What is ISO 55001 Asset Management ?
ISO 55001 is a framework for an asset management system that will help your business to pro-actively manage the lifecycle of your assets, from acquisition to decommission. This system helps you to manage the risks and costs associated with owning assets, in a structured, efficient manner that supports continual improvement and on-going value creation.
What are the benefits of ISO 55001?
An asset management system provides a structured, best practice approach to managing the lifecycle of assets.
- Reduced risks associated with ownership of assets – anything from unnecessary maintenance costs and inefficiency to accident prevention (explosions at gas plants for example)
- Improved quality assurance for customers/regulators – where assets play a key role in the provision and quality of products and services
- New business acquisition - stakeholders gain confidence from the knowledge that a strategy is in place to ensure assets meet the necessary safety and performance requirements
- Supports international business growth – demonstrating that the requirements of an internationally recognised asset management system are being met
