The main features of asset management
• The development of an asset management standard – PAS55
• The 28 key areas of PAS 55 and the Assessment Methodology
• What comes after PAS 55

This course is available as an on-site customised course

PARTICIPANT PROFILE

The target audience is for Maintenance Managers, Engineers, Supervisors, Production Managers, Superintendents, & Design Engineers, who either would like to develop a new maintenance strategy or review an existing one.

TRAINER PROFILE

Ray O’Neill MSc (Hons) has a Master Degree (Distinction) in Maintenance and Asset Management from the University of Manchester. Winner of the Farnell Prize for best Masters Degree, winner of the MEETA National Maintenance Manager of the Year awards (SME section), former Chairman of MEETA, the Irish Maintenance society, Ray has over 20 years of Asset Management experience. For additional information on Ray, please log on Ray’s profile.

Course Cost: €350	Duration:1 day	Date: 30th June 2010
Location: Ballsbridge, Dublin	Click for our booking form	Click to view our Cancellation Policy