"The structure, the practice exams, the instructor — all top tier. Passed first try."
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
Who it's for & what's included
Pick a delivery method to see exactly who it suits and everything you receive.
Classroom
Best for learners who want face-to-face tuition and to network with peers in person.
Everything you get
- ✓ Live instructor on-site
- ✓ Printed workbook & materials
- ✓ Group exercises & case studies
Online Instructor-Led
Best for learners who want a live instructor and a fixed schedule, without the travel.
Everything you get
- ✓ Live instructor via video call
- ✓ Digital workbook & resources
- ✓ Session recordings
Self-Paced
Best for self-motivated learners who need maximum flexibility around work and life.
Everything you get
- ✓ On-demand video lessons
- ✓ Interactive quizzes
- ✓ 24/7 access on any device
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.