NB - This course will be delivered across 2 half days at 14:00-18:00 BST on 2nd & 3rd October 2024  

If not yet an IAM associate member you can save £90/$120/€108 per course by joining first for just £135/$200/€160 

Purpose and Scope

2 day virtual classroom

This course is for those wishing to understand how to interpret and apply a management system conforming to ISO 55001 in their business.

Summary content:

• A brief introduction to ISO 55001 and management systems.
• Introduces the concept of the ‘corporate journey’.
• Using ‘asset management system’ as a framework for applying good practice.
• Practical guidance on how to develop practical solutions for applying asset management in your business.

Candidates will be provided with a copy of The IAM System Application Guide which was developed by a cross-organizational team of experienced practitioners from multiple organizations and provides detailed support and further reading (more than 100 pages).

This course will be updated to remain in line with updates and revisions to ISO 55000, The GFMAM Landscape and the IAM Anatomy in 2024

Learning Objectives 

Upon completion of this course, delegates will:

Understand the concepts and development of a management system for asset management

• The evolution of ISO55001
• The benefits of having an Asset Management System
• The strengths and limitations of ISO55001

Understand the concepts of the corporate asset management journey

• Starting on the AM journey – management engagement
• Assessment against ISO 55001
• Developing an improvement program
• The need case

Be able to contribute to the development and application of an asset management system (AMS) in an organization

• What the specific requirements of an AMS are
• An introduction to developing an asset management manual
• The concept and purpose of the SAMP
• How the 39 subject area of asset management fit into a management system
• Documenting and AM system
• Integrating with other management systems
• Change management

This course will be delivered by The Woodhouse Academy on behalf of the Institute of Asset Management.