ISO 55001:2014 (Asset Management) Awareness Training (PowerPoint PPTX Slide Deck)

BENEFITS OF THIS POWERPOINT DOCUMENT

1. Provides a tool for creating awareness among your employees to realize increased value from your assets.
2. Provides a framework for improving financial performance through optimal balance between costs, risks and performance.
3. Provides guidelines and practical tips for handling an audit session.

ASSET MANAGEMENT PPT DESCRIPTION

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MARCUS OVERVIEW

Executive Summary
The ISO 55001:2014 Asset Management Awareness Training presentation is designed to equip organizations with essential knowledge about the ISO 55001 standard. Created by an experienced ISO Management System Lead Auditor, this training deck provides a structured approach to understanding asset management principles, the certification process, and effective audit strategies. By utilizing this presentation, organizations can enhance their asset management practices, optimize asset value, and ensure compliance with international standards.

Who This Is For and When to Use
•  Asset Managers and Coordinators responsible for implementing asset management systems
•  Quality Assurance and Compliance Officers overseeing adherence to ISO standards
•  Executives and Senior Management involved in strategic asset decision-making
•  Internal Auditors conducting assessments of asset management practices

Best-fit moments to use this deck:
•  During onboarding sessions for new employees in asset management roles
•  As part of continuous professional development for teams involved in asset management
•  When preparing for ISO 55001 certification audits

Learning Objectives
•  Provide background knowledge of ISO 55001
•  Gain an overview of the ISO 55001 structure
•  Understand the ISO 55001 certification process
•  Learn useful tips on handling an audit session
•  Identify key asset management principles and practices
•  Develop strategies for optimizing asset lifecycle value

Table of Contents
•  Introduction to ISO 55001 (page 5)
•  ISO 55001 Structure (page 28)
•  ISO 55001 Certification Process (page 37)
•  Handling an Audit Session (page 44)

Primary Topics Covered
•  ISO 55001 Overview - Introduction to the ISO 55001 standard, focusing on asset management principles and lifecycle value optimization.
•  ISO 55001 Structure - Detailed examination of the standard's framework, including its high-level structure and core components.
•  Certification Process - Step-by-step guide on achieving ISO 55001 certification, including internal audits and compliance checks.
•  Audit Session Management - Best practices for conducting and managing audit sessions, including rights of auditees and auditors.
•  Asset Management Principles - Key principles that guide effective asset management, emphasizing stakeholder value and organizational alignment.
•  Benefits of ISO 55001 Adoption - Overview of the advantages organizations gain from implementing ISO 55001, including improved financial performance and risk management.

Deliverables, Templates, and Tools
•  ISO 55001 implementation checklist
•  Internal audit report template
•  Audit session preparation guide
•  Asset management policy framework
•  Stakeholder engagement plan template
•  Continuous improvement action plan

Slide Highlights
•  Overview of ISO 55001 and its significance in asset management
•  Detailed breakdown of the certification process and audit findings
•  Visual representation of the Plan-Do-Check-Act (PDCA) model in asset management
•  Key asset management principles and their implications for organizational success
•  Rights and responsibilities of auditees and auditors during an audit session

Potential Workshop Agenda
Introduction to ISO 55001 (60 minutes)
•  Overview of ISO 55001 and its importance
•  Discussion on asset management principles

ISO 55001 Certification Process (90 minutes)
•  Step-by-step guide to certification
•  Internal audit preparation and execution

Handling an Audit Session (60 minutes)
•  Best practices for managing audit sessions
•  Rights of auditees and auditors

Customization Guidance
•  Tailor the presentation to reflect specific organizational asset management practices
•  Update examples and case studies to align with industry-specific contexts
•  Modify templates to include organizational branding and terminology

Secondary Topics Covered
•  The role of leadership in asset management
•  Stakeholder engagement strategies
•  Risk management in asset management systems
•  Continuous improvement in asset management practices

FAQ
What is ISO 55001?
ISO 55001 is the international standard for asset management, aimed at enabling organizations to obtain lifetime value from their assets through a structured approach.

How can this training help my organization?
This training provides essential knowledge and tools for implementing effective asset management practices, ensuring compliance with ISO standards, and optimizing asset value.

What are the benefits of ISO 55001 certification?
Benefits include improved financial performance, informed decision-making, better risk management, and enhanced organizational sustainability.

What is the certification process for ISO 55001?
The certification process involves implementing an asset management system, conducting internal audits, selecting a certification body, and undergoing compliance audits.

What should I do if a non-conformity is identified during an audit?
Address the non-conformity promptly, provide evidence of corrective actions, and ensure that it is resolved before the final audit recommendation.

How can I prepare for an audit session?
Review relevant documentation, understand the audit scope, and ensure that all necessary personnel are available to answer questions during the audit.

What rights do auditees have during an audit?
Auditees can adjust the audit schedule, provide evidence later if necessary, and confirm findings at the end of each session.

How should I interact with auditors?
Be honest and open, listen carefully to questions, and provide clear and concise answers based on your knowledge and expertise.

Glossary
•  Asset Management (AM) - Coordinated activities to realize value from assets.
•  Asset Management System (AMS) - Set of interrelated elements to establish asset management policy, objectives, and processes.
•  ISO 55001 - Standard specifying requirements for an asset management system.
•  Certification - Independent verification of conformity to the ISO 55001 standard.
•  Audit - Systematic examination of a management system to determine its conformity.
•  Non-conformity - Failure to meet a requirement of the standard or internal procedures.
•  Stakeholders - Individuals or organizations that can affect or be affected by asset management decisions.
•  Plan-Do-Check-Act (PDCA) - A model for continuous improvement in management systems.
•  Internal Audit - An independent assessment of an organization's asset management system.
•  Continuous Improvement - Ongoing efforts to enhance asset management practices and performance.
•  Leadership Commitment - The active support and involvement of top management in asset management.
•  Performance Evaluation - Measurement and analysis of the effectiveness of the asset management system.
•  Risk Management - Process of identifying, assessing, and mitigating risks associated with asset management.
•  Stakeholder Engagement - Strategies for involving stakeholders in asset management decisions.
•  Documented Information - Information required to be controlled and maintained by an organization.
•  Audit Findings - Results of an audit, including non-conformities and opportunities for improvement.
•  Management Review - Periodic evaluation of the asset management system by top management.
•  Corrective Action - Action taken to eliminate the cause of a detected non-conformity.
•  Asset Lifecycle - The stages an asset goes through from creation to disposal.
•  Value Realization - Achieving the expected benefits from assets through effective management.

Source: Best Practices in Asset Management PowerPoint Slides: ISO 55001:2014 (Asset Management) Awareness Training PowerPoint (PPTX) Presentation Slide Deck, Operational Excellence Consulting