ISO 55001 Lead Auditor — Asset Management Systems (AMS)

On this accelerated 3-day ISO 55001 Lead Auditor course, you’ll gain the skills to plan, conduct, and manage audits of Asset Management Systems (AMS) based on ISO 55001. Led by PECB-certified experts, you’ll master audit principles, risk-based auditing, evidence evaluation, and ISO 55001 requirements through practical exercises and real-world scenarios.

Achieving the PECB Lead Auditor certification demonstrates your ability to ensure AMS compliance, optimize asset performance, and support organizational objectives.

Throughout this course, you'll learn 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 auditor
• Evaluate the AMS conformity to ISO 55001 requirements, in accordance with the fundamental audit concepts and principles
• Plan, conduct, and close an ISO 55001 compliance audit, in accordance with ISO/IEC 17021-1 requirements, ISO 19011 guidelines, and other best practices in auditing
• Manage an ISO 55001 audit program

With Firebrand’s Lecture | Lab | Review method, you’ll certify while gaining access to official courseware, expert instruction, and an immersive, distraction-free learning environment.

As part of the course, you’ll take the ISO 55001 Lead Auditor exam, backed by the Firebrand Certification Guarantee for added confidence. Additionally, upon certification, you’ll earn a digital badge, enhancing your professional credibility in Asset Management Systems.

Why choose Firebrand?

• Flexible Delivery Options: Choose between classroom-based training or virtual instructor-led sessions, with delivery options to suit your needs and schedule
• Comprehensive Certification Preparation: Covers the PECB exam topics with integrated study materials and practice exercises
• Interactive Learning: Includes workshops, case studies, and group discussions to apply concepts practically
• Experienced Instructors: Led by certified trainers with extensive industry experience

This training course is intended for:

• Auditors seeking to conduct and lead AMS audits
• Managers or consultants seeking to master the AMS audit process
• Individuals responsible for maintaining conformity to the AMS requirements in an organization
• Technical experts seeking to prepare for an AMS audit
• Expert advisors in asset management

• Orientation
• Training course objectives and structure
• Introduction to management systems and ISO 55000 family of standards
• Certification process
• Fundamental concepts and principles of asset management
• Overview of ISO 55001 requirements
• Fundamental audit concepts and principles
• The impact of trends and technology in auditing
• Evidence-based auditing
• Risk-based auditing
• Initiation of the audit process
• Stage 1 audit
• Preparing for stage 2 audit
• Stage 2 audit
• Auditing the requirements of ISO 55001
• Communication during the audit
• Information collection and analysis methods
• Creating audit test plans
• Drafting audit findings and nonconformity reports
• Audit documentation and quality review
• Closing of the audit
• Evaluation of action plans by the auditor
• Beyond the initial audit
• Managing an internal audit program
• Closing of the training course and Exam Prep

At the end of this course, you'll sit the PECB Certified ISO/IEC 55001 Lead Auditor examination, covered by the Firebrand Certification Guarantee.

• Duration: 180 minutes (3 hours)
• Format: Open-book
• Number of questions: 80
• Pass score:70%
• CPD points available: 31 CPD points available upon completion
• Digital Badge: PECB have partnered with Credly to offer you the chance of earning a digital badge upon completing your certification.

Competency domains covered during the examination include:

• Domain 1: Fundamental principles and concepts of an asset management system
• Domain 2: Asset management system requirements
• Domain 3: Fundamental audit concepts and principles
• Domain 4: Preparing an ISO 55001 audit
• Domain 5: Conducting an ISO 55001 audit
• Domain 6: Closing an ISO 55001 audit
• Domain 7: Managing an ISO 55001 audit program

After successfully completing the exam, you can apply for your credential. You will receive a certificate once you meet the requirements related to the specified credential. 

Course attendees are required to have a fundamental understanding of asset management concepts and a comprehensive knowledge of AMS audit principles.

Your accelerated course includes:

• Accommodation *
• Meals, unlimited snacks, beverages, tea and coffee *
• On-site exams **
• Exam vouchers **
• Practice tests **
• Certification Guarantee ***
• Courseware
• Up to 12 hours of instructor-led training each day
• 24-hour lab access
• Digital courseware **

* For residential training only. Accommodation is included from the night before the course starts. This doesn't apply to online courses.
** Some exceptions apply. Please refer to the Exam Track or speak with our experts.
*** Pass the first time or train again for free as many times as it takes, unlimited for 1 year. Just pay for accommodation, exams, and incidental costs.

Seven reasons why you should sit your course with Firebrand Training

• Two training options. Choose between residential classroom-based and online courses
• You'll be certified fast. With us, you’ll be trained in record time
• Our course is all-inclusive. A one-off fee covers all course materials, exams**, accommodation* and meals*. No hidden extras.
• Pass the first time or train again for free. This is our guarantee. We’re confident you’ll pass your course the first time. But if not, come back within a year and only pay for accommodation, exams and incidental costs
• You’ll learn more. A day with a traditional training provider generally runs 9am–5pm, with a nice long break for lunch. With Firebrand, you’ll get at least 12 hours/day of quality learning time with your instructor
• You’ll learn faster. Chances are, you’ll have a different learning style to those around you. We combine visual, auditory and tactile styles to deliver the material in a way that ensures you will learn faster and more easily
• You’ll be studying with the best. We’ve been named in the Training Industry’s “Top 20 IT Training Companies of the Year” every year since 2010. As well as winning many more awards, we’ve trained and certified over 135,000 professionals

*For residential training only. Doesn't apply to online courses
**Some exceptions apply. Please refer to the Exam Track or speak with our experts