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ISO 55001:2014  (ASM) Lead Auditor Course

ISO 55001:2014 (ASM) Lead Auditor Course

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Course Overview

HiQual UK delivers the ISO 55001:2014 (ASM) Lead Auditor Course, designed for professionals responsible for auditing and verifying Asset Management Systems. It emphasizes ISO 55001 requirements, lifecycle management, audit planning, risk‑based thinking, and continual improvement. Participants will gain the competence to conduct first‑, second‑, and third‑party audits, prepare organizations for certification, and ensure compliance with international asset management standards.

Qualification Details

Qualification Title ISO 55001:2014 (ASM) Lead Auditor Course
Total Credits 40
Guided Learning Hours 400
Qualification Time 400
  1. Introduction to ISO 55001:2014 and Asset Management Systems Scope, principles, and role of ASM in organizational performance.

  2. ISO 55001:2014 Requirements and Clauses Structure, mandatory documentation, and integration with organizational processes.

  3. Asset Lifecycle and Performance Management Planning, acquisition, operation, maintenance, and disposal of assets.

  4. Audit Principles and ISO 19011 Guidelines Audit types, principles, and auditor responsibilities.

  5. Audit Planning and Preparation Developing audit programs, checklists, and resource allocation.

  6. Conducting On‑Site Asset Management Audits Evidence collection, stakeholder interviews, and operational observations.

  7. Risk Assessment in Asset Management Auditing Identifying risks, evaluating controls, and applying risk‑based auditing.

  8. Audit Reporting and Documentation Writing audit reports, recording non‑conformities, and corrective actions.

  9. Continual Improvement in Asset Management Systems Corrective/preventive actions, monitoring, and embedding improvement culture.

  10. Certification Process and Lead Auditor Role Preparing organizations for ISO 55001 certification, managing audit teams, and leadership responsibilities.

  • Builds competence in auditing ISO 55001:2014 Asset Management Systems

  • Enhances compliance with ISO 55001 and ISO 19011 auditing standards

  • Strengthens skills in asset lifecycle management, risk assessment, and reporting

  • Provides tools for documentation, corrective actions, and continual improvement

  • Offers recognized certification to support careers in asset auditing, compliance, and consultancy

  • Asset managers and compliance officers

  • Auditors and consultants specializing in asset management systems

  • Risk management and operations professionals

  • Individuals progressing from ISO 55001:2014 Internal Auditor (ASIA‑515) or equivalent qualifications

  • Assessment Type: Written exam + audit simulation + project

  • Format: MCQs, essay‑style questions, applied audit scenarios, and project submission

  • Total Questions: 100 theory + 1 audit simulation + 1 project submission

  • Passing Score: 70%

  • Duration: 6–7 days (45–50 hours total)

  • Certification: ISO 55001:2014 (ASM) Lead Auditor (ASLA)

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