Course Overview

ISO 55001 was refreshed in 2024 with sharper guidance on value realization, asset performance, and the Strategic Asset Management Plan (SAMP). This Foundation course brings participants up to speed on the new edition – covering asset management principles, the link between assets and business strategy, and how the standard applies across utilities, infrastructure, transport, manufacturing, and beyond.

Who Should Attend

• Asset managers and maintenance leaders
• Finance and operations staff in asset-heavy industries
• Infrastructure professionals (utilities, transport, real estate)
• Plant and facilities managers

What You Will Learn

• Explain the structure, scope, and intent of ISO 55001:2024
• Apply asset management principles and the value-realization framework
• Recognize roles, governance, and the Strategic Asset Management Plan (SAMP)
• Identify how asset management aligns with organizational objectives
• Understand the link between assets, risk, and lifecycle planning

Course Content

• Asset management fundamentals
• ISO 55001:2024 clause-by-clause walkthrough
• SAMP and strategic alignment
• Asset lifecycle, risk, and value
• Key changes from ISO 55001:2014

Methodology

Trainer-led delivery supported by group discussion, real-world examples drawn from utilities, transport, infrastructure, and manufacturing.

Assessment

Participation is monitored throughout the day. No formal examination is conducted at the foundation level.

Certificate

Prerequisites