QualCert ISO 55001 Asset Management System Essentials
In today’s competitive business landscape, effective asset management is critical to maximizing value, minimizing risk, and ensuring operational efficiency. The QualCert ISO 55001 – Fundamentals of the Asset Management System course provides a comprehensive introduction to the principles and practices of ISO 55001, the internationally recognized standard for asset management.
The QualCert ISO 55001 Fundamentals of the Asset Management System course is designed for professionals seeking to develop a clear understanding of asset management systems (AMS) based on ISO 55001 standards. This qualification equips learners with the foundational knowledge to contribute to the implementation, maintenance, and continual improvement of effective asset management practices within their organizations.
This course offers a structured approach to mastering the essential elements of ISO 55001. It covers the fundamentals of asset management, focusing on aligning assets with organizational objectives, risk management, performance evaluation, and compliance.
The QualCert ISO 55001 Fundamentals of the Asset Management System course is a vital stepping stone for professionals who want to embed effective asset management practices in their organizations. It offers the knowledge and confidence to drive improvements, reduce operational risks, and ensure assets deliver maximum value throughout their lifecycle.
Program Framework
The QualCert ISO 55001 – Fundamentals of the Asset Management System is a 30-credit qualification with a Total Qualification Time (TQT) of 180 hours, including 120 Guided Learning Hours (GLH).
| Unit Ref# | Unit Title | Credits | GLH | TQT |
| QC17018- 1 | Introduction to Asset Management and ISO 55001 Standard | 5 | 20 | 30 |
| QC17018 – 2 | Context of the Organization and Leadership in Asset Management | 5 | 20 | 30 |
| QC17018 – 3 | Planning and Risk-Based Asset Management Strategies | 5 | 20 | 30 |
| QC17018 – 4 | Operational Control and Lifecycle Asset Management | 5 | 20 | 30 |
| QC17018 – 5 | Performance Evaluation and Monitoring of Asset Management Systems | 5 | 20 | 30 |
| QC17018 – 6 | Improvement, Compliance, and Integration with Other ISO Standards | 5 | 20 | 30 |
Eligibility Criteria
This course is designed to be accessible, flexible, and professionally relevant for learners seeking foundational knowledge of ISO 55001 asset management systems.
- Minimum Age: Applicants must be 18 years or older at the time of enrolment.
- Educational Background: A secondary school qualification or equivalent is recommended.Learners from engineering, management, operations, quality, or facilities backgrounds will benefit
- Experience: No prior asset management experience is required, making this course suitable for beginners.Familiarity with organizational processes or ISO standards is an advantage but not mandatory.
- Language Proficiency: Learners should possess basic to intermediate English language proficiency to effectively understand course materials and assessments.
Core Achievements
1. Introduction to Asset Management and ISO 55001 Standard
- Understand the core concepts and principles of asset management.
- Explain the purpose and scope of the ISO 55001 standard.
- Recognize the benefits of implementing an effective asset management system.
2. Context of the Organization and Leadership in Asset Management
- Analyze internal and external factors affecting asset management within an organization.
- Describe the role of leadership and commitment in establishing asset management policies.
- Identify stakeholder needs and expectations relevant to asset management.
3. Planning and Risk-Based Asset Management Strategies
- Develop asset management objectives aligned with organizational goals.
- Apply risk-based thinking to identify, assess, and prioritize asset-related risks and opportunities.
- Formulate strategic plans to optimize asset performance and lifecycle.
4. Operational Control and Lifecycle Asset Management
- Implement operational controls to maintain asset integrity and performance.
- Understand asset lifecycle stages and their impact on management decisions.
- Apply best practices for effective maintenance and asset management activities.
5. Performance Evaluation and Monitoring of Asset Management Systems
- Establish key performance indicators (KPIs) to measure asset management effectiveness.
- Conduct audits and reviews to evaluate system compliance and performance.
- Interpret monitoring data to inform continuous improvement efforts.
6. Improvement, Compliance, and Integration with Other ISO Standards
- Identify opportunities for continual improvement within the asset management system.
- Understand regulatory and legal compliance requirements related to asset management.
- Integrate ISO 55001 with other management system standards such as ISO 9001, ISO 14001, and ISO 45001.
This course is designed for individuals and professionals who want to gain a clear understanding of ISO 55001 asset management principles and apply best practices across the asset lifecycle. It is suitable for learners at different career stages who are involved in managing, maintaining, or overseeing organizational assets.
• Asset managers and maintenance professionals responsible for asset performance and reliability
• Engineers, technicians, and technical staff involved in asset lifecycle planning and control
• Quality, compliance, and risk management professionals working with ISO management systems
• Operations, facilities, and infrastructure managers seeking structured asset management knowledge
• Consultants and auditors looking to build foundational knowledge of ISO 55001 requirements
• Business owners, decision-makers, and senior managers aiming to improve asset value and efficiency
• Students and entry-level professionals seeking career opportunities in asset management and operations
This course provides a strong foundation in asset management systems, enabling learners to improve decision-making, operational efficiency, and compliance with ISO 55001 standards across various industries and sectors.
Assessment and Verification
Assessment Framework :
This qualification consists of 6 mandatory assignments designed to assess the learner’s understanding and practical application of the required skills and knowledge. The key elements of the assessment framework include:
- Comprehensive Assignment Structure:
The assignments are designed to cover a range of topics within the qualification, ensuring that learners demonstrate their competence across all essential areas. - Pass Requirement:
Learners must successfully complete all 6 assignments to meet the requirements for certification. Each assignment must meet the specified criteria and demonstrate sufficient understanding and application of the subject matter. - Assessment Process:
Each assignment is reviewed and marked by a qualified assessor, with feedback provided to support learner development. - Final Completion Criteria:
The successful completion of all assignments is necessary for certification. Only learners who meet the required standards across all assignments will be awarded the qualification.
Quality Assurance & Verification:
QualCert applies a rigorous, multi-layered quality assurance system to ensure the reliability, consistency, and integrity of all assessments and results.
1. Internal Quality Assurance (IQA)
Conducted by the approved training centre:
- Assignment Evaluation:
Centre-approved Assessors and Internal Quality Assurers (IQAs) review the assignments to ensure they meet the assessment criteria and learning outcomes. - Standardisation:
Regular standardisation sessions are held to maintain consistency in assessment and marking practices across all centre staff. - Feedback & Support:
IQAs ensure that learners receive constructive feedback to aid their progress and improve future submissions.
2. External Quality Assurance (EQA)
Conducted by QualCert:
- Independent Verification:
QualCert’s External Quality Assurers (EQAs) verify the completed assignments and assess the quality and fairness of the marking process. - Centre Audits:
EQAs audit the centre’s compliance with QualCert’s quality assurance standards, reviewing assessment practices, learner records, and overall delivery. - Final Certification:
After satisfying the EQA’s verification process, QualCert will officially issue the certification to the learner.
QualCert delivers all qualifications exclusively through its network of officially approved training centres.
For registration or further information, please contact your nearest approved training centre.