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ISO 55001 Internal Auditor Training Overview
ISO 55001 Internal Auditor Training Course Outline
Module 1: Introduction to ISO 55001
- Introduction
- Scope
- Normative Reference
- Terms and Definitions
Module 2: Asset Management System (AMS)
- What is 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 Organization
- Understanding the Organization 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
- Organizational 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 (IA)
- 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
Who should attend this ISO 55001 Internal Auditor Training Course?
This ISO 55001 Internal Auditor Training Course is ideal for individuals responsible for managing assets, overseeing asset management systems, or seeking to enhance their auditing skills within organizations aiming for ISO 55001 certification or maintaining their compliance. This course can be beneficial for a wide range professional, including:
- Asset Managers
- Existing Internal Auditors
- Operational Managers
- Maintenance Managers
- Quality Assurance Professionals
- Management Representatives
- Consultants
- Project Managers
Prerequisites of the ISO 55001 Internal Auditor Training Course
There are no formal prerequisites for attending this ISO 55001 Internal Auditor Training Course.
ISO 55001 Internal Auditor Training Course Overview
This course on ISO 55001, the international standard for Asset Management Systems, explains everything you need to know completely. Through this program internal auditors would be armed with the right knowledge and skills required to support their organizations in achieving ISO 55001 certification by emphasizing the significance of the framework as a tool for optimized asset lifecycle management.
The mastery of ISO 55001 is critical because assets are managed efficiently, risks are minimized, and value is derived throughout their lifecycle. The training will most likely be of great help and will be ideal for the asset managers, operational managers, and the quality assurance service providers in institutions as far as asset management practices are concerned.
The 2-day training aims to give participants hands-on practical experience through different activities and case studies. With the help of these, delegates will learn how to carry out ISO 55001 compliant internal audits successfully. This will help them to be able to create gainful opportunities, check their unit against the standard, and work for better results which will lead to better performance of organization’s asset management system.
Course Objectives
- To provide an understanding of the ISO 55001 standard and its application
- To equip delegates with the skills necessary to plan and conduct internal audits effectively
- To enable delegates to identify non-conformities and areas for improvement in asset management systems
- To teach the reporting and follow-up processes of an audit
- To enhance participants' knowledge on how to advise their organizations towards ISO 55001 certification
- To foster a continuous improvement culture within the organization’s asset management practices
After completing the course, the participants will be awarded a completion certificate, fixating their authority to do the internal testing against ISO 55001 norms. This certification assures of the applicants' expertise in the asset management system audit which paves the way for their ascent to management and leadership positions in the organization that concerned.
What’s included in this ISO 55001 Internal Auditor Training Course?
- ISO 55001 Internal Auditor Examination
- World-Class Training Sessions from Experienced Instructors
- ISO 55001 Internal Auditor Certificate
- Digital Delegate Pack
ISO 55001 Internal Auditor Exam Information
To achieve the ISO 55001 Lead Auditor 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
Why choose us
Ways to take this course
Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led ISO 55001 Internal Auditor Training. 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.
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Join a scheduled class with a live instructor and other delegates.
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Engage in activities, and communicate with your trainer and peers.
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We handpick from a global pool of expert trainers for our Online Instructor-led courses.
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With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.
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Unlock your potential with The Knowledge Academy's ISO 55001 Internal Auditor Training, 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.
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ISO 55001 Internal Auditor Training FAQs
ISO 55001 is an international standard for Asset Management Systems. It provides a framework to manage the lifecycle of assets efficiently, ensuring optimal performance, risk management, and return on investment. This standard is highly valued across various industries that rely on effective asset management.
An Asset Management System is a set of processes and strategies that help organisations manage their assets effectively. It involves planning, acquiring, maintaining, and disposing of assets to achieve the organisation's objectives while minimising costs and risks.
A well-designed Asset Management System ensures that an organisation’s assets are utilised efficiently, contributing to overall performance and profitability. It helps reduce costs, extend asset life, mitigate risks, and improve decision-making through reliable data and processes.
There are no formal prerequisites for attending the ISO 55001 Internal Auditor Training, although having a basic understanding of asset management or management systems can be helpful. The course is designed to accommodate individuals from various backgrounds.
This course is ideal for individuals involved in Asset Management, Internal Auditors, Quality Managers, and professionals who want to improve their auditing skills. It is also suitable for those seeking to understand and implement the ISO 55001 standard in their organisation.
To be an effective Internal Auditor, you need analytical skills, attention to detail, good communication, and knowledge of relevant standards. Critical thinking and problem-solving abilities are also essential to identify gaps and recommend improvements during audits.
In this course, you will learn how to conduct Internal Audits of an Asset Management System based on ISO 55001. You’ll gain practical skills in planning, conducting, and reporting audits, as well as an understanding of asset management principles and compliance requirements.
Yes, this course is designed to accommodate professionals at various career stages. Whether you're just starting in asset management or looking to enhance your auditing skills, the course offers valuable knowledge and practical tools that can be applied immediately.
Yes, The Knowledge Academy offers self-paced training to provide you with flexibility in your learning. You can access the course materials online and complete the training at your own pace, fitting around your schedule.
Yes, we provide 24/7 support for this course. Our dedicated support team is available around the clock to assist you with any queries or technical issues you may encounter during your training.
The duration of this ISO 55001 Internal Auditor Course is 2 days.
With an ISO 55001 Internal Auditor Certification, you can pursue roles such as internal auditor, asset management specialist, quality assurance manager, or compliance officer. This certification opens doors to opportunities in asset-intensive industries like utilities, transportation, and manufacturing.
Yes, we offer customised corporate training solutions for ISO 55001 Internal Auditor. Our corporate training is tailored to meet the specific needs of organisations, ensuring teams gain the skills necessary to effectively manage and audit assets.
The ISO 55001 Internal Auditor Course is designed to be accessible for professionals with varying levels of experience. Whether you're new to asset management or have prior auditing experience, the course content is delivered in a clear and manageable way.
If you encounter any issues accessing the course, you can reach out to our support team via email, phone, or live chat. Our team is ready to assist you promptly with any technical difficulties or questions.
Yes, upon successful completion of the course, you will receive an internationally recognised certificate. This certification demonstrates your competence in conducting internal audits based on the ISO 55001 standard.
No prior experience is required to attend the ISO 55001 Internal Auditor Course. The course covers all the fundamentals, making it suitable for both beginners and experienced professionals looking to enhance their auditing skills.
This course includes comprehensive study materials, practical audit exercises, real-world case studies, and expert-led instruction. You’ll also receive access to online resources and support to help you succeed in mastering the ISO 55001 auditing process.
The Knowledge Academy stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this Certification.
The training fees for ISO 55001 Internal Auditor Trainingin the United States starts from $2295
The Knowledge Academy is the Leading global training provider for ISO 55001 Internal Auditor Training.
Please see our ISO 55001 Training courses available in the United States
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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"
Joshua Davies, Thames Water
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