ISO 55001 Lead Implementer

Why Should You Attend?

Organizations rely on assets to achieve their strategic goals, and the way these assets are managed directly impacts their operational efficiency, financial performance, and long-term sustainability. Poor asset management can result in higher costs, operational inefficiencies, compliance risks, and reduced asset value. As organizations strive to optimize asset performance while managing risks and opportunities, adopting a structured and effective approach to asset management becomes essential.

ISO 55001 provides a framework for organizations to establish, implement, maintain, and improve an asset management system (AMS) that aligns with their strategic objectives. This training course is designed to equip participants with the necessary knowledge and skills to implement an ISO 55001-compliant AMS. By participating in this training, you will gain practical insights into asset life cycle management, risk-based decision-making, and continual improvement strategies.

Upon completing the training course, you will be eligible to take the exam. If you pass the exam, you can apply for the PECB Certified ISO 55001 Lead Implementer credential. This internationally recognized certification validates your professional expertise and practical competence in implementing an AMS based on the requirements of ISO 55001.

Who Should Attend?

  • Managers or consultants involved in asset management 
  • Individuals seeking to master the implementation of an AMS
  • Individuals responsible for maintaining conformity with the ISO 55001 requirements in an organization
  • Members of an AMS implementation team

Learning Objectives

By the end of this training course, you 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 implementer
  • Initiate and plan the implementation of an AMS based on ISO 55001, by 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 the trainers and participants, fostering engagement through questions and exercises 
  • Quizzes comprising stand-alone and scenario-based questions designed to enhance understanding and prepare you for the certification exam 

Prerequisites

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


More Details

  • 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

  • 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 

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

  • 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. 

    For more information about ISO 55001 Lead Implementer certifications and the PECB certification process, please refer to theCertification Rules and Policies.

    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 the PECB Code of Ethic
    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 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 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. For more detailed information about the Foundation Exams and the overall Master Requirements, please visit the following link: https://pecb.com/en/master-credentials.  

    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.

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