Title ISO 55000: Asset management – What to do and why?

Knowledge Base Standards Expert

Document Status Active
Publication Date 2016
Posted Date 5/3/2016
Document Language English
Page Count 97
Publisher ISO - International Organization for Standardization
Publisher Chemin de Blandonnet 8
Information CP 401
1214 Vernier, Geneva
Switzerland
Phone: +41 22 749 01 11
Fax: +41 22 733 34 30
Email: central@[Link]
[Link]
ISBN Number 9789267106533
DoD Adopted No
ANSI Approved No
IHS Segments 810CB - ISO - Complete Collection A/H
814AH - ISO - Information/Image Technology
81P - ISO - Information/Image Technology
ISO06 - ISO/Textiles Domestic Leisure & Agriculture
811AH - ISO - Mechanical/Machinery
811 - ISO - Mechanical/Machinery
81U - ISO - Mechanical
815AH - ISO - Quality/Measurements/Safety/Testing/Environment
816AH - ISO - Medical/Consumer Goods
81S - ISO - Environment/Safety
ISO04 - ISO/Quality, Management & Metrology
ISO51 - ISO/Document Management, Information Control Systems & Quality
THISO - Special Collection TH - ISO
ISO03 - ISO/Documentation & Science
81Y - ISO - Medical
03IEV - ISO(AENOR) - Documentation&Science VO (ESP) A/H/R
06IEV - ISO(AENOR) - Textiles Domestic Leisure & Agriculture VO (ESP)
A/H/R
04IEV - ISO(AENOR) - Quality Management&Metrology VO (ESP) A/H/R
51IEV - ISO(AENOR) - Doc Management, Info Control Systems&Quality VO
(ESP) A/H/R
810C - ISO Collection A/H/R/Online
THRIAN - Accuris Thread ISO NCSE Content A/H
THRINCS - Accuris Thread ISO AENOR Content A/H
THRISOA - Accuris Thread ISO ANSI Content A/H
ICS Codes 03.100.01 - Company organization and management in general
01.040.03 - Sociology. Services. Company organization and management.
Administration. Transport (Vocabularies)

1
Abstract Introduction
This guide — Scope and usage
Every organization has a unique combination of assets, objectives, constraints,
stakeholder expectations, strengths and weaknesses.
And each organization will have challenges and opportunities in coordination,
alignment of purpose, delivering performance, controlling costs and risks,
retaining stakeholder confidence and ensuring future sustainability.
This guide is designed to help you to determine and prioritize your own
organization’s particular requirements, and to understand how the ISO 55000
family of standards can be applied.
The guide explains the role of the three standards within the ISO 55000 family,
which are:
• ISO 55000, Asset management — Overview, principles and terminology
• ISO 55001, Asset management — Management systems — Requirements
• ISO 55002, Asset management — Management systems — Guidelines for the
application of ISO 55001
The guide does not seek to duplicate the content of the standards; rather it aims to
assist in the understanding and interpretation of their content to your particular
environment, to identify the potential benefits of their adoption, and to help you to
prepare for their implementation.
The guidance provided in this document is organized into three main sections:
• Basic introduction to asset management — underlying concepts, history of the
discipline, development of standards for good practice, and the results obtained by
better asset management.
This expands upon the concepts and subject matter contained in ISO 55000.
• Management systems for asset management — ISO 55001 structure and
requirements, getting ready for ISO 55001 certification, integration with other
systems, auditing, certification and continual improvement.
This will assist you in designing, implementing and integrating the individual
elements necessary for a management system, and in ensuring that it remains fit
for purpose.
• Asset management maturity — determining the existing strengths and
weaknesses of your organization, the actions needed to improve, and the potential
benefits available.
This will help you to identify the business justification and suitable scope for a
management system for asset management.
In each case, the guide provides you with simple practical advice and examples
from different environments.
Many of these examples relate to the management of physical assets but there are
also plenty of cases showing how the same principles apply to non-physical assets
such as intellectual property, financial resources, people and even ‘intangible’
assets such as reputation.

Document History
Number of revisions in history: 1
Document Title Type of Status Date
Number Change
ISO ISO ISO 55000: Asset management – What to do and New Active 1/1/2016
55000 why? Addition
ASSET
MANAGEM
ENT

Related Documents

2
This document contains the following References (10)
BSI PAS 55-1 Asset Management Part 1: Specification for the optimized management of
physical infrastructure assets
ISO 14224 Petroleum, petrochemical and natural gas industries - Collection and exchange of
reliability and maintenance data for equipmentPetroleum, petrochemical and
natural gas industries - Collection and exchange of reliability and maintenance
data for equipment - Third Edition; Corrected version 10/1/2016
ISO 31000 Risk management - Guidelines - Second Edition
ISO 55000 Asset management — Vocabulary, overview and principles - Second Edition
ISO 55001 Asset management — Asset management system — Requirements - Second
Edition
ISO 55002 Asset management - Management systems - Guidelines for the application of ISO
55001 - Second Edition
ISO ISO/IEC 17021-1 Conformity assessment - Requirements for bodies providing audit and
certification of management systems - Part 1: Requirements - First Edition
ISO ISO/IEC TS Conformity assessment - Requirements for bodies providing audit and
17021-5 certification of management systems - Part 5: Competence requirements for
auditing and certification of asset management systems - First Edition
ISO ISO/IEC/IEEE Systems and software engineering — System life cycle processes - Second Edition
15288
SN NS-ISO/IEC Risk management - Risk assessment techniques
31010:2009

This document is Referenced By the following Documents (2)

NR/L1/XNG/100/06 No title is available for this document.
ISSUE 2
NEN NVN-IEC/TS Wind energy generation systems - Part 28: Through-life management and life
61400-28 extension of wind power assets

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