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 Organization

  • Understanding the Organization 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
  • Organizational 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 is ideal for those who want to learn about the principles of asset management, the requirements of the standard, and how to apply them effectively within their organization. This course can be beneficial for a wide range of professionals, including:

  • 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

This ISO 55001 Foundation Training is an overview that details the basic understanding of asset management and familiarizes you to the international standard ISO 55001. It meets organizations' important needs to optimize their assets' lifecycles toward improved efficiency, reliability, and sustainable performance.

Proficiency in ISO 55001 is essential for asset management, planning, and maintenance operation efficiency professionals. Organizations can achieve growth and competitive advantage through proficiency in this standard, benefiting facility managers, engineers, and financial officers.

This 1-day training in the United States ensures that the participants systematically understand the principles involved in implementing asset management strategies for ISO 55001 compliance. It empowers the participants to raise asset utilization, reduce costs, and implement practices to improve organizational performance for sustainable asset management.

Course Objectives

  • To introduce the principles and terminology of asset management
  • To understand the requirements and framework of ISO 55001
  • To provide insights into effective asset management strategy planning
  • To enhance decision-making skills regarding asset life cycle management
  • To illustrate the benefits of ISO 55001 certification for organizations
  • To prepare participants for the ISO 55001 certification exam

After completing this course in the United States, delegates will receive a certificate acknowledging their foundational knowledge in asset management according to ISO 55001. This certification empowers professionals to contribute to their organization's objectives through effective asset management, making them key players in sustainability initiatives.

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

  • ISO 55001 Foundation Examination
  • World-Class Training Sessions from Experienced Instructors
  • ISO 55001 Foundation 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 (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 Organization

  • Understanding the Organization 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
  • Organizational 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

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Who should attend this ISO 55001 Internal Auditor Training Course?

This ISO 55001 Internal Auditor Training Course is ideal for individuals responsible for managing assets, overseeing asset management systems, or seeking to enhance their auditing skills within organizations aiming for ISO 55001 certification or maintaining their compliance. This course can be beneficial for a wide range professional, including:

  • 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

This course on ISO 55001, the international standard for Asset Management Systems, explains everything you need to know completely. Through this program internal auditors would be armed with the right knowledge and skills required to support their organizations in achieving ISO 55001 certification by emphasizing the significance of the framework as a tool for optimized asset lifecycle management.

The mastery of ISO 55001 is critical because assets are managed efficiently, risks are minimized, and value is derived throughout their lifecycle. The training will most likely be of great help and will be ideal for the asset managers, operational managers, and the quality assurance service providers in institutions as far as asset management practices are concerned.

The 2-day training aims to give participants hands-on practical experience through different activities and case studies. With the help of these, delegates will learn how to carry out ISO 55001 compliant internal audits successfully. This will help them to be able to create gainful opportunities, check their unit against the standard, and work for better results which will lead to better performance of organization’s asset management system.

Course Objectives

  • To provide an understanding of the ISO 55001 standard and its application
  • To equip delegates with the skills necessary to plan and conduct internal audits effectively
  • To enable delegates to identify non-conformities and areas for improvement in asset management systems
  • To teach the reporting and follow-up processes of an audit
  • To enhance participants' knowledge on how to advise their organizations towards ISO 55001 certification
  • To foster a continuous improvement culture within the organization’s asset management practices

After completing the course, the participants will be awarded a completion certificate, fixating their authority to do the internal testing against ISO 55001 norms. This certification assures of the applicants' expertise in the asset management system audit which paves the way for their ascent to management and leadership positions in the organization that concerned.

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

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

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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 Organization

  • Understanding the Organization 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
  • Organizational 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 designed for those who wish to learn the entire knowledge and abilities necessary to conduct and lead Asset Management System audits in accordance with the ISO 55001 Standard. Here are the professionals who will especially benefit from taking 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 stresses the importance of asset management through whole life cycle stages. Since organizations are seeking for a better asset management system, the ISO 55001 indispensable to correct measures. This training takes place to enable the individuals to detect these systems with the right skills as this was done in the line with organizational goals and international standards.

ISO 55001 proficiency is one of the critical factors to consider especially for the purpose of having legitimate and proper asset management systems which achieve the desired results through efficiency and effectiveness. The people who have utilize their expertise auditors, asset managers and quality assurance practitioners should strive to realize this standard. This institutional of practices from knowledge of asset management will keep on growing, of which to success of the organization will contribute highly.

The 5-day training is intended to give delegates skills-based auditing process according to ISO/TS 55001 international standards. Course attendees will be capable of performing audits that deliberately build a culture of results-oriented thinking and make the asset management systems more effective. Herewith, the latter must be aligned with the organization's strategy. This hands-on knowledge is a part and parcel of every auditor who possesses the specialization in Asset management.

Course Objectives

  • To understand the principles and processes of effective asset management as per ISO 55001
  • To acquire the skills necessary to conduct and lead ISO 55001 audit processes
  • To learn the techniques for managing an audit team and audit program
  • To develop the ability to assess compliance with ISO 55001 and identify areas for improvement
  • To understand the application of asset management within different organizational contexts

At the completion of the course, participants will be given a certificate that acknowledges their expertise in ISO 55001 audits This certification attests to their expertise in asset system administration and their ability to enhance an organization's performance as they excel at asset optimization and risk management.

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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 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 Organization

  • Understanding the Organization 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
  • Organizational 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

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Who should attend this ISO 55001 Lead Implementer Training Course?

The ISO 55001 Lead Implementer Training Course is intended to give people with the expertise and competencies required to lead an business enterprise thru the method of developing, implementing, dealing with, and keeping an Asset Management System in accordance with the ISO 55001 Standard. The following professions will considerably gain 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

The ISO 55001 Lead Implementer Training Course is designed for individuals searching for a comprehensive knowledge of asset control systems. This route delves into the specifics of the ISO 55001 wellknown, emphasizing its significance in making sure asset longevity and optimizing overall performance throughout numerous sectors.

Proficiency in ISO 55001 is important for professionals responsible for asset management, which include Asset Managers, Project Managers, and Compliance Officers. Mastering this preferred helps groups attain operational excellence, lessen risks, and enhance asset usage and sustainability.

This 3-day extensive training equips delegates with the competencies to put into effect, maintain, and improve an asset control machine. Through sensible exercises and expert guidance, members will learn to follow the ideas of ISO 55001 in actual-international eventualities, improving their proficiency and confidence in coping with assets efficaciously.

Course Objectives

  • To understand the principles and requirements of ISO 55001 for asset management
  • To gain the skills necessary to assess an organization's current asset management capabilities
  • To learn how to plan, implement, and maintain an ISO 55001-compliant asset management system
  • To develop the ability to advise and guide organizations on best practices in asset management
  • To enhance decision-making skills regarding asset use, risk management, and performance optimization

After completing this course, delegates will receive an ISO 55001 Lead Implementer Certification. This certification validates their expertise in asset management and their ability to lead the implementation of an asset management system.

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

  • ISO 55001 Lead Implementer Examination
  • World-Class Training Sessions from Experienced Instructors
  • ISO 55001 Lead Implementer 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 +1 7204454674 or Inquire.

ISO 55001 Training FAQs

ISO 55001 Certification Courses enhance asset management skills, improve organizational efficiency, reduce operational costs, and ensure compliance with international standards, ultimately boosting an organization's financial performance and reputation.
ISO 55001 certification courses enhance asset management skills, improve organizational efficiency, reduce operational costs, and ensure compliance with international standards, ultimately boosting an organization's financial performance and reputation.
In this training course, delegates will have 1 to 5 days intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion.
This ISO 55001 Training Course is ideal for asset managers, quality managers, operational personnel, and anyone involved in asset management within an organization looking to enhance their understanding and application of the ISO 55001 standard.
With ISO 55001 Certification Training, you can expect roles like Asset Manager, Compliance Officer, Risk Manager, and roles in quality assurance and operations management, focusing on asset lifecycle and efficiency in various industries.
There aren’t any formal prerequisites to attend these ISO 55001 Courses.
Yes. The Knowledge Academy offers 24/7 support for delegates before, during, and after this course. Our customer support team is available to assist and promptly resolve any issues you may encounter.
Yes, we provide corporate training for this course, tailored to fit your organization’s requirements.
In the ISO 55001 Online Certification Course, you'll learn about asset management principles, the standard's requirements, how to implement and manage an Asset Management System (AMS), and best practices for improving organizational efficiency and performance.
Delegates will participate in intensive learning sessions during these 1 to 5 days intensive training covering various course topics.
ISO 55001 Certification Courses typically range from foundational levels, suitable for beginners, to advanced levels for experienced professionals seeking in-depth knowledge of asset management systems and their application in accordance with the ISO 55001 standard.
Please see our ISO 55001 Training courses available in the United States
The Knowledge Academy is the Leading global training provider for ISO 55001 Training.
The training fees for ISO 55001 Training in the United States starts from $3195
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