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ISO 55001 Training

Online Instructor-led (1 days)

Online Self-paced (8 hours)

ISO 55001 Foundation Training Course Outline

Module 1: Introduction to ISO 55001

  • Introduction
  • Scope
  • Normative Reference
  • Terms and Definitions

Module 2: Asset Management Systems (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

  • 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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Prerequisites 

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

Audience 

This ISO 55001 Foundation Training course is designed for any individual who wants to gain in-depth knowledge about how to operate an asset management system.

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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  • Delegate pack consisting of course notes and exercises
  • Courseware
  • Experienced Instructor

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Online Instructor-led (5 days)

Online Self-paced (40 hours)

ISO 55001 Lead 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

  • 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

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

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 19: Conducting an Audit

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

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Prerequisites

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

Audience

This course is designed for everyone who wishes to gain knowledge of asset management systems through the ISO 55001 standard and lead auditor.

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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  • Delegate pack consisting of course notes and exercises
  • Courseware
  • Experienced Instructor

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Online Instructor-led (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
  • 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

  • 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

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

 

 

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Prerequisites

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

Audience

This training course is suitable for anyone who is responsible for maintaining conformance with AMS requirements.

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.

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  • Delegate pack consisting of course notes and exercises
  • Courseware
  • Experienced Instructor

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ISO 55001 Lead Implementer Exam

Delegates will need to sit an exam at the end of the 3-day ISO 55001 Lead Implementer training course. This exam is included in the course fee, and is formatted like so:

  • Multiple choice questions
  • Duration of 40 minutes
  • 50% pass mark
  • Closed book

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Online Instructor-led (2 days)

Online Self-paced (16 hours)

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

  • 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

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Prerequisites

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

Audience

This course is designed for everyone who wishes to gain knowledge of asset management systems through the ISO 55001 standard and internal auditing.

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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  • Delegate pack consisting of course notes and exercises
  • Courseware
  • Experienced Instructor

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Speak to a training expert for advice if you are unsure of what course is right for you. Give us a call on +44 1344 203999 or Enquire.

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ISO 55001 Training FAQs

FAQ's

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.
The Knowledge Academy is the Leading global training provider in the world for ISO 55001 Training.
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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

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