ISO 55001 Lead Auditor — Asset Management Systems (AMS)

Exam
Exam fees included
Course code
iso55001la
Course pricing varies based on delivery method and location.
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What you’ll learn
On this 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
Through Firebrand’s Lecture | Lab | Review method, you’ll access official courseware, learn from certified instructors, and train in a distraction-free 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
Audience
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
Curriculum
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
Prerequisites
Course attendees are required to have a fundamental understanding of asset management concepts and a comprehensive knowledge of AMS audit principles.
Exam info
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.
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