ISO & Quality Standards · PPL

ISO 55001 Asset Management System Foundation

Develop foundational knowledge of ISO 55001 covering asset management systems, lifecycle management, strategic planning, asset risks, operational controls, performance evaluation, and continual improvement.

  • 2 DaysDuration
  • PPLAccredited
  • 3 LanguagesArabic · English · Hindi
  • ₹2,999.00 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: Fundamentals of Asset Management

  • Asset management concepts
  • Types of assets
  • Asset value
  • Asset lifecycle
  • Asset management principles
  • Organisational benefits

Module 2: Introduction to ISO 55001

  • Purpose of ISO 55001
  • Scope and application
  • Key terminology
  • Asset Management System approach
  • Organisational application
  • Value-based asset management

Module 3: Asset Management System Framework

  • Organisational context
  • Leadership
  • Planning
  • Support
  • Operations
  • Performance and improvement

Module 4: Organisational Context

  • Internal issues
  • External issues
  • Business environment
  • Organisational objectives
  • Asset-related considerations
  • Context analysis

Module 5: Interested Parties & Asset Requirements

  • Identifying interested parties
  • Stakeholder expectations
  • Customer requirements
  • Asset-related requirements
  • Organisational priorities
  • Monitoring changing needs

Module 6: Leadership & Asset Management Policy

  • Leadership responsibilities
  • Management commitment
  • Asset management policy
  • Roles and responsibilities
  • Accountability
  • Asset management culture

Module 7: Strategic Asset Management Planning

  • Strategic alignment
  • Asset management objectives
  • Strategic Asset Management Plan
  • Asset priorities
  • Planning considerations
  • Performance expectations

Module 8: Asset Risks & Opportunities

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

Module 9: Asset Management Objectives & Plans

  • Establishing objectives
  • Measurable targets
  • Asset management plans
  • Responsibilities
  • Resources and timelines
  • Monitoring achievement

Module 10: Asset Lifecycle Management

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

Module 11: Asset Information Management

  • Asset information requirements
  • Asset registers
  • Asset data
  • Information quality
  • Documented information
  • Information control

Module 12: Operational Planning & Control

  • Operational requirements
  • Asset operating criteria
  • Process controls
  • Maintenance activities
  • Change management
  • Operational monitoring

Module 13: Resources, Competence & Awareness

  • Resource requirements
  • Competence needs
  • Training
  • Employee awareness
  • Responsibility allocation
  • Capability development

Module 14: Asset Performance Monitoring

  • Asset performance indicators
  • Asset condition
  • Reliability
  • Availability
  • Monitoring and measurement
  • Performance trends

Module 15: Performance Evaluation

  • Performance measurement
  • Data analysis
  • Internal audit concepts
  • Management review
  • Evaluating objectives
  • Improvement opportunities

Module 16: Corrective Action & Continual Improvement

  • Identifying nonconformities
  • Root cause analysis
  • Corrective actions
  • Effectiveness review
  • Asset performance improvement
  • Continual system 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 foundation course provides a structured understanding of Asset Management Systems based on ISO 55001. Participants will explore organisational context, leadership, asset management policy and objectives, strategic asset planning, lifecycle management, risks and opportunities, operational controls, asset information, performance monitoring, corrective actions, and continual improvement.

— What you will master

Course Objectives

01

Understand the fundamental concepts and structure of ISO 55001.

02

Explain how asset management supports organisational objectives and value creation.

03

Understand organisational context, leadership, and asset management policy requirements.

04

Recognise the purpose of strategic asset management planning and asset management objectives.

05

Understand asset-related risks, opportunities, and lifecycle management principles.

06

Recognise asset information, operational control, resource, and competence requirements.

07

Understand asset performance monitoring, internal audit, and management review concepts.

08

Support corrective actions and continual improvement of asset performance and the Asset Management System.

— Questions answered

Frequently Asked Questions

Who should attend this course?
This course is suitable for asset management professionals, facility teams, engineers, maintenance personnel, operations professionals, infrastructure teams, and managers responsible for organisational assets.
Do I need previous knowledge of ISO 55001?
No. This foundation-level course begins with fundamental asset management and management system concepts.
What is strategic asset management planning?
It involves aligning asset management activities, priorities, resources, and objectives with the organisation's broader strategic direction.
Does the course cover the complete asset lifecycle?
Yes. Participants explore asset acquisition, commissioning, utilisation, maintenance, renewal, replacement, and disposal.
Does the course cover asset performance?
Yes. Participants learn about asset condition, reliability, availability, performance indicators, monitoring, measurement, and continual improvement.
— Trusted by learners

What our delegates say

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