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Apprenticeship training course

Asset manager (level 4)

Work in a range of industries that manage physical assets.

Qualification level
Equivalent to higher national certificate (HNC).
Typical duration
18 months
Apprenticeship category
Engineering and manufacturing
Maximum funding
Maximum amount government will fund
for apprenticeship training.
Also known as
  • Acquistion and disposal manager
  • Asset and insight manager
  • Asset manager
  • Asset resilience manager
  • Assistant asset manager
  • Associate asset manager
  • Infrastructure asset manager
Skills an apprentice will learn
  • Identify the organisation’s context and constraints that affect asset management.
  • Identify asset service and performance requirements.
  • Estimate and calculate Life Cycle Cost (LCC) or Total Cost of Ownership (TCO) for assets/asset systems.
  • Use techniques to identify interventions for assets/asset system and estimate benefits.
  • Apply multi criteria decision making methods to proposed intervention options.
  • Select and use decision support tools to make asset management recommendations.
  • Develop asset life-cycle plans including performance monitoring and business case.
  • Classify assets, asset systems, life cycle stages and activities.
  • Plan and manage projects.
  • Assess asset health; condition and performance.
  • Select and apply fault finding technique(s) to identify causes and effects of assets/asset system failures.
  • Apply continuous improvement techniques.
  • Assess and quantify asset, asset system and asset management activity-related risks; identify mitigation options.
  • Comply with legislation, asset management standards and company policies.
  • Use information technology systems and processes: for example, asset registers, work management systems, word processing, spreadsheets, email, presentation.
  • Collate and analyse asset/asset system data and information.
  • Interpret and present data - qualitative and/or quantitative.
  • Communicate with colleagues and stakeholders – verbal, written and presentation.

Full information on Asset manager (level 4) is available from the Institute for Apprenticeships and Technical Education.

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