Business Overview

ISO 55001, as a brand new international standard, provides practical guidance for asset management. It focuses on helping enterprises develop a forward-looking asset management lifecycle system so as to help them optimize asset management, reduce costs, and meet the required performance and security requirements. Aiming at maximizing the value of organizational assets, the asset management system can identify an organization’s policies and strategic asset management plans by analyzing its internal and external environments. By embracing the asset management system, the organization can set up asset management objectives based on risk identification. Subsequent asset management decisions are made by balancing the risks, costs, and performance of the entire asset lifecycle. As asset management plans are formulated, resources will be provided to implement the asset management plans. Then, the system will check the progress of asset management plans and objectives, evaluate its conformity and effectiveness through internal audits and management reviews, and revise the policies and strategic asset management plans based on changes in internal and external conditions. Thus, a new cycle is starting to create greater value for the achievement of organizational goals.

Implementation Standard

GB/T 33173-2016/ISO 55001:2014

Benefits

- Enhance corporate value and control losses to optimize asset value;

- Integrate asset management into all management processes of organizations;

- Support asset decision-making processes with value and risk management;

- Apply systematic and structured methods for process control of asset value;

- Information-based asset management throughout the entire lifecycle;

- Fully consider changes in internal and external environments (political, economic, regional, competitive and technological factors)

- Pay attention to the humanistic factors of asset management, establish an asset management system with broad participation and deep communication, and leverage the role of participation by all employees and dedicated positions to maximize value and ensure transparency of risks;

- Continuously improve asset management effectiveness;

- Implement iterative and dynamic asset management.

Application Scenario

Applicable to various types and sizes of organizations, especially asset intensive enterprises (asset heavy enterprises), knowledge-intensive enterprises, and administrative and public institutions.

Related Business

Energy management system certification, facility management system certification