ISO 55001 Lead Auditor

ISO 55001 Lead Implementer ISO 55001 Foundation ISO 55001 Lead Auditor ISO 55001 Transition

The ISO 55001 Lead Auditor training course will equip you with the necessary skills to audit asset management systems (AMS) based on audit principles and practices. It will provide you with the knowledge and expertise required on how to plan and conduct effective AMS audits, evaluating whether the AMS is effectively implemented, maintained, and aligned with the organization’s strategic asset management objectives.

Why should you attend?

Organizations worldwide increasingly seek qualified auditors to evaluate the effectiveness of asset management practices implemented within an ISO 55001-based AMS. This comprehensive course equips you with the knowledge and skills to plan, conduct, and manage audits in accordance with ISO 19011 (auditing guidelines for management systems) and ISO/IEC 17021-1 (requirements for certification processes).

Through engaging discussions, hands-on exercises, and interactive learning, you will gain a thorough understanding of AMS auditing practices while strengthening your core auditing competencies.

After completing the course, you will have the opportunity to sit for the certification exam. Successful candidates will be awarded the internationally recognized “PECB Certified ISO 55001 Lead Auditor” credential—demonstrating your expertise in auditing organizations for compliance with ISO 55001 requirements.

Who should attend?

This training course is intended for:

Auditors seeking to conduct and lead AMS audits
Managers or consultants seeking to master the AMS audit process
Individuals responsible for maintaining conformity to the AMS requirements in an organization
Technical experts seeking to prepare for an AMS audit
Expert advisors in asset management

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 the ISO 55001 requirements for an AMS from the perspective of an auditor
Evaluate the AMS conformity to ISO 55001 requirements, in accordance with the fundamental audit concepts and principles
Plan, conduct, and close an ISO 55001 compliance audit, in accordance with ISO/IEC 17021-1 requirements, ISO 19011 guidelines, and other best practices in auditing
Manage an ISO 55001 audit program

Educational approach

PECB recommends scheduling two short breaks (15 minutes), and a lunch break (one hour) per training day. The time of the breaks can be adjusted accordingly.
Participants are strongly encouraged to interact with one another, exchange ideas, and actively participate in discussions.
The quiz structure within the course closely mirrors that of the certification exam, ensuring participants are well-prepared for the exam.

PECB offers various training course delivery formats, from traditional classroom settings to modern, technology-driven solutions. To learn more about these formats, please click here.

Prerequisites

Participants who attend this training course are required to have a fundamental understanding of asset management concepts and a comprehensive knowledge of AMS audit principles.

Day 1: Introduction to the asset management system (AMS) and ISO 55001

Day 2: Audit principles and the preparation for and initiation of an audit

Day 3: On-site audit activities

Day 4: Closing of the audit

Day 5: Certification exam

The “PECB ISO 55001 Lead Auditor” exam fully meets the PECB Examination and Certification Program (ECP) requirements. It covers the following competency domains:

Domain 1: Fundamental principles and concepts of an asset management system

Domain 2: Asset management system requirements

Domain 3: Fundamental audit concepts and principles

Domain 4: Preparing an ISO 55001 audit

Domain 5: Conducting an ISO 55001 audit

Domain 6: Closing an ISO 55001 audit

Domain 7: Managing an ISO 55001 audit program

For specific information about the exam type, languages available, and other details, please visit the List of PECB Exams and the Examination Rules and Policies.

After successfully completing the exam, you can apply for one of the credentials shown on the table below. You will receive a certificate once you comply with all the requirements related to the selected credential.

Credential	Exam	Professional experience	MS audit/assessment experience	Other requirements
PECB Certified ISO 55001 Provisional Auditor	PECB Certified ISO 55001 Lead Auditor Exam or equivalent	None	None	Signing the PECB Code of Ethics
PECB Certified ISO 55001 Auditor	PECB 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 PECB Code of Ethics
PECB Certified ISO 55001 Lead Auditor	PECB 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 PECB Code of Ethics
PECB Certified ISO 55001 Senior Lead Auditor	PECB Certified ISO 55001 Lead Auditor Exam or equivalent	Ten years: Seven years of work experience in Asset Management	Audit activities: a total of 1,000 hours	Signing the PECB Code of Ethics

The AMS audit activities should follow best practices and include the following:

Planning an audit
Managing an audit program
Drafting audit reports
Drafting nonconformity reports
Drafting audit working documents
Reviewing and managing documented information related to the audit
Conducting on-site audits
Following up on nonconformities
Leading an audit team

For more information about the PECB certification process, please refer to Certification Rules and Policies.

Certificate and examination fees are included in the price of the training course.
Participants will receive more than 450 pages of comprehensive training materials, including practical examples, exercises, and quizzes.
Participants who have attended the training course will receive an attestation of course completion worth 31 CPD (Continuing Professional Development) credits.
Candidates who have completed the training course with one of our partners and failed the first exam attempt are eligible to retake the exam for free within a 12-month period from the date the coupon code is received. This is because the fee paid for the training course includes a first exam attempt and one retake. Otherwise, retake fees apply.

For additional information, please contact us at support@pecb.com.

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