AM 203 – Lifecycle Planning
NZ$335.00 excl GST
Last updated: March 2025
How do you balance decisions about maintaining, renewing, or replacing an asset throughout its life?
AM 203 – Lifecycle Planning gives you practical tools and frameworks to make informed decisions about your assets. You’ll learn how to apply decision-making techniques, manage risks, plan operational activities, and weigh up options like strengthening or rebuilding an asset.
Through a real-life scenario, you’ll explore how to balance costs, risks, and performance to achieve long-term value from community assets.
AM 203 is completed entirely online, allowing you to learn at your own pace, in your own time. You can begin as soon as you enrol.
Description
Overview
AM 203 – Lifecycle Planning introduces you to the key tools and principles of lifecycle planning. It gives you a foundation for making informed decisions about managing infrastructure assets over time.
By the end of the course, you will be able to:
- Evaluate and apply decision-making techniques to balance cost, risk, and performance across the asset lifecycle
- Explain and assess how operational planning and maintenance strategies contribute to asset performance and organisational objectives
- Develop approaches to managing resources and risks to support effective delivery of Asset Management activities
- Interpret and use Asset Management Plans to guide asset management decisions and ensure alignment with organisational objectives.
The course materials are based on the authoritative guide for Asset Managers in New Zealand, the Āpōpō Guide.
On completion, learners are awarded a digital badge which can be saved and shared.
Who Should Attend
- Those who are new to managing infrastructure assets or those who want to align their understanding of asset management with the Āpōpō Guide
- Students or recent graduates in any profession who are interested in this area.
Typical Attendees Include
- Consultants
- Finance staff
- Engineers
- Project managers
- Auditors
Recommended Prior Learning or Equivalent Experience
- AM 101 – Introduction to Asset Management
- AM 201 – Telling the Story of Asset Management
- AM 202 – Understanding Requirements
Outcomes
This course will increase your understanding of the basics of the Lifecycle Planning part of the Asset Management process.
Content
- Lifecycle decision methods
- Managing risk
- Operational planning
- Capital investment planning
- Financial planning
- Asset Management Plans
Learning Material
- Text, images, video
- Formative assessment
- Activities
- Case studies
- Summative assessment
"Wonderful course and very relevant! Already motivated for a few team members to get started on it."
"I am certainly more confident now … in this course it all started to come together."
"It thankfully links to the Āpōpō Guide, meaning that when you come across a topic you want to delve even further into - this is easily possible."
"The cost of the course was reasonable, flexibility, contents and videos made the course interesting."
"I think this is a great start for people new to asset management, or as a refresher to those with experience."
"I have promoted this course to many of my colleagues as giving a good oversight into Asset Management, and also gives context to asset planning and asset lifecycle."
"What we learn from this course not only deals with where we work but practices can be applied to our homes as well."
