Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course in Kisumu, Kenya
Classroom training in Kisumu · next cohort Oct 26, 2026 · from USD 1,500
Organisations often own assets they cannot find, cannot value and cannot justify keeping. Roads, plant, vehicles, buildings and equipment drain budgets when nobody tracks condition, utilisation or the true cost of ownership. Five days equip you to put that right with disciplined measurement and review.
You learn how fixed asset registers are built and verified, how physical verification exercises are planned, and how depreciation, impairment and disposal are monitored. The programme then moves to the structure of ISO 55001 and its companion standards, ISO 55000 and ISO 55002, followed by performance indicators, condition assessment, risk-based prioritisation and lifecycle costing. Sessions on evaluation show how to run internal audits, gap assessments, management reviews and corrective action tracking, and how to report findings to executives, regulators and funders. Participants work with sample registers, maintenance records and audit checklists rather than abstract theory. The course is designed for asset managers, finance and fixed asset accountants, internal auditors, monitoring and evaluation officers, facilities and maintenance managers, and public sector accounting staff. Delivery is classroom, online or in-house, with a CPD-accredited certificate at the end. You return able to design an asset monitoring framework and assess your organisation's maturity.
At a Glance
Training in Kisumu, Kenya
Kisumu is Kenya's city on Lake Victoria and the commercial centre of western Kenya.
More about training in Kisumu →- Format
- Classroom, in Kisumu
- Duration
- Mon - Fri (5 Days)
- Fee
- USD 1,500 (KES 115,000)
- Next start dates
- Oct 26, 2026, Nov 23, 2026, Dec 21, 2026
- Certificate
- Certificate of Completion
- Airport
- Kisumu International (KIS)
- Time zone
- East Africa Time (UTC+3)
- Currency
- Kenyan shilling (KES). Fees are listed in USD and KES.
- Business districts
- Milimani and the CBD
About this course
Assets are usually the largest block of value on an institution's balance sheet, yet they are among the least scrutinised. Audit queries about missing or unrecorded items, unplanned breakdowns, deferred maintenance and capital projects that duplicate existing capacity point to the same underlying gap: weak monitoring and no systematic evaluation of how assets deliver value over their lives.
The programme connects financial control with engineering reality. It opens with the asset register, covering classification, tagging, capitalisation rules and reconciliation to the general ledger, and then introduces ISO 55001 requirements for policy, planning, support, operation, performance evaluation and improvement. Participants build indicator sets for availability, condition, utilisation and cost, learn how to collect and verify data, and see how lifecycle cost and risk information supports renewal and disposal decisions.
The second half is about evaluation. Participants practise internal audit techniques, score a sample organisation against the standard, and draft corrective action plans and management review reports. Learning is by workshop: each concept is applied to realistic registers, maintenance logs and audit evidence, and participants finish with a monitoring framework tailored to their own organisation.
Training Objectives
By the end of the course, participants will be able to:
- Explain the purpose and structure of ISO 55000, ISO 55001 and ISO 55002.
- Design and reconcile a fixed asset register, and plan a physical verification exercise.
- Monitor depreciation, impairment, revaluation and disposal against policy.
- Develop performance indicators for asset condition, availability, utilisation and cost.
- Apply risk-based and lifecycle cost methods to rank renewal and maintenance spending.
- Conduct internal audits and gap assessments against ISO 55001 requirements.
- Prepare evaluation reports and corrective action plans for management review.
What you'll learn
Key Takeaways
Participants take away:
- A model asset register template with fields that support audit and maintenance planning.
- A verification plan and count sheet for a physical asset exercise.
- A balanced set of asset performance indicators with data sources and owners.
- An ISO 55001 gap assessment checklist they can reuse in their own organisation.
- A sample evaluation report format that senior management can act on.
- A short improvement plan for strengthening asset monitoring where they work.
Training Methodology
The course uses working documents so that each skill is practised on realistic evidence:
- Sample asset registers with deliberate errors for participants to find
- Maintenance logs and cost data for indicator and lifecycle exercises
- Mock audit with interview scripts and a findings log
- Short briefings on the standard, linked to everyday finance and engineering practice
- Group discussion on the particular asset challenges of public and private organisations
Day 1: Asset Management Foundations and ISO 55001
- What asset management means and why monitoring matters
- The asset lifecycle from acquisition to disposal
- Structure and principles of ISO 55000, 55001 and 55002
- Strategic asset management plans and objectives
- Roles, leadership commitment and governance
- Self-assessment of organisational maturity
Day 2: Fixed Asset Registers and Verification
- Asset classification, tagging and capitalisation thresholds
- Register design and reconciliation to the general ledger
- Planning and running physical verification
- Handling missing, idle and unrecorded assets
- Depreciation methods, impairment and revaluation
- Exercise: reconciling a sample register to a count
Day 3: Performance Monitoring and Indicators
- Choosing indicators for condition, availability, utilisation and cost
- Maintenance records and condition assessment methods
- Data quality and ownership of measures
- Dashboards and routine performance reporting
- Linking indicators to organisational objectives
- Exercise: building an indicator set for an asset class
Day 4: Risk, Lifecycle Cost and Investment Decisions
- Asset risk registers and criticality ranking
- Total cost of ownership and lifecycle costing
- Maintain, renew or dispose decision tools
- Disposal rules, auctions and accounting entries
- Capital planning and prioritisation under budget limits
- Case study: a renewal decision on ageing equipment
Day 5: Evaluation, Audit and Improvement
- Planning and conducting internal audits of the asset system
- Evidence gathering, sampling and audit interviews
- Non-conformities and corrective action tracking
- Management review inputs and outputs
- Writing an evaluation report for executives and funders
- Improvement roadmap and course review
The course is relevant to professionals who own, account for, maintain or review organisational assets, such as:
- Asset managers and asset planning officers
- Fixed asset accountants and finance managers
- Internal auditors and risk officers
- Monitoring and evaluation officers in infrastructure and utility programmes
- Facilities, estates and maintenance managers
- Public sector accounting and stores officers
- Project managers handing over capital works
- Quality managers preparing for management system certification
Participants who attend every session and finish the register, indicator and audit exercises are awarded a CPD-accredited Certificate of Completion from Vision Reach Global Consultancy. The certificate records attendance and does not constitute ISO certification of any organisation.
Choose Where You Want to Learn
Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course Venues
KenyaKisumuNext Oct 26· 13 dates$1,500Viewing- KenyaNairobiNext Nov 9· 13 dates$1,500
- KenyaMombasaNext Oct 26· 13 dates$1,600
- KenyaNaivashaNext Nov 2· 13 dates$1,500
- KenyaMachakosNext Nov 2· 13 dates$1,600
UgandaKampalaNext Nov 2· 13 dates$1,900
RwandaKigaliNext Oct 26· 13 dates$1,900
TanzaniaArushaNext Nov 9· 13 dates$1,900- TanzaniaDodomaNext Oct 26· 13 dates$1,800
- TanzaniaDar es SalaamNext Oct 26· 13 dates$2,000
- TanzaniaZanzibarNext Nov 16· 13 dates$2,600
NigeriaLagosNext Nov 16· 13 dates$2,800- NigeriaAbujaNext Nov 9· 13 dates$2,800
South AfricaPretoriaNext Nov 2· 13 dates$3,200- South AfricaJohannesburgNext Nov 2· 13 dates$3,400
- South AfricaCape TownNext Oct 26· 13 dates$3,800
UAEDubaiNext Oct 26· 13 dates$3,800
GhanaAccraNext Nov 16· 13 dates$4,500
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Frequently Asked Questions About Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course in Kisumu
Everything you need to know about this course before you register.
Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Kisumu, Kenya, in Monday-to-Friday cohorts that start every four weeks. The venue, daily timings and joining details are sent in your Joining Instructions email ahead of the start date.
The next Kisumu cohort starts on October 26, 2026, and a new intake follows every four weeks. Pick a date under "Upcoming sessions in Kisumu" above and click Register; your seat is confirmed once payment or a signed purchase order is received.
The classroom fee for Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course in Kisumu is USD 1,500 per delegate, covering tuition and course materials. Register 3 or more delegates together and a 5% team discount is applied automatically.
Yes. Besides Kisumu, Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Nairobi, Mombasa, Naivasha, and Machakos. It also runs as live online training you can join from anywhere in Kenya, and in-house at your organisation's own premises.
Yes — Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course can be delivered at your offices in Kisumu or at a venue you choose, on dates that suit your team, with case studies tailored to your sector. Message our training advisors to request a proposal.
By the end of the Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to explain the purpose and structure of iso 55000, iso 55001 and iso 55002, design and reconcile a fixed asset register, and plan a physical verification exercise, monitor depreciation, impairment, revaluation and disposal against policy, and develop performance indicators for asset condition, availability, utilisation and cost. The full breakdown of topics is covered session by session in the Course Outline tab above.
The course is relevant to professionals who own, account for, maintain or review organisational assets, such as: Asset managers and asset planning officers, Fixed asset accountants and finance managers, Internal auditors and risk officers, Monitoring and evaluation officers in infrastructure and utility programmes, Facilities, estates and maintenance managers, Public sector accounting and stores officers, Project managers handing over capital works, and Quality managers preparing for management system certification.
Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course typically runs as 5 Days. It's available as in-person classroom, live virtual, and in-house corporate training — every course can also be delivered on-site for your team on dates that suit you.
Yes — delegates who meet the attendance requirement receive a Certificate of Completion for Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course from Vision Reach Global Consultancy, issued in the name you register with, so double-check the spelling at checkout.
Monitoring and Evaluation of Asset Management (Fixed Assets, ISO 55001) Training Course is pitched at intermediate professionals. If you're unsure whether it's the right fit for your current role or background, message our training advisors before you register and they'll help you confirm.
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