Certified Internal Auditor - ISO 55001 Asset Management System

Internal Auditor - ISO 55001:2014

• Assets whether tangible or intangible, need to be managed to fine-tune their performance capabilities and security measures. As an Internal Auditor for ISO 55001, work towards initiating and sustaining an efficient Asset Management System (AMS) in your organization. By achieving compliance to ISO 55001, your organization can systematically control its assets throughout their life cycle; and ensure they are utilized for value creation, to their optimum potential.
• In this course, build your skills to plan an ISO 55001 audits internally, examine & communicate findings, provide recommendations and measure effectiveness of the AMS audit. As an ISO 55001 Internal auditor, you can help your firm maintain compliance with ISO 55001 standard and ensure the AMS is continuously upgraded.
• Empirical approach to coaching will include detailed training material, assignments, case studies and presentations to assist students in analysis and synthesis of body of knowledge and to develop required skills.
• On completion of training, appear for the exam and qualify for Credentials Global’s ISO 55001 Internal Auditor certificate.
• This course is open to professionals performing or supervising internal audits for ISO 55001.

Key Outcomes:

• Gain understanding of the ISO 55001 standard
• Identify the role and responsibilities of an Internal Auditor
• Establish relevance of ISO 55001 audit for any organization
• Correlate the ISO 55001 standard to other regulatory frameworks
• Plan and handle an internal audit for ISO 55001, examine findings, formulate report, suggest remedial actions and initiate a follow-up audit
• Understand the approach to effectively manage assets throughout their life cycle
• Appreciate how compliance with ISO 55001 can help mitigate asset related risk and enhance asset capability for value creation
• Work towards establishing conformity to the ISO 55001 standard

Course Chapters:

Chapter 1 Introduction to Course
Chapter 2 Introduction to standard
Chapter 3 Terms & Definition
Chapter 4 Process Mapping
Chapter 5 High Level Structure
Chapter 6 Requirements of Standard I
Chapter 7 Requirements of Standard II
Chapter 8 Requirements of Standard III
Chapter 9 Understanding the terms and Definition of Auditing
Chapter 10 Guidelines for Auditing Management System

Certified Internal Auditor - ISO 55001 Asset Management System etraining online course

What is the course attendance criteria?

• A minimum attendance of 32 hrs on Learning Management System (LMS) activity for the duration of course is required.
• However, we encourage students to log in maximum number of hrs within a given course duration to take maximum benefit of learning material.

How assignments will be evaluated/graded?

• Assignments will not be graded.
• Assignments will consist of Descriptive Type Questions and Case Studies.

What is the nature of qualifying examination?

• Qualifying examination consist of Multiple Choice Questions.

What is the examination eligibility criteria?

• An open book test can be scheduled once student completes minimum 32 hrs on LMS and completes all given Assignments.

How assignments will be evaluated/graded?

• Assignments will not be graded.
• Assignments will consist of Multiple Choice Questions, True or False, Match the Pairs, Descriptive Types and Case Studies.
• Only Multiple Choice Questions- Auto Diagnostics Feedback is given.

How examination results are presented?

• The designations P (Pass) and NP (Not Pass) are used. No grades are reported.

What are the examination pass norm?

• It is expected that at least 80% of students attending this course should pass at first attempt.

What are the documents permitted during the open book examination?

• Course material
• Copy of ISO 55001 standard
• Copy of ISO 19011 standard
• Copy of ISO 17021 standard

What is the certification policy?

• Certification will be given to student who completes all assignments satisfactorily and clears the examination with the designation P.
• Certification of successful completion are endorsed with the Credentials Global logo and ACCAB’s “Responsible Education Provider”™ Logo
• Student who does not qualify for certificate of successful completion may be awarded a letter of attendance.

What is the re-examination policy?

• A student who gets a letter of attendance after the initial course may apply to be allowed to sit for a re-examination within 1 month from the issuing of the results. A candidate who fails re-examination is required to take the course again paying full fees.

What is complaints and appeals policy?

• Student May raise any complaint in writing or orally, both during the course and afterward. Student is also given the opportunity to raise any issues of the concern during the formal evaluation at the end of the course.
• Contact information: Info@credentialsglobal.com

Do I receive Professional Development Units (PDUs) for the course?

• Yes, 16 PDUs

Is this course accredited?

The Credentials Global education provider accredited with the Accreditation Commission of Conformity Assessment Bodies (ACCAB) www.accab.org

ACCAB’s "Responsible Education Provider Accreditation"™ is a voluntary quality assurance scheme for independent private sector Further Education & Training Institutions(FETIs) including Independent Higher Education Providers, Distance Learning Institutions, Professional Short Course Providers and Specialty Tutorial Schools & Colleges.

The objectives of ACCAB’s “Responsible Education Provider”™ Accreditation Scheme are:

• FETIs have appropriate management systems in place and control over their processes;
• Personnel that are employed by FETIs have required competencies to perform their duties;
• FETIs follow rigorous and consistent processes to educate, train and evaluate students;
• To enable FETIs to state publicly that they have voluntary accepted ACCAB’s “Responsible Education Provider”™ Accreditation Scheme for maintenance and continual improvement of their services delivery.