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- Online Video-Based Learning
- Flexible Schedule
- Expert Trainers with Industry Experience
- High Pass Rates
- 24/7 Personalised Support
- Interactive Learning Materials
- Live Online Classes
- Expert Trainers with Industry Experience
- Live Assessment and Feedback
- Interactive Learning Materials
- Networking Opportunities
- High Pass Rates
Overview
Asset management is crucial for organisational success, making ISO 55001 Lead Auditor Training essential. This course provides in-depth knowledge of auditing asset management systems, ensuring learners gain the expertise to drive compliance and enhance operational efficiency, delivering significant value to organisations across industries.
This course is ideal for professionals in asset management, auditors, and managers responsible for system compliance. It equips learners with advanced auditing skills and enhances career prospects by demonstrating expertise in implementing and managing ISO 55001 standards effectively.
This 5 Day course provided by MPES ensures a comprehensive understanding of ISO 55001 standards, audit processes, and compliance requirements. By mastering these skills, learners can support organisations in achieving excellence in asset management, boosting operational effectiveness and reliability, and demonstrating global competency in auditing practices.
Course Objectives
- Understand ISO 55001 standards and their applications
- Learn effective auditing techniques
- Identify and mitigate asset management risks
- Develop audit reports and recommendations
- Manage audit processes effectively
- Enhance organisational compliance and reliability
- Build professional credibility in asset management
By completing this course, learners will gain advanced skills to audit and manage asset systems effectively, ensuring compliance, optimised performance, and career advancement in asset management and auditing.
Average completion time
5 Monthwith unlimited support
100% onlineStart anytime
Study At Your Own PaceCourse Includes
Course Details
Develop your understanding of essential financial, business and management accounting techniques with ACCA Applied Knowledge. You'll learn basic business and management principles and the skills required of an accountant working in business.
Entry Requirements
Educational Background: There are no specific educational requirements for this course.
Language Proficiency: Learners should have a good command of English, as all course materials, assessments, and discussions are conducted in English.
Interest in Management: This course is ideal for individuals with a keen interest in learning about the global standardisation of asset management.
Learning Outcomes
Enhanced Auditing Expertise: Gain advanced skills to conduct comprehensive ISO 55001 audits, ensuring effective asset management system compliance and improvement.
Risk Management Proficiency: Learn to identify, assess, and mitigate risks within asset management systems to enhance organisational reliability and performance.
Effective Reporting Skills: Develop the ability to create detailed audit reports, offering actionable insights for system improvement and compliance assurance.
Improved Career Prospects: Demonstrate expertise in ISO 55001 standards, strengthening your professional credibility and opening avenues for career advancement.
Target Audience
- Asset Managers
- Internal Auditors
- Compliance Officers
- Maintenance Managers
- Quality Managers
- Risk Management Professionals
- Operations Managers
This course is designed for professionals responsible for auditing, managing, or implementing asset management systems to ensure compliance and efficiency.
Course content
- Introduction
- Scope
- Terms and Definitions
- What is Asset Management System?
- Importance of Asset Management
- How Does Asset Management Work?
- Why Use an Asset Management System?
- Developing a Strategic Asset Management Plan
- Benefits of Asset Management
- Financial Asset Management
- Enterprise Asset Management
- Infrastructure Asset Management
- IT Asset Management
- Digital Asset Management
- Software Asset Management
- Understanding the Organisation and its Context
- Understanding the Needs and Expectations of Stakeholders
- Determining the Scope of the Asset Management System
- Asset Management System
- Leadership and Commitment
- Policy
- Organisational Roles, Responsibilities, and Authorities
- Introduction
- Planning
- Acquisition
- Operation and Maintenance
- Disposal
- Asset
- Asset Usage
- Asset Reuse
- Robust Asset
- Reusable Asset
- Ad-Hoc Reuse
- Engineered Reuse
- Introduction
- Internal Auditor
- Internal Audit Process
- Types of Internal Audit
- Internal Audit Functions
- Internal Auditor Vs External Auditor
- Planning Process
- Audit Universe
- Risk Assessment Methodology
- Strategic Audit Plan
- Annual Audit Plan
- Execution
- Audit Engagement
- Audit Objectives and Scope
- Audit Program and Working Papers
- Assessment, Evidence, and Supervision
- Closing Meeting
- Reporting
- What is Assets Auditing?
- Objective of Asset Auditing
- How to Perform an Asset Audit?
- Benefits of Asset Auditing
- Case Study
- Actions to Address Risks and Opportunities for the Asset Management System
- Asset Management Objectives and Planning to Achieve Them
- Resources
- Competence
- Awareness
- Communication
- Information Requirements
- Documented Information
- Operational Planning and Control
- Management of Change
- Outsourcing
- Strategies for Implementation
- Approaches to Implementing an Asset Management Program
- Steps to Implementing an Asset Management Program
- Communication in Asset Management
- Economic Analysis in Asset Management
- Risk Assessment and Asset Management
- Role of Preservation in Asset Management
- Case Study
- Lead Auditor
- Role of Lead Auditor
- Monitoring, Measurement, Analysis, and Evaluation
- Internal Audit
- Management Review
- Nonconformity and Corrective Action
- Preventive Action
- Continual Improvement
- Initiating Audit
- Preparing Audit Activities
- Conducting Audit Activities
- Preparing and Distributing Audit Report
- Completing Audit
- Conducting Audit Follow-Up
- Case Study
Module 1: Introduction to ISO 55001
Module 2: Asset Management System
Module 3: Types of Asset Management
Module 4: Context of the Organisation
Module 5: Leadership
Module 6: Asset Lifecycle
Module 7: Asset Management Terminology
Module 8: Internal Audit
Module 9: Audit Planning
Module 10: Asset Auditing
Module 11: Planning
Module 12: Support
Module 13: Operation
Module 14: Implementation of an AMS
Module 15: Introduction to Lead Auditor
Module 16: Performance Evaluation
Module 17: Improvement
Module 18: Conducting an Audit
MPES Support That Helps You Succeed
At MPES, we offer comprehensive support to help you succeed in your studies. With expert guidance and valuable resources, we help you stay on track throughout your course.
- MPES Learning offers dedicated support to help you succeed in Accounting and Finance courses.
- Get expert guidance from tutors available online to assist with your studies.
- Check your eligibility for exemptions with the relevant professional body before starting.
- Our supportive team is here to offer study advice and support throughout your course.
- Access a range of materials to help enhance your learning experience. These resources include practice exercises and additional reading to support your progress.
Career Growth Stories
Discover how MPES Learning transforms careers with real success stories.

Arvy Pasanting
As a qualified accountant, studying at MPES has been a very rewarding experience. Its team of passionate and dedicated mentors gave me the confidence and knowledge I needed to not just excel at my current role as an auditor, but also inspired me to expand my horizons.
Arvy Pasanting
David Ford
I was recommended MPES after searching for a way to pursue a career in the accounting profession, I have studied with them throughout my journey utilising both their “in class” and online learning opportunities that fit around the needs of my employer, I have found them to be consummate professionals delivering first class accounting courses with support always available.
David Ford
Aaron Allcote
As a finance officer, MPES has been a huge help in understanding the process of recording and processing transactions from all different perspectives. The courses are very easy to follow, and the training they provide can be applied to real-life scenarios. The courses have been a huge help for me, and I would highly recommend them.
Aaron Allcote
Bob Beaumont
I completed all of my ACA studies with MPES and I think you would struggle to find a better training provider anywhere in the British Isles. MPES' tutors are excellent both at delivering training and giving individualised feedback and coaching. the supporting materials and the out of class support are also great.
Bob Beaumont
George Evans
The Financial Risk Management Course at MPES was invaluable in deepening my understanding of risk assessment and mitigation strategies. The hands-on learning approach allowed me to apply new concepts directly to my work. I highly recommend it for professionals in finance.
George Evans
James Robinson
As a financial consultant, I am always seeking ways to enhance my expertise. The Investment Analysis Course at MPES exceeded my expectations, offering practical skills and knowledge that I can apply immediately in my consulting work. It's an outstanding choice for professionals in finance.
James Robinson
Laura Bennett
The Corporate Finance Course I attended at MPES was transformative. The depth of knowledge shared by the instructors and the relevance of the topics covered have directly impacted on our financial strategy. I strongly endorse this program for anyone in a leadership position in finance.
Laura Bennett
Emma Johnson
The Financial Modeling and Valuation Course at MPES was incredibly insightful. The practical applications and real-world examples helped solidify my understanding of complex concepts. I highly recommend this course to anyone looking to enhance their financial acumen.
Emma JohnsonHave Questions? We’ve Got You
If you have any questions, we’re here to help. Find the answers you need in the MPES detailed FAQ section.
Q. What is the purpose of the ISO 55001 Lead Auditor Training course?
This course equips learners with the skills to effectively audit and manage asset management systems based on ISO 55001 standards. It ensures learners gain expertise in identifying risks, improving system compliance, and driving organisational efficiency, making them highly competent in asset management and auditing practices.
Q. How does this course benefit asset management professionals?
The course provides a thorough understanding of ISO 55001 standards and auditing techniques. It helps asset management professionals enhance system performance, identify operational inefficiencies, and ensure compliance, positioning them as experts in their field and contributing to organisational success.
Q. What are the key topics covered in this course?
The course covers ISO 55001 standards, audit planning and execution, risk management, audit reporting, compliance assessment, and strategies to enhance organisational efficiency. Learners gain practical insights into conducting effective audits and driving improvements within asset management systems.
Q. How does this training support career growth?
This training demonstrates proficiency in ISO 55001 auditing, a globally recognised standard, boosting professional credibility and career prospects. Learners acquire valuable skills that position them as experts in managing and auditing asset management systems effectively.
Q. Why should learners choose MPES for this training?
MPES provides expert-led training, delivering comprehensive insights into ISO 55001 standards and auditing techniques. With practical examples and real-world applications, learners gain the confidence to conduct successful audits and support organisational compliance and improvement.
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Resources
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