Asset Management & ISO 55000

Upcoming Sessions

Classroom sessions
Online sessions

Course Introduction

Effective asset management is essential for organizations that rely on high-value infrastructure and equipment. This Asset Management & ISO 55000 Training Course helps participants build a structured approach to managing assets across their full life cycle, ensuring reliability, performance, and cost-efficiency. The course focuses on aligning asset decisions with organizational goals, improving overall asset performance while minimizing risks and costs.

Through a detailed study of ISO 55000 standards, participants will learn global best practices in asset lifecycle management, risk mitigation, and value optimization. The training bridges strategy and operations, encouraging integrated thinking across departments from design and commissioning to operations and maintenance. Participants will also understand how to embed continuous improvement and compliance into asset operations to support sustainable business outcomes.

This ISO 55000 training course will cover:

  • ISO 55000-based asset management systems, frameworks, and structures
  • Life cycle costing principles and practical considerations
  • Asset strategies aligned with business objectives
  • Development and implementation of asset management plans
  • Embedding continuous improvement into asset operations

Objectives

By the end of this Asset Management & ISO 55000 training course, participants will be able to:

  • Apply ISO 55000 standards to improve asset management systems and processes
  • Use best practice methodologies to achieve cost-effective asset performance
  • Translate strategic business objectives into actionable asset policies and strategies
  • Identify technical and human risk factors in asset management and develop mitigation measures
  • Build an actionable plan to integrate asset management best practices into current operations and measure their impact

This course provides a practical and structured approach to asset management, enabling participants to make informed decisions that drive performance, reduce lifecycle costs, and improve organizational resilience.

Training Methodology

This COPEX training course uses a blend of formal instruction and interactive learning to ensure practical understanding and effective knowledge retention. Each session is designed to connect theory with real-world applications through case studies and hands-on exercises. Participants will work through examples that reflect typical challenges in asset-intensive industries, allowing them to apply ISO 55000 concepts directly to their work environment.

The learning process encourages collaboration and shared experience through group discussions and problem-solving activities. This interactive approach helps participants develop a practical understanding of asset management principles and supports the implementation of asset management systems in diverse operational contexts. By the end of the course, participants will be equipped to implement and improve asset management practices that align with organizational strategy and enhance asset performance.

Who Should Attend?

This ISO 55000 Training Course is designed for professionals responsible for asset management or those who support asset-related decisions. It is ideal for individuals who want to implement ISO 55000-aligned practices or improve existing asset management systems. Participants will gain a clear understanding of asset lifecycle management and learn how to align asset strategies with business objectives.

This course is especially suitable for:

  • Project, Design, and Maintenance Managers
  • Maintenance and Reliability Engineers
  • Operations Managers and Supervisors
  • Technical and Quality Assurance Personnel
  • Asset Management Consultants and Advisors

Course Outline

Day 1: Principals of Asset Management

  • Asset Management as a Business Process
  • Asset Management Scope & Definitions
  • Asset Management Strategy & Planning
  • Asset Management Roles
  • ISO55000 – The International Standard on Asset Management

Day 2: Assessing & Managing Asset Management Risks

  • Risk in Asset Management
  • Risk on Business Level
  • Stakeholder Risks
  • Risk on Asset Level – Risk Based Maintenance

Day 3: Asset Management Policy, Strategy and Planning

  • Asset Management Policy
  • Developing (Strategic) Asset Management Plan(s)
  • Implementing (Strategic) Asset Management Plan(s)
  • Long Term Maintenance & Investment Planning
  • Information and Configuration Management

Day 4: Managing Asset Lifecycle Decisions & Activities

  • Life Cycle of Assets and Its Aspects
  • Systems Engineering & RAMS (Reliability Availability Maintainability Safety)
  • Renewal, Disposal and Lifetime Extension Decisions
  • Sourcing

Day 5: Financial & Business Impact of Asset Management

  • Financial Management – Basics
  • Life Cycle Costing
  • The Business Case for Asset Management
  • Wrap-up

Accreditation

IAM Endorsed Programme

Providers and Associations

Anderson
Aztech Training
Coventry

Certificate

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course

Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

Whats Makes Copex Courses Unique?

COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.

Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.

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Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.

Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.

Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.

The training course fee can be settled by either:

  • Bank transfer
  • Credit Card

Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.

Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.

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