"The structure, the practice exams, the instructor — all top tier. Passed first try."
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 principles
- Organisational benefits
Module 2: Understanding ISO 55001
- Purpose of ISO 55001
- Scope and application
- Key terminology
- Asset Management System approach
- Value-based asset management
- Organisational application
Module 3: Asset Management System Framework
- Organisational context
- Leadership
- Planning
- Support
- Operations
- Performance and improvement
Module 4: Planning the AMS Implementation
- Implementation objectives
- Current-state assessment
- Implementation scope
- Implementation phases
- Responsibilities
- Implementation roadmap
Module 5: Understanding Organisational Context
- Internal issues
- External issues
- Business environment
- Organisational objectives
- Asset-related considerations
- Context analysis
Module 6: Interested Parties & Requirements
- Identifying interested parties
- Stakeholder expectations
- Customer requirements
- Asset-related requirements
- Organisational priorities
- Monitoring changing requirements
Module 7: Defining the AMS Scope
- Organisational boundaries
- Asset portfolio
- Facilities and locations
- Activities and processes
- System applicability
- Scope documentation
Module 8: Leadership & Commitment
- Leadership responsibilities
- Management commitment
- Strategic alignment
- Resource support
- Accountability
- Asset management culture
Module 9: Developing the Asset Management Policy
- Policy purpose
- Organisational commitments
- Strategic alignment
- Policy approval
- Policy communication
- Policy review
Module 10: Roles, Responsibilities & Authorities
- Governance structure
- Asset management responsibilities
- Process ownership
- Decision authority
- Accountability
- Internal communication
Module 11: Strategic Asset Management Planning
- Strategic Asset Management Plan
- Organisational objectives
- Asset management priorities
- Strategic alignment
- Planning horizons
- Performance expectations
Module 12: Establishing Asset Management Objectives
- Setting objectives
- Measurable targets
- Performance expectations
- Responsibilities
- Resources and timelines
- Monitoring achievement
Module 13: Asset Management Planning
- Asset management plans
- Planning activities
- Asset priorities
- Resource requirements
- Implementation responsibilities
- Plan monitoring
Module 14: Asset Risk Management Framework
- Asset-related risks
- Risk criteria
- Risk ownership
- Risk assessment methodology
- Risk documentation
- Risk review
Module 15: Identifying & Assessing Asset Risks
- Risk identification
- Likelihood
- Consequences
- Existing controls
- Risk prioritisation
- Residual risk
Module 16: Asset Risk Treatment & Opportunities
- Risk treatment strategies
- Control selection
- Treatment plans
- Asset opportunities
- Improvement initiatives
- Treatment monitoring
Module 17: Asset Lifecycle Planning
- Lifecycle stages
- Asset acquisition
- Commissioning
- Utilisation
- Renewal
- Disposal planning
Module 18: Maintenance & Asset Reliability
- Maintenance strategies
- Preventive maintenance
- Corrective maintenance
- Reliability considerations
- Maintenance planning
- Performance monitoring
Module 19: Asset Information Requirements
- Information needs
- Asset registers
- Asset data
- Information standards
- Data ownership
- Information accessibility
Module 20: Asset Information Management
- Data collection
- Data quality
- Information validation
- Documented information
- Information controls
- Record management
Module 21: Resources & Competence
- Resource requirements
- Workforce competence
- Training needs
- Employee awareness
- Technical capabilities
- Competence evaluation
Module 22: Operational Planning & Control
- Operational requirements
- Asset operating criteria
- Process controls
- Maintenance controls
- Operational responsibilities
- Performance monitoring
Module 23: Management of Change
- Organisational changes
- Asset changes
- Process changes
- Technology changes
- Risk reassessment
- Change controls
Module 24: Supplier & Contractor Management
- Supplier requirements
- Contractor selection
- Outsourced activities
- Service expectations
- Performance monitoring
- Managing supplier risks
Module 25: Asset Performance Monitoring
- Asset performance indicators
- Asset condition
- Reliability
- Availability
- Monitoring and measurement
- Performance trends
Module 26: Performance Evaluation
- Performance analysis
- Objective achievement
- Asset management effectiveness
- Data evaluation
- Identifying deviations
- Improvement opportunities
Module 27: Internal Audit
- Internal audit programme
- Audit objectives
- Audit planning
- Evidence collection
- Audit findings
- Audit follow-up
Module 28: Management Review
- Management review inputs
- Asset performance
- Audit results
- Risk information
- Management decisions
- Improvement actions
Module 29: Nonconformity & Corrective Action
- Identifying nonconformities
- Immediate correction
- Root cause analysis
- Corrective action planning
- Effectiveness verification
- Preventing recurrence
Module 30: Continual Improvement of the AMS
- Improvement opportunities
- Lessons learned
- Asset performance enhancement
- Risk reassessment
- System maturity
- Sustaining continual 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 course develops practical capabilities for leading the implementation of an Asset Management System aligned with ISO 55001. Participants will explore organisational context, leadership, strategic asset management planning, lifecycle management, asset risks, information management, operational controls, performance monitoring, internal audits, management reviews, corrective actions, and continual improvement.