ISO 55001 Introduction Course Overview

ISO 55001 Introduction Course Overview

The ISO 55001 Introduction course is designed to equip learners with a comprehensive understanding of the Asset Management System (AMS) as outlined by the ISO 55001 standard. This course lays the groundwork for professionals seeking to enhance their organization's asset management practices, ensuring they align with international benchmarks for efficiency, cost savings, and risk management.

Module 1: Introduction to Asset Management System (AMS) concepts as required by ISO 55001

Lessons:
1. Introduction: This lesson provides an overview of the AMS and its importance in optimizing asset lifecycle management.
2. Scope: Participants will learn the boundaries and applicability of an AMS within different organizational contexts, and how it interrelates with other management systems.

By completing this course, learners will gain valuable insights into the Principles of asset management, the Requirements of ISO 55001, and how to apply them in a practical context. This foundational knowledge is crucial for anyone aiming to improve their organization's asset management capabilities and achieve Operational excellence.

CoursePage_session_icon

Successfully delivered 1 sessions for over 1 professionals

Purchase This Course

575

  • Live Training (Duration : 8 Hours)
  • Per Participant
  • Guaranteed-to-Run (GTR)
  • date-img
  • date-img

♱ Excluding VAT/GST

Classroom Training price is on request

You can request classroom training in any city on any date by Requesting More Information

  • Live Training (Duration : 8 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

You can request classroom training in any city on any date by Requesting More Information

Request More Information

Email:  WhatsApp:

Koenig's Unique Offerings

Koenig Solutions is awarded with the prestigious Titanium Partner
Award at the PECB Gala Awards Ceremony 2023 held in Paris.

Course Prerequisites

Certainly! Here are the minimum required prerequisites for successfully undertaking training in the ISO 55001 Introduction course:


  • Basic understanding of asset management principles and terminology
  • Awareness of the general concepts of a management system
  • Familiarity with the fundamental business processes and objectives within an organization
  • Interest in learning about the ISO 55001 standard and its application to asset management systems

Please note that while some familiarity with ISO standards can be beneficial, it is not required to begin this introductory course. The training is designed to accommodate individuals who are new to the concept of asset management systems aligned with ISO 55001.


Target Audience for ISO 55001 Introduction

The ISO 55001 Introduction course equips professionals with fundamental Asset Management System concepts as per ISO 55001 standards.


Target audience for the ISO 55001 Introduction course includes:


  • Asset Managers
  • Operations Managers
  • Maintenance Managers
  • Quality Assurance Professionals
  • Risk Management Personnel
  • Compliance Officers
  • Financial Managers
  • Facility Managers
  • Infrastructure Managers
  • Engineers involved in asset-intensive industries
  • Professionals aiming for a career in asset management
  • Individuals responsible for physical assets performance
  • Consultants seeking to gain comprehensive knowledge of AMS requirements


Learning Objectives - What you will Learn in this ISO 55001 Introduction?

  1. Introduction to Learning Outcomes: The ISO 55001 Introduction course provides foundational knowledge of Asset Management Systems (AMS) principles and the requirements of ISO 55001, equipping students with the understanding necessary to support AMS implementation.

  2. Learning Objectives and Outcomes:

  • Understand the key concepts and benefits of an Asset Management System according to ISO 55001.
  • Gain insight into the terminology and definitions related to AMS as per ISO standards.
  • Learn about the scope and purpose of ISO 55001 and how it applies to different types of assets.
  • Comprehend the context of an organization and the importance of aligning the AMS with the strategic direction of the organization.
  • Recognize the requirements for leadership and commitment in establishing an AMS.
  • Identify the planning requirements for an effective AMS, including risk management and resource allocation.
  • Understand the support and operational aspects of AMS, including competence, awareness, and communication.
  • Learn the performance evaluation mechanisms, including monitoring, measurement, analysis, and evaluation of assets.
  • Understand how to approach continual improvement within the framework of ISO 55001.
  • Prepare to contribute to the implementation, maintenance, or improvement of an Asset Management System within an organization.

Technical Topic Explanation

ISO 55001 standard

ISO 55001 is a standard that provides a framework for setting up and maintaining an asset management system. It helps organizations manage their assets effectively throughout their lifecycle, from acquisition to retirement, ensuring optimization and reduced overall costs. The standard covers everything from implementing, maintaining, and improving physical, financial, or IT assets. For professionals looking to validate their expertise, ISO 55001 training and ISO 55001 certification are available, with courses often detailing associated costs and incorporating insights from ISO 55002, which provides guidelines for applying ISO 55001.

Asset Management System (AMS)

An Asset Management System (AMS) is a systematic approach to developing, operating, maintaining, upgrading, and disposing of assets cost-effectively. Based on standards like ISO 55001, it helps organizations manage their assets comprehensively and sustainably. ISO 55001 certification ensures an organization meets best practices for asset management, potentially reducing costs and risks associated with assets. ISO 55002 provides guidance for applying ISO 55001, enhancing its implementation. The cost of ISO 55001 certification varies, depending on the size and complexity of the organization but is seen as a worthwhile investment in ensuring efficient asset management.

Principles of asset management

Principles of asset management focus on optimizing the lifecycle of assets to maximize value. It involves a strategic approach to managing physical and intangible assets efficiently and sustainably. Adhering to standards like ISO 55001 helps organizations enhance their asset management systems, providing a structured framework that fosters continual improvement and effectiveness. Asset management guided by ISO 55001 helps maintain compliance, reduce risks, and achieve certification, which is acknowledged globally. Understanding and implementing these principles, often through ISO 55001 training and gaining ISO 55001 certification, ensure that assets meet their intended purpose cost-effectively.

Requirements of ISO 55001

ISO 55001 is a standard for asset management systems, guiding organizations on creating a proactive framework to manage assets efficiently throughout their lifecycle. It helps in optimizing performance, managing risks, and reducing costs associated with owning assets. Requirements for ISO 55001 certification involve establishing a clear policy for asset management, aligning your strategy according to the organizational objectives, and demonstrated compliance through appropriate documentation and records. Companies seek ISO 55001 training and potentially ISO 55002 guidance to align with these standards and understand the certification costs involved.

Operational excellence

Operational excellence is a business philosophy aimed at fostering continued improvement towards efficiency and effectiveness in all aspects of operations. It focuses on streamlining processes, maintaining asset reliability, and enhancing overall performance to meet customer expectations continually. Applying standards like ISO 55001 helps organizations manage their assets strategically, increasing value while minimizing risks and costs. Adopting ISO 55001 involves a systematic process for achieving certification, which may entail operational investments but ultimately optimizes resource usage and performance alignment across the company.

Target Audience for ISO 55001 Introduction

The ISO 55001 Introduction course equips professionals with fundamental Asset Management System concepts as per ISO 55001 standards.


Target audience for the ISO 55001 Introduction course includes:


  • Asset Managers
  • Operations Managers
  • Maintenance Managers
  • Quality Assurance Professionals
  • Risk Management Personnel
  • Compliance Officers
  • Financial Managers
  • Facility Managers
  • Infrastructure Managers
  • Engineers involved in asset-intensive industries
  • Professionals aiming for a career in asset management
  • Individuals responsible for physical assets performance
  • Consultants seeking to gain comprehensive knowledge of AMS requirements


Learning Objectives - What you will Learn in this ISO 55001 Introduction?

  1. Introduction to Learning Outcomes: The ISO 55001 Introduction course provides foundational knowledge of Asset Management Systems (AMS) principles and the requirements of ISO 55001, equipping students with the understanding necessary to support AMS implementation.

  2. Learning Objectives and Outcomes:

  • Understand the key concepts and benefits of an Asset Management System according to ISO 55001.
  • Gain insight into the terminology and definitions related to AMS as per ISO standards.
  • Learn about the scope and purpose of ISO 55001 and how it applies to different types of assets.
  • Comprehend the context of an organization and the importance of aligning the AMS with the strategic direction of the organization.
  • Recognize the requirements for leadership and commitment in establishing an AMS.
  • Identify the planning requirements for an effective AMS, including risk management and resource allocation.
  • Understand the support and operational aspects of AMS, including competence, awareness, and communication.
  • Learn the performance evaluation mechanisms, including monitoring, measurement, analysis, and evaluation of assets.
  • Understand how to approach continual improvement within the framework of ISO 55001.
  • Prepare to contribute to the implementation, maintenance, or improvement of an Asset Management System within an organization.