ISO 55000 series (hard copy)

Overview The ISO 55000 series provides terminology, requirements and guidance for implementing, maintaining and improving an effective asset management system. The three international standards (ISO 55000, 55001 and 55002) are important because they represent a global consensus on asset management and what it can do to increase value generated by all organisations. Using ISO 55000 ISO 55000 consists of three standards: ISO 55000 Asset Management - Overview, principles and terminology Introduces the critical concepts and terminology needed to develop a long-term plan that incorporates an organisation’s mission, values, objectives, business policies and stakeholder requirements. ISO 55001 Asset Management - Requirements Specifies the requirements for the establishment, implementation, maintenance and improvement of an asset management system. ISO 55002 Asset Management - Guidelines on the application of ISO 55001 Provides guidance for the application of an asset management system, in accordance with the requirements of ISO 55001. These standards can help organisations of all sizes and sectors to: Establish an asset management system to optimally manage assets Implement, maintain and improve an asset management system Comply with asset management policy and strategy Demonstrate that they are applying best practice Seek external certification of their asset management system or make a self-declaration of compliance ISO/TC 251 ISO Technical Committee 251 (ISO/TC 251), responsible for the development of the ISO 55000 standards, align and develop new resources to improve the understanding of asset management. The Technical Committee web page is maintained with the latest updates and publications, including guidance articles that expand on certain aspects of ISO 55000: "Why "Alignment" in Asset Management?" (April 2018) "Achieving the United Nations Sustainable Development Goals" (March 2018) "Managing Assets in the Context of Asset Management" (May 2017) "Improving Alignment between Technical and Financial Management within Organizations" (April 2017) Certification to ISO 55001: Myth Busters These asset management myth busters provide clarity on common misconceptions about achieving certification to ISO 55001. Who can provide certification, which organisations can achieve certification, and what can comprise the scope of an Asset Management System? Certification to ISO 55001: Myth Busters > Background From BSI PAS 55 to ISO 55000 Since its first publication in 2004, British Standards Institution PAS 55:2008 has been an international success and became the default global standard for asset management. It has been increasingly recognised as a generically applicable definition of good practices in the optimised management of physical assets. Using PAS 55:2008 as the ‘base document’, the IAM worked with the British Standards Institution to initiate the project to produce a formal International Standard through the International Organisation for Standardization (ISO), and we were delighted by the enthusiastic and wide participation in this work. Our aim was to increase the degree of international and cross-sector participation to develop asset management good practice and application in many parts of the world. Through the significant ISO membership, the IAM encouraged the inclusion of further relevant documents as well as PAS 55 to improve the industry.

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