ISO 55000:2014 - Asset Management

ISO 55000:2014 - Asset Management

What is the ISO 55000 standard?

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.

Why is ISO 55000 important?

ISO 55000 is the global standard when it comes to physical asset management. Between faulty equipment, safety and environmental concerns, and automatic shutdowns, the health of a power plant's physical assets is critical to the success of the entire operation.

What is the ISO standard for asset management?

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.

What is the ISO standard for asset management?

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.