ISO 55001 Lead Implementer

Why Should You Attend?
Organizations depend on assets to achieve their strategic objectives, and the manner in which these assets are managed directly influences operational efficiency, financial performance, and long-term sustainability. Inadequate asset management practices can lead to increased costs, operational inefficiencies, compliance vulnerabilities, and diminished asset value. As organizations strive to optimize asset performance while effectively managing risks and opportunities, adopting a structured and systematic approach to asset management becomes imperative.

ISO 55001 provides a comprehensive framework that enables organizations to establish, implement, maintain, and continuously improve an asset management system (AMS) aligned with their strategic goals. This training course is designed to equip participants with the essential knowledge and skills required to implement an AMS that conforms to ISO 55001 requirements. Through active participation, attendees will gain practical insights into asset life cycle management, risk-based decision-making, and strategies for continual improvement.

Upon completing the training course, participants will be eligible to take the certification examination. Successful candidates may apply for the PECB Certified ISO 55001 Lead Implementer credential. This internationally recognized certification validates professional expertise and practical competence in implementing an AMS based on the requirements of ISO 55001.

Who Should Attend?
This training course is intended for:

  • Managers or consultants involved in asset management

  • Individuals seeking to master the implementation of an asset management system

  • Professionals responsible for maintaining conformity with ISO 55001 requirements within an organization

  • Members of an AMS implementation team

Learning Objectives
By the end of this training course, participants will be able to:

  • Explain the fundamental concepts and principles of an asset management system (AMS) based on ISO 55001

  • Interpret ISO 55001 requirements for an AMS from the perspective of an implementer

  • Initiate and plan the implementation of an AMS based on ISO 55001, 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 trainers and participants, fostering engagement through questions and exercises

  • Quizzes comprising stand-alone and scenario-based questions designed to enhance understanding and prepare participants for the certification examination

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

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:

 

Credential Exam Professional experience AMMS project experience Other requirements
PECB Certified ISO 55001 Provisional Implementer PECB Certified ISO 55001 Lead Implementer Exam or equivalent None None Signing the PECB Code of Ethics
PECB Certified ISO 55001 Implementer PECB Certified ISO 55001 Lead Implementer Exam or equivalent Two years: One year of work experience in Asset Management Project activities: a total of 200 hours Signing of the PECB Code of Ethics
PECB Certified ISO 55001 Lead Implementer PECB Certified ISO 55001 Lead Implementer Exam or equivalent Five years: Two years of work experience in Asset Management Project activities: a total of 300 hours Signing of the PECB Code of Ethics
PECB Certified ISO 55001 Senior Lead Implementer PECB Certified ISO 55001 Lead Implementer Exam or equivalent Ten years: Seven years of work experience in Asset Management Project activities: a total of 1,000 hours Signing of 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
  • Certification and examination fees are included in the price of the training course.
  • Participants will be provided with over 450 pages of information, practical examples, and quizzes.
  • Participants who complete the training course will obtain an attestation of course completion worth 31 CPD (Continuing Profession Development) credits.
  • Candidates who have completed the training course but failed the exam are eligible to retake the exam once for free within a 12-month period from the initial date of the exam.
Original price was: $1,500.00.Current price is: $749.00.
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Course agenda

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