Overview
Industrial assets often continue to operate long beyond their original design life. As equipment and infrastructure age, the likelihood of degradation, failures and compliance issues increases. Managing Ageing Asset Risk is a one‑day training programme that equips duty holders, plant managers and technical teams with a structured approach to identifying, assessing and mitigating the risks associated with ageing assets.
Through interactive sessions, case studies and practical applications, participants learn how to align asset management strategies with current legislation and industry standards, apply risk‑based decision making and develop action plans that preserve asset integrity and ensure continued safe operation.
Who Should Attend
This course is designed for professionals responsible for asset integrity, maintenance and risk management in industries where ageing assets present operational challenges. Typical attendees include:
- Duty holders and plant managers who oversee asset operations and regulatory compliance.
- Maintenance and reliability engineers tasked with inspecting, maintaining and repairing ageing equipment.
- Operations and facilities managers responsible for day‑to‑day performance and safety.
- Technical authorities and subject matter experts who advise on asset integrity and lifecycle planning.
- Engineering and project teams involved in upgrades, modifications and decommissioning.
- Operations and Maintenance Teams responsible for planned and reactive maintenance on site .
No formal prerequisites are required; however, a working knowledge of asset operations and maintenance practices is beneficial.
Learning Outcomes
By the end of this course, participants will be able to:
- Identify key terms, legislation and standards relevant to ageing asset management and recognise how regulatory frameworks such as COMAH and PUWER influence asset integrity strategies.
- Define common risks and deterioration mechanisms associated with ageing assets and explain how corrosion, fatigue, obsolescence and other failure modes impact performance and safety.
- Describe best practices for managing ageing assets, including maintenance strategies (predictive and preventive), lifecycle planning and condition monitoring techniques.
- Identify principles of leadership and change management to support cultural and organisational shifts required for sustainable asset integrity programmes.
- Categorise and prioritise risks using risk matrices and criticality assessments, and develop risk‑based decision processes.
- Develop and implement action plans to mitigate ageing‑related risks, allocate resources and ensure long‑term asset performance.
Assessment & Certification
This course does not include a formal examination. However, participants complete group exercises, case studies and practical applications throughout the day to reinforce learning. Delegates who attend the full session receive a certificate of completion, demonstrating they have gained the knowledge necessary to manage ageing asset risks effectively.
Key Info
Duration & Delivery
- Duration: One‑day course (customisable to suit site‑specific requirements).
- Format: Interactive sessions combining theory, case studies and practical applications.
- Location: Delivered in‑house at your facility or virtually via a secure online platform.
- Customisation: Course content can be tailored to your asset portfolio, industry sector and regulatory context. Please contact us to discuss bespoke requirements.
Pricing & Booking
Pricing for this course is available on application (P.O.A.) and depends on factors such as delivery format, attendee numbers and customisation needs. The fee covers all training materials and certificates of completion.
To request a quotation or arrange a session, please call 01932 963 463 or email support@ecfio.co.uk.
Water - Area Manager
“The E-learning is a great alternative to travelling to a classroom. We were able to sit the training while we waited for the weather to clear up. The team are very helpful, it was nice to be able to pick up the phone and speak to a real person – Thanks for your help Clio!”
Course Content
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Benefits for Learners and Managers
- Increased asset integrity: Participants learn to identify deterioration mechanisms early and implement appropriate maintenance strategies, reducing unplanned downtime and extending asset life.
- Regulatory compliance: The course aligns asset management practices with current legislation and standards, helping organisations maintain compliance and prepare for audits.
- Risk‑based resource allocation: Delegates gain tools for prioritising maintenance and capital investment based on risk and criticality, ensuring funds are directed where they offer the greatest benefit.
- Leadership development: Managers and technical authorities learn how to drive cultural change and foster a proactive approach to ageing asset management across their teams.
- Customised relevance: In‑house delivery ensures the training addresses specific assets, systems and challenges, while virtual sessions provide flexible access for dispersed teams.
Course Content
Introduction to Ageing Asset Management
- Definitions, key concepts and terminology.
- Overview of relevant legislation and standards applicable to ageing assets.
- Asset types, categories and key risk factors.
Identifying and Managing Ageing Asset Risks
- Understanding deterioration mechanisms and common failures (corrosion, fatigue, obsolescence, wear).
- Assessing criticality and associated risks through qualitative and quantitative techniques.
- Establishing and monitoring performance indicators for asset condition and integrity.
Developing an Effective Asset Management Approach
- Leadership and strategic alignment in asset management.
- Managing organisational and technical change during asset upgrades or life‑extension projects.
- Effective data acquisition, condition monitoring and inspection planning.
- Action management, continuous improvement and the role of feedback loops.
Risk‑Based Decision Making
- Prioritisation of maintenance and investment based on risk exposure and criticality.
- Implementing an effective action management system to track mitigation measures and ensure accountability.
Course Content
More Information
Course Outcomes
- Recognise legislation and standards for ageing asset management.
- Understand common degradation mechanisms and failure modes.
- Apply best practices in maintenance and lifecycle planning.
- Implement risk categorisation, prioritisation and action plans.
- Support leadership and change management initiatives for asset integrity.
Who Should Attend
- Duty holders, plant managers and facilities managers.
- Maintenance and reliability engineers.
- Technical authorities, project teams and operations staff.
- Those involved in asset integrity, maintenance planning and risk management.
Delivery & Pricing
- Duration: One‑day (customizable to suit your plant and assets).
- Formats: In‑house at your site or live virtual delivery.
- Cost: Price on application (contact us for a quote).
- Certification: Certificate of completion issued upon full attendance.
Certification & Recognition
- Certificate of completion demonstrating attendance and competency in ageing asset risk management.
- Supports professional d\evelopment and may contribute to CPD requirements.
- Evidence of proactive risk management for audits and regulatory inspections.
FAQs
It is the systematic process of identifying, assessing and mitigating the risks associated with assets operating beyond their design life. The goal is to maintain safety, regulatory compliance and operational efficiency as equipment and infrastructure age.Who should attend this course?
Duty holders, plant managers, maintenance and reliability engineers, operations managers, technical authorities and project teams involved in asset integrity, maintenance planning and risk management. Anyone responsible for managing ageing equipment will benefit.
No. Learning is reinforced through interactive activities and case studies rather than a formal examination. Delegates receive a certificate of completion upon finishing the course.
Yes. We offer customised in‑house sessions tailored to your asset portfolio, industry sector and regulatory context. Contact us to discuss bespoke content and scheduling.
Pricing is available on application. Please call 01932 963 463 or email support@ecfio.co.uk for a customised quotation and to schedule training at your site or online.
For more information or to book your place, contact the ECFIO team on 01932 963463 or email support@ecfio.co.uk.