ISO 55001 Foundation Training Course Outline

Module 1: Introduction to ISO 55001

  • Introduction
  • Scope
  • Normative Reference
  • Terms and Definitions

Module 2: Asset Management Systems

  • What is Asset Management System?
  • Importance of Asset Management
  • How Does Asset Management Work?
  • Why Use an Asset Management System?
  • Developing a Strategic Asset Management Plan
  • Benefits of Asset Management

Module 3: Types of Asset Management

  • Financial Asset Management
  • Enterprise Asset Management
  • Infrastructure Asset Management
  • IT Asset Management
  • Digital Asset Management
  • Software Asset Management

Module 4: Context of the Organisation

  • Understanding the Organisation and its Context
  • Understanding the Needs and Expectations of Stakeholders
  • Determining the Scope of the Asset Management System
  • Asset Management System

Module 5: Leadership

  • Leadership and Commitment
  • Policy
  • Organisational Roles, Responsibilities, and Authorities

Module 6: Asset Lifecycle

  • Planning
  • Acquisition
  • Operation and Maintenance
  • Disposal

Module 7: Asset Management Terminology

  • Asset
  • Asset Usage
  • Asset Reuse
  • Robust Asset
  • Reusable Asset
  • Ad-Hoc Reuse
  • Engineered Reuse
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Who should attend this ISO 55001 Foundation Training Course?

The ISO 55001 Foundation Training Course offers a deep dive into the world of Asset Management. For attendees, this course presents an opportunity to understand and harness the principles of Asset Management to their advantage, both personally and professionally. The following individuals can consider attending an ISO 55001 Foundation Training Course:

  • Asset Managers
  • Facility Managers
  • Operational Managers
  • Maintenance Managers
  • Financial Managers
  • Quality Managers
  • Risk Managers
  • Project Managers

Prerequisites of the ISO 55001 Foundation Training Course

There are no formal prerequisites for attending this ISO 55001 Foundation Training Course.

ISO 55001 Foundation Training Course Overview

ISO 55001 Foundation Training Course provides delegates with a solid understanding of the ISO 55001 standard, focusing on asset management and the implementation of effective management systems. As businesses aim to optimise asset performance and achieve long-term value, proficiency in ISO 55001 is essential for maintaining operational efficiency and meeting regulatory requirements. This course equips delegates with the knowledge needed to manage assets efficiently, ensuring compliance and continuous improvement.

Professionals, including Asset Managers, Compliance Officers, and Maintenance Engineers, must develop expertise in ISO 55001 to enhance asset lifecycle management. Mastery of this standard ensures organisations can reduce risks, improve reliability, and optimise asset performance. This course is crucial for those seeking to strengthen their asset management capabilities and align with best practices.

This 1-day training by The Knowledge Academy equips delegates with the practical skills to implement ISO 55001 principles within their organisation. Through interactive discussions and real-world case studies, delegates will learn how to establish an asset management system that supports strategic objectives and operational excellence.

Course Objectives

  • To operate, develop, sell, and maintain assets in a cost-effective manner
  • To preserve the path of their assets, whether fixed or liquid
  • To keep the assets in decent condition and manage them effectively
  • To maintain and monitor everything considered an asset within the corporation
  • To warrant that assets are being used efficiently and properly
  • To create a purchase timeline and budget for asset acquisition

By the end of this training, participants will be able to save money and be more organised to reduce waste by tracking their assets. They will also be able to integrate asset management systems to meet the appropriate management system requirements.

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What’s included in this ISO 55001 Foundation Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • ISO 55001 Foundation Training Certificate
  • Digital Delegate Pack

You’ll also get access to the MyTKA Training Portal, which will be your go to hub for all your training.
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ISO 55001 Foundation Exam Information

To achieve the ISO 55001 Foundation Training, candidates will need to sit for an examination. The exam format is as follows:  

  • Question Type: Multiple Choice  
  • Total Questions: 30  
  • Total Marks: 30 Marks  
  • Pass Mark: 50%, or 15/30 Marks  
  • Duration: 40 Minutes 
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Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led ISO 55001 Foundation Training Course. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

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Live classes

Join a scheduled class with a live instructor and other delegates.

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Interactive

Engage in activities, and communicate with your trainer and peers.

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Global Pool of the Best Trainers

We handpick from a global pool of expert trainers for our Online Instructor-led courses.

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Expertise

With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.

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With classes running in all timezones, access any of our courses and course material from anywhere, anytime.

Master ISO 55001 Foundation Training with a flexible yet structured approach that combines live, expert-led sessions and self-paced study. With weekly one-to-one tutor support and consistently high pass rates, you’ll receive tailored guidance and achieve real results.

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Structured Yet Flexible Learning

Take part in scheduled, instructor-led sessions with real-time feedback, while enjoying the freedom to study independently. Interactive resources and progress tracking tools help you stay motivated and on target.

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Engaging & Interactive Training

Join dynamic live sessions featuring discussions, practical activities, and peer collaboration. Learn from ISO 55001 Foundation Training industry experts and reinforce your knowledge with self-paced modules—plus, connect with professionals in your field.

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Expert-Led Course

Gain valuable insight from experienced trainers during live sessions, and revisit course materials anytime to deepen your understanding. This method offers the ideal balance between expert guidance and independent learning.

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Access top-quality training across time zones—anytime, anywhere. Whether at home or on the go, our expert-led sessions and flexible study materials support your goals, and help you on the journey towards the certification.

Package deals for ISO 55001 Foundation Training

Our training experts have compiled a range of course packages on a variety of categories in ISO 55001 Foundation Training, to boost your career. The packages consist of the best possible qualifications with ISO 55001 Foundation Training, and allows you to purchase multiple courses at a discounted rate.

ISO 55001 Foundation Training FAQs

What is ISO 55001?

ISO 55001 is an international standard that helps businesses efficiently manage their assets in order to maximise their lifetime value.

What are the prerequisites for attending ISO 55001 Foundation Training?

There are no formal prerequisites for attending this ISO 55001 Foundation Training Course.

Who should attend this ISO 55001 Foundation course?

The following individuals can consider attending an ISO 55001 Foundation Training Course such as Asset Managers, Facility Managers, Operational Managers, Maintenance Managers, Financial Managers, Quality Managers, Risk Managers, Project Managers

What are the benefits of the ISO 55001 Foundation Certification course?

This training helps learners with managing asset lifecycles, ensuring that assets perform their required functions, enhancing brand reputation, and increasing profitability. Pursuing this training will help individuals gain the required knowledge, skills, and experience to enhance their career prospects.

What will I learn in this ISO 55001 Foundation Training?

In this ISO 55001 Foundation Training, you will learn how to develop a strategic asset management plan, understand the organisation and its context, and understand the needs and expectations of stakeholders, planning, acquisition, operation, and maintenance.

Do you offer 24/7 support for the ISO 55001 Foundation course?

Yes, The Knowledge Academy offers 24/7 support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.

What is included in ISO 55001 Foundation the course?

In this training course, delegates will have intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion, ensuring you gain practical experience and in-depth knowledge of ISO 55001 Foundation

What is the duration of this ISO 55001 Foundation course?

This course takes 1-day to complete during which delegates participate in intensive learning sessions that cover various course topics.

What are the skills required for ISO 55001 Foundation Training?

Skills required for ISO 55001 are to recognize a typical framework for implementing ISO 55001 following the PDCA cycle. To interpret key concepts and requirements of ISO 55001 from an implementation perspective. Identify the benefits specific to an organization in relation to implementing an effective AMS.

Do I need any prior experience to take this ISO 55001 Foundation online course?

No prior experience for taking this ISO 55001 Foundation online course.

Is this ISO 55001 Foundation Course suitable for individuals at different career stages?

The course is designed to be accessible to all levels, making it suitable for both beginners and experienced professionals. It covers foundational concepts while offering in-depth insights into personal and organisational growth strategies.

Do I receive a certificate after completing the ISO 55001 Foundation training?

Yes, after completing this course you will receive a certificate of completion to validate your achievement and demonstrate your proficiency in the course material.

Do you provide self-paced ISO 55001 Foundation online Training?

The Knowledge Academy provides flexible self-paced training for this course. Self-paced training is beneficial for individuals who have an independent learning style and wish to study at their own pace and convenience.

What kind of jobs can I expect based on this ISO 55001 Foundation Certification?

After completing an ISO 55001 Foundation Training Course one can explore their career as Asset Managers, Facility Managers, Operational Managers, Maintenance Managers, Financial Managers, Quality Managers, Risk Managers, Project Managers

Do you provide corporate training for this ISO 55001 Foundation Training?

Yes, we provide corporate training for this course, tailored to fit your organisation’s requirements.

What is the level of difficulty for this ISO 55001 Foundation Training Course?

The course is designed to be accessible to all levels, making it suitable for both beginners and experienced professionals. It covers foundational concepts while offering in-depth insights into personal and organisational growth strategies.

Who should I contact if I am unable to access this ISO 55001 Foundation Course?

If you are unable to access your Supervisor Training, contact the support team at The Knowledge Academy via their customer service email or phone number provided on their website for prompt assistance and resolution of your issue.

Why choose The Knowledge Academy in Canada over others?

The Knowledge Academy in Canada stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this course.

What is the cost/training fees for ISO 55001 Foundation Training in Canada?

The training fees for ISO 55001 Foundation Trainingin Canada starts from CAD2195

Which is the best training institute/provider of ISO 55001 Foundation Training in Canada?

The Knowledge Academy is the Leading global training provider for ISO 55001 Foundation Training.

What are the best ISO 55001 Training courses in Canada?

Please see our ISO 55001 Training courses available in Canada

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