ISO 55001 Asset management

What is ISO 55001?

ISO 55001 is a critical part of the ISO 55000 family of standards, focusing specifically on the requirements for a robust asset management system. This standard details the criteria necessary for establishing, implementing, maintaining, and improving an asset management system. It builds upon the principles outlined in ISO 55000 by providing specific requirements that organizations need to meet to achieve their asset management objectives effectively and efficiently.

ISO 55001 benefits

Optimized asset lifecycle: Aligns organizational objectives with the asset management system to maximize asset efficiency and value

Enhanced financial performance: Manages asset-related costs and risks to improve profitability and efficiency

Sustainability: Promotes responsible resource utilization and sustainable asset management practices

Reputation and reliability: Demonstrates effective risk management and reliability to stakeholders through certified practices

Who is 55001 suitable for?

ISO 55001 is suitable for any organization that relies on assets to achieve business objectives. This includes entities in sectors such as manufacturing, utilities, transportation, and public service, among others.