ISO & Quality Standards · PPL

ISO 55001 Asset Management System Awareness

Build essential awareness of ISO 55001 asset management principles, asset lifecycle thinking, value creation, risk management, performance monitoring, and continual improvement.

  • 1 DayDuration
  • PPLAccredited
  • 3 LanguagesArabic · English · Hindi
  • ₹1,399.00 Per delegate

This course is accredited by PPL

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— The journey

Course Outline

What the programme covers, module by module.

Module 1: Introduction to Asset Management

  • Asset management concepts
  • Types of organisational assets
  • Asset value
  • Asset lifecycle
  • Asset management responsibilities
  • Benefits of effective asset management

Module 2: Understanding ISO 55001

  • Purpose of ISO 55001
  • Scope and application
  • Key terminology
  • Asset Management System approach
  • Organisational application
  • Asset management principles

Module 3: Organisational Context & Leadership

  • Internal and external issues
  • Interested parties
  • Leadership responsibilities
  • Management commitment
  • Asset management policy
  • Roles and responsibilities

Module 4: Asset Management Planning

  • Asset management objectives
  • Strategic alignment
  • Asset priorities
  • Planning activities
  • Resources
  • Asset management plans

Module 5: Asset Risks & Opportunities

  • Asset-related risks
  • Risk identification
  • Risk assessment
  • Risk prioritisation
  • Opportunities
  • Risk treatment concepts

Module 6: Asset Lifecycle & Operational Management

  • Asset acquisition
  • Asset utilisation
  • Maintenance
  • Asset performance
  • Renewal and replacement
  • Asset disposal

Module 7: Asset Performance Monitoring

  • Asset performance indicators
  • Monitoring and measurement
  • Asset condition
  • Reliability
  • Performance data
  • Identifying performance issues

Module 8: Evaluation & Continual Improvement

  • Performance evaluation
  • Management review awareness
  • Identifying nonconformities
  • Corrective actions
  • Improvement opportunities
  • Continual improvement
— 01.2 · Is it right for you?

Who it's for & what's included

Pick a delivery method to see exactly who it suits and everything you receive.

Who it's for

Classroom

Best for learners who want face-to-face tuition and to network with peers in person.

What's included

Everything you get

  • Live instructor on-site
  • Printed workbook & materials
  • Group exercises & case studies
Who it's for

Online Instructor-Led

Best for learners who want a live instructor and a fixed schedule, without the travel.

What's included

Everything you get

  • Live instructor via video call
  • Digital workbook & resources
  • Session recordings
Who it's for

Self-Paced

Best for self-motivated learners who need maximum flexibility around work and life.

What's included

Everything you get

  • On-demand video lessons
  • Interactive quizzes
  • 24/7 access on any device
— About this course

Course Overview

This awareness course introduces the fundamental concepts of Asset Management Systems based on ISO 55001. Participants will understand organisational context, leadership responsibilities, asset management policy and objectives, lifecycle management, asset-related risks and opportunities, operational controls, performance evaluation, and continual improvement.

— What you will master

Course Objectives

01

Understand the fundamental concepts and purpose of asset management.

02

Recognise the structure and organisational application of ISO 55001.

03

Understand how asset management supports organisational objectives and value creation.

04

Recognise the importance of asset management policies, objectives, and planning.

05

Understand fundamental asset risk and opportunity management principles.

06

Recognise key stages of the asset lifecycle and their management considerations.

07

Understand asset performance monitoring and measurement concepts.

08

Develop awareness of corrective action and continual improvement within an Asset Management System.

— Questions answered

Frequently Asked Questions

Who should attend this course?
This course is suitable for working professionals, asset management personnel, facility teams, engineers, maintenance professionals, operations teams, and managers involved in organisational assets.
Do I need previous asset management experience?
No. This awareness-level course introduces ISO 55001 and fundamental asset management concepts.
What does ISO 55001 focus on?
ISO 55001 provides a structured management system approach for managing assets effectively and supporting organisational objectives and value creation.
Does the course cover the asset lifecycle?
Yes. Participants are introduced to asset acquisition, utilisation, maintenance, performance, renewal, replacement, and disposal.
Does the course cover asset performance improvement?
Yes. The course introduces asset performance monitoring, risk management, corrective actions, management review concepts, and continual improvement.
— Trusted by learners

What our delegates say

★★★★★

"The structure, the practice exams, the instructor — all top tier. Passed first try."

AS
Ranjan PradhanSenior Project Manager
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★ 4.8 / 5 from 12,000+ verified learner reviews on Trustpilot & Google.

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