Developing & Implementing ISO 55000 in Your Organization
Mastering Asset Management through ISO 55000 for Organizational Excellence
Course Schedule
| Date | Venue | Fees (Face-to-Face) | Fees (Online) |
|---|---|---|---|
| 07 – 11 Jul 2025 | London, UK | USD 3,495 per delegate | USD 1,500 per delegate |
Course Introduction
ISO 55000 provides a structured approach for organizations to manage their assets, ensuring that they meet business objectives, minimize risks, and maximize value. This intensive training course will guide participants through the process of developing and implementing ISO 55000, focusing on asset management systems that enhance efficiency and performance. The course includes practical workshops and case studies, providing actionable strategies for integrating ISO 55000 standards into your organization’s asset management practices.
By the end of this training, you will be equipped with the knowledge to establish an asset management system that aligns with ISO 55000, ensuring long-term value for your organization while optimizing the lifecycle of assets across departments.
Course Objectives
By the end of this course, participants will be able to:
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Understand the principles and requirements of ISO 55000 for asset management
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Develop and implement an ISO 55000-based asset management system tailored to their organization
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Identify key asset management processes and integrate them into daily operations
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Improve asset performance through better risk management and value optimization
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Conduct audits and reviews of asset management systems for continual improvement
Why you Should Attend
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Gain hands-on experience in implementing ISO 55000 in asset management
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Learn how to improve asset efficiency and achieve long-term sustainability
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Understand how ISO 55000 standards help in minimizing risks and reducing costs
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Gain insight into the requirements for ISO 55000 certification
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Improve your organization’s ability to meet business objectives through effective asset management
Intended Audience
This program is designed for:
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Asset managers, engineers, and technical professionals responsible for asset management
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Senior managers and executives involved in strategic planning and asset optimization
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Quality managers overseeing the implementation of international standards
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Consultants and auditors specializing in asset management systems
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Individuals seeking to become ISO 55000-certified auditors or consultants
Individual Benefits
Key competencies that will be developed include:
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Enhanced knowledge of ISO 55000 and its application to asset management
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Skills to lead and implement ISO 55000 standards in your organization
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Ability to assess asset performance and identify areas for improvement
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Competency in managing risks and optimizing the lifecycle of assets
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Confidence in conducting asset management audits and reviews
Organization Benefits
Upon completing the training course, participants will demonstrate:
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Capability to establish and manage an ISO 55000-based asset management system
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Improved efficiency in asset operations and decision-making
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Enhanced risk management and value optimization throughout the asset lifecycle
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Ability to achieve ISO 55000 certification for the organization
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Strengthened asset management practices, contributing to business sustainability
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
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Strategy Briefings – Introduction to ISO 55000 standards and principles of asset management
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Case Studies – Real-world examples of successful ISO 55000 implementations in organizations
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Workshops – Hands-on exercises for developing and implementing asset management systems
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Peer Exchange – Group discussions on asset management challenges and best practices
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Tools – Templates and frameworks for conducting asset management reviews, audits, and performance evaluations
Course Outline
Detailed 5-Day Course Outline
Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3–4 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: Introduction to ISO 55000 and Asset Management Principles
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Module 1: Overview of ISO 55000 (07:30 – 09:30)
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Understanding the principles and requirements of ISO 55000
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The role of asset management in business performance and sustainability
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Key components of an asset management system (AMS)
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Module 2: The Asset Management Lifecycle (09:45 – 11:15)
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Understanding the full lifecycle of assets
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Best practices for managing assets from acquisition to disposal
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How to align asset management with business objectives
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Module 3: Introduction to ISO 55001 and ISO 55002 Standards (11:30 – 01:00)
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The relationship between ISO 55000, ISO 55001, and ISO 55002
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Key differences between ISO 55000 and other asset management standards
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How to align ISO 55001 and ISO 55002 with organizational goals
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Day 2: Developing and Implementing an Asset Management System
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Module 4: Creating an Asset Management Strategy (07:30 – 09:30)
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Steps to develop an effective asset management strategy
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Aligning asset management with business objectives and risk management
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Key considerations for implementing an asset management system
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Module 5: Integrating ISO 55000 into Daily Operations (09:45 – 11:15)
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Integrating asset management processes into organizational operations
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Tools and techniques for optimizing asset management performance
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Setting key performance indicators (KPIs) for asset management
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Module 6: Workshop: Asset Management Plan Development (11:30 – 01:00)
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Practical session to develop an asset management plan based on ISO 55000
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Group discussions and feedback on asset management plans
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Day 3: Risk Management and Performance Optimization
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Module 7: Asset Risk Management (07:30 – 09:30)
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Understanding risk in asset management
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Techniques for identifying, assessing, and managing asset risks
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Integrating risk management into the asset management system
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Module 8: Performance Evaluation and Continuous Improvement (09:45 – 11:15)
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How to evaluate the performance of your asset management system
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Techniques for continual improvement and corrective actions
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Managing asset performance for optimal value delivery
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Module 9: Case Study: Successful Asset Management Implementation (11:30 – 01:00)
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Analyzing a real-world example of successful ISO 55000 implementation
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Lessons learned from the case study
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Identifying critical success factors for asset management
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Day 4: Audit and Certification of Asset Management Systems
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Module 10: Conducting ISO 55000 Audits (07:30 – 09:30)
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Introduction to asset management audits and ISO 55000 certification requirements
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How to conduct internal audits and assessments of asset management systems
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The role of third-party audits in achieving ISO 55000 certification
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Module 11: Certification Process and Documentation (09:45 – 11:15)
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The steps involved in obtaining ISO 55000 certification
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Documenting asset management processes for certification
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Preparing for a third-party audit
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Module 12: Workshop: Internal Audit and Documentation (11:30 – 01:00)
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Hands-on session to conduct an internal audit of an asset management system
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Documenting key processes and preparing for certification
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Day 5: Final Assessment and Certification
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Module 13: Review and Q&A (07:30 – 09:30)
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Recap of key concepts and strategies covered during the course
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Open session for participant questions and discussion
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Module 14: Final Group Exercise: Asset Management Strategy Implementation (09:45 – 11:15)
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Group activity to create an implementation plan for ISO 55000 in an organization
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Peer review and feedback on implementation strategies
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Module 15: Certification and Closing Remarks (11:30 – 01:00)
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Distribution of certificates of completion
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Final remarks and next steps for applying asset management systems
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Certification
Participants will receive a Certificate of Completion in Asset Management ISO 55000, validating their ability to develop, implement, and audit ISO 55000-based asset management systems, ensuring organizational efficiency and risk optimization.