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What is ISO 55001?

ISO 55001 is an asset management system standard, the main objective of which is to help organizations manage the lifecycle of assets more effectively. By implementing ISO 55001 organizations will have better control over daily activities, achieve higher return with their assets, and reduce the total cost of risk. This standard can be applied to all organizational structures of companies, and to all types of assets. The concrete outcomes consist of a growth in effectiveness accompanied by a dramatic drop in unit cost. This framework also supports continual improvement of performance and offers improvements for an organization of any industry, type or size.

Why Asset Management is important for you?

ISO 55001 will guide you toward significant asset management improvements by enabling you to meet the stakeholder, business and legal requirements. It is the company’s most potent defense for saving money and time. By managing the assets properly, you will be able to use your available assets wisely and get more out of their utilization while delivering added value to the business. It is designed to support you in the proper handling of processes and risks, which will lead to the improvement of current and future company performance. Moreover, the implementation of an Asset Management System that complies with ISO 55001 enables the organization to align its objectives with asset management system objectives which leads the organization towards achieving its intended outcomes. Moreover, ISO 55001 aligns the organization’s objectives with asset management objectives since the purpose of asset management is achieving organizational objectives.

What Is ISO 55001 Certification?

Being ISO 55001 certified means that you are capable of helping your organization in developing an active approach to lifecycle asset management. With ISO 55001 certification you demonstrate your skills in being able to support your organizational growth by:
  • managing assets effectively;
  • mitigating and managing risk, and
  • improving the financial performance of your organization. In today's world of complex and ever-changing financial marketplaces, ISO 55001 certification is crucial in proving the ability to run a more streamlined operation and a good corporate reputation. Moreover, this certification helps you as an individual to differentiate yourself from other professionals involved in Assets Management.

    • Benefits of ISO 55001 Asset Management

    PECB ISO 50001 Certified individuals will have the opportunity to gain many benefits, but not limited to:
  • Development of viable and predictable cash flows
  • Ability to manage asset’s lifecycle
  • Ability to ensure that assets fulfill their necessary function
  • Support improvement and business growth
  • Support an organization during the process of establishing, implementing, maintaining and improving an Asset Management System
  • Increase profitability
  • Managing risk related to asset ownership
  • Enhance brand reputation

    • PECB Certified ISO 55001 Training courses available

    Learn more about Asset Management through the PECB ISO 55001 training courses. Contact us today to learn how this standard can lead you towards successful project implementation with regard to asset management. Check below to find the training that suits you best.


    ISO 55001 Introduction
    Introduction to Asset Management Systems (AMS) based on ISO 55001. This training course will provide you with information on the basic concepts that characterize an Asset Management System. Moreover you will apprehend the importance and the benefits that organizations can obtain. Learning objectives:
    • Understand the concepts, approaches, methods, and techniques used to implement an Asset Management System
    • Understand the basic elements of an Asset Management System (AMS)
     





    ISO 55001 Lead Implementer
    Master the implementation and management of Asset Management Systems (AMS) based on ISO 55001. This course will help you master the implementation and management of Asset Management Systems (AMS) based on ISO 55001. Moreover, this training will help you gain the necessary expertise to support an organization in maintaining, managing as well as establishing an Asset Management System that is based on ISO 55001. By obtaining the PECB ISO 55001 Lead Implementer certificate, you will be able to demonstrate that you are ready to implement ISO 55001 in an organization. Learning objectives:
    • Learn how to support an organization to effectively plan, implement, manage, monitor and maintain an AMS
    • Acknowledge the correlation between ISO 55001 and other standards and regulatory frameworks
    • Learn how to interpret the ISO 55001 requirements in the specific context of an organization
    • Master the concepts, approaches, standards, methods and techniques for the implementation and effective management of an AMS
    • Acquire the expertise to advise an organization in implementing Asset Management System best practices
     
     




    ISO 55001 Foundation
    Become acquainted with the best practices of Asset Management Systems (AMS) based on ISO 55001. The ISO 55001 Foundation training will provide you with basic information on how an Asset Management System (AMS) operates as specified in ISO 55001. Moreover, you will understand the Asset Management Systems policy, procedures, performance measurements, management commitment, internal audit, management review and continual improvement. Learning objectives:
    • Understand the elements and operations of an Asset Management System and its principal processes
    • Acknowledge the correlation between ISO 55001 and other standards and regulatory frameworks
    • Understand the approaches, methods and techniques used for the implementation and management of an AMS

    ISO 55001 Lead Auditor
    Master the Audit of Asset Management Systems (AMS) based on ISO 55001. By attending this course, you will be able to master the ability of Auditing Asset Management Systems (AMS) based on ISO 55001. Moreover, this course will help you gain the needed expertise to conduct an Asset Management System audit by using the most updated audit procedures, techniques as well as principles. You will also be able to obtain the necessary skills for planning and carrying out internal and external audits that are in line with ISO 19011:2018 and ISO/IEC 17021-1. Learning objectives:
    • Understand the operation of an Asset Management System based on ISO 55001 and its principal processes
    • Understand the goal, content and correlation between ISO 55001, ISO 55002 and other standards and regulatory frameworks
    • Understand an auditor’s role in planning, leading and following-up on a management system audit in accordance with ISO 19011
    • Interpret the requirements of ISO 55001 in the context of an AMS audit
    • Acquire the competencies to plan an audit, lead an audit, draft reports, and follow up on an audit in compliance with ISO 19011
    • Strengthen personal skills necessary for an auditor to act with due professional care during an audit


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