Master the Audit of Asset Management Systems (AMS) based on ISO 55001. By attending this course, you will be able to master the ability of Auditing Asset Management Systems (AMS) based on ISO 55001. Moreover, this course will help you gain the needed expertise to conduct an Asset Management System audit by using the most updated audit procedures, techniques as well as principles. You will also be able to obtain the necessary skills for planning and carrying out internal and external audits that are in line with ISO 19011:2018 and ISO/IEC 17021-1.
ISO 55001 Lead Auditor training enables you to develop the necessary expertise to perform an Asset Management System (AMS) audit by applying widely recognized audit principles, procedures and techniques. During this training course, you will acquire the knowledge and skills to plan and carry out internal and external audits in compliance with ISO 19011 and ISO/IEC 17021-1 certification process.Based on practical exercises, you will be able to master audit techniques and become competent to manage an audit program, audit team, communication with customers, and conflict resolution.After acquiring the necessary expertise to perform this audit, you can sit for the exam and apply for Certified ISO 55001 Lead Auditor credentials. By holding a Lead Auditor Certificate, you will demonstrate that you have the capabilities and competencies to audit organizations based on best practices.
A fundamental understanding of ISO 55001, and comprehensive knowledge of audit principles.
Day 1: Introduction to asset management and ISO 55001
Day 2: Audit principles, preparation and launching of an audit
Day 3: On-site audit activities
Day 4: Closing the audit
Day 5: Certification exam
The Certified ISO 55001 Lead Auditor exam completely meets the requirements of the Examination and Certification Programme (ECP). The exam covers the following competency domains:
Domain 1: Fundamental principles and concepts of an Asset Management System
Domain 2: Asset Management System (AMS)
Domain 3: Fundamental audit concepts and principles
Domain 4: Preparation of an ISO 55001 audit
Domain 5: Conducting an ISO 55001 audit
Domain 6: Closing an ISO 55001 audit
Domain 7: Managing an internal ISO 55001 audit programme
For more information about exam details, please visit Examination Rules and Policies
After successfully completing the exam, you can apply for the credentials shown on the table below. You will receive a certificate once you comply with all the requirements related to the selected credential.
For more information about ISO 55001 certifications and the certification process, please refer to the Certification Rules and Policies.
The requirements for Auditor Certifications are:
Credential |
Exam |
Professional experience |
MS audit/ assessment experience |
Other requirements |
Certified ISO 55001 Provisional Auditor |
Certified ISO 55001 Lead Auditor Exam or equivalent |
None |
None |
Signing of Code of Ethics |
Certified ISO 55001 Auditor |
Certified ISO 55001 Lead Auditor Exam or equivalent |
Two years: One year of work experience in Asset Management |
Audit activities: a total of 200 hours |
Signing the Code of Ethics |
Certified ISO 55001 Lead Auditor |
Certified ISO 55001 Lead Auditor Exam or equivalent |
Five years: Two years of work experience in Asset Management |
Audit activities a total of 300 hours |
Signing the Code of Ethics |
Certified ISO 55001 Senior Lead Auditor |
Certified ISO 55001 Lead Auditor Exam or equivalent |
Ten years: Seven years of work experience in Asset Management |
Audit activities a total of 1000 hours |
Signing the Code of Ethics |
Note: Certified Individuals who do possess the Lead Implementer and Lead Auditor Credentials are qualified for the respective PECB Master Credential, given they have taken 4 additional Foundation Exams which are related to this scheme. For more detailed information about the Foundation Exams and the overall Master Requirements, please go to the following link: https://pecb.com/en/master-credentials
To be considered valid, these implementation activities should follow best implementation practices and include most of the following activities: