Risk and Asset Management Review Understanding the ISO 31000 and ISO 55000 Standards
About the Course
This three-day training program offers a thorough overview of the ISO55000 Asset Management and ISO 31000 Risk Management Standards. The long-term success of an organization relies on many things, from continually assessing and updating their strategies to optimizing their processes and equipment. As if this were not enough of a challenge, they also need to account for the unexpected in managing risk.
Key Learning Objectives
- Gain the Asset Management Knowledge required to become a Certified Asset Management Assessor (CAMA) from the World Partners in Asset Management (WPiAM)
- Identify the indicators and understand the benefits of integrating asset management processes and systems
- Acquire the knowledge to identify, analyze, and implement Risk Based Strategies
- Learn the principles of Asset Management, the requirements, and application of implementing an Asset Management System
- Demonstrate a comprehensive Asset Management System as a set of integrated technical and financial risk-based processes
- Apply strategic policies and plans to achieve Asset Management System best practices by integrating Risk Management with Organizational goals and objectives
Course outline
Day 1:
- Welcome / Introduction
- Fundamentals of ISO 31000:2018 – Risk Management
- Fundamentals of ISO 55000 – Asset Management
- ISO 31000:2018 Overview: provides guidelines on managing risk faced by organizations and a common approach to managing
Day 2
- ISO 55000 – Asset Management Overview: provides an overview of asset management, its principles and terminology, and the expected benefits from adopting asset management
- ISO 55001 – Asset Management Systems Requirements: specifies requirements for an asset management system within the context of the organization
Day 3
- ISO 55002 – Asset Management Systems – Guidelines: gives guidelines for the application of an asset management system, in accordance with the requirements of ISO 55001