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ISO 55000 Asset Management

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  2. Die Normen ISO55000, ISO55001 und ISO55002 beschreiben die Aufgaben und Inhalte des Asset Managements in einer Organisation. Darin werden Anforderungen und Empfehlungen für den Aufbau, die Implementierung und Aktualisierung des As-set Managements in Unternehmen gegeben. Die Normen enthalten neben zum strategischen Ansätzen auch Ansätze zum operative
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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 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.. History. PAS 55 was originally produced in 2004 by a number of organisations under the leadership. Diese Internationale Norm bietet einen Überblick über Asset Management, seine Leitlinien und Begriffe, und den erwarteten Nutzen aus der Anwendung des Asset Managements. Diese Internationale Norm kann auf alle Arten und Kategorien von Assets und Organisationen jeglicher Größe angewendet werden Die Norm DIN ISO 55001 für Asset-Managementsysteme richtet sich an: Unternehmen, die die Wertschöpfung aus ihren Vermögenswerten steigern wollen. AM-Beteiligte, die an der Einführung, Umsetzung und Aufrechterhaltung eines entsprechenden Managementsystems mitwirken. Anbieter von AM-Aktivitäten, auch Dienstleister DIN ISO 55001 - Asset-Management - Managementsysteme - Anforderungen. DIN ISO 55001 - Asset-Management -. Managementsysteme - Anforderungen. Die Normenfamilie DIN ISO 55000 - aus Assets Wert schöpfen. 2. © 2021, DIN e. V. 1. Begrüßung und Vorstellung(10 min.) (Mike Beck, Dr. Annette Kämpf-Dern, Katharina Lachmann, Prof. Dr. Uwe Neumann

Die ISO 55000 ist eine Normfamilie für Asset-Managementsysteme. Sie bietet Basisinformationen sowie einen Überblick über diese Reihe. Zudem sind darin die Begrifflichkeiten festgelegt. 55002 wartet mit weiteren Informationen zur praktischen Umsetzung in Form von Best-Practice-Beispielen auf. Die ISO 55001 beschreibt die genauen Anforderungen an ein Asset-Managementsystem ISO 55000. In der ISO 55000 (und Folgeziffern) hat die Internationale Organisation für Normung am 23. Januar 2014 eine normative Grundlage für die Anlagenwirtschaft veröffentlicht. ISO 55000 fokussiert sich auf alle Arten von Anlagen (einschließlich immaterielle Werte wie Kompetenzen) und bildet einen wichtigen Aspekt eines integrierten Managementsystems i Die Norm ISO 55000 wurde im Januar 2014 von der International Organization for Standardization (ISO) als normative Grundlage für das Asset-Management veröffentlicht und als DIN ISO 55000 vom Deutschen Institut für Normung übernommen. Die ISO 55000 Norm ist der weltweite Standard für die Anlagenwirtschaft und gliedert sich in die Teildokument Asset Management ISO 55000 Können Sie die Risiken Ihres Anlagenbestandes quantifizieren? Infrastrukturunternehmen stehen vor der Herausforderung, strategische und operative Vorgaben für das Management des Anlagenbestands unter Berücksichtigung konkurrierender Zielvorgaben zu optimieren The committee responsible for this document is Project Committee ISO/PC 251, Asset management. This corrected version of ISO 55000:2014 incorporates the correction of the numbering of definitions 3.2.4 to 3.2.7 and corresponding cross-references

ISO 55000 Asset management - Overview, principles and terminology, is a high level summary (at the '40,000 foot' level) introduction to the intention, inter-relationships and use of the ISO 55001 asset management standard in an organization. It describes the benefits integrated asset management can bring to organizations Allgemeine Informationen über Asset-Management und Informationen über die Terminologie, die für diesen internationale Norm-Entwurf gilt, sind in ISO 55000 enthalten. Organisationen können feststellen, dass die Berücksichtigung der Prinzipien die Entwicklung des Asset-Managements in ihrer Organisation fördert ISO 55001 -ASSET MANAGEMENT SYSTEM •Value -Assets exist to provide value to the organization and its stakeholders -Value can be tangible or intangible; positive or negative -Asset management enables realization of value •Alignment (Line of Sight) -Asset management objectives align with organizational objective ISO 55000 will provide an overview of asset management, the principles and terminology; ISO 55001 will specify requirements for an asset management system within the context of the organization; ISO 55002: will give guidelines for the application of an asset management system, in accordance with the requirements of ISO 55001

The ISO 55000 family is the first set of International Standards for Asset Management and includes: ISO 55000 providing an overview of the subject of asset management and the standard terms and definitions. ISO 55001 specifies the requirements for an integrated, effective management system for asset management ISO 55000 - Relationship Between Key Elements of an Asset Management System This diagram here is straight out of the ISO and at the top here you have your stakeholders. You have your organizational plans, objectives, and policy. You have a strategy When is a good time to integrate the ISO 55000 standard into your asset management approach? Asset Management Is Not Complex Delivering a specified level of service to customers and regulators at an optimal life cycle cost & an acceptable level of risk with a strategy that ensures long term sustainability of public assets ISO 55000 standard, the asset management policy is a statement that indicates a commitment from the company to place importance on the asset management system and its continuous improvement. Leadership will also need to defi ne asset management objectives, as discussed in context of the organization, and then clearly defi ne and specify proper roles, responsibilities and authorities. practical dissemination of the principles of asset management as defined in ISO 55000 to as wide an audience as possible, and this Guide performs a key role in that process. The Guide is intended to offer options and advice, rather than a 'one-size fits all' solution to establishing a formal Asset Management System that will help organisations to obtain value from their assets. It provides.

ISO 55000 Seri

Now published, ISO 55000 goes into a 5-yearly review cycle. In 2015, ISO established a permanent ISO Technical Committee (ISO/TC 251/N). The committee has the responsibility for Asset Management, and the early revision of the ISO 55002:2018 (published in October 2018) Learn the ISO 9001 requirements. Remote online consultant guides you step by step. Seeing clearly in 2020--the year for ISO certification. Ask us for free quote today ISO 55000 Asset Management. In 2013 the international standards of ISO 55000 were developed. ISO 55000 focuses on the development of a proactive asset management system to manage assets and asset systems over their life cycles. The system supports you in achieving the required performance and safety and optimizes your assets and reduces the total cost of ownership. The standard consists of.

Mit der DIN ISO 55000 ff. steht seit kurzem ein normatives Dokument zur Verfügung, dass den Rahmen der Instandhaltung im Sinne einer Anlagenbewirtschaftung (Asset Management) beschreibt und somit das Thema Instandhaltung in Richtung eines Managementsystems weiterentwickelt. Ziel ist die Maximierung des Nutzens aus dem Betrieb einer Anlage ISO 55000 highlights that assessing the value of the organization's assets takes risk in consideration. ISO 31000:2009 Risk management — Principles and guidelines gives principles and generic orientation for risk management. It is complemented by ISO Guide 73:2009 Risk management — Vocabulary

Die ISO 55000 als ganzheitlicher Rahmen für die Ausgestaltung des Asset Managements und seiner Schlüsselelemente hat sich dabei bewährt. Wir unterstützen Sie bei der Entwicklung einer Asset Management-Organisation und der Einführung der notwendigen Asset Management-Instrumente gemäß den Anforderungen der ISO 55000. Im Rahmen eines. ISO 55000:2014(E) Asset management involves the balancing of costs, opportunities and risks against the desired performance of assets, to achieve the organizational objectives. The balancing might need to be considered over different timeframes. Asset management enables an organization to examine the need for, and performance of, assets and asset systems at different levels. Additionally, it. ISO 55000 & Technical Committee 251. Click this button to be taken to the official website for ISO Technical Committee 251 which produces: ISO 55000 Asset management - Overview, principles and terminology ISO 55001 Asset management - Management systems - Requirements ISO 55002 Asset management - Management systems - Guidelines on the application of ISO 55001 . You are also welcome to visit. Im Januar 2021 wird nunmehr auch die DIN ISO 55002 Asset-Management - Managementsysteme - Leitfaden für die Anwendung der ISO 55001 in deutscher Sprache veröffentlicht. Damit sind die drei allgemeingültigen Teile dieser Managementsystemnorm, von den Grundbegriffen (ISO 55000) über die Anforderungen eines AM-Managementsystems (ISO 55001) zu einem Leitfaden zur Anwendung eines AM.

09:30 ISO 55000 Asset Management z Entwicklung und Inhalte der Norm z Nutzenaspekte und Vorteile z Anforderungen an die Organisation 10:15 Der automatisierte Asset Bericht z Netzkennzahlen, Netzstatistik, Leistungsstatistik z Performanz und Bewertungskennzahlen z Aufbau, Automatisierung und Umsetzung des Asset Berichts 11:00 Kaffee- und Teepause 11:15 Das technisch/kaufmännische Asset. An asset management system is a set of interrelated and interacting elements of an organization, whose function is to establish the asset management policy and asset management objectives, and the processes, needed to achieve those objectives ( ISO 55000 point 3.4.3). In this context, the elements of the asset management system should be viewed as a set of tools, including policies, plans. Asset-Management von Versorgungsnetzen in Anlehnung an die DIN ISO 55000-ein Beitrag zum Unternehmenserfolg? 2 Gunar Schmidt 08.03.2018 1. Vorstellung Stadtwerke Jena Netze 2. Asset-Management 1. Einführung 2. Was ist Asset-Management? 3. Warum Asset-Management? 4. Nutzenversprechen 5. Handlungsfokus verschiedener Akteure 6. Das IAM-Modell 7. Zentrale Konzepte Agenda. Gunar Schmidt 08.03.2018. and regions, laying the foundation for the ISO 55000 suite of standards, which was published in January 2014. From an asset management and company perspective, staying competitive and providing excellent customer service is of incredible value. But this requires access to relevant and real-time asset lifecycle information at any time, regardless of asset location or ownership. On-premise and.

ISO 55000 Framework Summary Plan Check Do Act ISO 55001 Asset Management System 4 Context of the Organization 4.1 Understand the organization and its context 4.2 Understand the needs and expectations of stakeholders 4.3 Determine the scope of the asset management system 4.4 Asset management system 5 Leadership 5.1 Leadership and commitmen The ISO 55000 standard, developed on the basis of the British PAS 55 standard in the field of asset management, establishes a general overview of asset management, defining its principles and terminology: in support of this standard, ISO 55001 defines the requirements of an asset management system, while ISO 55002 provides a useful guide to the application of ISO 55001 The family of Standards ISO 55000 on Asset Management aims to support a kind of management oriented to obtain value from assets. Besides these standards, other frameworks have help to define and. ISO 55000 series provides terminology, requirements and guidance for implementing, maintaining and improving an effective asset management system, that can be applied to all types of assets and by all types and sizes of organizations

Asset Management - ISO5500

Unsere Themen für Sie. Das Seminar soll Führungskräften und Asset Managern aus Ver- und Entsorgungsunternehmen anhand der DIN ISO 55000 einen Überblick über den aktuellen Diskussionsstand im Asset Management geben und gleichzeitig Praxiserfahrungen aus der Umsetzung vermitteln In early 2014, the International Organization for Standardization (ISO) published ISO 55000 standards for asset management.Although this international standard is not specific to the water and wastewater industry, it is structured around the Plan-Do-Check-Act cycle of continuous improvement and provides standard guidance that enables organizations to achieve their objectives through effective. This course provides an overview of the ISO 55000 Asset Management series of standards and how to use ISO 55001 requirements to drive improved business outcomes. Further, this course provides information on how to develop an ISO 55001 implementation plan Asset Management Data and Decision Making - Implementing ISO 55000 A vital element of effective Asset Management is decision-making that is evidence-based and data-driven. In addition, sufficient, accurate data and.. ISO 55000 und ISO 55002 ergänzen ISO 55001, indem sie den Überblick, die Grundsätze und die Terminologie (ISO 55000) sowie Leitfäden für ihre Umsetzung (ISO 55002) bieten. Diese Norm konzentriert sich auf die Notwendigkeit eines Managementsystems und spezifiziert daher keine finanziellen, buchhalterischen oder technischen Anforderungen für das Management bestimmter Asset-Typen

ISO 55000 and ISO 55002 complement ISO 55001 by providing the overview, principles, and terminology (ISO 55000) and guidance for its application (ISO 55002). This standard focuses on the need for a management system, and thus does not specify financial, accounting, or technical requirements for managing specific asset types The ISO 55001 Asset Management System can be used by any organization with a portfolio of physical or intangible assets to manage. By establishing an asset management policy, companies can define responsibilities, allocate resources, facilitate communications, manage changing portfolios and evaluate performance for continual improvement. Cementing your reputation for asset protection.

ISO - ISO 55000:2014 - Asset management — Overview

Implement proven practices, processes and procedures with our ISO 55000 compliant Asset Management Playbook. Develop clean, standardized, and enriched MRO materials data with the Quality Data Manager. Assess and score your operation against best practices with the Value Map Assessment. Utilize the EAM Library™ to fast-track your asset management excellence initiative. Get Started with a Free. Die ISO 55001 behandelt Prozesse zur Bewirtschaftung der Assets und dient als Zertifizierungsgrundlage. Diese hilft nicht nur bei der Überprüfung eigener Abläufe, sondern macht sich auch in der externen Wahrnehmung bezahlt. Inhalte - Asset Management (2 T.) Übersicht und Prinzipien der ISO 55000 ff. Einbindung in die Organisationsstruktu In addition, it describes the approach the organization takes to comply with these asset management objectives. SAMP and ISO 55000. ISO 55001, the standard for asset management, provides little requirements for the content of a SAMP. A well designed SAMP forms are a practical basis asset management in your organization. In addition, a SAMP can cover a wide range of ISO 55001 requirements. ISO 55000 Overview 1. 1© Life Cycle Engineering 2013© Life Cycle Engineering 2013 1© Life Cycle Engineering 2008 Leveraging the ISO Standard to Manage Risk and Realize Value of Your Organization's Assets Randy Heisler LCE ISO 55000 Insurers may also assess the adequacy of an organisation's Asset Management system using ISO 55000 when determining premiums, providing additional incentive. Marketing strategy - Some organisations may simply see some form of certification as offering an inducement to investors or providing some other commercial advantage. If the objective is merely to tick the box with certification.

The asset management standard ISO 55000 series is introduced and reviewed. The link between its sections and important aspects of asset management which have been discussed is highlighted. Where to obtain further information about the standard and how to assess one's organization against it are discussed. This AZTech online training course will feature: The asset management system. Die ISO 55000 ff. bestärken den Asset Manager darin, diese ganzheitliche Perspektive einzunehmen und ermöglichen es, dass u.a. die Wartung und Instandhaltung der Anlagen entsprechend der vorgegeben Ziele betrieben wird. Die ISO 55001 behandelt Prozesse zur Bewirtschaftung der Assets und dient als Zertifizierungsgrundlage. Diese hilft nicht nur bei der Überprüfung eigener Abläufe, sondern.

A growing number of regulatory bodies are moving to risk-based frameworks, forcing organizations to rethink how they manage their fleets of aging assets. At the same time, the new ISO 55000 international standard is gaining traction and raising the bar of what is considered competent asset management Assurance applies to asset, asset management and the asset management system. More about ISO 55000. ISO 55000 is a set of three standards or documents, issued by the International Organization for Standardization released its first series of standards on asset management in January 2014. These three documents are: ISO 55000:2014 Asset management - Overview, principles and terminology; ISO. BS ISO 55000:2014 Asset management. Overview, principles and terminology, was published by the British Standards Institute (BSI) in January 2014.. British Standard (BS) publications are technical specifications or practices that can be used as guidance for the production of a product, carrying out a process or providing a service.ISO's (International Standard Organisation) are international. ISO 55000. International standards ISO 55000 provide a global consensus on asset management and what it can do to increase value generated by all organisations. ISO 55000 gives the following definition of asset management

ISO 55000 - Wikipedi

Building your ISO 55000 Wind Asset Management System

DIN ISO 55000 - 2017-05 - Beuth

Asset Management Plans: An ISO 55000 Building Block. By Rick Wheeler, Life Cycle Engineering. With the increased adoption of the ISO 55000 Standard for Asset Management, released in early 2014, more and more companies are contacting us and asking for help in understanding the standard and developing an ISO-compliant asset management system. Based on the questions we hear from our clients, I. How ISO 55001 Takes a Holistic Approach to Asset Management. ISO 55001 takes seven different perspectives to develop the standardised approach to asset management systems. Taking multiple perspectives is one of the core advantages of adopting ISO 55001 as it offers a holistic asset management approach. The seven clauses are outlined below: Context of the Organization. This is Clause No 4 of. Our senior asset management specialists are available to consult on all issues related to your equipment and plant, including getting your organisation ready for ISO 55000 accreditation. Our asset maturity assessments help develop asset management policy, strategy and implementation, and lay the foundation for ongoing asset care plans. Implementing an ISO 55000 based asset management system will give you far more than just confidence that you are complying with legislation. Why ISO 55000. ISO 55000 is the best known and most credible asset management standard. It shows that a business takes a lot of care when it comes to specifying, purchasing, operating, maintaining and. Asset Management. Combining the ISO 55000 series with the field proven expertise in Asset Management assures that best practices will be embedded from the start of the development and/or improvement of the Asset Management System. The Asset Management policy and strategy will be aligned with your organizational strategic plan. The design of the Asset Management processes, organization and.

To comply with ISO 55000 you must have an asset management system. The goal of an asset management system is to establish the policies, objectives, and processes needed to achieve an organization's goals. ISO offers an excellent description of the asset management system as a set of tools. These tools include policies, plans, and business processes. An essential requirement of an asset. 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; According to the IAM, These three international standards are important not only for their content, but because they represent a global consensus. Die ISO 55000 wurde im Jahr 2014 als Standard für Asset Management und Asset-Management-Systeme veröffentlicht. Mit Hilfe dieses Standards werden technische, regulatorische und kaufmännische Bereiche zusammen mit den Unternehmensziele zu einer Asset Management Strategie verknüpft. Im Bereich der Energiewirtschaft und speziell bei Verteil- und Übertragungsnetzbetreibern ergeben sich. The ISO 55000 asset management standard offers numerous tangible and intangible benefits to asset-intensive organizations - but implementing a successful, compliant program can be a daunting task. ABB can help. Published by the International Organization for Standards (ISO), ISO 55000, 55001 & 55002 delivers a disciplined framework, incorporating a comprehensive, risk-based approach. This.

Learning how to implement ISO 55000 for successful asset management can yield tangible performance benefits. Based on key performance indicators, and covering elements such as risk, cost, plant reliability, safety, and regulatory compliance, ISO 55000 can ease critical decision-making. By requiring companies and organizations to map the key variables that are central to their particular. The ISO 55000 series is comprised of the three standards in asset management—ISO 55000, ISO 55001, and ISO 55002. When used together the three standards provide a framework and guidelines for the formulation and implementation of an integrated and effective asset management system. The assets included in such a system are both tangible and intangible. These standards were developed over the.

Asset Management DIN ISO 55001 TÜV SÜ

Grundlagen für Asset Management - ISO 55000 ff. Unser Seminar gibt Ihnen einen Überblick über die wesentlichen Forderungen der ISO 55000 ff und wie Sie die Wertschöpfung Ihrer Organisation durch effektives Asset Management verbessern können. Empfehlen Sie uns weiter: Asset Management (Anlagenwirtschaft) beschäftigt zunehmend die Unternehmen. Im Fokus stehen neben der Verfügbarkeit und. The asset management standard ISO 55000 is introduced and reviewed. The link between its sections and important aspects of asset management which have been discussed is highlighted. Where to obtain further information about the standard and how to assess one's organisation against it are discussed. The following aspects are covered in a straightforward way: The asset management system. General introduction and history of Asset Management; ISO 55000 fundamentals and requirements; The main Asset management concepts, e.g. - operating model for clear decision-making - risk management for proactive and holistic business management - line of sight (AM Strategies - AM Plans - Portfolios) Training goals / benefits . You have insight into the concepts and practices of strategic. ISO 55000 is the first international asset management standard which provides terminology, requirement and guidance for implementing, maintaining and improving an effective asset management system. In this paper, the development of distribution asset management in China and the globe are introduced. The main content of ISO 55000 series standards is described. Two series of standards of PAS 55.

Effective asset management - GRC and ISO 55000 By Caroline May 26, 2020. Effective asset management is the coordinated activity of an organisation to realise value from its assets and is dependent on accurate, up-to-date and quality asset information. This requires asset management to interact with many functions and departments of an organisation as assets can touch many areas. During an. ASSET MANAGEMENT TURNAROUND WITH PRYSMIAN • Prysmian, The Netherlands • Manufacturing of high-end fiber optic cable • 2016 -now • Full implementation of Asset Management best practices incl. interim management - ISO 55000 gap analysis, improvement plan, maintenance engineering, process optimization (value stream mapping) 27. 10. CONCEPTUAL DESIGN FOR ASSET MANAGEMENT SYSTEM UNDER THE FRAMEWORK OF ISO 55000 Sungin CHO Khanh-Loc NGUYEN Jos M. WETZER DNV GL Clean Technology Centre DNV GL Clean Technology Centre DNV GL Energy Advisory Singapore Singapore The Netherlands Sungin.Cho@dnvgl.com Khanh.Loc.Nguyen@dnvgl.com Jos.Wetzer@dnvgl.com ABSTRACT Electrical utilities are requested to operate the power network at.

ISO 55001 Asset Management TÜV NOR

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 ISO55002:2014 Leitlinie zur Einführung eines Asset Management Systems (AMS) Diese Normenreihe ist 2014 in Kraft getreten. Um den Bekanntheitsgrad zu erhöhen und das Interesse von Firmen für das Asset Managementsystem nach ISO 55000 zu erwecken, wird es im neu überarbeiteten Maintenance Award Austria durch Fragen zu diesem Thema berücksichtigt ISO 55000 recognizes asset management as a distinct professional discipline complementary to many other professional disciplines such as planning, design, program management, real estate management, facility management, and operations and maintenance management. The intention behind its release is to do for asset management what the ISO 9000 series has done for quality management and ISO 14000. Neue Wege im Asset Management in der Versorgungswirtschaft -Impulse durch die DIN ISO 55000. Grundlagen und Beispiele für eine erfolgreiche Umsetzung. Seminar mit Praxisbeispielen . Berlin, 21. November 2017 . Berlin. Uhlandstraße 7-8. D-10623 Berlin. Stuttgart. Sarweystraße 3 D-70191 Stuttgart. Mit der Veröffentlichung der DIN ISO 55000 im Frühjahr 2017 steht erstmals eine Richtlinie in. ISO 55000 questions whether you are managing all of these as you would a physical asset, and sees asset management as a coordinated set of activities to realize all the value of all assets. So, to use a paradox, asset management is not about managing assets, but about delivering real business value. Organizations deliver that by aligning everyone's understanding of value and understanding of.

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Implementing ISO 55000 - Part 4 - Developing a StrategicInsights from the ” Asset Management for the 21st CenturyISO 55000: Creating and implementing an asset management

Creating an Asset Management System should be in accordance with your organisation's Asset Management Policy. When you are setting up a system, you should incorporate a operational tool into your workflows, Assingar's customers have accomplished this and streamlined their entire asset management system. Here is how you can use Assignar as part of your ISO 55000 Asset Management System For the purposes of this Part of ISO XXXX, asset management is defined in 3.2 as the: systematic and coordinated activities and practices through which an organization optimally and sustainably manages its assets and asset systems, their associated performance, risks and expenditures over their life cycles for the purpose of achieving its organizational strategic plan where an organizational. The Asset Management Policy is defined by the ISO 55000 standard as the set of principles an organization will employ to meet objectives - not asset management objectives but organizational objectives. It is leadership's opportunity to create vision and focus. In many ways it is a reflection of values and culture. It is more about what we do than what we say. This is very clear in what is. Principles of Asset Management Definition ISO 55000 clauses Links with SustainableDevelopment Asset Management Challenges . In 2004 the UK Institute of Asset Management, in conjuctionwith British Standards Institution, developed PAS 55, the first publicly available Introduction 4 specification for optimized management of physical assets. This has proven very successful, with widespread. ISO 55000 is an internationally-recognized standard for Asset Management. It addresses the strategic and tactical management of assets, with an emphasis on value derived from assets and the management of risk. As of year-end 2020, over 300 organizations internationally have formally implemented ISO 55000, and have seen both operational and financial improvements due to the concepts promulgated. ISO 55000 Asset Management provides a strategic roadmap for becoming a high performance organization, and guides leaders in assessing the maturity of their asset management systems and sustaining their high performance organizations. Whether you start big, or start small, ISO 55000 will guide your way. Jack Kelly and Michael Hardy April 2018 4 ISO 55001 Asset Management supersedes PAS 55 (www.

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