ISO 55001 Simplified

ISO 55001 Simplified

Tools to help you with your Strategic Asset Management. The foundations for any organisation that wants to implement or evolve their Asset Management System.

Released in 2014, the ISO 5500X suite of three standards was developed from the old British PAS 55 standard for Asset Management.

  • ISO 55000 – provides the overview of what Asset Management is.
  • ISO 55001 – the doing It provides the 73 “shall” statements of what must be included in an Asset Management System. This provides the basis for auditors and those wanting to go through the certification process
  • ISO 55002 – recently updated in 2018, this document provides some valuable guidance on how to implement 55001. Some useful examples and direction on what is meant in 55001.

ISO 55001 in particular, is the document that outlines what needs to be in an organisation’s Asset Management System. Not referring to the software or applications, but the collection of documented processes that support the broad range Asset Management activities across the whole organisation.

ISO 55001 - Compliance
Tools to help you with your Strategic Asset Management. The foundations for any organisation that wants to implement or evolve their Asset Management System.

Released in 2014, the ISO 5500X suite of three standards was developed from the old British PAS 55 standard for Asset Management.

  • ISO 55000 – provides the overview of what Asset Management is.
  • ISO 55001 – the doing It provides the 73 “shall” statements of what must be included in an Asset Management System. This provides the basis for auditors and those wanting to go through the certification process
  • ISO 55002 – recently updated in 2018, this document provides some valuable guidance on how to implement 55001. Some useful examples and direction on what is meant in 55001.

ISO 55001 in particular, is the document that outlines what needs to be in an organisation’s Asset Management System. Not referring to the software or applications, but the collection of documented processes that support the broad range Asset Management activities across the whole organisation.

ISO 55001 - Compliance
ISO 55001 - Analysis
For those keen on getting the most out of their assets, it provides great information on how to align corporate objectives with specific asset management outcomes.

While certification may not be on your company’s radar, the standards have very useful guidance for any organisation. Reeves Group involvement in the standards commenced prior to the release in 2014. We are certified assessors, able to provide assessments on your maturity and help identify gaps in your processes.

We were the project managers and subject matter experts for Australia’s first urban water utility to obtain certification in 2018. We are very proud of our involvement in this milestone and are more than happy to help any organisation along their journey whether be identifying their gaps or going through to certification.

ISO 55001 - Analysis
For those keen on getting the most out of their assets, it provides great information on how to align corporate objectives with specific asset management outcomes.

While certification may not be on your company’s radar, the standards have very useful guidance for any organisation. Reeves Group involvement in the standards commenced prior to the release in 2014. We are certified assessors, able to provide assessments on your maturity and help identify gaps in your processes.

We were the project managers and subject matter experts for Australia’s first urban water utility to obtain certification in 2018. We are very proud of our involvement in this milestone and are more than happy to help any organisation along their journey whether be identifying their gaps or going through to certification.

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