Public Infrastructure Asset Management Leadership (Online)
New provincial regulations require an asset management plan for every municipality in Ontario, which means that skilled municipal asset management is in high demand. This online certificate is designed to provide public sector employees with the skills they need to not only manage and maintain assets, but also determine objectives and priorities, plan resources and forecast financials to enable decisions on the use and maintenance of these assets.
Well-functioning asset management can have a positive impact on finances, business performance, engineering, logistics, risk management. You will learn how to prioritize asset management actions using level of service, risk management indicators and cost benefit analysis as part of an effective asset management system. The program lays out strategies to assess the data, people, processes and technology that will improve the asset information system and the step-by-step skills to develop and maintain the components of an asset management strategy.
The program covers the current provincial asset management environment including provincial regulations. In the final course you will gain practical experience by preparing a comprehensive municipal asset management plan that complies with Ontario Regulation 588/17.
Is this for you?
This certificate is designed for public sector employees who write asset management plans or are involved in the asset management process. This might include Public Works employees, including Transportation and Engineering, City Managers, the Finance department of municipalities, as well as engineering consultants tasked with asset management. The certificate emphasizes strong documentation skills that ensure continuity of knowledge and information and Allows for better understanding the implications for financial decisions on asset management.
- 19 years or older, or completed an Ontario Secondary School Diploma or equivalent
- Basic Windows computer and internet skills (managing files and folders, keyboarding, email and Internet searches)
Certificates must be completed within five years. Once you have completed all certificate requirements, please contact us again for your official certification.
Courses in Public Infrastructure Asset Management Leadership (Online)
Mandatory Courses - can be taken in any order.
Asset Management, An Introduction (MGMT315)
In this course participants will gain a general understanding of the principles of asset management, the different terminology, the role asset management has in the businesses of the municipality, and how to initiate an asset management program. This will allow participants to grasp the fundamentals of asset management and the benefits of an effective system for municipalities. Participants will work with provincial regulations, governance structures, policy objectives, and competency requirements for an asset management system by working through interactive online learning.
Asset Information System (MGMT316)
This course will familiarize participants with the components of an asset information system and how they are organized. A reliable asset information system is the foundation of good asset management planning and decision making and therefore an important part of the asset management system. Time will be spent exploring how to use tools and strategies to assess and improve the current state of a municipality?s asset information system. Participants will become familiar with the process of working with stakeholders to identify improvement opportunities and develop a strategy to enhance data, processes and technology to improve an organization's information management system.
Assessing the Infrastructure (MGMT317)
The objective of this course is to apply suitable tools, frameworks and measures that determine the current state of the infrastructure and asset priorities. Understanding the current state of a municipality's infrastructure portfolio is the first step in determining the infrastructure gap between the current state of infrastructure and the desired state of infrastructure. Participants will apply tools and spreadsheets to analyze an infrastructure portfolio case study. Governance structures that shows the role of stakeholders including Council, service managers and experts, as well as engineering, operations and finance managers and experts will be used in the discussions. This will build capacity for working with stakeholders to set levels of service and assess asset risks and priorities.
Forecasting Infrastructure Needs and Expenditures (MGMT318)
The objective of this course is to guide participants on working with stakeholders and experts to predict asset life cycles and develop maintenance and rehabilitative treatment strategies during the life cycle of the assets to maximize asset value. Development of asset life cycles and life cycle strategies is fundamental for determining future asset management actions, costs and to plan for infrastructure sustainability. Participants will learn how to develop cost estimates for the asset maintenance, rehabilitation and replacement life cycle activities for different asset types and then apply these activities to an infrastructure portfolio case study. As a result, students will be able to estimate the total costs of asset ownership in the infrastructure portfolio case study and to use that information to forecast long range capital, maintenance and operating expenditures.
Developing Asset Management (MGMT319)
The objective of this course is to guide students on how to prepare an optimized asset management plan that complies with Ontario Regulation 588/17. The asset management plan is the primary objective of the asset management system. The asset management plan outlines the municipality?s most feasible strategy for sustaining its assets and services and is used to inform and support the annual budget and forecast. Students will continue to utilize the infrastructure portfolio case study including its information outputs used in previous courses and will add additional case study information on available finances and tools. Using this case study information they will develop a prioritized asset management plan that optimizes available financial resources.