Course information

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

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  

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Sacramento is situated near central valley at the joining of the Sacramento River and the American River, as well as it being the capital city of California it is also the sixth largest city within California and is home to around 485,199 people within 2014. Sacramento also has a metropolitan population of an estimated 2,414, 783 in 2010 therefore ranking it in third place as the largest metropolitan population within California. Sacramento is also the seat to the government of Sacramento County, and America’s most diverse city as of Harvard University civil rights project in 2002. There are a number of different types of schools, which are public, private or independent, the independent schools within Sacramento include the Waldorf School and the Sacramento Country Day School which was run by the California Association of Independent Schools as opposed to being one of the Roman Catholic Independent schools. The Public schools include Natomas Unified School District, Twin Rivers Unified School District, Sacramento City Unified School District and Elk Grove Unified School District. Some of the Universities within the city include Sacramento State (California State University, Sacramento) and University of California. Sacramento State University plays a big part in the education of students, as of 2004 they enrolled roughly 22,555 undergraduates within the eight colleges it operates. There is also a few universities with campuses in Sacramento which include the McGeroge School of law – University of Pacific, National University, Western Seminary and the University of San Francisco. All of the Universities offer students different types of courses and degrees some of which include graduate, undergraduate, bachelors, masters and doctoral degrees. Subjects can also differ depending on the institution with regards to public health sciences, administration, project management, business, sciences, law, counselling, education, mathematics, engineering, arts, sports and many more. Sacramento also consists of different schools which practise religion, these being an Islamic school the Masjid Annur, Christian schools such as the Sacramento Adventist Academy and the Capital Christian School as well as a Jewish school which is the Shalom School.

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Address

Sacremento, California

T: +1 7204454674

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led ISO 55001 Lead Auditor Training | ISO 55001 Training in Sacramento. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's ISO 55001 Lead Auditor Training | ISO 55001 Training in Sacramento, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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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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