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ISO 55000 is an international standard covering management of assets of any kind. Before it, a Publicly Available Specification (PAS 55) was published by the British Standards Institution in 2004 for physical assets. The ISO 55000 series of Asset Management standards was launched in January 2014.
ISO 55000:2014 provides an overview of asset management, its principles and terminology, and the expected benefits from adopting asset management. ISO 55000:2014 can be applied to all types of assets and by all types and sizes of organizations.
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ISO 55001 specifies requirements for an asset management system, while the other standards detail sector-specific, asset-specific or activity-specific technical requirements or give guidance on how ISO 55001 should be interpreted and applied within a specific sector or to particular asset types.
The ISO 55000 family is the first management system standards to implement the new ISO Annex SL, providing a consistent basis for all management systems and enabling better integration and coordinated monitoring, audit and certification.
When combined with strong leadership and an emerging asset management culture, the management system framework defined by ISO55000 provides a structured view of what the organization is trying to achieve and how to balance things, like performance, the environment and safety, to achieve organizational value.
Dec 6, 2018 · ISO 55000 is an internationally-recognized standard in asset management. The implementation of its regulations and guidelines has numerous benefits to any company, whether it operates in the public or private sector. Some of the main benefits of implementing ISO 55000 are as follows. Better Market Standing.
The ISO 55000 series provides terminology, requirements and guidance for implementing, maintaining and improving an effective asset management system.
