ISO 55001 Lead Implementer Training | ISO 55001 Training in Birmingham

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

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

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.

Skills You'll Gain After Completing this ISO 55001 Lead Implementer Training

The ISO 55001 Lead Implementer Training focuses on implementing and managing Asset Management Systems (AMS) in accordance with ISO 55001 requirements. It addresses system structure, organisational context, operational controls, and implementation planning within asset-focused environments.

Here are the key skills learners will gain after completing this training:

• ISO 55001 Interpretation: Apply ISO 55001 scope and terms to structure, document, and control Asset Management Systems in line with standard requirements.
• Strategic Asset Management Planning: Develop Strategic Asset Management Plans incorporating organisational objectives, stakeholder expectations, and defined asset management objectives.
• Asset Lifecycle Expertise: Implement lifecycle-based controls covering asset planning, acquisition, operation, maintenance, and disposal decision processes.
• Organisational Context and Scope: Determine Asset Management System scope by evaluating organisational context, internal and external issues, and stakeholder needs and expectations.
• AMS Implementation Control: Execute Asset Management System implementation using defined strategies, operational planning controls, economic analysis, and risk assessment methods.

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