ISO 55001 Training

Online Instructor-led (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

Show moredown

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.

Skills You’ll Gain After Completing ISO 55001 Foundation Training

The ISO 55001 Foundation Training enables professionals to gain practical knowledge of Asset Management Systems (AMS) and develop skills to support effective management of organisational assets.

Core Skills Learned in ISO 55001 Foundation Certification

Here are the key skills learners will gain from this training:

  • Implement ISO 55001 Principles: Apply ISO 55001 scope, key concepts and terms to support asset management practices.
  • Evaluate Asset Management Systems: Assess how Asset Management Systems operate and understand the value they deliver across different organisational functions.
  • Identify Asset Management Types: Distinguish between financial, enterprise, infrastructure, IT, digital, and software assets to support effective decision-making.
  • Analyse Organisational Context: Identify stakeholder needs, organisational objectives, and contribute to defining the scope of an asset management system.
  • Support Asset Lifecycle Activities: Support asset planning, acquisition, operation, maintenance, and disposal in alignment with ISO 55001 principles.

Show moredown

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

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

Show moredown

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 

Show moredown

Online Instructor-led (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 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 (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 delegates 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 provides a framework for establishing, implementing, maintaining, and improving an Asset Management System. It focuses on managing the lifecycle of assets to ensure optimal value, sustainability, and performance across industries such as manufacturing, energy, and infrastructure.

Proficiency in ISO 55001 Internal Auditor Training is essential for Asset Managers, Auditors, Maintenance Engineers, and Risk Managers. Mastering this standard empowers professionals to assess, maintain, and improve asset management processes, ensuring compliance, reducing risks, and enhancing operational efficiency. It is vital for those aiming to ensure the longevity and performance of physical assets in their organisations.

The Knowledge Academy's 2-day course equips delegates with the fundamental principles and practical auditing skills related to ISO 55001. Through interactive workshops and expert-led sessions, delegates gain a comprehensive understanding of the standard's requirements, the auditing process, and how to ensure Asset Management Systems meet international standards. Delegates learn to conduct internal audits, identify non-conformities, and recommend improvements effectively.

Course Objectives

  • To understand the key principles of ISO 55001 and Asset Management Systems
  • To learn how to conduct internal audits for ISO 55001 compliance
  • To analyse and evaluate asset management performance against ISO 55001 standards
  • To identify non-conformities and suggest corrective actions
  • To enhance the effectiveness and efficiency of asset management processes
  • To ensure alignment of asset management strategies with organisational objectives

Upon completing this course, delegates will have acquired the knowledge and skills necessary to conduct internal audits of Asset Management Systems effectively, helping organisations to achieve ISO 55001 compliance and optimise their asset management processes.

Benefits of ISO 55001 Internal Auditor Training 

ISO 55001 Internal Auditor Training provides an understanding of how to assess and maintain Asset Management Systems (AMS) in line with ISO 55001. It equips learners with the knowledge required to conduct effective internal audits that support risk reduction, and asset performance improvement. 

Benefits of ISO 55001 Internal Auditor Training

Here are the key benefits of ISO 55001 Internal Auditor Training:

  • Expertise in Asset Management Systems: Understand how AMS work, their importance, and how to evaluate their effectiveness.
  • Audit Different Asset Types: Build skills in auditing financial, enterprise, infrastructure, IT, digital, and software assets for comprehensive coverage.
  • Align Audits with Organisational Context: Understand stakeholder needs, organisational objectives, and the scope of asset management systems to plan effective audits.
  • Enhance Leadership Insight: Learn to assess leadership commitment, policies, roles, and responsibilities during internal audits.
  • Asset Lifecycle Proficiency: Gain the ability to review asset planning, acquisition, operation, maintenance, and disposal processes.
  • Improve Asset Auditing Capability: Learn how to perform asset audits, evaluate compliance, measure performance, and identify opportunities for improvement.

Show moredown

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 (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

Show moredown

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.

Benefits of ISO 55001 Lead Auditor Course

The ISO 55001 Lead Auditor Course focuses on auditing Asset Management Systems (AMS) against ISO 55001 requirements. It covers audit principles, lifecycle evaluation, and governance review within asset management frameworks.

Key Advantages of the ISO 55001 Lead Auditor Course

Here are the benefits of ISO 55001 Lead Auditor Training:

  • ISO 55001 Expertise: Build the capability to interpret ISO 55001 terms, concepts and scope requirements accurately during Asset Management System audits.
  • AMS Evaluation Skills: Develop the ability to evaluate Asset Management System performance, including alignment with Strategic Asset Management Plans and organisational objectives.
  • Asset Lifecycle Proficiency: Gain practical competence to audit asset planning, acquisition, operation, maintenance, and disposal across the complete asset lifecycle.
  • Corrective Action Management: Learn to assess nonconformities, verify corrective and preventive actions, and support continual improvement within asset management systems.
  • Audit Leadership Capability: Strengthen the ability to lead audit teams, manage audit engagements, and communicate findings clearly to stakeholders and management.

Show moredown

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

  • ISO 55001 Lead Auditor Examination
  • 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 (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.

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.

Professional Skills Gained from ISO 55001 Lead Implementer Training

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.

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

Show moredown

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 +44 1344 203 999 or Enquire.

Core Concepts Covered in ISO 55001 Courses

ISO 55001 Courses provide a structured understanding of Asset Management Systems (AMS) and equip learners with the skills to manage assets effectively throughout their lifecycle. Key concepts include:

  • Asset Management System Framework: Learn the purpose, structure and requirements of ISO 55001, including how an AMS aligns asset activities with organisational objectives.
  • Asset Lifecycle and Value Realisation: Understand how assets are planned, acquired, operated, maintained and retired to optimise performance, reduce failures, and maximise value. 
  • Leadership, Governance and Strategic Alignment: Gain insight into leadership responsibilities, governance structures, and strategic planning elements that ensure asset activities support organisational goals.
  • Risk-Based Asset Management: Explore how ISO 55001 applies risk-based thinking to asset creation, operation and maintenance, helping organisations reduce disruptions and protect asset value.
  • Operational Planning and Control: Learn how to establish asset-management plans, documentation, performance measures, and operational controls that support consistent and efficient AMS operation.
  • Performance Evaluation and Monitoring: Develop the capability to monitor asset condition, track performance indicators, detect variances, and ensure asset activities meet defined objectives.
  • Auditing of the AMS: Understand how to conduct internal audits, verify conformity, address non-conformities, and drive continual improvement within the Asset Management System.
     

Benefits of ISO 55001 Training

ISO 55001 Training helps professionals and organisation improve asset performance, strengthen governance, and implement a systematic Asset Management System.

Benefits of ISO 55001 Training

The core benefits include:

Benefits to Professionals

  • Advance Asset Management Competence: ISO 55001 Training helps professionals build a strong understanding of ISO 55001 requirements, covering asset lifecycle planning, risk-based decision-making, performance evaluation, and the documentation needed to implement and maintain an effective AMS.
  • Stronger Career Growth Opportunities: Professionals will gain the expertise to advance into roles across asset governance, maintenance planning, operational reliability, and strategic asset management, increasing their suitability for senior technical and leadership positions.
  • Enhances Decision-Making Capability: Build capability to analyse asset performance, evaluate risks, assess whole-life costs, and recommend actions that strengthen long-term operational value.
  • Improves Cross-Functional Collaboration: These training courses strengthen understanding of asset interdependencies, enabling stronger collaboration with engineering, finance, operations, and risk teams to support organisation-wide alignment.

Benefits to Organisations

  • Optimise Asset Performance and Lifecycle Value: ISO 55001-trained teams help organisations maximise asset reliability, reduce downtime, and manage lifecycle costs through structured planning and performance monitoring.
  • Reduces Operational and Financial Risks: Training supports stronger identification, assessment, and control of asset-related risks, helping organisations avoid disruptions, safety failures, and unplanned expenditure.
  • Improves Cost Efficiency and Resource Utilisation: Teams gain the ability to allocate resources effectively, prioritise maintenance activities, and streamline workflows, leading to more predictable budgets and reduced waste.
  • Stronger Strategic Alignment and Governance: By applying ISO 55001 principles, organisations align asset management decisions with organisational objectives, regulatory expectations, and long-term business goals.
Show more blue-arrow

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.

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

The training fees for ISO 55001 Training in Portugal starts from €2895

Show more down

Why we're the go to training provider for you

icon

Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

icon

Trusted & Approved

Recognised by leading certification bodies, we deliver training you can trust.

icon

Many delivery methods

Flexible delivery methods are available depending on your learning style.

icon

High quality resources

Resources are included for a comprehensive learning experience.

barclays Logo
deloitte Logo
Thames Water Logo

"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"

Joshua Davies, Thames Water

santander logo
bmw Logo
Google Logo
cross

Exclusive Deals Big Savings This March!

Grab up to 40% OFF and level up your skills this spring! march-madness

WHO WILL BE FUNDING THE COURSE?

close

close

Thank you for your enquiry!

One of our training experts will be in touch shortly to go over your training requirements.

close

close

Press esc to close

close close

Back to course information

Thank you for your enquiry!

One of our training experts will be in touch shortly to go overy your training requirements.

close close

Thank you for your enquiry!

One of our training experts will be in touch shortly to go over your training requirements.