What is ISO 55001 Lead Auditor Training?
ISO 55001 is a globally recognised standard for asset management, providing organisations with the framework to optimise asset performance and efficiency. Ensuring effective asset management is crucial for reducing costs, managing risks, and achieving strategic objectives. Proficiency in ISO 55001 is essential for professionals looking to improve organisational resilience and deliver measurable value from assets, making this training highly relevant in today’s competitive and resource-focused business environment.
Proficiency in ISO 55001 is vital for professionals involved in asset management, risk assessment, or auditing roles. Mastering this standard enables individuals to drive operational excellence, enhance asset performance, and align management systems with organisational goals. It is particularly beneficial for Lead Auditors, Asset Managers, Quality Managers, and Compliance Professionals who seek to establish, implement, or assess asset management systems effectively. Expertise in this domain ensures competitive advantage and robust operational outcomes.
This 5 days training course equips learners with in-depth knowledge of ISO 55001 requirements and auditing practices. It focuses on building competency in planning, conducting, and reporting audits aligned with international standards. Through expert-led sessions, learners will gain practical skills to identify areas of improvement, ensure compliance, and optimise asset management systems. By the end of the training, learners will have the tools to confidently lead audits and enhance their organisation’s asset management framework.
Course Objectives
To understand the purpose and benefits of ISO 55001 in asset management.
To develop knowledge of the principles and structure of ISO 55001
To learn how to plan and conduct an ISO 55001 audit effectively
To identify and evaluate risks and opportunities within an asset management system
To gain expertise in assessing compliance with ISO 55001 requirements
To provide actionable recommendations for continual improvement in asset management
To enhance confidence in leading ISO 55001 asset management system audits
Upon completing this course, learners will receive an internationally recognised certification, demonstrating their proficiency in ISO 55001 Lead Auditing. This certification validates their skills in evaluating and improving asset management systems, ensuring compliance with global standards.
Course Outline
ISO 55001 Lead Auditor Training
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
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
Included
Included
- No course includes are available.
Offered In This Course:
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Video Content
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eLearning Materials
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Study Resources
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Completion Certificate
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Tutor Support
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Interactive Quizzes
Learning Options
Discover a range of flexible learning options designed to meet your needs. Select the format that best supports your personal growth and goals.
Online Instructor-Led Training
- Live virtual classes led by experienced trainers, offering real-time interaction and guidance for optimal learning outcomes.
Online Self-Paced Training
- Flexible learning at your own pace, with access to comprehensive course materials and resources available anytime, anywhere.
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