Management of Asset Management (Fixed Assets, ISO 55001) Training Course in Arusha, Tanzania
Classroom training in Arusha · next cohort Nov 9, 2026 · from USD 1,900
Organisations spend heavily on buildings, vehicles, plant and infrastructure, yet many cannot say what they own, where it is, what condition it is in or what it will cost to keep it running. Missing registers, unplanned failures, unfunded renewals and audit queries on fixed assets follow. Five days of structured work show how to turn that picture around using the ISO 55000 family of standards.
You cover the asset management policy, strategic asset management plan and objectives, stakeholder needs, and the link between organisational strategy and asset decisions. Practical sessions build a fixed asset register, tagging and verification routines, condition assessment, criticality ranking, lifecycle costing, depreciation treatment, disposal and impairment. Further sessions address risk-based maintenance, capital investment prioritisation, performance indicators, management review and internal audit against ISO 55001 requirements. Asset managers, finance and accounting officers, facilities and maintenance managers, engineers, internal auditors and public-sector estate managers will gain the most. Classroom, online and in-house delivery is offered, and a CPD-accredited certificate is awarded. Participants finish able to outline an asset management system for their organisation and name the first improvements to make.
At a Glance
Training in Arusha, Tanzania
Arusha is northern Tanzania's diplomatic and safari hub, and home to the East African Community headquarters.
More about training in Arusha →- Format
- Classroom, in Arusha
- Duration
- Mon - Fri (5 Days)
- Fee
- USD 1,900
- Next start dates
- Nov 9, 2026, Dec 7, 2026, Jan 4, 2027
- Certificate
- Certificate of Completion
- Airport
- Kilimanjaro International (JRO), about an hour by road
- Time zone
- East Africa Time (UTC+3)
- Currency
- Tanzanian shilling (TZS). Fees are listed in USD.
About this course
Assets are usually the largest item on an organisation's balance sheet and the main source of operating risk. Governments, utilities, hospitals, banks and manufacturers all depend on equipment and property working when needed, and all face pressure to do more with ageing stock and tight budgets. Weak records and reactive maintenance lead to ghost assets, overstated values, safety incidents and avoidable emergency spending.
The Management of Asset Management (Fixed Assets, ISO 55001) Training Course joins the finance view of assets with the engineering and operations view. Participants first learn the structure and intent of ISO 55001 and how an asset management system differs from a maintenance programme. They then develop the building blocks: a complete register, a consistent hierarchy and coding scheme, physical verification, condition and criticality scoring, and lifecycle cost analysis. The course shows how these inputs feed capital plans, maintenance strategies, replacement decisions and financial reporting for fixed assets, including depreciation, revaluation, impairment and disposal.
Delivery is workshop based. Participants apply each tool to a sample asset portfolio, then review what they would need to change in their own organisation. The week ends with an audit-style gap review against the standard and a prioritised improvement roadmap.
Training Objectives
On completion, participants will be able to:
- Explain the purpose, principles and main clauses of ISO 55001 and related standards.
- Develop an asset management policy, objectives and strategic asset management plan.
- Build and maintain a fixed asset register with coding, tagging and verification routines.
- Assess asset condition and criticality to rank renewal and maintenance priorities.
- Calculate lifecycle costs and use them to compare investment options.
- Apply sound treatment for depreciation, impairment, revaluation and disposal of fixed assets.
- Define performance indicators and review routines for the asset management system.
- Carry out a gap assessment against ISO 55001 and prepare an improvement roadmap.
What you'll learn
Key Takeaways
Participants leave with:
- A structured fixed asset register layout with coding and verification steps.
- A criticality and condition scoring tool for prioritising assets.
- A lifecycle cost worksheet for comparing replace, repair and renew options.
- An outline asset management policy and strategic plan.
- A gap analysis against ISO 55001 clauses.
- A prioritised improvement roadmap for their own organisation.
Training Methodology
The programme is workshop driven and uses a sample portfolio throughout. Activities include:
- Hands-on register building and reconciliation exercises
- Scoring condition and criticality for equipment, buildings and vehicles
- Lifecycle cost models completed in spreadsheets
- Mock audit questions against standard clauses
- Peer review of improvement roadmaps
Day 1: Principles of Asset Management and ISO 55001
- What asset management is and how it differs from maintenance
- The ISO 55000, 55001 and 55002 documents
- Organisational context and stakeholder needs
- Leadership, policy and roles
- Asset management objectives aligned to strategy
- Discussion: where participants' organisations stand today
Day 2: Fixed Asset Registers and Records
- Register fields, asset hierarchy and coding
- Tagging, physical verification and reconciling to the ledger
- Handling ghost, idle and untraceable assets
- Capitalisation policy and acquisition records
- Depreciation methods, impairment and revaluation
- Exercise: cleaning and rebuilding a sample register
Day 3: Condition, Criticality and Risk
- Condition assessment methods and scoring
- Criticality ranking and consequence of failure
- Asset risk registers and treatment options
- Link between risk and maintenance strategy
- Reliability and failure data basics
- Exercise: ranking a mixed asset portfolio
Day 4: Lifecycle Costing and Investment Planning
- Whole-life cost components
- Comparing repair, refurbish and replace options
- Renewal forecasting and funding gaps
- Capital prioritisation and business cases
- Disposal planning and value recovery
- Exercise: lifecycle cost comparison for plant and vehicles
Day 5: Performance, Audit and Improvement
- Asset performance indicators and dashboards
- Operations, outsourcing and contractor management
- Management review and continual improvement
- Internal audit against ISO 55001 requirements
- Gap assessment and nonconformity handling
- Improvement roadmap presentation
The programme is relevant to anyone who owns, records, maintains or audits physical assets, including:
- Asset managers and asset management coordinators
- Finance officers and accountants responsible for fixed assets
- Facilities, estates and maintenance managers
- Engineers and plant or fleet managers
- Internal and external auditors
- Public sector and county government asset custodians
- Utility, transport and infrastructure operators
- Procurement and stores managers handling asset acquisition
- Quality and compliance managers pursuing certification
Attendance at all sessions and completion of the exercises earns a CPD-accredited Certificate of Completion from Vision Reach Global Consultancy. It confirms the training received and does not replace formal ISO certification of an organisation.
Choose Where You Want to Learn
Management of Asset Management (Fixed Assets, ISO 55001) Training Course Venues
TanzaniaArushaNext Nov 9· 13 dates$1,900Viewing- TanzaniaDodomaNext Oct 26· 13 dates$1,800
- TanzaniaDar es SalaamNext Oct 26· 13 dates$2,000
- TanzaniaZanzibarNext Nov 16· 13 dates$2,600
KenyaNairobiNext Nov 9· 13 dates$1,500- KenyaMombasaNext Oct 26· 13 dates$1,600
- KenyaNaivashaNext Nov 2· 13 dates$1,500
- KenyaKisumuNext Oct 26· 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
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 Management of Asset Management (Fixed Assets, ISO 55001) Training Course in Arusha
Everything you need to know about this course before you register.
Management of Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Arusha, Tanzania, 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 Arusha cohort starts on November 9, 2026, and a new intake follows every four weeks. Pick a date under "Upcoming sessions in Arusha" above and click Register; your seat is confirmed once payment or a signed purchase order is received.
The classroom fee for Management of Asset Management (Fixed Assets, ISO 55001) Training Course in Arusha is USD 1,900 per delegate, covering tuition and course materials. Register 3 or more delegates together and a 5% team discount is applied automatically.
Yes. Besides Arusha, Management of Asset Management (Fixed Assets, ISO 55001) Training Course runs as classroom training in Dodoma, Dar es Salaam, and Zanzibar. It also runs as live online training you can join from anywhere in Tanzania, and in-house at your organisation's own premises.
Yes — Management of Asset Management (Fixed Assets, ISO 55001) Training Course can be delivered at your offices in Arusha 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 Management of Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to explain the purpose, principles and main clauses of iso 55001 and related standards, develop an asset management policy, objectives and strategic asset management plan, build and maintain a fixed asset register with coding, tagging and verification routines, and assess asset condition and criticality to rank renewal and maintenance priorities. The full breakdown of topics is covered session by session in the Course Outline tab above.
The programme is relevant to anyone who owns, records, maintains or audits physical assets, including: Asset managers and asset management coordinators, Finance officers and accountants responsible for fixed assets, Facilities, estates and maintenance managers, Engineers and plant or fleet managers, Internal and external auditors, Public sector and county government asset custodians, Utility, transport and infrastructure operators, Procurement and stores managers handling asset acquisition, and Quality and compliance managers pursuing certification.
Management 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 Management 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.
Management 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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