PECB ISO 55001 Lead Implementer

PECB states that the exam complies with its Examination and Certification Program requirements and covers the seven competency domains listed for the course. It also states that the course quizzes comprise stand-alone and scenario-based questions designed to prepare you for the certification exam. For specific information about exam types, languages available and other details, PECB directs candidates to its List of PECB Exams and the Examination Rules and Policies.

The course runs five days. Days 1 to 4 cover introduction to ISO 55001 and initiation of an AMS implementation; the implementation plan; implementation of an AMS; and performance evaluation, continual improvement and preparation for the certification audit. Day 5 is the certification exam.

PECB states that certification and examination fees are included in the price of the training course. The source does not state a separate exam fee, so check with your training provider for current pricing in your region.

Candidates who have completed the training course but failed the exam are eligible to retake the exam once for free within a 12-month period from the initial date of the exam. Confirm the procedure with PECB support before scheduling your retake.

For PECB Certified ISO 55001 Lead Implementer, PECB lists five years of professional experience, including two years of work experience in asset management, plus AMS project activities totaling 300 hours, and signing the PECB Code of Ethics. The Provisional Implementer credential requires no professional or project experience, only passing the exam or equivalent and signing the Code of Ethics.

PECB states that valid AMS project experience should include activities such as drafting an AMS implementation business case, managing an AMS implementation project, implementing an AMS, managing documented information related to the AMS, monitoring AMS performance, and continually improving an AMS. Document these activities as you go, because you will need evidence when applying for the credential.

Participants receive over 450 pages of information, practical examples and quizzes. Participants who complete the training course also obtain an attestation of course completion worth 31 CPD (Continuing Profession Development) credits. The course uses in-depth theoretical knowledge and best practices, interactive discussions with trainers, and quizzes.

Follow the course sequence, which mirrors the domains: fundamental principles and concepts, initiation, planning, implementation, performance evaluation, continual improvement, and preparation for the certification audit. The final domain depends on the earlier ones, so leave audit preparation until you can explain how an AMS is planned, operated and evaluated.

Candidates often memorize definitions without being able to interpret ISO 55001 requirements from an implementer's perspective, or they skip the planning and performance-evaluation domains and focus only on implementation. Because quizzes include scenario-based questions, practise applying concepts to realistic situations, including risk-based decision-making, asset life cycle management and continual improvement, rather than recalling lists.

No. This is independent study material for candidates preparing for the exam. It is not affiliated with, endorsed by or sponsored by PECB. Always check PECB's own pages, including the List of PECB Exams, Examination Rules and Policies, and Certification Rules and Policies, for authoritative and current details.