Pumps, plant, buildings, vehicles and networks fail at the worst moment unless someone has deliberately weighed the risk of each one against its cost and value. Five days equip asset owners and engineers to do that systematically. You learn how risk sits inside an ISO 55001 management system, how ISO 31000 supplies the process, and how to rank assets by criticality so that limited maintenance and capital budgets go where they matter most.
Sessions work through risk identification, FMEA and bow-tie techniques, likelihood and consequence scales, risk registers, and treatment choices such as inspection, condition monitoring, redundancy, replacement and insurance. You also link asset risk to life-cycle costing, strategic asset management plans and fixed-asset register accuracy. The course is relevant to asset managers, maintenance and reliability engineers, facilities and estates managers, finance and internal audit staff, and public-sector asset custodians. It is offered in the classroom, online and in-house, with a CPD-accredited certificate. Participants return able to build a risk-based asset register and defend investment priorities to leadership.
Organisations that depend on physical assets, from utilities and hospitals to factories and county governments, carry large exposure that rarely appears on a risk register. Equipment is run to failure, replacements are decided by whoever argues loudest, and fixed-asset registers drift away from what is actually in the field. The result is unplanned downtime, safety incidents, wasted capital and audit queries.
The Risk Management for Asset Management (Fixed Assets, ISO 55001) Training Course sets out a disciplined alternative. Participants begin with the principles of asset management and the structure of ISO 55001, then apply the ISO 31000 risk process to assets: context, identification, analysis, evaluation and treatment. Criticality assessment, failure mode analysis and condition-based thinking are used to decide where to inspect, maintain, renew or dispose. The later sessions connect risk to the asset register, life-cycle costing, performance measurement and management review.
Teaching is workshop-based. Participants use an example asset portfolio throughout, so they finish with a criticality ranking, a populated risk register and a draft treatment plan that can be adapted to their own organisation.
By the end of the course, participants will be able to:
Participants leave with:
The course is structured as a working clinic on asset risk. Methods include:
Day 1: Asset Management and ISO 55001 Foundations
Day 2: The Risk Process Applied to Assets
Day 3: Criticality and Failure Analysis
Day 4: Treating Risk across the Life Cycle
Day 5: Fixed Assets, Performance and Assurance
The course is designed for people who own, operate, finance or audit physical assets, such as:
A CPD-accredited Certificate of Completion, issued by Vision Reach Global Consultancy, is presented to participants who attend all sessions and take part in the practical workshops. The certificate records the topics covered over the five days.
Upcoming cohorts
CPD-Accredited
Official invoice & confirmation letter provided
Team discount for 3+ seats
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Everything you need to know about this course before you register.
By the end of the Risk Management for Asset Management (Fixed Assets, ISO 55001) programme, you'll be able to explain the structure of iso 55001 and where risk management fits in an asset management system, apply the iso 31000 process to physical and fixed assets, rank assets by criticality using consequence and likelihood scales, and use fmea and bow-tie analysis to examine failure causes and controls. The full breakdown of topics is covered session by session in the Course Outline tab above.
The course is designed for people who own, operate, finance or audit physical assets, such as: Asset managers and asset custodians, Maintenance, reliability and plant engineers, Facilities and estates managers, Fixed-asset accountants and finance officers, Internal auditors and risk officers, Utility, transport and infrastructure operators, County and public-sector asset managers, and Project and capital investment planners.
Risk Management for Asset Management (Fixed Assets, ISO 55001) Training Course typically runs as 5 Days. It's available as in-person classroom, live virtual, and in-house corporate training — every course can also be delivered on-site for your team on dates that suit you.
Risk Management for Asset Management (Fixed Assets, ISO 55001) Training Course is scheduled in-classroom in Nairobi, Kenya, Mombasa, Kenya, Naivasha, Kenya, and Kisumu, Kenya, and 14 other locations, plus a live interactive virtual classroom you can join from anywhere. Check the schedule panel above for exact upcoming dates and fees in each location.
The next live virtual cohort of Risk Management for Asset Management (Fixed Assets, ISO 55001) starts October 26, 2026, with new classroom cohorts also running on a rolling basis. Pick a date and location in the schedule panel above, then click "Register for the Course" — it takes a few minutes and your seat is confirmed once payment or a signed purchase order is received.
Yes — delegates who meet the attendance requirement receive a Certificate of Completion for Risk Management for Asset Management (Fixed Assets, ISO 55001) Training Course from Vision Reach Global Consultancy, issued in the name you register with, so double-check the spelling at checkout.
Risk Management for Asset Management (Fixed Assets, ISO 55001) Training Course is pitched at intermediate professionals. If you're unsure whether it's the right fit for your current role or background, message our training advisors before you register and they'll help you confirm.
Fees for Risk Management for Asset Management (Fixed Assets, ISO 55001) Training Course vary by delivery location and format and are shown in real time in the schedule panel above once you pick a date. Register 3 or more delegates on the same course together and a 5% team discount is applied automatically — larger cohorts can request a custom corporate quote.
Yes — Risk Management for Asset Management (Fixed Assets, ISO 55001) Training Course can be delivered on-site at your offices (or virtually for distributed teams), with case studies and examples tailored to your industry and the specific challenges your team is working through. Switch to the "In-House" tab in the schedule panel above to request a proposal.
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