ISO 55001 Training

Online Instructor-led (1 days)

Classroom (1 days)

Online Self-paced (8 hours)

ISO 55001 Foundation Exam

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 is an international standard that assists businesses in effectively managing their assets to maximise their lifetime value. ISO 55001 is especially important for capital-intensive companies with a large number of assets. ISO 55001 provides a competent asset management framework for improving, maintaining, establishing, and implementing effective asset control and governance to realise value through risk and opportunity management to achieve the desired risk, cost, and performance balance. 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.    

Our 1-day ISO 55001 Foundation training course aims to provide delegates with a comprehensive knowledge of Asset Management Systems (AMS). During this training, delegates will learn about the importance of asset management systems and how they work in an organisation. They will also learn about various essential topics such as financial asset management, enterprise asset management, infrastructure asset management, and IT asset management. Our highly professional trainer with years of experience in teaching such courses will conduct this training course and will help you get a complete understanding of this ISO 55001 training course.  

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

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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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Online Instructor-led (5 days)

Classroom (5 days)

Online Self-paced (40 hours)

ISO 55001 Lead Auditor Exam

ISO 55001 Lead Auditor Training Course Outline

 

Module 1: Introduction to ISO 55001

  • Introduction
  • Scope
  • Terms and Definitions

Module 2: Asset Management System

  • 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

  • Introduction
  • 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

Module 8: Internal Audit

  • Introduction
  • Internal Auditor
  • Internal Audit Process
  • Types of Internal Audit
  • Internal Audit Functions
  • Internal Auditor Vs External Auditor

Module 9: Audit Planning

  • Planning Process
  • Audit Universe
  • Risk Assessment Methodology
  • Strategic Audit Plan
  • Annual Audit Plan
  • Execution
  • Audit Engagement
  • Audit Objectives and Scope
  • Audit Program and Working Papers
  • Assessment, Evidence, and Supervision
  • Closing Meeting
  • Reporting

Module 10: Asset Auditing

  • What is Assets Auditing?
  • Objective of Asset Auditing
  • How to Perform an Asset Audit?
  • Benefits of Asset Auditing
  • Case Study

Module 11: Planning

  • Actions to Address Risks and Opportunities for the Asset Management System
  • Asset Management Objectives and Planning to Achieve Them

Module 12: Support

  • Resources
  • Competence
  • Awareness
  • Communication
  • Information Requirements
  • Documented Information

Module 13: Operation

  • Operational Planning and Control
  • Management of Change
  • Outsourcing

Module 14: Implementation of an AMS

  • Strategies for Implementation
  • Approaches to Implementing an Asset Management Program
  • Steps to Implementing an Asset Management Program
  • Communication in Asset Management
  • Economic Analysis in Asset Management
  • Risk Assessment and Asset Management
  • Role of Preservation in Asset Management
  • Case Study

Module 15: Introduction to Lead Auditor

  • Lead Auditor
  • Role of Lead Auditor

Module 16: Performance Evaluation

  • Monitoring, Measurement, Analysis, and Evaluation
  • Internal Audit
  • Management Review

Module 17: Improvement

  • Nonconformity and Corrective Action
  • Preventive Action
  • Continual Improvement

Module 18: Conducting an Audit

  • Initiating Audit
  • Preparing Audit Activities
  • Conducting Audit Activities
  • Preparing and Distributing Audit Report
  • Completing Audit
  • Conducting Audit Follow-Up
  • Case Study

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Who should attend this ISO 55001 Lead Auditor Training Course?

The ISO 55001 Lead Auditor Training Course is tailored to equip individuals who want to gain comprehensive knowledge and skills required to conduct and lead Asset Management System audits based on the ISO 55001 Standard. Here are the individuals who might especially benefit from attending the ISO 55001 Lead Auditor Training Course:

  • Asset Managers
  • Experienced Internal Auditors
  • Quality and Compliance Managers
  • Consultants
  • Management System Representatives
  • Operational and Maintenance Managers
  • Risk Managers
  • Third-Party Auditors

Prerequisites of the ISO 55001 Lead Auditor Training Course

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

ISO 55001 Lead Auditor Training Course Overview

ISO 55001 is an asset management system standard that is used in organisations to manage asset lifecycles more effectively. Organisations that implement ISO 55001 will have better control over their daily activities, a higher return on their assets, and a lower total cost of risk. The main purpose of ISO 55001 is to significantly improve asset management by meeting stakeholder, business, and legal requirements. This training assists individuals to manage risk related to asset ownership and the development of viable and predictable cash flows. This training assists organisations in how to improve the financial performance of a company or business. Holding skills in this training course can help to achieve rapid and significant professional growth and expand career opportunities in this field.

In this 5-day ISO 55001 Lead Auditor training course, delegates will gain a thorough understanding of how to manage an audit programme, audit team, customer communication, and conflict resolution. During this course, delegates will learn the goals, content, and correlation between ISO 55001 and other standards or regulatory frameworks. They will also learn how to plan and lead an audit. This training course will be led by our highly professional trainer, who has years of experience teaching such courses and will assist delegates in gaining skills and understanding ISO 55001.

Course Objectives

  • To acquire knowledge about identifying areas for improvement
  • To learn about optimising asset performance and ROI
  • To know the procedures for reassuring stakeholders and enhancing reputation
  • To get in touch with cementing your reputation for asset protection
  • To understand about setting up a comprehensive management system
  • To learn policy tailored to the needs of the business context and stakeholders

At the end of this training, delegates will be able to identify and manage asset risks so they can mitigate them as soon as possible. They will also be able to plan the maintenance schedules for all assets to avoid service disruptions.

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What’s included in this ISO 55001 Lead Auditor Training Course?

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

Show moredown

ISO 55001 Lead Auditor Exam Information 

To achieve the ISO 55001 Lead Auditor 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  

Show moredown

Online Instructor-led (2 days)

Classroom (2 days)

Online Self-paced (16 hours)

ISO 55001 Internal Auditor Exam

ISO 55001 Internal Auditor Training Course Outline

Module 1: Introduction to ISO 55001

  • Introduction
  • Scope
  • Normative Reference
  • Terms and Definitions

Module 2: Asset Management System (AMS)

  • 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

  • Introduction
  • 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

Module 8: Internal Audit

  • Introduction
  • Internal Auditor (IA)
  • Internal Audit Process
  • Types of Internal Audit
  • Internal Audit Functions
  • Internal Auditor Vs External Auditor

Module 9: Audit Planning

  • Planning Process
  • Audit Universe
  • Risk Assessment Methodology
  • Strategic Audit Plan
  • Annual Audit Plan
  • Execution
  • Audit Engagement
  • Audit Objectives and Scope
  • Audit Program and Working Papers
  • Assessment, Evidence, and Supervision
  • Closing Meeting
  • Reporting

Module 10: Asset Auditing

  • What is Assets Auditing?
  • Objective of Asset Auditing
  • How to Perform an Asset Audit?
  • Benefits of Asset Auditing

Show moredown

Who should attend this ISO 55001 Internal Auditor Training Course? 

The ISO 55001 Internal Auditor Training Course is designed to provide participants with the skills and knowledge needed to conduct internal audits on an organisation's Asset Management System, based on the ISO 55001 Standard. Here are the individuals who might benefit from attending an ISO 55001 Internal Auditor Training Course:

  • Asset Managers
  • Existing Internal Auditors
  • Operational Managers
  • Maintenance Managers
  • Quality Assurance Professionals
  • Management Representatives
  • Consultants
  • Project Managers

Prerequisites of the ISO 55001 Internal Auditor Training Course

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

ISO 55001 Internal Auditor Training Course Overview

ISO 55001 is an international standard that specifies the need to establish, implement, maintain, and improve management systems for asset management. An asset management system is a method that an organisation uses for managing entire assets within an organisation. An internal auditor is responsible for assessing the risk of an organisation, identifying shortfalls in the process, and ensuring the organisation is complying with relevant laws. The main aim of this training programme is to equip aspiring candidates with the standard ISO 55001 on asset management and the skills required to perform an internal audit. Holding the knowledge of asset management with ISO 55001 and the skills of internal asset audit will enable individuals to get the desired designations as an internal auditor and other higher prospects.

This 2-day ISO 55001 Internal Auditor Training course provides delegates with the core concepts of internal auditing and how to perform it. While attending this training course, delegates will attain an understanding of asset management systems that manage all the assets within an organisation. They will also understand asset auditing, which assesses the effectiveness and adequacy of internal controls over assets. Our highly skilled instructor with years of teaching experience will conduct this session and become familiar with asset management and auditing.

Course Objectives

  • To assess an organisation’s ability to meet regulatory and legal requirements
  • To lay the groundwork for an audit plan and execution in an internal audit
  • To learn how assets can be kept safe from unauthorised access and theft with auditing
  • To create a long-term plan of internal audit using a strategic audit plan
  • To assess and mitigate risks with a more actionable annual audit plan
  • To locate and confirm the accuracy of an organisation's asset list

At the end of this training course, delegates will be able to perform internal asset auditing for locating, counting, and validating a company’s assets. They will also be able to manage assets from remote locations and provide information on the assets' lifecycle.

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What’s included in this ISO 55001 Internal Auditor Training Course?

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

Show moredown

ISO 55001 Internal Auditor Exam Information 

To achieve the ISO 55001 Lead Auditor 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  

Show moredown

Online Instructor-led (3 days)

Classroom (3 days)

Online Self-paced (24 hours)

ISO 55001 Lead Implementer Exam

ISO 55001 Lead Implementer Training Course Outline

Module 1: Introduction to ISO 55001

  • Introduction
  • Scope
  • Terms and Definitions

Module 2: Asset Management System

  • What is an 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

  • Introduction
  • 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

Module 8: Internal Audit

  • Introduction
  • Internal Auditor
  • Internal Audit Process
  • Types of Internal Audit
  • Internal Audit Functions
  • Internal Auditor Vs External Auditor

Module 9: Audit Planning

  • Planning Process
  • Audit Universe
  • Risk Assessment Methodology
  • Strategic Audit Plan
  • Annual Audit Plan
  • Execution
  • Audit Engagement
  • Audit Objectives and Scope
  • Audit Program and Working Papers
  • Assessment, Evidence, and Supervision
  • Closing Meeting
  • Reporting

Module 10: Asset Auditing

  • What is Assets Auditing?
  • Objective of Asset Auditing
  • How to Perform an Asset Audit?
  • Benefits of Asset Auditing
  • Case Study

Module 11: Planning

  • Actions to Address Risks and Opportunities for the Asset Management System
  • Asset Management Objectives and Planning to Achieve Them

Module 12: Support

  • Resources
  • Competence
  • Awareness
  • Communication
  • Information Requirements
  • Documented Information

Module 13: Operation

  • Operational Planning and Control
  • Management of Change
  • Outsourcing

Module 14: Implementation of an AMS

  • Strategies for Implementation
  • Approaches to Implementing an Asset Management Program
  • Steps to Implementing an Asset Management Program
  • Communication in Asset Management
  • Economic Analysis in Asset Management
  • Risk Assessment and Asset Management
  • Role of Preservation in Asset Management
  • Case Study

Show moredown

Who should attend this ISO 55001 Lead Implementer Training Course? 

The ISO 55001 Lead Implementer Training Course is designed to equip participants with the expertise to guide an organisation in establishing, implementing, managing, and maintaining an Asset Management System as per the ISO 55001 Standard. Here are the individuals who would significantly benefit from attending the ISO 55001 Lead Implementer Training Course:

  • Asset Managers
  • Operational Managers
  • Quality Managers
  • Consultants
  • Project Managers
  • Maintenance Managers
  • Risk Managers
  • Professionals transitioning from other standards

Prerequisites of the ISO 55001 Lead Implementer Training Course

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

ISO 55001 Lead Implementer Training Course Overview

ISO 55001 is an international standard for an asset management system that aids businesses in efficiently managing their assets to maximise their lifetime value. It provides a framework to establish, maintain, implement, and enhance efficient control and governance of assets to realise value through managing risk and opportunity. Our industry experts have curated this training to assist organisations in successfully implementing the Asset Management Systems (AMS) framework to achieve the desired balance of cost, risk, and performance of the assets. This training course will help individuals manage their organisation's assets while saving on costs and improving employee efficiency and accountability. Holding skills to implement the AMS framework successfully will open doors for individuals to grab highly paid job roles in reputed enterprises.

This 3-day ISO 55001 Lead Implementer training course will provide delegates with the best practises of asset management systems and effectively improve an organisation’s asset management. During this training, delegates will learn the principles and practises of effective management of an AMS. They will also acquire the skills to maintain, establish, implement, and manage an asset management system. Our highly professional trainer with years of experience in teaching such courses will conduct this training course and help delegates acquire the professional capabilities to implement ISO 55001 in an organisation.

Course Objectives:

  • To understand how to plan, implement, monitor, and maintain an AMS
  • To acquire knowledge of implementation principles
  • To interpret the ISO 55001 requirements in the context of an organisation
  • To learn approaches, methods, and techniques for the implementation of an AMS
  • To understand the operations of an asset management system

At the end of this training, delegates will be able to plan, implement, manage, monitor, and maintain an asset management system. They will also be able to improve an organisation’s asset management by using their assets to their maximum potential.

Show moredown

What’s included in this ISO 55001 Lead Implementer Training Course?

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

Show moredown

ISO 55001 Lead Implementer Exam Information

To achieve the ISO 55001 Lead Implementer 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
  • Open Book/ Closed Book: Closed Book

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Not sure which course to choose?

Speak to a training expert for advice if you are unsure of what course is right for you. Give us a call on 01344203999 or Enquire.

ISO 55001 Training FAQs

ISO 55001 is an international standard that helps businesses efficiently manage their assets to maximise their lifetime value.
Increase profitability, improve brand reputation, manage asset ownership risks, reduce asset ownership costs and many other fringe benefits of ISO 55001.
An asset management system is a method that an organisation uses for managing entire tangible or intangible assets within an organisation.
Completing an asset inventory, computing life-cycle costs, setting levels of service, exercise long-term financial planning are the ways in which an individual can develop a strategic asset management plan.
A good asset management system offers the ability to monitor and track every asset in the organisation, identify and manage assets from remote locations, and plan maintenance schedules for each asset.
Please see our ISO 55001 Training courses available in the United Kingdom
The Knowledge Academy is the Leading global training provider for ISO 55001 Training.
The training fees for ISO 55001 Training in the United Kingdom starts from £2495.
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