Course Description
Electricity transmission and distribution networks represent some of the largest and most critical physical asset bases in any economy — and their management under aging infrastructure, tight regulation, and constrained budgets is a strategic discipline in its own right. Regulators increasingly require network operators to demonstrate structured asset management aligned with ISO 55000.
This course develops comprehensive power network asset management capability, applying the ISO 55000 framework to transmission and distribution assets. Participants learn lifecycle asset management, condition assessment and condition-based risk management of HV assets, investment prioritisation, and the regulatory context — equipping them to manage grid assets strategically across their lifecycle.
What you will achieve
By the end of this training course, participants will be able to:
- Explain asset management for power networks and the ISO 55000 framework
- Apply lifecycle asset management to T&D assets
- Conduct condition assessment of HV assets
- Apply condition-based risk management (CBRM)
- Prioritise investment and interventions
- Understand the regulatory framework driving asset management
- Develop asset management strategies and plans
- Demonstrate asset management performance to regulators
How the course is delivered
The course combines the ISO 55000 asset management framework with power-network-specific application, using condition assessment and investment prioritisation exercises. Participants work through CBRM and asset strategy scenarios for T&D assets.
The programme balances the asset management system framework with the technical condition and risk management of high-voltage network assets.
Designed for
This training course is ideal for:
- Network and asset managers in utilities
- Power and grid engineers
- Asset management and investment planners
- Regulatory and strategy professionals in utilities
- Anyone managing transmission and distribution assets
Daily programme
- Asset management for power networks
- The ISO 55000 series framework
- The five core questions approach
- The regulatory driver for asset management
- Lifecycle management of T&D assets
- Asset strategies and policies
- Asset information and data
- Asset management planning
- Condition assessment of HV assets
- Condition-based risk management (CBRM)
- Failure modes and asset health
- Asset risk and criticality
- Investment prioritisation
- Intervention decisions (repair, refurbish, replace)
- Value and risk optimisation
- Capital and maintenance planning
- Asset management strategy
- Demonstrating performance to regulators
- Continuous improvement
- Workshop and review
Certification & accreditation
BII Certificate of Completion
BII Certificate of Completion Upon successful completion, participants receive a BII Development Institute Certificate of Completion with a unique reference code that is independently verifiable. Our certificates are recognised internationally and reflect successful completion of your chosen programme.