Course Overview

This five-day intensive course enables participants to develop the necessary expertise to support an organization in establishment, implementation, maintenance and improvement of the Asset Management System (AMS) based on ISO 55001:2014. This training is consistent with the project management practices established in ISO 10006 (Quality Management Systems - Guidelines for Quality Management in Projects), and is also fully compatible with ISO 55002 (Guidelines for the implementation of an AMS). This course can be used by any organization, which will determine its assets that will include in the system scope.

Who should attend?

  • Asset managers or consultants wanting to prepare and to support an organization in the implementation of an Asset Management System (AMS)
  • ISO 55001 auditors who wish to fully understand the Asset Management System implementation process
  • Members of asset management team
  • Expert advisors in asset management
  • Technical experts wanting to prepare for an asset management function or for an AMS project management function

Learning objectives

  • To understand the implementation of an Asset Management System in  accordance with ISO 55001
  • To understand the components and the operation of an Asset Management System based on ISO 55001 and its principal processes
  • To understand the goal, content and correlation between ISO 55001 and ISO 55002 as well as with other standards and regulatory frameworks
  • To master the concepts, approaches, standards, methods and techniques for the implementation and effective management of an AMS
  • To understand the relationship between the asset management and the compliance with the requirements of different stakeholders of an organization
  • To acquire necessary expertise to manage a team implementing ISO 55001

Course Agenda

Day 1: Introduction to ISO 55001 and initiation of an AMS
  • Course objective and structure
  • Standard and regulatory framework
  • Asset Management System (AMS)
  • Fundamental principles of Assets Management
  • Initiating the AMS implementation
  • Understanding the organization and clarifying the Assets Management objectives
  • Analysis of the existing management system
Day 2: Plan the implementation of the AMS
  • Leadership and approval of the AMS project
  • AMS scope
  • Policies for asset management
  • Risk assessment
  • Definition of the organizational structure of asset management
Day 3: Deploying the AMS
  • Definition of the Information Management process
  • Definition of the document management process
  • Design of asset management controls and drafting of specific policies & procedures
  • Communication plan
  • Training and awareness plan
  • Operations Management
Day 4: AMS measurement, continuous improvement and preparation for certification audit
  • Monitoring, measurement, analysis and evaluation
  • Internal audit
  • Management review
  • Treatment of problems and non-conformities
  • Continual improvement
  • Preparing for the certification audit
  • Competence and evaluation of implementers
  • Closing the training
Day 5: Certification Exam


ISO 55001 Foundation Certification or a basic knowledge of ISO 55001 or Asset Management is recommended

Educational approach

  • This training is based on both theory and practice
    • Sessions of lectures illustrated with examples based on real cases
    • Practical exercises based on a full case study including role playings and oral presentations
    • Review exercises to assist the exam preparation
    • Practice test similar to the certification exam

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