Course Overview

ISO 55001 Foundation Training Overview

The ISO 55001 Foundation Course offers a practical introduction to the ISO 55001 Asset Management System. It is ideal for professionals involved in maintaining, managing, or planning organisational assets. This course covers the key principles, terminology, structure, and implementation fundamentals of ISO 55001, equipping learners to support consistent asset management strategies across sectors.

Key Topics Covered

  • Introduction to ISO 55001: Purpose, structure, and scope of the Asset Management standard

  • Asset Management Principles: Value, alignment, leadership, assurance, and lifecycle concepts

  • Risk and Decision-Making: Managing asset-related risks and optimising investment decisions

  • Integration with Business Objectives: Aligning asset strategies with broader organisational goals

Course Benefits 

  • Clear Understanding: Grasp essential asset management concepts and ISO 55001 requirements

  • Cross-Sector Relevance: Applicable across infrastructure, utilities, transport, and manufacturing

  • Career Development: Ideal foundation for progressing to implementer or auditor roles

  • Organisational Impact: Enhances lifecycle value and risk mitigation strategies

This course is suitable for anyone involved in or responsible for asset planning, performance, or governance, including: 

  • Asset Managers 

  • Maintenance Supervisors 

  • Facilities and Operations Managers 

  • Risk and Compliance Officers 

  • Engineers and Project Managers 

  • Professionals preparing for ISO 55001 Certification 

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Course Outline

ISO 55001 Foundation Training Outline

Module 1: Introduction to ISO 55001

  • Introduction
  • Scope
  • Normative Reference
  • Terms and Definitions

Module 2: Asset Management Systems

  • 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

Module 3: Types of Asset Management

  • Financial Asset Management
  • Enterprise Asset Management
  • Infrastructure Asset Management
  • IT Asset Management
  • Digital Asset Management
  • Software Asset Management

Module 4: Context of the Organisation

  • Understanding the Organisation and its Context
  • Understanding the Needs and Expectations of Stakeholders
  • Determining the Scope of the Asset Management System
  • Asset Management System

Module 5: Leadership

  • Leadership and Commitment
  • Policy
  • Organisational Roles, Responsibilities, and Authorities

Module 6: Asset Lifecycle

  • Planning
  • Acquisition
  • Operation and Maintenance
  • Disposal

Module 7: Asset Management Terminology

  • Asset
  • Asset Usage
  • Asset Reuse
  • Robust Asset
  • Reusable Asset
  • Ad-Hoc Reuse
  • Engineered Reuse
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What You’ll Learn

What You’ll Learn in this Course

By the end of the course, learners will be able to:

  • Understand the fundamentals and structure of ISO 55001
  • Explain asset management terms, principles, and frameworks
  • Recognise the benefits of standardised asset management
  • Support implementation and continual improvement initiatives
  • Contribute to audit readiness and risk management strategies
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What’s Included

What’s Included

  • ISO 55001 Foundation Examination 

  • Expert-led training by certified professionals 

  • ISO 55001 Foundation Certificate 

  • Comprehensive digital delegate materials 

Exam Details

ISO 55001 Foundation Training Exam Details

To achieve the ISO 55001 Foundation Training, candidates will need to sit for an examination. The exam format is as follows:  

  • Question Type: Multiple Choice  

  • Total Questions: 30  

  • Total Marks: 30 Marks  

  • Pass Mark: 50%, or 15/30 Marks  

  • Duration: 40 Minutes

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What do i get for £1425

  • 16 hours course
  • Mock exams
  • Exams included, taken online
  • Immediate access for 90 days
  • Certificates on completion
  • Exercise files
  • Personal performance tool
  • 24/7 Support
  • Track your teams progress
  • Downloadable resources & fun Challenges
  • Ai assistant
  • Train in the comfort of your home
  • Interactive course
  • Compatible on mobile, tablet and desktop
  • Scenario based learning
  • Bookmarking ability
  • Note taking facilities

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noteLimited budget?

Course Price:

GBP1425

Optional addons:

GBP0

Total:

GBP1425
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ISO 55001
Cardiff

Mon 3 Nov 2025 - Mon 3 Nov 2025

Duration: 1 Day
ISO 55001
Swansea

Mon 3 Nov 2025 - Mon 3 Nov 2025

Duration: 1 Day
ISO 55001
Wrexham

Mon 3 Nov 2025 - Mon 3 Nov 2025

Duration: 1 Day
ISO 55001
Belfast

Mon 3 Nov 2025 - Mon 3 Nov 2025

Duration: 1 Day

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FAQs

Frequently Asked Questions

What is ISO 55001?

ISO 55001 is an international standard for Asset Management that helps organisations manage the lifecycle of physical and intangible assets efficiently.

Who should take the ISO 55001 Foundation Course?

This course is suitable for asset managers, facilities teams, engineers, or anyone involved in asset planning, maintenance, or governance.

Is this course suitable for beginners?

Yes, it is an entry-level course designed to introduce the concepts of ISO 55001 and asset management.

Do I need prior experience to attend this course?

No prior experience is required, though a general understanding of business operations or asset usage can be helpful.

What will I learn in this course?

You’ll learn the fundamentals of ISO 55001, its structure, key principles, asset lifecycle strategies, and risk-based asset decision-making.

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