This book constitutes the refereed proceedings of the 11th IFIP WG 10. 5 Advanced Research Working Conference on Correct Hardware Design and Verification Methods, CHARME 2001, held in Livingston, Scotland, UK in September 2001. The 28 revised full papers and eight short papers presented together with two invited papers and one special paper were carefully reviewed and selected from 56 submissions. The book offers topical sections on model checking, clocking issues, theorem proving with higher order logics, hardware compilation, tools, component verification, case studies, algorithm verification, and duration calculus.