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Physical Asset Management and Life Cycle Costing

Ageing plant, tight capital and rising operating costs force hard decisions about what to repair, what to replace and what to run to failure. Delegates evaluate assets across their whole life, build defensible renewal cases, and learn to present the numbers in language finance and executive committees accept.

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What you will be able to do

  • Explain how asset management links organisational objectives to decisions taken on individual assets.
  • Compile life cycle cost models that include acquisition, operating, maintenance and disposal costs.
  • Compare repair, refurbish and replace options using consistent economic criteria.
  • Assess asset condition and remaining useful life using inspection and performance evidence.
  • Prioritise capital renewal spending across a portfolio when funding is insufficient for every need.
  • Present asset investment cases that satisfy financial reviewers and technical stakeholders alike.

Course outline

  1. 01Asset management principles and organisational alignment
  2. 02Asset registers, hierarchies and data quality
  3. 03Life cycle costing methods and cost capture
  4. 04Condition assessment and remaining useful life
  5. 05Repair, refurbish or replace decision analysis
  6. 06Capital renewal prioritisation under funding limits
  7. 07Risk, obsolescence and spares strategy
  8. 08Building and presenting the investment case

Who should attend

Asset managers, engineering managers, plant and infrastructure managers, maintenance managers, technical accountants and municipal or utility engineers responsible for capital renewal decisions.

Dates, venues and fees

DatesVenueDaysFeeCalendarRegister
28 Sep to 2 Oct 2026Harare5US$1,800Closed
5 to 9 Oct 2026Accra5US$1,800Register
12 to 16 Oct 2026Lagos5US$1,800Register
19 to 23 Oct 2026Dubai5US$1,800Register
26 to 30 Oct 2026Johannesburg5R18,000Register
2 to 6 Nov 2026Cape Town5R18,000Register
9 to 13 Nov 2026Durban5R18,000Register
16 to 20 Nov 2026Pretoria5R18,000Register
23 to 27 Nov 2026Nairobi5US$1,800Register
30 Nov to 4 Dec 2026Dar es Salaam5US$1,800Register
7 to 11 Dec 2026Lusaka5US$1,800Register

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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