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Asset, Facility & Supply Chain

ISO 55001:2024 Asset Management – Lead Implementer

Lead ImplementerASM-0340 hours

Overview

A programme for those responsible for designing, implementing and maintaining a management system based on ISO 55001:2024. It walks through context, leadership, risk-based planning, documentation, operation, performance evaluation and improvement, ready for certification.

The standard

About the standard

ISO 55001:2024

Asset Management System

Specifies what an organization must do to build, operate, sustain and keep enhancing a management system covering whichever assets it chooses to bring into scope. Any type of organization can adopt it, deciding for itself which asset classes the system applies to. The 2024 edition sharpens the original requirements around decision-making, value realization, strategic planning, risk and opportunity, data and knowledge, and life-cycle activities, drawing on roughly a decade of implementation experience.

Key objectives

  • Tie asset-related decisions and value realization explicitly to organizational objectives
  • Treat risk and opportunity separately so each gets proportionate attention
  • Give strategic asset management planning a clearer, more practical role
  • Recognize data, information and knowledge as assets that must be actively managed
  • Strengthen life-cycle management and predictive action across an asset's operating life

Who uses it

Asset-intensive organizations in utilities, infrastructure, manufacturing, and transport.

Learning outcomes

What you will be able to do

  • Translate the requirements of ISO 55001:2024 into an implementation plan
  • Define context, scope, policy, objectives and roles
  • Apply risk-based thinking and plan actions
  • Build the documented information and operational controls
  • Set up monitoring, internal audit and management review
  • Prepare the organisation for certification

Who should attend

Managers, consultants and project leads responsible for building or maintaining a management system.

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