Course Overview

This course enables participants to learn about the best practices in Asset Management as specified in ISO 55001. The participants will learn the essential concepts and processes that are considered most effective in asset management. This training will enable participants to understand the required expertise to support an organization in establishment, implementation, maintenance and improvement of the Asset Management System (AMS) based on ISO 55001:2014. This training also helps understanding how ISO 55001 and ISO 55002 are related.

Who should attend?

  • Members of Asset Management team
  • Asset Managers wanting to gain a comprehensive knowledge of the main processes of an Asset Management System (AMS)
  • Staff involved in the implementation of the ISO 55001 standard
  • Members involved in operations related to an AMS
  • Auditors
  • CxO and Senior Managers responsible for the Asset Management of an enterprise and the management of its risks

Learning objectives

  • To understand the implementation of an Asset Management System in accordance with ISO 55001
  • To understand the relationship between an Asset Management System with the requirements of different stakeholders of the organization
  • To know the concepts, approaches, standards, methods and techniques allowing to effectively manage an Asset Management System
  • To acquire the necessary knowledge to contribute in implementing an Asset Management System (AMS) as specified in ISO 55001

Course Agenda

Day 1: Introduction to Asset Management System (AMS) concepts as required by ISO 55001
  • Introduction to the ISO 55000 family of standards
  • Introduction to management systems and the process approach
  • Fundamental principles of asset management
  • General requirements: presentation of the clauses 4 to 8 of ISO 55001
  • Implementation phases of ISO 55001 framework
  • Continual improvement of Asset Management
  • Conducting an ISO 55001 certification audit
Day 2: Information requirements, documentation, controls, and communication
  • Definition of the information and documentation management process
  • Design of asset management controls and drafting of specific policies & procedures
  • Monitoring, reviewing and continuous improvement
  • Communication plan, training and awareness plan, operations management
  • Certification Exam



Educational approach

  • This training is based on both theory and practice:
    • Sessions of lectures illustrated with examples based on real cases
    • Review exercises to assist the exam preparation
    • Practice test similar to the certification exam

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