 |
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 [1] [2] was launched in January 2014.
PAS 55 was originally produced in 2004 by a number of organisations under the leadership of the Institute of Asset Management. It then underwent a substantial revision with 50 participating organisations from 15 industry sectors in 10 countries. PAS 55:2008 (available in both English and Spanish versions) was released in Dec 2008 along with a toolkit for self-assessment against the specification. [3]
The PAS gave guidance and a 28-point requirements checklist of good practices in physical asset management; typically this was relevant to gas, electricity and water utilities, road, air and rail transport systems, public facilities, process, manufacturing and natural resource industries. It was equally applicable to public and private sector, regulated or non-regulated environments.
The standard was split into two parts:
It was also accompanied by a comprehensive Competencies Framework for asset managers.
The ISO 55000 Series
Established in August 2010, ISO Project Committee 251 held its first plenary meeting in Melbourne, Australia in early 2011; its final meeting was in Calgary in early 2013. After almost four years of development, three international standards (55000/1/2) were launched in London on 5 February 2014: [4]
These standards are available in English, French, Spanish, Russian, Chinese, Japanese, Dutch, Swedish, Danish, Portuguese (Brazil) and Portuguese (Portugal), Farsi, Serbian and Finnish. In 2015 the ISO Technical Committee 251 was created to continue work on Asset Management standards and evolving the three existing standards. In 2016 the formal revision process of ISO 55002 was launched. [5] In 2017 two new projects were launched: [6]
ISO 55002:2018
In November 2018 a revised and expanded version ISO 55002:2018 was released. [7] General improvements include expanded detailed guidance for every clause of the 55001 requirements document, and clarification of the contribution of each requirement to the four ’fundamentals’ of asset management: Value, Alignment, Leadership and Assurance. It also describes how to apply the requirements of ISO 55001 to the key domains of asset management:
ISO/TS 55010:2019
In September 2019 ISO/TS 55010:2019 was released. [8] This Technical Specification is a guideline enabling organizations to better understand why and how alignment between financial and non-financial functions is important in realizing value from assets.
Endorsed Assessors
The Institute of Asset Management developed endorsement schemes for recommending competent assessors and training providers. [9] The World Partners in Asset Management have developed a Certified Asset Management Assessor (CAMA) [10] certification scheme based on the Global Forum on Maintenance and Asset Management's Competency Specification for an ISO 55001 Asset Management System Auditor/Assessor. [11]
The ISO 9000 family of quality management systems (QMS) is a set of standards that helps organizations ensure they meet customer and other stakeholder needs within statutory and regulatory requirements related to a product or service. ISO 9000 deals with the fundamentals of QMS, including the seven quality management principles that underlie the family of standards. ISO 9001 deals with the requirements that organizations wishing to meet the standard must fulfill.
ISO/IEC 20000 is the international standard for IT service management. It was developed in 2005 by ISO/IEC JTC1/SC7 and revised in 2011 and 2018. It was originally based on the earlier BS 15000 that was developed by BSI Group.
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets and to intangible assets. Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner.
BS 99 was BSI's standard in the field of Business Continuity Management (BCM). It was withdrawn in 2012 and 2013 following the publication of the international standards ISO 22301 - ″Societal Security — Business continuity management systems — Requirements″ and ISO 22313 - ″Societal Security — Business continuity management systems — Guidance″
The ISO/IEC 27000-series comprises information security standards published jointly by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).
A Publicly Available Specification or PAS is a standardization document that closely resembles a formal standard in structure and format but which has a different development model. The objective of a Publicly Available Specification is to speed up standardization. PASs are often produced in response to an urgent market need.
ISO/TC 223 Societal security was a technical committee of the International Organization for Standardization formed in 2001 to develop standards in the area of societal security: i.e. protection of society from and response to incidents, emergencies, and disasters caused by intentional and unintentional human acts, natural hazards, and technical failures.
The Institute of Asset Management is a UK-based not-for-profit professional body for those involved in acquisition, operation and care of physical assets, especially critical infrastructure. It was instrumental in the development of the international standard ISO 55000 for asset management.
ISO 28000:2022, Security and resilience – Security management systems – Requirements, is a management system standard published by International Organization for Standardization that specifies requirements of a security management system particularly dealing with security assurance in the supply chain.
ISO/TC 176 is Technical Committee 176 of the International Organization for Standardization (ISO), responsible for Quality management and quality assurance - the ISO 9000 family of standards.
OHSAS 18001, Occupational Health and Safety Assessment Series, was an international standard for occupational health and safety management systems that was subsequently adopted as a British Standard. Compliance with it enabled organizations to demonstrate that they had a system in place for occupational health and safety. BSI cancelled OHSAS 18001 to adopt ISO 45001. ISO 45001 was published in March 2018 by the International Organization for Standardization. Organizations that are certified to OHSAS 18001 were able to migrate to ISO 45001 by March 2021 to retain a recognized certification.
ISO/TC 292 Security and resilience is a technical committee of the International Organization for Standardization formed in 2015 to develop standards in the area of security and resilience.
ISO 22313:2020, Security and resilience - Business continuity management systems – Guidance to the use of ISO 22301, is an international standard developed by technical committee ISO/TC 292 Security and resilience. This document provides guidance for applying the requirements for a business continuity management system (BCMS) in accordance with the requirements set out in ISO 22301:2019.
The Annex SL is a section of the ISO/IEC Directives part 1 that prescribes how ISO Management System Standard (MSS) standards should be written. The aim of Annex SL is to enhance the consistency and alignment of MSS by providing a unifying and agreed-upon high level structure, identical core text and common terms and core definitions. The aim being that all ISO Type A MSS are aligned and the compatibility of these standards is enhanced.
ISO/TC251 is the ISO Technical Committee for Asset Management responsible for the development of the ISO 55000 family of standards. These standards define good practices in asset management and requirements for a management system. The standards apply to all types of assets and to all organizations. TC251 was created in March 2015 and currently includes members of 35 participating countries, plus 17 observer countries. The Technical Committee manages six workgroups:
ISO 55001Asset management – Management systems – Requirements is a standard developed for the use of people or organizations involved in asset management. This standard was developed by ISO technical committee ISO/TC 251. ISO 55001 was published for the first time in January 2014.
ISO 22301:2019, Security and resilience – Business continuity management systems – Requirements, is a management system standard published by International Organization for Standardization that specifies requirements to plan, establish, implement, operate, monitor, review, maintain and continually improve a documented management system to protect against, reduce the likelihood of occurrence, prepare for, respond to, and recover from disruptive incidents when they arise. It is intended to be applicable to all organizations, or parts thereof, regardless of type, size and nature of the organization.
