Course information

ISO 55001 Lead Implementer Training Course Outline

Module 1: Introduction to ISO 55001

  • Introduction
  • Scope
  • Terms and Definitions

Module 2: Asset Management System

  • What is an Asset Management System?
  • Importance of Asset Management
  • How Does Asset Management Work?
  • Why Use an Asset Management System?
  • Developing a Strategic Asset Management Plan
  • Benefits of Asset Management

Module 3: Types of Asset Management

  • Financial Asset Management
  • Enterprise Asset Management
  • Infrastructure Asset Management
  • IT Asset Management
  • Digital Asset Management
  • Software Asset Management

Module 4: Context of the Organisation

  • Understanding the Organisation and its Context
  • Understanding the Needs and Expectations of Stakeholders
  • Determining the Scope of the Asset Management System
  • Asset Management System

Module 5: Leadership

  • Leadership and Commitment
  • Policy
  • Organisational Roles, Responsibilities, and Authorities

Module 6: Asset Lifecycle

  • Introduction
  • Planning
  • Acquisition
  • Operation and Maintenance
  • Disposal

Module 7: Asset Management Terminology

  • Asset
  • Asset Usage
  • Asset Reuse
  • Robust Asset
  • Reusable Asset
  • Ad-Hoc Reuse
  • Engineered Reuse

Module 8: Internal Audit

  • Introduction
  • Internal Auditor
  • Internal Audit Process
  • Types of Internal Audit
  • Internal Audit Functions
  • Internal Auditor Vs External Auditor

Module 9: Audit Planning

  • Planning Process
  • Audit Universe
  • Risk Assessment Methodology
  • Strategic Audit Plan
  • Annual Audit Plan
  • Execution
  • Audit Engagement
  • Audit Objectives and Scope
  • Audit Program and Working Papers
  • Assessment, Evidence, and Supervision
  • Closing Meeting
  • Reporting

Module 10: Asset Auditing

  • What is Assets Auditing?
  • Objective of Asset Auditing
  • How to Perform an Asset Audit?
  • Benefits of Asset Auditing
  • Case Study

Module 11: Planning

  • Actions to Address Risks and Opportunities for the Asset Management System
  • Asset Management Objectives and Planning to Achieve Them

Module 12: Support

  • Resources
  • Competence
  • Awareness
  • Communication
  • Information Requirements
  • Documented Information

Module 13: Operation

  • Operational Planning and Control
  • Management of Change
  • Outsourcing

Module 14: Implementation of an AMS

  • Strategies for Implementation
  • Approaches to Implementing an Asset Management Program
  • Steps to Implementing an Asset Management Program
  • Communication in Asset Management
  • Economic Analysis in Asset Management
  • Risk Assessment and Asset Management
  • Role of Preservation in Asset Management
  • Case Study

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Who should attend this ISO 55001 Lead Implementer Training Course? 

The ISO 55001 Lead Implementer Training Course is designed to equip participants with the expertise to guide an organisation in establishing, implementing, managing, and maintaining an Asset Management System as per the ISO 55001 Standard. Here are the individuals who would significantly benefit from attending the ISO 55001 Lead Implementer Training Course:

  • Asset Managers
  • Operational Managers
  • Quality Managers
  • Consultants
  • Project Managers
  • Maintenance Managers
  • Risk Managers
  • Professionals transitioning from other standards

Prerequisites of the ISO 55001 Lead Implementer Training Course

There are no formal prerequisites for attending this ISO 55001 Lead Implementer Training Course.

ISO 55001 Lead Implementer Training Course Overview

ISO 55001 is an international standard for an asset management system that aids businesses in efficiently managing their assets to maximise their lifetime value. It provides a framework to establish, maintain, implement, and enhance efficient control and governance of assets to realise value through managing risk and opportunity. Our industry experts have curated this training to assist organisations in successfully implementing the Asset Management Systems (AMS) framework to achieve the desired balance of cost, risk, and performance of the assets. This training course will help individuals manage their organisation's assets while saving on costs and improving employee efficiency and accountability. Holding skills to implement the AMS framework successfully will open doors for individuals to grab highly paid job roles in reputed enterprises.

This 3-day ISO 55001 Lead Implementer training course will provide delegates with the best practises of asset management systems and effectively improve an organisation’s asset management. During this training, delegates will learn the principles and practises of effective management of an AMS. They will also acquire the skills to maintain, establish, implement, and manage an asset management system. Our highly professional trainer with years of experience in teaching such courses will conduct this training course and help delegates acquire the professional capabilities to implement ISO 55001 in an organisation.

Course Objectives:

  • To understand how to plan, implement, monitor, and maintain an AMS
  • To acquire knowledge of implementation principles
  • To interpret the ISO 55001 requirements in the context of an organisation
  • To learn approaches, methods, and techniques for the implementation of an AMS
  • To understand the operations of an asset management system

At the end of this training, delegates will be able to plan, implement, manage, monitor, and maintain an asset management system. They will also be able to improve an organisation’s asset management by using their assets to their maximum potential.

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What’s included in this ISO 55001 Lead Implementer Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • ISO 55001 Lead Implementer Training Certificate
  • Digital Delegate Pack

ISO 55001 Lead Implementer Exam Information

To achieve the ISO 55001 Lead Implementer Training, candidates will need to sit for an examination. The exam format is as follows: 

  • Question Type: Multiple Choice 
  • Total Questions: 30 
  • Total Marks: 30 Marks 
  • Pass Mark: 50%, or 15/30 Marks 
  • Duration: 40 Minutes
  • Open Book/ Closed Book: Closed Book

Why choose us

Our Ottawa venue

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Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Ottawa is the capital city of Canada. It is located on the bank of the Ottawa River in the east of Southern Ontario province. It has an estimated population of 885,000 people. Ottawa is the fourth largest city in the world. The name of this city comes from the Algonquin word Odawa which means “to trade”. Education in Canada is mostly free and publicly funded. It is overseen by the federal, provincial and local governments, with the education within provincial jurisdiction and the curriculum overseen by the province. Education is compulsory in most provinces up to the age of 16. Parents can choose between sending their children to one of the public schools or they can sent them to a fee paying private school. Those who live in Ottawa and find that picking a secondary school is a fraught decision involving school zones and ratings. There are four main public school boards in Ottawa. One is English, one is English-Catholic, and one is French and another is French-Catholic. The Ottawa-Carleton District School Board which is the largest with 147 schools to oversee. The catholic school board has 85 schools, the Conseil des écoles catholiques du Centre-Est has 49 schools and the Conseil des écoles publiques de l'Est de l'Ontario has 37 schools. Canada’s higher has a very good reputation. However there is no formal ranking system and students will often choose colleges and universities bases on geographic convenience and the reputation of a particular course. Ottawa is one of the best educates cities in Canada as it is believed that over half of the population have graduated from college or university. Ottawa has the highest per capita concentration of engineers, scientists, and residents with PhDs in Canada. The University of Ottawa was founded in 1848 and was the first higher education institute to be established in the city.  The university is a bilingual public university. The University of Ottawa is ranked in the top 300 universities in the world, coming in at number 284 and is a top 15 university in Canada.  The university has faculties in the following areas: arts, civil law, common law, education, engineering, post graduate studies, health sciences, medicine, science, social sciences and the school of management. Ottawa also has two main public colleges Algonquin College and La Cité collégiale. There are also 2 catholic universities in the city; Dominican University College and Saint Paul University.

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Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led ISO 55001 Lead Implementer Training | ISO 55001 Training in Ottawa. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's ISO 55001 Lead Implementer Training | ISO 55001 Training in Ottawa, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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ISO 55001 Lead Implementer Training | ISO 55001 Training in Ottawa FAQs

The ISO 55001 Lead Implementer Training focuses on teaching delegates how to establish, implement, manage, and maintain an asset management system. It provides detailed guidance on aligning asset management with business strategies and achieving ISO 55001 certification.
An asset management system is a framework that enables organisations to manage assets throughout their lifecycle, optimising performance and minimising risks. It ensures that assets provide value and support organisational objectives through structured planning and monitoring.
Managing assets is critical for organisations to maintain operational efficiency, reduce risks, and maximise return on investment. Effective asset management helps organisations ensure reliability, minimise costs, and align asset-related decisions with business goals.
There are no strict prerequisites for attending the ISO 55001 Lead Implementer Training. However, some knowledge of ISO standards and asset management practices is beneficial for understanding the course content more effectively.
This course is ideal for Asset Managers, Consultants, Risk Managers, and professionals responsible for implementing or overseeing asset management systems in their organisations. It is also beneficial for individuals seeking to lead ISO 55001 certification efforts.
The course equips delegates with the skills to effectively implement and manage an ISO 55001-compliant asset management system, improving operational efficiency, reducing costs, and minimising risks. It also helps organisations align asset management with strategic objectives.
Delegates will learn how to design, implement, and manage an asset management system, assess compliance with ISO 55001 standards, and prepare for certification audits. The course covers risk management, asset lifecycle planning, and continuous improvement techniques.
No prior qualifications are required to attend this course. However, having a background in asset management or familiarity with ISO standards can be advantageous for understanding the course content.
Upon completing the training, delegates can pursue roles such as Asset Management Consultant, ISO 55001 Lead Implementer, Risk Manager, or Operations Manager. It is a valuable certification for professionals aiming to manage assets and improve business outcomes.
The duration of this intensive ISO 55001 Lead Implementer Training Course spans three days. It comprehensively covers all key aspects of asset management and ISO 55001 standards.
Yes, 24/7 support is available to ensure that delegates receive assistance at any time during their learning journey. Whether you need technical support or have queries regarding course content, our dedicated support team is here to help you through email or phone.
The training includes comprehensive study materials, case studies, interactive sessions, and assessments. Delegates also receive practical guidance on implementing asset management systems and preparing for the ISO 55001 Certification.
Yes, self-paced training options are available for this ISO 55001 Lead Implementer Course, allowing delegates to complete the course at their own pace. This is ideal for individuals with busy schedules who prefer flexible learning.
Yes, corporate training is available for organisations looking to train their teams in ISO 55001 implementation and asset management. This option is tailored to suit the specific needs of the business.
If you are unable to access your ISO 55001 Lead Implementer Training Course, you should contact The Knowledge Academy’s customer support team. They can help troubleshoot technical issues and provide alternative access to the course materials.
The ISO 55001 Lead Implementer Training is designed for professionals at various levels, from beginners to those with experience in asset management. The course content is structured to be accessible yet comprehensive.
Yes, delegates will receive a certification upon successfully completing the ISO 55001 Lead Implementer Training. The certification demonstrates their ability to implement and manage ISO 55001-compliant asset management systems.
The Knowledge Academy in Ottawa offers globally recognised courses, expert trainers, flexible learning formats (online, in-person, and self-paced), and 24/7 support. This ISO 55001 Lead Implementer Course provides a comprehensive learning experience, preparing you for practical application in your career.
The training fees for ISO 55001 Lead Implementer Trainingin Ottawa starts from CAD3895
The Knowledge Academy is the Leading global training provider for ISO 55001 Lead Implementer Training.
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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

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