October 23, 2019, 9:35 pm

Introduction to ISO 55000

About this Course

Assetivity offers this training course as a detailed work-through of the main components of ISO 55001 for people who are leading development, implementation or maintenance of an organisation's asset management system.

Participants will gain a detailed insight into:

  • The structure and intent of the ISO 55000 series of standards
  • The four fundamentals underpinning asset management
  • The key elements and recommended structure for an asset management system
  • How to use the standards effectively
  • Additional tools and techniques to support the standards


Participants will be involved in class and group discussions facilitated by our course trainer.

Who Should Attend

This course is intended for personnel responsible for the development, implementation and operation of the asset management system. Typical attendees include:

  • Asset Management Specialists
  • Managers from the Maintenance, Operations/Production, Supply, Project and Finance/Business Departments
  • General Managers and other senior executives


Ideally, participants should be familiar with the basic concepts of asset management, having undertaken Assetivity's A1 – Introduction to Asset Management or equivalent training.

Learning Objectives

By the end of this course, delegates should (as a minimum) be able to:

  • Describe the structure and intent of the ISO 55000 series of standards
  • Describe the fundamentals of asset management
  • Describe the key elements of an ISO 55001 compliant asset management system
  • Select an appropriate level of application of ISO 55001 for a specific organisation
  • Provide examples of documents, tools and techniques required to implement an ISO 55001 compliant asset management system



This course is not formally assessed, though participants undertake case studies and exercises to ensure their new knowledge transfers into practical skills and the confidence to apply them in the workplace. If desired, assessment can be added to in-house courses.

Course Duration

1 Day

Course Brochure

A course brochure can be downloaded from here


Course Content


  • Outline the contents of the training package
  • Introductions to other participants and their roles in AM
  • Objectives of the training course
  • Gain an understanding of what is expected through the course

Overview of the Standards 

  • How did we get here? A short history of AM
  • And where exactly are we? Structure and content of the standards
  • Use and application (alignment, compliance or certification)


Principles and Terminology

  • Definitions
  • The Fundamentals of Asset Management
  • Asset Management and the Asset Management System
  • Key Elements of an Asset Management System


Requirements and Guidance  

  • The what and why for:
    • Context of the organisation
    • Leadership
    • Support
    • Operation
    • Performance Evaluation
    • Improvement
  • Additional tools and references



  • The certification standard
  • The ISO certification process
  • Transition from earlier standards

Course Summary

Course Cost

$850 (ex GST) per person. Discounts apply for multiple attendees from the same organisation, following early bird closure. Please download the course brochure for more information.


Upcoming Training Courses

Wednesday, 23 Oct 2019 - Thursday, 24 Oct 2019
Location: Melbourne

Monday, 11 Nov 2019 - Tuesday, 12 Nov 2019
Location: Brisbane

Wednesday, 13 Nov 2019
Location: Brisbane

Thursday, 14 Nov 2019
Location: Brisbane

Friday, 15 Nov 2019
Location: Brisbane

Monday, 18 Nov 2019 - Tuesday, 19 Nov 2019
Location: Perth

Wednesday, 20 Nov 2019 - Thursday, 21 Nov 2019
Location: Perth
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