A practical introduction to ISO 55001:2024, the current published requirements standard for an asset management system. Learn what an asset and an asset management system are, the principles of value, alignment and leadership, how the 2024 edition uses the shared management system structure, what the second edition added or clarified and how certification actually works. Written for people in asset intensive organisations, or those heading that way, with no asset management background assumed.
~45 minutes100% online, self-paced6 months access from the day of course start
What You Will Learn
Explain what an asset and an asset management system are, and why organisations adopt ISO 55001
Describe the principles the ISO 55000 series is built on: value, alignment and leadership
Describe how ISO 55001:2024 uses the shared management system structure and the Plan Do Check Act cycle
Recognise what the 2024 edition added or clarified compared with the 2014 edition, including decision making, the strategic asset management plan, knowledge, life cycle in operation, and predictive action
Distinguish an asset management system from financial accounting, technical manuals and a certificate on the wall
Course Content
1. What an asset management system is
2. Value, alignment and leadership
3. Structure and what the 2024 edition changed
4. Life cycle, risk and decisions
5. Information, people and certification
6. Apply it: a worn asset decision
Final Assessment - 10 questions, 80% pass mark, retakes available
Who This Course Is For
Workers, supervisors, managers, planners, maintainers and contractors in an organisation that manages plant, infrastructure, vehicles, information systems or other assets of value, including organisations certified to ISO 55001 or working towards it.
Accreditation: This is a non-accredited awareness course. It is written against ISO 55001:2024, the current published edition (Edition 2, July 2024, ISO catalogue stage 60.60) and checked against the licensed Australian identical adoption AS ISO 55001:2024 (Standards Australia, published 20 September 2024). It teaches structure and 2024 changes in original WorkProof words. It does not reproduce licensed standard text. Completing it does not certify you, does not certify your organisation and is not a substitute for reading the standard, for an audit by an accredited certification body or for your organisation's own asset management arrangements. ISO 55001 is not required by law. The standard does not set financial, accounting or technical requirements for managing a particular type of asset.
Suggested next course
Integrated Management Systems Awareness
$39 per person
$39.00
Prices are in Australian dollars and include GST.
Duration
~45 minutes
Format
100% online, self-paced
Lessons
6
Assessment
10 questions (80% to pass)
Certificate
Instant, verifiable
Access period
6 months access from the day of course start
Who it’s for
Workers, supervisors, managers, planners, maintainers and contractors in an organisation that manages plant, infrastructure, vehicles, information systems or other assets of value, including organisations certified to ISO 55001 or working towards it.
Buying for a team? Set the quantity to the number of people. You’ll receive an enrolment code for each seat.
