ISO 55001 Lead Implementer

ISO 55001 Lead Implementer Course

ISO 55001 Lead Implementer

Why Should You Attend?

Organizations rely on assets to achieve their strategic goals, and the way these assets are managed directly impacts their operational efficiency, financial performance, and long-term sustainability. Poor asset management can result in higher costs, operational inefficiencies, compliance risks, and reduced asset value. As organizations strive to optimize asset performance while managing risks and opportunities, adopting a structured and effective approach to asset management becomes essential.

ISO 55001 provides a framework for organizations to establish, implement, maintain, and improve an asset management system (AMS) that aligns with their strategic objectives. This training course is designed to equip participants with the necessary knowledge and skills to implement an ISO 55001-compliant AMS. By participating in this training, you will gain practical insights into asset life cycle management, risk-based decision-making, and continual improvement strategies.

Upon completing the training course, you will be eligible to take the exam. If you pass the exam, you can apply for the PECB Certified ISO 55001 Lead Implementer credential. This internationally recognized certification validates your professional expertise and practical competence in implementing an AMS based on the requirements of ISO 55001.

Who Should Attend?

  • Managers or consultants involved in asset management 
  • Individuals seeking to master the implementation of an AMS
  • Individuals responsible for maintaining conformity with the ISO 55001 requirements in an organization
  • Members of an AMS implementation team

Learning Objectives

By the end of this training course, you will be able to:

  • Explain the fundamental concepts and principles of an asset management system (AMS) based on ISO 55001
  • Interpret the ISO 55001 requirements for an AMS from the perspective of an implementer
  • Initiate and plan the implementation of an AMS based on ISO 55001, by utilizing PECB’s IMS2 Methodology and other best practices
  • Apply best practices to support the ongoing effectiveness and improvement of the AMS based on ISO 55001
  • Interpret the requirements for an ISO 55001 certification audit 

Educational Approach

This training course offers a comprehensive learning experience through: 

  • In-depth theoretical knowledge and best practices for implementing an AMS based on ISO 55001
  • Interactive discussions between the trainers and participants, fostering engagement through questions and exercises 
  • Quizzes comprising stand-alone and scenario-based questions designed to enhance understanding and prepare you for the certification exam 

Prerequisites

To attend this training course, you should have a fundamental understanding of asset management concepts and principles.


More Details

  • Day 1: Introduction to ISO 55001 and initiation of an AMS implementation

    Day 2: Implementation plan of an AMS

    Day 3: Implementation of an AMS

    Day 4: Performance evaluation, continual improvement, and preparation for the certification audit

    Day 5: Certification exam

The “PECB Certified ISO 55001 Lead Implementer” exam complies with the PECB Examination and Certification Program (ECP) requirements. The exam covers the following competency domains:

Domain 1: Fundamental principles and concepts of an asset management system

Domain 2: Initiation of an AMS implementation

Domain 3: Planning of an AMS implementation based on ISO 55001

Domain 4: Implementation of an AMS based on ISO 55001

Domain 5: Evaluation of the performance of a AMS based on ISO 55001

Domain 6: Continual improvement of an AMS based on ISO 55001

Domain 7: Preparation for an AMS certification audit 

  • You can apply for one of the credentials listed in the following table after successfully passing the exam. You will receive a certificate once you fulfill all the requirements related to the selected credential. 

    The requirements for PECB Implementer Certifications are as follows:

    CredentialExamProfessional experienceAMMS project experienceOther requirements
    PECB Certified ISO 55001 Provisional ImplementerPECB Certified ISO 55001 Lead Implementer Exam or equivalentNoneNoneSigning the PECB Code of Ethics
    PECB Certified ISO 55001 ImplementerPECB Certified ISO 55001 Lead Implementer Exam or equivalentTwo years: One year of work experience in Asset ManagementProject activities: a total of 200 hoursSigning the PECB Code of Ethic
    PECB Certified ISO 55001 Lead ImplementerPECB Certified ISO 55001 Lead Implementer Exam or equivalentFive years: Two years of work experience in Asset ManagementProject activities: a total of 300 hoursSigning the PECB Code of Ethics
    PECB Certified ISO 55001 Senior Lead ImplementerPECB Certified ISO 55001 Lead Implementer Exam or equivalentTen years: Seven years of work experience in Asset ManagementProject activities: a total of 1,000 hoursSigning the PECB Code of Ethics

    Note: PECB Certified individuals who hold both the ISO 55001 Lead Implementer and Lead Auditor credentials are eligible to apply for the PECB Master Credential, provided they have completed four additional Foundation Exams, have 15 years of professional experience (including 10 years in asset management), and have completed 700 hours of audit activities and 700 hours of project activities.  

    To be considered valid, AMS project experience should include activities such as:

    1. Drafting an AMS implementation business case 
    2. Managing an AMS implementation project
    3. Implementing an AMS
    4. Managing documented information related to the AMS
    5. Monitoring the AMS performance
    6. Continually improving an AMS