Asset Integrity Management (ISO 55000/PAS 55) Training Course
- Duration
- 5 days
- CPD hours
- 15
- Language
- English
- Next date
- 19 Oct 2026
Overview
The Asset Integrity Management Training Course from Institute For Oil & Gas Training develops the practical capabilities required to manage asset integrity, improve equipment reliability, and protect the operational performance of oil and gas facilities throughout their lifecycle. The course integrates the principles of ISO 55000 training and PAS 55 asset management with the engineering, risk management, maintenance, and governance practices that support effective asset integrity systems across upstream, midstream, and downstream operations.
Oil and gas organisations operate complex asset portfolios that include offshore platforms, onshore production facilities, pipelines, processing plants, storage terminals, rotating equipment, pressure systems, and associated infrastructure. These assets face continuous operational demands, corrosion, mechanical deterioration, process hazards, ageing-related degradation, and changing production requirements. Maintaining their integrity requires more than routine maintenance or periodic inspection. It demands a coordinated asset management framework that connects business objectives with engineering decisions, operational risk, maintenance strategies, financial planning, and long-term investment priorities.
Asset integrity management establishes a structured approach to ensuring that physical assets remain suitable for their intended purpose throughout their operational lives. It brings together inspection planning, condition monitoring, reliability engineering, maintenance optimisation, risk-based prioritisation, performance measurement, and lifecycle decision-making. When these activities operate independently, organisations face gaps in accountability, inconsistent risk assessments, inefficient expenditure, and delayed intervention on deteriorating equipment. An integrated approach provides a stronger basis for identifying threats, prioritising corrective actions, and maintaining reliable operations.
The Asset Integrity Management Training Course addresses the management and technical skills gap between maintaining individual equipment items and governing the integrity of an entire asset portfolio. Participants examine how asset management principles translate into practical decisions involving asset criticality, degradation mechanisms, maintenance requirements, operational risk, and capital investment. The programme also explores how ISO 55000 principles support organisational alignment, while the historical PAS 55 framework provides useful context for understanding the development of structured asset management practices.
For oil and gas operators, asset integrity is directly connected to process safety, production continuity, environmental protection, maintenance expenditure, and the management of operational liabilities. Equipment failures can disrupt production, increase repair costs, expose personnel to hazards, and create environmental consequences. Effective asset integrity systems help organisations identify these exposures systematically and allocate resources according to asset condition, failure consequences, and business priorities.
Delivered by Institute For Oil & Gas Training, this programme focuses on practical management techniques that professionals can apply to operating facilities, maintenance programmes, engineering projects, and asset investment decisions. It examines the relationship between asset integrity and enterprise asset management, helping participants establish consistent processes for managing asset information, assessing risk, monitoring performance, and improving lifecycle outcomes.
The course also considers the organisational dimensions of asset management. Effective systems require clear responsibilities, reliable technical information, competent personnel, consistent procedures, and management oversight. Participants explore the importance of integrating operations, maintenance, engineering, inspection, procurement, finance, and health, safety and environmental functions into a common asset management approach.
By the end of the programme, participants will have a clearer understanding of how to establish asset integrity priorities, evaluate asset management performance, strengthen maintenance and inspection decisions, and align technical activities with organisational objectives. The knowledge gained supports the development and continuous improvement of an asset management framework suited to the operational demands of the oil and gas industry.
Objectives
Explain the principles, objectives, and organisational value of asset integrity management throughout the asset lifecycle.
Interpret the asset management principles established by the ISO 55000 series and understand the historical contribution of PAS 55.
Develop an integrated asset management framework aligned with organisational objectives, operational requirements, and risk exposure.
Identify major asset integrity threats, including corrosion, fatigue, erosion, mechanical degradation, obsolescence, and operational misuse.
Apply asset criticality and risk assessment principles to prioritise maintenance, inspection, monitoring, and remedial actions.
Evaluate the relationship between asset integrity, reliability engineering, maintenance management, and process safety.
Assess the effectiveness of asset registers, technical documentation, maintenance histories, and asset information management processes.
Understand the role of risk-based inspection and condition monitoring in identifying deterioration and managing equipment failure risks.
Establish appropriate asset performance indicators and management reporting practices.
Evaluate lifecycle costs, maintenance expenditure, replacement priorities, and capital investment requirements.
Strengthen collaboration between engineering, inspection, operations, maintenance, finance, and management teams.
Identify weaknesses in existing asset integrity systems and formulate structured improvement recommendations.
Support continuous improvement through performance reviews, audits, corrective actions, and management oversight.
Apply asset management principles to improve equipment availability, operational continuity, resource utilisation, and risk control.
Training methodology
Institute For Oil & Gas Training delivers this course through a structured, business-focused approach that combines technical explanation, management analysis, practical exercises, and industry-relevant scenarios. The methodology connects recognised asset management principles with the decisions that professionals make when operating, maintaining, inspecting, and investing in oil and gas assets.
Industry-Based Case Studies
Participants examine realistic scenarios involving ageing equipment, recurring failures, inspection backlogs, corrosion threats, maintenance constraints, and competing capital expenditure requirements. These case studies demonstrate how asset integrity weaknesses develop and how structured management processes help organisations identify and control them.
The analysis focuses on the relationship between equipment condition, operational risk, maintenance history, production requirements, and the consequences of failure. Participants assess available information, identify weaknesses in existing arrangements, and develop practical recommendations for improving asset integrity.
Asset Criticality and Risk Assessment Exercises
Practical exercises introduce participants to asset criticality assessment and risk-based prioritisation. Participants consider failure likelihood, consequence severity, equipment function, production dependency, safety exposure, and environmental impact when determining which assets require greater management attention.
These activities demonstrate how organisations establish consistent priorities across different equipment types and operational areas. They also illustrate how risk assessment supports inspection planning, maintenance scheduling, resource allocation, and management decisions.
Asset Lifecycle Management Scenarios
Participants evaluate asset management decisions across acquisition, design, commissioning, operation, maintenance, modification, and decommissioning. The exercises explore how early engineering decisions influence future inspection requirements, maintenance costs, reliability, and asset performance.
Lifecycle scenarios help participants understand why asset integrity begins before equipment enters service and continues throughout its operational life. They also demonstrate the importance of retaining accurate technical information and incorporating operating experience into future investment decisions.
Group Discussions and Collaborative Problem-Solving
Group activities examine the responsibilities of engineering, operations, maintenance, inspection, procurement, finance, and management teams. Participants discuss common organisational challenges, including unclear ownership, incomplete asset registers, inconsistent risk criteria, and competing departmental priorities.
These discussions encourage a coordinated approach to asset management and highlight the importance of establishing clear decision-making responsibilities. Participants develop recommendations that balance technical requirements with operational realities and commercial objectives.
Performance Measurement and Improvement Planning
Participants explore asset integrity indicators, maintenance performance measures, inspection effectiveness, failure trends, and management reporting practices. Exercises focus on interpreting performance information and identifying areas where intervention produces meaningful operational improvements.
The methodology emphasises the difference between measuring activity and measuring effectiveness. Participants consider how performance indicators support management decisions, reveal emerging risks, and demonstrate progress against asset management objectives.
Application to Workplace Responsibilities
Throughout the programme, participants relate course concepts to their own organisational responsibilities. They assess existing processes, identify opportunities for improvement, and develop practical actions for strengthening asset integrity systems.
This application-led approach enables participants to translate the principles of ISO 55000 training and PAS 55 asset management into structured management practices. It supports consistent decision-making, improved collaboration, and more effective use of technical and financial resources.
Organisational impact
Effective asset integrity management provides oil and gas organisations with a structured basis for controlling technical risks, protecting physical assets, and improving the commercial performance of their operations. The techniques covered by Institute For Oil & Gas Training help sponsoring organisations strengthen the consistency and effectiveness of their asset management practices.
Improved Equipment Reliability and Availability
A systematic approach to asset integrity helps organisations identify deteriorating equipment, recurring failures, and weaknesses in maintenance arrangements. Integrating inspection findings, condition monitoring, and maintenance histories provides a stronger basis for identifying equipment that requires intervention.
Organisations can use these insights to reduce avoidable equipment failures, improve maintenance planning, and support more dependable production operations. Performance can be evaluated through indicators such as equipment availability, unplanned downtime, repeat failures, and maintenance backlog.
Stronger Operational Risk Management
Asset criticality assessment and risk-based prioritisation help management direct attention towards equipment with the greatest potential consequences of failure. This approach improves the visibility of safety-critical equipment, high-consequence process systems, and assets that represent significant environmental or production risks.
Organisations gain a clearer understanding of asset integrity exposures and a more consistent basis for allocating inspection, maintenance, and engineering resources. These processes support risk reduction but do not replace the need for appropriate engineering controls, competent personnel, or applicable statutory obligations.
More Effective Maintenance Expenditure
Maintenance programmes require a balance between asset condition, failure consequences, equipment availability, and available resources. Asset management principles help organisations distinguish between activities that provide meaningful risk reduction and those that require reassessment.
Improved prioritisation supports more disciplined maintenance budgeting, better planning of corrective work, and more informed decisions concerning repair, refurbishment, and replacement. Management can monitor the results through maintenance cost trends, backlog ageing, repeat work, and the proportion of planned versus unplanned maintenance.
Better Lifecycle Investment Decisions
Asset integrity information supports decisions about equipment upgrades, refurbishment, replacement, and continued operation. A lifecycle perspective enables organisations to consider acquisition costs alongside maintenance requirements, operating performance, failure exposure, and end-of-life obligations.
This approach improves the quality of capital planning and strengthens the evidence supporting asset investment decisions. It also helps management compare immediate repair expenditure with longer-term reliability and lifecycle cost considerations.
Improved Governance and Accountability
An effective asset management framework establishes clear responsibilities, consistent processes, documented decisions, and appropriate management oversight. The course examines how organisations connect asset management objectives with departmental responsibilities and operational performance requirements.
These practices support stronger accountability for asset condition, maintenance priorities, risk treatment, and improvement actions. They also provide a clearer basis for management reviews and internal assurance activities.
More Consistent Technical Information
Asset integrity decisions depend on accurate asset registers, engineering drawings, inspection records, equipment histories, and maintenance documentation. Weak information management creates uncertainty and reduces the effectiveness of technical assessments.
The course highlights the importance of data quality, information ownership, documentation control, and consistent reporting. Better information supports more reliable risk assessments, more effective planning, and improved communication across operational functions.
Stronger Audit Readiness and Standards Alignment
Understanding the ISO 55000 series helps organisations evaluate how their asset management arrangements align with recognised asset management principles. The course also places PAS 55 in its historical context and explains its relevance to the development of modern asset management practices.
Participants gain a clearer understanding of management system documentation, performance evaluation, risk-based decision-making, and continual improvement. These capabilities support internal assurance and management reviews, while formal conformity or certification requires separate assessment against the applicable requirements.
Improved Cross-Functional Coordination
Asset integrity performance depends on coordinated decisions across operations, maintenance, engineering, inspection, procurement, and finance. A shared framework helps departments work towards common objectives and resolve competing priorities more effectively.
Improved coordination supports clearer work planning, more timely responses to equipment deterioration, and better alignment between technical requirements and financial resources.
Personal impact
The Asset Integrity Management Training Course develops the technical understanding and management capabilities that professionals need to contribute effectively to asset-intensive oil and gas operations.
Stronger Asset Management Knowledge
Participants develop a structured understanding of asset integrity management and its relationship with reliability, maintenance, inspection, risk management, and business performance. They learn how asset management principles guide decisions throughout the asset lifecycle.
This knowledge supports professionals who are expanding their responsibilities from individual equipment systems towards facility-wide or portfolio-level asset management.
Improved Risk-Based Decision-Making
Participants strengthen their ability to assess asset criticality, interpret deterioration information, evaluate failure consequences, and prioritise interventions. They gain a more consistent approach to deciding which risks require immediate action and which require planned monitoring or further engineering assessment.
These capabilities improve the quality of technical recommendations and help professionals explain the operational and commercial implications of their decisions.
Better Maintenance and Inspection Planning
The course helps participants understand how asset condition, equipment history, risk exposure, and operational requirements influence maintenance and inspection strategies. They learn to evaluate maintenance priorities in relation to asset integrity objectives rather than treating maintenance activities as isolated tasks.
This perspective supports more effective work planning and improved coordination with inspection, operations, and engineering teams.
Greater Commercial and Lifecycle Awareness
Participants develop a clearer understanding of how asset integrity decisions affect operating expenditure, capital investment, production continuity, and long-term asset value. They examine the financial and operational implications of repair, replacement, refurbishment, and continued operation.
This broader perspective helps technical professionals contribute more effectively to management discussions and investment planning.
Improved Performance Reporting
Participants learn to interpret asset performance information and distinguish meaningful indicators from measures that simply record activity. They develop an understanding of how failure trends, maintenance backlog, equipment availability, and corrective action status support management oversight.
These skills improve their ability to communicate technical issues, present evidence-based recommendations, and contribute to continuous improvement initiatives.
Enhanced Professional Capability
The programme supports professionals seeking greater responsibility in asset integrity, maintenance management, reliability engineering, inspection coordination, and asset management governance. It strengthens the ability to connect technical evidence with organisational priorities and communicate recommendations across departments.
Participants also gain a stronger foundation for contributing to asset management system development and improvement initiatives. The course builds professional capability without representing a formal professional licence or third-party certification.
Who should attend
Asset Integrity Managers and Engineers: Strengthen asset integrity strategies, risk assessment practices, performance monitoring, and improvement planning.
Asset Managers and Asset Portfolio Leaders: Align asset performance, lifecycle costs, and investment priorities with organisational objectives.
Maintenance Managers and Supervisors: Improve maintenance prioritisation, backlog management, reliability performance, and coordination with inspection teams.
Reliability Engineers: Integrate failure analysis, equipment criticality, reliability improvement, and asset management principles.
Inspection Engineers and Inspectors: Understand how inspection findings support risk-based decisions, integrity assessments, and remedial planning.
Corrosion Engineers and Materials Specialists: Connect corrosion management and material degradation assessments with broader asset integrity priorities.
Mechanical, Electrical, and Instrumentation Engineers: Apply asset management principles to equipment condition, maintenance requirements, technical risk, and lifecycle decisions.
Operations Managers and Production Supervisors: Improve understanding of asset condition, operating risk, production continuity, and equipment performance.
Process Safety and HSE Professionals: Strengthen coordination between asset integrity management, safety-critical equipment, and operational risk control.
Project and Engineering Managers: Incorporate lifecycle considerations, maintainability, reliability, and integrity requirements into project decisions.
Facilities and Pipeline Managers: Improve asset performance oversight across processing facilities, transportation networks, terminals, and associated infrastructure.
Technical Assurance and Audit Professionals: Develop a stronger understanding of asset management controls, documented processes, performance evaluation, and improvement planning.
Procurement and Supply Chain Professionals: Understand how equipment specifications, supplier information, spare parts availability, and obsolescence affect lifecycle performance.
Capital Planning and Finance Professionals: Improve their understanding of asset lifecycle expenditure, replacement priorities, and the financial implications of integrity-related decisions.
Senior Technical Professionals and Department Heads: Strengthen cross-functional governance, resource allocation, and management oversight of asset integrity programmes.
Course outline
This module establishes the foundations of asset integrity management within the oil and gas sector. It examines how organisations connect asset management objectives with operational performance, risk exposure, reliability requirements, and business priorities. Participants explore the relationship between asset integrity and the wider asset lifecycle, from initial acquisition and design through operation, modification, and decommissioning.
The module introduces ISO 55000 training principles and explains the contribution of PAS 55 asset management to the development of structured asset management practices. Particular attention is given to establishing an asset management framework that defines responsibilities, supports consistent decisions, and integrates technical requirements with business objectives.
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ISO 55000
Establishes the foundational concepts, terminology, and principles of asset management.
Explains how asset management supports organisational objectives and the realisation of value from assets.
Provides a common basis for understanding asset management systems and lifecycle decision-making.
Supports alignment between asset management policies, strategic objectives, and operational activities.
Helps organisations establish consistent terminology and governance across asset-intensive functions.
Learning Outcomes
Explain the purpose and scope of asset integrity management in oil and gas operations.
Describe the relationship between asset integrity and enterprise asset management.
Interpret the core principles of the ISO 55000 series.
Explain the historical role of PAS 55 in modern asset management.
Identify the principal components of an effective asset management framework.
Evaluate the importance of governance, accountability, and strategic alignment.
Identify initial opportunities to strengthen existing asset integrity arrangements.
This module focuses on identifying asset integrity threats and evaluating their operational, safety, environmental, and commercial consequences. Participants examine how equipment criticality, failure likelihood, degradation mechanisms, and operating conditions influence asset management priorities.
The module develops a risk-based approach to resource allocation, helping participants distinguish high-consequence assets from equipment requiring routine management. It also examines how organisations integrate engineering judgement, inspection information, operating experience, and risk assessment into decisions concerning maintenance, monitoring, and corrective action.
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ISO 31000
Provides principles and guidance for establishing and implementing risk management.
Supports structured identification, analysis, evaluation, treatment, and monitoring of risk.
Encourages the integration of risk management into governance and decision-making.
Helps organisations evaluate risks in the context of their objectives and operating environment.
Provides a general risk management framework rather than equipment-specific integrity requirements.
Learning Outcomes
Identify common asset integrity threats across oil and gas facilities.
Apply asset criticality principles to equipment prioritisation.
Explain how failure likelihood and consequence influence integrity decisions.
Assess the operational and commercial significance of equipment deterioration.
Structure an asset integrity risk register and prioritised action list.
Identify appropriate risk treatment measures and escalation requirements.
Explain how risk assessment supports inspection, maintenance, and investment planning.
This module examines the technical and operational processes that support equipment integrity throughout its service life. Participants explore how inspection planning, condition monitoring, maintenance strategies, and reliability analysis work together to identify deterioration and prevent avoidable failures.
The module emphasises the importance of using asset condition information to guide interventions. It also examines how maintenance strategies align with asset criticality, operating conditions, equipment history, and failure consequences. Participants consider the practical relationship between planned maintenance, corrective work, reliability improvement, and the management of inspection findings.
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ISO 14224
Establishes a framework for collecting and exchanging reliability and maintenance data for equipment in the petroleum, petrochemical, and natural gas industries.
Supports consistent equipment classification and data collection practices.
Provides a basis for analysing equipment failures, maintenance activities, and reliability performance.
Helps organisations compare maintenance experience and identify recurring failure patterns.
Supports evidence-based reliability improvement and asset management decisions.
Learning Outcomes
Explain how inspection, maintenance, and reliability processes support asset integrity.
Identify suitable maintenance approaches for different asset criticality levels.
Interpret the role of condition monitoring in detecting equipment deterioration.
Explain how failure analysis supports maintenance and reliability improvement.
Evaluate inspection findings and establish appropriate follow-up actions.
Identify weaknesses in maintenance planning and backlog management.
Use maintenance and reliability information to support equipment performance decisions.
This module examines how organisations manage asset information, evaluate performance, and make lifecycle decisions that balance technical requirements with commercial priorities. Participants explore the role of accurate asset registers, equipment histories, engineering documentation, and performance indicators in maintaining a reliable view of asset condition and integrity exposure.
The module also addresses lifecycle costing, capital planning, refurbishment, replacement, and obsolescence. Participants examine how management teams use asset performance information to prioritise expenditure, assess improvement opportunities, and support informed decisions across operating facilities and asset portfolios.
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ISO 55001
Specifies requirements for an asset management system.
Supports the establishment of asset management policies, objectives, and processes.
Addresses planning, operational control, performance evaluation, and continual improvement.
Helps organisations integrate asset management decisions with strategic and operational objectives.
Provides the requirements framework for organisations pursuing asset management system conformity.
Learning Outcomes
Identify the asset information needed to support integrity management decisions.
Explain how data quality affects inspection, maintenance, and risk assessment.
Select relevant performance indicators for asset integrity oversight.
Interpret asset performance trends and identify areas requiring intervention.
Evaluate lifecycle cost considerations in repair and replacement decisions.
Explain how capital planning connects with asset condition and operational risk.
Identify improvements to asset registers, documentation, and management reporting.
This module brings together the technical and management principles covered throughout the programme. It examines how organisations establish accountability, monitor asset management performance, evaluate the effectiveness of controls, and maintain a systematic improvement process.
Participants explore asset management system reviews, internal audits, corrective action management, competence requirements, and management reporting. The module also considers how organisations translate risk assessments and performance findings into improvement plans with clear ownership and measurable objectives.
The emphasis is on developing an integrated approach that connects asset integrity policy, operational implementation, management assurance, and long-term business performance.
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ISO 55002
Provides guidance on applying the requirements of ISO 55001 to asset management systems.
Supports the interpretation and implementation of asset management system processes.
Helps organisations translate asset management requirements into practical arrangements.
Addresses the integration of asset management with organisational planning and operational activities.
Supports a structured approach to system implementation, evaluation, and improvement.
Learning Outcomes
Explain the governance arrangements required for effective asset integrity management.
Identify responsibilities for managing, monitoring, and improving asset integrity performance.
Evaluate the role of audits, management reviews, and corrective actions.
Identify gaps between existing asset management practices and intended objectives.
Develop practical improvement recommendations based on risk and performance evidence.
Establish appropriate measures for tracking asset integrity improvement actions.
Explain how management oversight supports continual improvement and lifecycle value.
Certificate
Upon successful completion of the Asset Integrity Management Training Course, attendees receive a Certificate of Completion from Institute For Oil & Gas Training.
The certificate recognises attendance and completion of the training programme. Attendees must meet the institute's attendance requirement and participate in the scheduled course activities to qualify for the certificate.
The Certificate of Completion confirms participation in the training course. It does not constitute ISO certification, an accredited professional qualification, or independent certification of an organisation's asset management system.
Course dates
Fees include tuition, course materials and refreshments. Need different dates or a different city? Ask about your preferred date.
Frequently asked questions
What is covered in the Asset Integrity Management Training Course?
The course covers asset integrity principles, ISO 55000 training, PAS 55 asset management, asset criticality, risk assessment, inspection planning, maintenance and reliability management, lifecycle costing, performance measurement, asset information management, governance, and continuous improvement. It connects these subjects with the operational and commercial requirements of oil and gas organisations.
Who should attend this asset integrity training course?
The programme is designed for asset integrity managers, asset managers, reliability engineers, maintenance professionals, inspection engineers, corrosion specialists, operations managers, process safety professionals, project managers, and technical assurance personnel. It also benefits senior professionals responsible for asset investment, performance oversight, and lifecycle management.
How is the course delivered?
Institute For Oil & Gas Training uses industry-based case studies, practical exercises, risk assessment scenarios, group discussions, and performance analysis. The delivery approach connects asset management concepts with real operational challenges, enabling participants to apply the principles to equipment reliability, maintenance priorities, risk control, and lifecycle planning.
How long is the Asset Integrity Management Training Course?
The course duration is 15 to 20 hours in total. The programme is organised into five modules covering asset management fundamentals, risk assessment, inspection and reliability, lifecycle planning and performance measurement, and governance and continuous improvement. The schedule and delivery arrangements are confirmed by Institute For Oil & Gas Training.
Does the course provide an ISO 55000 or PAS 55 certification?
No. The programme provides professional training in asset integrity management and recognised asset management principles. Attendees who meet the institute's attendance requirement receive a Certificate of Completion from Institute For Oil & Gas Training. This certificate is not an ISO certification, third-party accredited qualification, or independent certification of an asset management system.
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Asset Integrity Management (ISO 55000/PAS 55) Training Cours...
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Next: 19 Oct 2026
4 dates available