Physical Asset Management

This program provides comprehensive knowledge and skills to professionals involved in engineering, asset management, maintenance, and related fields.

Ideal for individuals working in manufacturing, energy, aerospace, and healthcare sectors, this course covers essential topics, including asset hierarchy, infrastructure assets, ISO 55000 standards, risk management, asset performance, and safety regulations.

Study online or in person

This course is available both in-person at CSU Spur campus in Denver and online. The online course is offered in a synchronous learning format. Upon completing the course, you will receive a certificate of completion.

Career opportunities

Physical Asset Management is a crucial field in industries like manufacturing, energy, utilities, transportation, and more. Professionals in this area are responsible for managing an organization's physical assets, such as machinery, infrastructure, and equipment, to ensure optimal performance, reduce costs, and extend asset life cycles.

Key career roles include:

• Asset Manager: Oversees the acquisition, maintenance, and disposal of physical assets. Ensures assets are used efficiently and align with organizational goals.
• Maintenance Planner/Scheduler: Develops maintenance plans, schedules repairs, and ensures equipment is serviced on time to prevent breakdowns and costly downtimes.
• Reliability Engineer: Focuses on improving the reliability and efficiency of assets through analysis and the implementation of predictive maintenance strategies.
• Operations Manager: Manages day-to-day operations, ensuring that assets are available and functioning optimally to meet production goals.
• Facilities Manager: Responsible for the upkeep and management of facilities, ensuring that all physical assets within the facility are maintained to a high standard.

Growing industry demand

With increasing focus on cost efficiency, sustainability, and asset longevity, the demand for skilled professionals in Physical Asset Management is growing. Industries are seeking individuals with expertise in asset management strategies, predictive maintenance, and the ability to implement best practices that enhance operational efficiency.

Why pursue a career in physical asset management?

• High Demand: Companies are actively seeking professionals to manage their physical assets effectively.
• Diverse Opportunities: The skills gained can be applied across various industries, from manufacturing to utilities.
• Career Growth: With experience, professionals can advance into senior management roles, overseeing larger teams and more complex asset portfolios.
• Impact: Effective asset management can significantly impact an organization’s bottom line, making these roles highly valued.