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Institute For Oil & Gas Training
OGI-1238 New

ISO 55000 Asset Integrity Training Course

Duration
5 days
CPD hours
15
Language
English
Next date
19 Oct 2026
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Overview

The ISO 55000 Asset Integrity Training Course from Institute For Oil & Gas Training equips oil and gas professionals with the practical knowledge to align asset integrity management with the ISO 55000 standard and establish effective asset management systems across complex operational environments. The course focuses on integrating asset integrity framework principles, risk-based decision-making, and asset lifecycle management into organisational strategies that protect physical assets, improve operational reliability, and support sustainable business performance.

Oil and gas organisations operate asset-intensive facilities where equipment reliability, structural integrity, process safety, maintenance effectiveness, and capital investment decisions directly influence operational continuity. Upstream production facilities, offshore platforms, pipelines, refineries, petrochemical plants, storage terminals, and associated infrastructure depend on coordinated asset management practices to maintain safe and reliable operations throughout the lifecycle of their equipment and facilities. Inadequate asset management arrangements create challenges in prioritising maintenance, controlling degradation, managing ageing infrastructure, allocating capital expenditure, and maintaining visibility over operational risks.

The ISO 55000 standard provides internationally recognised principles and terminology for asset management. It establishes a strategic foundation for organisations seeking to derive value from their assets throughout their lifecycle. Within the oil and gas sector, these principles support the integration of engineering requirements, maintenance strategies, financial planning, operational objectives, and risk management into a coherent management approach. Understanding how these principles connect with asset integrity activities enables organisations to move beyond reactive maintenance towards planned, risk-informed, and performance-driven asset management.

The ISO 55000 Asset Integrity Training Course addresses the skills gap between traditional maintenance and inspection activities and the broader management systems required to govern asset performance. Asset integrity teams frequently concentrate on individual equipment items, inspection findings, maintenance backlogs, and immediate operational concerns. However, sustainable integrity performance also requires lifecycle planning, documented decision-making, clear accountability, performance measurement, and alignment between engineering priorities and organisational objectives.

Institute For Oil & Gas Training delivers this course to strengthen participants' ability to apply asset management principles within existing engineering and operational arrangements. Participants examine the relationship between ISO 55000 terminology, asset management systems, integrity assurance, maintenance planning, risk evaluation, and organisational governance. They learn to connect asset condition information with investment decisions and operational priorities while maintaining appropriate consideration of safety, reliability, cost, and long-term asset value.

The programme also explores how an asset integrity framework supports consistent decision-making across multiple facilities, asset classes, and operational departments. Participants consider the importance of asset registers, criticality assessments, maintenance strategies, inspection programmes, degradation monitoring, performance indicators, and management reviews. These elements help organisations establish a clearer understanding of asset condition, operational exposure, resource requirements, and improvement priorities.

A central focus is the relationship between asset lifecycle management and business performance. Decisions made during asset acquisition, design, commissioning, operation, maintenance, modification, and decommissioning influence long-term integrity outcomes. The course demonstrates how lifecycle thinking supports the evaluation of total ownership costs, maintenance requirements, residual risks, replacement decisions, and capital investment priorities.

The course also examines the relationship between ISO 55000 principles and other recognised engineering, safety, reliability, and risk management standards. This enables participants to understand how asset management governance complements established technical controls without confusing the purpose of individual standards or treating ISO 55000 as a substitute for equipment-specific integrity requirements.

By the end of the programme, participants will be better equipped to evaluate existing asset management arrangements, identify weaknesses in integrity governance, establish meaningful performance measures, and contribute to practical improvement plans. Institute For Oil & Gas Training positions this programme for professionals responsible for maintaining the integrity, availability, reliability, and commercial value of oil and gas assets throughout their operational lives.

Objectives

  • Explain the purpose, principles, terminology, and organisational relevance of the ISO 55000 standard.

  • Distinguish asset management principles from individual maintenance, inspection, and equipment integrity activities.

  • Interpret the relationship between asset management policy, organisational objectives, operational strategy, and engineering priorities.

  • Evaluate the essential components of effective asset management systems within oil and gas organisations.

  • Develop an understanding of how an asset integrity framework supports governance, accountability, risk control, and performance improvement.

  • Apply asset lifecycle management principles to acquisition, design, commissioning, operation, maintenance, modification, and decommissioning decisions.

  • Identify asset criticality factors and use risk information to support maintenance, inspection, and investment prioritisation.

  • Evaluate the quality and suitability of asset registers, equipment histories, inspection records, and maintenance information.

  • Examine how asset degradation, equipment failure, and maintenance deficiencies affect operational reliability and business continuity.

  • Assess the contribution of risk-based maintenance and inspection strategies to asset integrity objectives.

  • Identify appropriate performance indicators for monitoring asset condition, maintenance effectiveness, and management system performance.

  • Recognise opportunities to integrate engineering, operational, financial, and risk management information into asset-related decisions.

  • Evaluate management system gaps and establish priorities for continuous improvement.

  • Strengthen coordination between asset owners, engineering teams, maintenance departments, inspection personnel, and senior management.

  • Prepare practical recommendations for improving asset integrity governance and supporting long-term asset value.

Training methodology

Institute For Oil & Gas Training applies an industry-focused delivery approach that connects ISO 55000 principles with the operational realities of asset-intensive oil and gas businesses. The methodology combines structured technical presentations, practical case studies, scenario-based exercises, group discussions, and guided management assessments. Each activity reinforces the connection between strategic asset management requirements and the engineering decisions that influence asset integrity performance.

Industry-based case studies examine situations involving ageing equipment, recurring failures, deferred maintenance, deteriorating pipelines, inspection backlogs, and competing capital investment requirements. Participants assess how asset management principles improve the identification of underlying weaknesses and support more consistent prioritisation of corrective actions. These cases demonstrate the consequences of fragmented asset information and the benefits of coordinated decision-making.

Asset lifecycle scenarios explore decisions made at different stages of an asset's operational life. Participants consider how design choices, procurement specifications, commissioning records, maintenance strategies, operational changes, and decommissioning requirements influence long-term integrity. The exercises emphasise the importance of retaining asset knowledge and evaluating whole-life costs rather than making decisions solely on immediate expenditure.

Risk-based assessment exercises introduce practical methods for prioritising asset management activities according to criticality, condition, failure consequences, and operational exposure. Participants examine how risk information supports inspection planning, maintenance scheduling, repair prioritisation, and investment decisions. The exercises reinforce the importance of using reliable information and documented criteria when allocating limited resources.

Management system evaluation activities enable participants to review representative asset management policies, responsibilities, processes, performance indicators, and improvement arrangements. They identify gaps between intended management practices and actual operational implementation. This approach helps translate the ISO 55000 standard into practical considerations for organisational governance and continuous improvement.

Group problem-solving sessions bring together perspectives from engineering, operations, maintenance, inspection, finance, and management. Participants evaluate scenarios in which departmental objectives compete for resources or produce inconsistent priorities. Collaborative discussion highlights the importance of clear accountability, reliable communication, and shared performance objectives within an integrated asset management system.

Performance measurement workshops focus on selecting indicators that provide meaningful information about asset integrity and management effectiveness. Participants distinguish between activity-based measures, such as completed inspections, and outcome-oriented indicators, such as overdue critical maintenance, repeat failures, and unresolved high-risk findings. They consider how leading and lagging indicators contribute to management oversight.

Action planning exercises allow participants to translate course concepts into improvement priorities relevant to their organisations. They consider existing processes, information availability, operational constraints, responsibilities, and management support. The resulting plans provide a structured basis for reviewing asset integrity arrangements and identifying opportunities for better alignment with asset management principles.

This methodology supports practical application rather than theoretical familiarity alone. By working through realistic operational challenges, participants develop a clearer understanding of how to apply asset management principles to engineering decisions, operational controls, financial planning, and organisational performance.

Organisational impact

Implementing the principles covered in the ISO 55000 Asset Integrity Training Course helps oil and gas organisations establish a structured approach to managing physical assets and controlling integrity-related risks. Improved processes, consistent decision-making, clear accountability, and effective use of operational information support stronger asset performance, operational reliability, and long-term business value.

Improved Asset Integrity Governance

A clearly defined asset integrity framework connects corporate objectives, engineering requirements, maintenance activities, and operational responsibilities. Organisations gain a consistent basis for reviewing asset condition, assigning corrective actions, escalating significant risks, and monitoring performance across facilities. Effective governance also helps management identify gaps between documented procedures and actual operational practices.

Better Maintenance Prioritisation

Risk-informed asset management enables organisations to prioritise maintenance and inspection according to equipment criticality, failure consequences, degradation mechanisms, and operational requirements. This approach improves resource allocation and helps teams distinguish urgent integrity threats from routine maintenance activities. Monitoring overdue maintenance, recurring failures, and unresolved inspection findings provides a clearer basis for evaluating maintenance effectiveness.

More Informed Capital Investment

Asset lifecycle management supports investment decisions by considering long-term performance, maintenance obligations, operating expenditure, replacement requirements, and potential failure consequences. Organisations can compare repair, refurbishment, replacement, and life-extension options through a structured decision-making process. This strengthens investment recommendations and aligns capital expenditure with business priorities and asset-related risks.

Enhanced Operational Reliability

Consistent asset information and coordinated maintenance strategies improve the identification of recurring failures and deterioration trends. Organisations can use this information to investigate persistent problems, review preventive maintenance requirements, and prioritise engineering improvements. These decisions support equipment availability and reduce avoidable operational disruptions associated with poorly managed asset conditions.

Stronger Safety and Risk Management

Asset integrity failures can result in hydrocarbon releases, fires, environmental damage, equipment destruction, and harm to personnel. A structured asset management approach reinforces the identification and management of asset-related risks throughout the lifecycle. Connecting inspection findings, maintenance decisions, engineering assessments, and management oversight strengthens the processes used to identify and address integrity threats.

Improved Management of Ageing Assets

Oil and gas facilities frequently face challenges associated with ageing infrastructure, changing production requirements, and increasing maintenance demands. Systematic lifecycle reviews help organisations evaluate deterioration, maintenance history, operating conditions, modification requirements, and replacement priorities. These assessments provide a stronger basis for decisions concerning continued operation, refurbishment, life extension, or decommissioning.

More Effective Performance Monitoring

Defined asset management indicators enable organisations to evaluate whether policies and procedures achieve their intended objectives. Management teams can monitor maintenance backlogs, equipment failure trends, inspection completion, risk closure, and the effectiveness of improvement actions. Consistent reporting improves visibility across departments and supports evidence-based management reviews.

Better Alignment Between Departments

Effective asset management requires coordinated contributions from engineering, operations, maintenance, inspection, procurement, finance, and risk management. A shared management framework establishes common objectives and improves communication between teams. This reduces fragmented decision-making and supports the resolution of competing priorities through documented risk assessments and value-based evaluations.

Improved Audit Readiness and Management Accountability

Documented policies, responsibilities, asset information, decision criteria, and performance reviews support transparent management oversight. These practices help organisations demonstrate how asset-related decisions are made and how identified weaknesses are addressed. The course develops the understanding required to strengthen asset management processes and support assurance activities without guaranteeing certification or regulatory compliance.

Greater Efficiency in Asset Information Management

Reliable asset records reduce uncertainty when evaluating maintenance requirements, equipment condition, and replacement priorities. Organisations benefit from improved consistency in asset registers, work histories, inspection findings, and engineering documentation. Better information quality supports dependable analysis, more effective reporting, and informed decision-making across the asset lifecycle.

Personal impact

The ISO 55000 Asset Integrity Training Course develops participants' understanding of asset integrity as a management responsibility that extends beyond individual engineering and maintenance activities. Participants strengthen their ability to connect technical information with operational performance, risk exposure, asset lifecycle requirements, and organisational objectives.

Stronger Understanding of ISO 55000

Participants gain a practical understanding of the ISO 55000 standard and its application within asset-intensive organisations. They develop confidence in discussing asset management terminology, management system principles, lifecycle considerations, and organisational responsibilities with technical and non-technical stakeholders.

Improved Integrity Assessment Capabilities

The course strengthens participants' ability to review asset condition information, identify management weaknesses, evaluate risk priorities, and recognise opportunities for improvement. These capabilities support structured assessments of existing integrity programmes and help participants determine how asset management practices contribute to operational objectives.

Better Risk-Based Decision-Making

Participants learn to evaluate the relationship between equipment criticality, failure consequences, maintenance requirements, and investment priorities. They develop a systematic approach to presenting recommendations, explaining technical considerations, and supporting integrity-related decisions with relevant operational information.

Enhanced Lifecycle Management Knowledge

Understanding asset lifecycle management enables participants to assess the long-term consequences of decisions made during procurement, design, commissioning, operation, modification, and retirement. This broadens their perspective beyond immediate maintenance requirements and supports commercially informed engineering decisions that account for long-term asset performance and expenditure.

Improved Cross-Functional Communication

Participants strengthen their ability to communicate asset integrity priorities to management, operations, finance, maintenance, and engineering teams. They learn to explain the operational and financial implications of unresolved risks, deferred maintenance, and proposed asset improvements through clear evidence and structured reasoning. These communication skills support more effective collaboration and alignment across departments.

Greater Competence in Performance Monitoring

Participants develop a stronger understanding of how to select and interpret asset management indicators. They become more capable of identifying meaningful trends, distinguishing activities from outcomes, and contributing to management reports that support operational and strategic decisions. This knowledge helps them evaluate maintenance effectiveness and identify areas requiring corrective action.

Stronger Contribution to Continuous Improvement

The course equips participants to identify gaps in existing asset management practices and recommend practical improvement measures. They develop a structured approach to reviewing responsibilities, information quality, performance indicators, and management controls. These capabilities support more consistent implementation of improvement initiatives and better alignment with organisational asset management objectives.

Professional Development Opportunities

The knowledge gained supports professionals working in asset integrity, reliability engineering, maintenance management, inspection, operations, engineering assurance, and asset management. Participants strengthen their ability to contribute to cross-functional projects, management reviews, asset performance initiatives, and lifecycle planning activities. Upon completion, attendees receive a Certificate of Completion from Institute For Oil & Gas Training, recognising their participation in the professional development programme rather than providing a professional licence or ISO auditor qualification.

Who should attend

  • Asset Integrity Managers: Strengthen the integration of integrity programmes with organisational asset management policies, risk controls, and performance objectives.

  • Asset Management Managers: Improve understanding of ISO 55000 principles and their application to asset management systems and lifecycle planning.

  • Reliability Engineers: Connect failure analysis, reliability improvement, and maintenance strategies with wider asset performance objectives.

  • Maintenance Managers and Superintendents: Improve maintenance prioritisation, resource allocation, performance monitoring, and alignment with asset criticality.

  • Inspection Engineers and Inspectors: Understand how inspection findings contribute to asset risk assessments, integrity decisions, and lifecycle management.

  • Corrosion Engineers and Specialists: Relate corrosion monitoring, degradation assessment, and mitigation activities to the wider asset integrity framework.

  • Mechanical, Electrical, and Instrumentation Engineers: Strengthen the alignment of equipment management practices with organisational integrity and lifecycle requirements.

  • Pipeline Integrity Engineers: Apply asset management principles to pipeline condition monitoring, inspection planning, repair prioritisation, and long-term integrity decisions.

  • Operations Managers and Production Superintendents: Improve coordination between operating requirements, equipment condition, maintenance priorities, and operational risk.

  • Facilities and Plant Managers: Establish a broader understanding of asset performance, lifecycle expenditure, integrity assurance, and management accountability.

  • Engineering Managers: Align technical decisions, engineering modifications, maintenance strategies, and investment recommendations with organisational asset management objectives.

  • Risk and HSE Professionals: Understand the relationship between asset management decisions, equipment failure consequences, safety risks, and operational controls.

  • Technical Assurance and Audit Personnel: Review asset management processes, documented responsibilities, performance measures, and opportunities for management system improvement.

  • Capital Projects and Project Engineering Managers: Consider lifecycle requirements during asset design, procurement, commissioning, handover, and modification.

  • Procurement and Supply Chain Professionals: Understand how equipment specifications, supplier information, spare parts strategies, and lifecycle support influence asset performance.

  • Asset Owners and Senior Managers: Improve oversight of asset-related risks, capital allocation, operational reliability, and long-term asset value.

  • Finance and Commercial Professionals Supporting Asset-Intensive Operations: Understand the relationship between lifecycle expenditure, asset performance, replacement decisions, and risk-informed investment planning.

Course outline

This module introduces the purpose, terminology, and principles of the ISO 55000 standard and explains their relevance to oil and gas organisations. Participants examine the relationship between organisational objectives, asset management policy, asset portfolios, and the value generated by physical assets. The module establishes the foundation for integrating asset integrity activities into a coordinated management system.

Participants explore the difference between managing individual equipment items and managing assets throughout their lifecycle. They examine how organisational context, stakeholder expectations, risk considerations, and performance requirements influence asset management decisions. The module also addresses the importance of leadership, accountability, documented information, and consistent management practices.

  1. ISO 55000

    • Defines the fundamental concepts, principles, and terminology of asset management.

    • Establishes a common understanding of how asset management contributes to organisational value.

    • Provides a foundation for understanding asset management systems and lifecycle decision-making.

    • Supports alignment between asset management objectives, organisational strategy, and stakeholder requirements.

    Learning Outcomes

    • Explain the purpose and principal concepts of the ISO 55000 standard.

    • Distinguish asset management from equipment maintenance and individual integrity activities.

    • Identify the relationship between asset management policy and organisational objectives.

    • Explain how stakeholder expectations influence asset management decisions.

    • Describe the contribution of leadership, accountability, and governance to effective asset management.

    • Identify opportunities to align existing integrity activities with a consistent asset management approach.

This module focuses on establishing the organisational arrangements required to manage asset integrity consistently. Participants examine how policies, responsibilities, processes, documented information, and management reviews contribute to effective asset management systems. The module explores the relationship between asset ownership, technical authority, engineering assurance, operational control, and integrity accountability.

Participants assess how an asset integrity framework connects inspection programmes, maintenance strategies, corrosion management, defect assessments, and risk controls. They consider how fragmented responsibilities or incomplete information affect decision-making and management oversight. The module also addresses the integration of asset integrity processes with existing operational management arrangements.

  1. ISO 55001

    • Specifies requirements for an asset management system.

    • Addresses organisational context, leadership, planning, support, operational control, performance evaluation, and improvement.

    • Provides a recognised basis for establishing and maintaining systematic asset management arrangements.

    • Supports the evaluation and continual improvement of asset management system effectiveness.

    Learning Outcomes

    • Identify the main components of an asset management system.

    • Explain the relationship between asset management policies and integrity procedures.

    • Evaluate the responsibilities of asset owners, engineering teams, maintenance personnel, and operational management.

    • Identify gaps in asset integrity governance and documented processes.

    • Explain how management reviews and performance evaluations support accountability.

    • Recommend practical improvements to the coordination of asset integrity activities.

This module examines asset lifecycle management from initial concept and design through procurement, construction, commissioning, operation, modification, and decommissioning. Participants explore how engineering decisions and asset information influence long-term reliability, maintainability, integrity, and operating costs.

The module addresses equipment selection, design requirements, technical documentation, maintenance strategies, ageing infrastructure, modification control, and replacement planning. Participants consider the implications of inadequate handover information, changing operating conditions, deterioration, and deferred maintenance. They also examine how lifecycle reviews support decisions concerning repair, refurbishment, continued operation, and retirement.

  1. ISO 15663

    • Addresses life cycle costing for petroleum, petrochemical, and natural gas industries.

    • Supports the evaluation of costs associated with asset acquisition, operation, maintenance, and disposal.

    • Provides a basis for comparing alternatives using lifecycle cost considerations.

    • Helps connect engineering decisions with long-term economic performance and asset value.

    Learning Outcomes

    • Explain the principal stages of the asset lifecycle in oil and gas operations.

    • Identify lifecycle considerations that influence asset integrity and reliability.

    • Evaluate the importance of design information, commissioning records, and maintenance history.

    • Explain how ageing equipment and changing operating conditions affect lifecycle decisions.

    • Compare repair, refurbishment, replacement, and life-extension considerations.

    • Apply lifecycle thinking when reviewing asset expenditure and engineering improvement proposals.

This module focuses on the identification, assessment, and prioritisation of asset integrity risks. Participants examine how equipment criticality, failure likelihood, consequences, degradation mechanisms, and operating conditions influence maintenance and inspection decisions. The module explores the relationship between asset integrity assessments and the allocation of technical and financial resources.

Participants consider how inspection findings, corrosion data, equipment failure records, maintenance backlogs, and operational information contribute to risk-based decisions. They examine performance indicators used to monitor equipment condition, reliability, maintenance effectiveness, and the closure of integrity actions. The module also addresses the importance of reliable information, documented assessment criteria, and management oversight.

  1. ISO 31000

    • Provides principles and guidelines for risk management.

    • Supports the identification, analysis, evaluation, treatment, monitoring, and communication of risks.

    • Encourages risk management to be integrated into organisational decision-making.

    • Provides a general framework that supports asset integrity risk assessments without replacing technical engineering standards.

    Learning Outcomes

    • Identify asset integrity risks arising from equipment condition, deterioration, and operational exposure.

    • Explain the role of asset criticality in maintenance and inspection prioritisation.

    • Apply risk management principles when evaluating asset-related decisions.

    • Interpret asset integrity indicators and identify significant performance trends.

    • Explain how maintenance backlogs and unresolved defects affect operational risk.

    • Recommend appropriate monitoring and reporting practices for asset integrity performance.

    • Connect risk assessments with maintenance planning, engineering actions, and investment priorities.

This module brings together the principles of asset management, integrity governance, lifecycle planning, and risk-based performance management. Participants examine how organisations evaluate existing practices, identify improvement opportunities, and establish structured plans for strengthening asset management effectiveness.

The module focuses on management system evaluation, internal assurance, performance reviews, corrective actions, organisational learning, and improvement planning. Participants consider how asset data quality, competency management, documented procedures, and management accountability influence the reliability of asset management decisions. They also examine how asset management strategies remain aligned with changing operational requirements and long-term business objectives.

  1. ISO 19011

    • Provides guidelines for auditing management systems.

    • Addresses audit principles, audit programme management, and the conduct of management system audits.

    • Supports evidence-based evaluation of documented processes and their implementation.

    • Helps organisations identify weaknesses, opportunities for improvement, and follow-up requirements.

    Learning Outcomes

    • Explain how management system evaluation supports asset integrity improvement.

    • Identify suitable methods for reviewing asset management processes and documented controls.

    • Assess the role of audits, management reviews, and corrective actions in continual improvement.

    • Identify weaknesses in asset information, governance, performance measurement, and operational implementation.

    • Develop prioritised recommendations for improving asset management effectiveness.

    • Establish practical improvement actions with clear responsibilities and performance measures.

    • Explain how continuous improvement supports asset lifecycle management and long-term organisational objectives.

Certificate

Upon successful completion of the ISO 55000 Asset Integrity Training Course, attendees receive a Certificate of Completion from Institute For Oil & Gas Training.

The certificate recognises participation in and completion of the training programme. Attendees must satisfy the institute's attendance requirement and complete the course participation requirements communicated before or during delivery. The applicable attendance threshold is confirmed by Institute For Oil & Gas Training.

The Certificate of Completion confirms completion of this professional development programme. It does not constitute ISO 55001 certification, an accredited auditor qualification, or a statutory professional licence.

Course dates

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £3,600

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £3,600

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £3,600

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £3,600

Fees include tuition, course materials and refreshments. Need different dates or a different city? Ask about your preferred date.

Frequently asked questions

What is the ISO 55000 Asset Integrity Training Course?

The ISO 55000 Asset Integrity Training Course is a professional development programme that explains how asset management principles support asset integrity, reliability, risk management, and lifecycle performance in oil and gas organisations. Delivered by Institute For Oil & Gas Training, it covers asset management systems, integrity governance, lifecycle planning, risk-based decisions, performance monitoring, and continuous improvement.

Who should attend this course?

The course is suitable for asset integrity managers, asset management professionals, reliability engineers, maintenance managers, inspection engineers, corrosion specialists, pipeline integrity personnel, operations managers, engineering managers, and professionals involved in technical assurance or asset investment decisions. It also benefits senior managers responsible for asset performance and lifecycle expenditure.

How is the ISO 55000 Asset Integrity Training Course delivered?

Institute For Oil & Gas Training uses an industry-focused methodology incorporating technical presentations, oil and gas case studies, practical exercises, group discussions, risk assessment scenarios, and improvement planning activities. These methods help participants connect recognised asset management principles with real operational and engineering challenges.

What standards are covered during the course?

The programme examines ISO 55000 for asset management fundamentals, ISO 55001 for asset management system requirements, ISO 15663 for lifecycle costing, ISO 31000 for risk management, and ISO 19011 for management system auditing guidelines. These standards support the programme's coverage of governance, lifecycle decisions, risk evaluation, assurance, and continuous improvement.

Will attendees receive a certificate after completing the course?

Yes. Attendees who complete the programme and satisfy the applicable attendance and participation requirements receive a Certificate of Completion from Institute For Oil & Gas Training. The certificate recognises completion of the training and does not constitute ISO 55001 certification or an accredited auditor qualification.

Next: 19 Oct 2026

4 dates available

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