ISO 55001: Lead Auditor

Duration : 5 Days (40 Hours)

ISO 55001: Lead Auditor Course Overview:

Welcome to our ISO 55001: Lead Auditor course! This extensive training program has been carefully developed to provide you with the necessary knowledge and skills to effectively lead audits of Asset Management Systems, specifically focusing on the ISO 55001 standard.

Course Objectives:

  1. Understand the principles and concepts of asset management and the ISO 55001 standard.
  2. Learn the role and responsibilities of a lead auditor in assessing and evaluating Asset Management Systems.
  3. Gain knowledge of the requirements outlined in ISO 55001 and their application in different organizational contexts.
  4. Develop the skills to plan, conduct, and report on asset management system audits effectively.
  5. Understand the auditing techniques and methodologies specific to asset management systems.
  6. Learn how to identify nonconformities and evaluate the effectiveness of corrective actions.
  7. Acquire the ability to communicate audit findings and recommendations to stakeholders.
  8. Understand the importance of continual improvement and performance evaluation in asset management.
  9. Familiarize yourself with industry best practices and practical insights for auditing asset management systems.
  10. Prepare for the ISO 55001 Lead Auditor certification examination to validate your competency as a lead auditor.

Intended Audience:

  • Auditors
  • Managers or Consultants
  • Technical Experts
 Module 1: Introduction to asset management and ISO 55001
  • Course objectives and structure
  • Standard and regulatory framework
  • Certification process
  • Fundamental concepts and principles of asset management
  • Asset Management System (AMS)
  • Fundamental audit concepts and principles
  • Audit approach based on evidence and risk
  • Initiating the audit
  • Stage 1 audit
  • Preparing the stage 2 audit (on-site audit)
  • Stage 2 audit
  • Communication during the audit
  • Audit procedures
  • Creating audit test plans
  • Drafting audit findings and nonconformity reports
  • Documentation of the audit and quality review
  • Closing the audit
  • Evaluation of action plans by the auditor
  • Beyond the initial audit
  • Managing an internal audit programme
  • Competence, evaluation and closing the training

Final Exam

ISO 55001: Lead Auditor Course Prerequisites:

A basic knowledge of ISO 55001, and comprehensive knowledge of audit principles.

Q: What is ISO 55001?

A: ISO 55001 is an international standard that provides guidelines for the establishment, implementation, maintenance, and improvement of Asset Management Systems. It focuses on the effective management of assets to achieve organizational objectives and maximize value.

A: This course is ideal for professionals who have experience or responsibilities in auditing Asset Management Systems. This includes auditors, asset managers, quality managers, consultants, and individuals involved in asset management and auditing practices.

A: While prior knowledge or experience in asset management or auditing is beneficial, it is not a prerequisite for attending the ISO 55001: Lead Auditor course. The course provides a comprehensive understanding of asset management principles, ISO 55001 requirements, and auditing techniques, catering to individuals at various levels of expertise.

A: By attending this course, you will gain a deep understanding of asset management principles, the ISO 55001 standard, and the role of a lead auditor in assessing Asset Management Systems. You will learn how to plan, conduct, and report on asset management system audits, identify nonconformities, evaluate corrective actions, and communicate audit findings effectively.

A: Yes, upon successfully completing the course and meeting the certification requirements, you can become certified as an ISO 55001 Lead Auditor. Certification exams may be offered separately and may have additional requirements and fees. It is advisable to inquire with your training provider regarding the certification process.

A: While there are no strict prerequisites for attending the ISO 55001: Lead Auditor course, it is recommended to have a basic understanding of management systems, asset management principles, and auditing concepts. Familiarity with the ISO 55001 standard is beneficial but not mandatory.

A: The knowledge gained from the ISO 55001: Lead Auditor course can be applied in your organization by leading audits of Asset Management Systems, evaluating their compliance with ISO 55001, identifying areas for improvement, and providing recommendations for enhancing asset management practices. You will contribute to optimizing asset performance and achieving organizational objectives.

A: This training can be customized to address specific organizational needs. We can discuss customization options based on your requirements.

Discover the perfect fit for your learning journey

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Live Online

  • Convenience
  • Cost-effective
  • Self-paced learning
  • Scalability


  • Interaction and collaboration
  • Networking opportunities
  • Real-time feedback
  • Personal attention


  • Familiar environment
  • Confidentiality
  • Team building
  • Immediate application

Training Exclusives

This course comes with following benefits:

  • Practice Labs.
  • Get Trained by Certified Trainers.
  • Access to the recordings of your class sessions for 90 days.
  • Digital courseware
  • Experience 24*7 learner support.

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