ISO 55001 Lead Auditor Training | ISO 55001 Training in Irvine

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

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.

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.

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 organizational 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.

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

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