Assurance – asset management gives assurance that assets will fulfill their required purpose.Leadership – leadership and workplace culture are determinants of realization of value.
- Alignment – asset management translates organizational objectives into technical and financial decisions and plans.
- Value – assets exist to provide value to the organization and its stakeholders.
- 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: This led TC 251, the technical committee managing the ISO 55000 series, to initiate a complete rewrite of ISO 55002. The original ISO 55000 suite of asset management system standards was launched in 2014 – and the past four years have taught us a lot about how the standards are being implemented and where additional guidance was necessary.
The 4 Fundamentals of Asset Management in ISO 55002