Intelligent Asset Management: A crash course on ISO55000 series (autumn 2025)

Intelligent asset management enhances the efficiency and effectiveness of industrial systems, aligning with organizational goals, and supporting the transition to a circular economy by prioritizing the lifecycle management of assets. This course is to serve as a comprehensive and condensed program that enables participants to gain knowledge in asset management principles, standards, and best practices.

Target audience: The target group includes individuals working in various industries such as railway, mining, transportation, construction, manufacturing, logistics, energy, and other organisations that are or planning to implement asset management systems. This course can be suitable for professionals ranging from asset managers, maintenance and reliability professionals, operation managers, engineers, project managers, and asset management consultants.

Pre-knowledge: Upper secondary school, bachelor, or equivalent.

The course includes:

Introduction to assets, asset management

Understanding the needs and expectations of stakeholders

Introduction to asset management system

Asset management programme

Leadership and commitment

Planning asset management

Risk management

Sustainable development

Decision and decision-making

Lifecycle management LCC,LCP

Availability, Reliability, Maintainability, Maintenance Support

Safety and security

Maintenance and maintenance programme

Asset management and maintenance

Tools for asset management - Analytics, AI, digitalisation

Performance measurement and KPI:s

Support to asset management

Competence development

Auditing asset management process

Continuous improvement, Kanban etc.

Examples of relevant tools for asset management

The structure of the course: The course will be a mix of lectures and guest speakers, Video recordings, reading, assignments, interactive discussions and collaborative projects.

Self-study (30 – 35 hours) and meetings (5-10 hours).

Dates and times for the online meetings:

Discussion Lecture - September 23rd, 2025, 10:00 to 12:00

Discussion Lecture - September 30^th, 2025, 10:00 to 12:00

Discussion Lecture - October 10^th, 2025, 10:00 to 12:00

Project Webinar/Presentations- October 28^th, 2025, 09:00 to 12:00

To pass the course you need to submit final assignment (Report) and quizzes

Presentation of the teacher:

Ramin Karim, Professor Division of Operation and maintenance Engineering, Department of Civil, Environmental and Natural Resources Engineering

E-mail: ramin.karim@ltu.se 

Uday Kumar, Professor, Division of Operation and Maintenance Engineering, Department of Civil, Environmental and Natural Resources Engineering 

E-mail: uday.kumar@ltu.se