ISO 55001 accreditation provides a strong foundation for maximizing the lifecycle return on investment for capital assets, without compromising on safety.
What is ISO 55001?
The ISO 55000 series of standards has brought the most successful publicly available specification: PAS 55 to organizations globally, bringing consistent terminology, guidance, and a robust management systems framework built upon 24 best practice aspects to the discipline of asset management. ISO 55001 Asset Management System (AMS) implementation drives cost efficiency, value creation, and risk management across the lifecycle of assets, from their design and fabrication or construction through commissioning, operations, maintenance, modification and renewal to their eventual disposal or decommissioning.
ISO 55001 Certification
• Understand the context of the organization and its stakeholders’ needs and expectations
• Engage leadership in resourcing and communicating a Strategic Asset Management Plan
• Establish an asset management policy that is consistent with organizational objectives
• Define, document and communicate roles, responsibilities, and authorities
• Plan and set asset management objectives and how to achieve them in light of identified risks and opportunities
• Allocate resources, define and document competencies internally and externally (such as when using outsourced providers)
• Coordinate information management to give a single, shared view of the asset that enables clear communication, knowledge transfer and activity tracking for those working under the control of the organization (whether they be employees, contractors, outsourced providers and other stakeholders involved in designing, constructing, operating, maintaining or otherwise managing assets)
• Manage and plan for changing situations in the asset portfolio
• Measure and evaluate asset management performance
• Audit and review the effectiveness of the AMS to ensure continual improvement
ISO 55001 AMS can be applied to any type of organization, large or small, public or private with a portfolio of physical infrastructure, equipment, human or informational assets to manage. Distributed, diverse, complex, multi-stakeholder managed asset portfolios will particularly benefit from the additional discipline ISO 50001 brings.
• Provide transparency to stakeholders over the appropriate utilization of funds.
• Enhance your reputation and differentiate from the competition.
• Identify opportunities for improvement to drive benefits year after year.
• Embed the asset management system in the culture of the organization.
The Bureau Veritas approach to certification has been established over 30 years and is supported by a global accreditation held with the United Kingdom Accreditation Service (UKAS).
• Definition of certification scope.
• Pre-audit (optional): gap analysis and diagnosis of your current position against the standard.
• Certification audit performed in 2 stages:
Stage 1: Readiness review performed to verify that the organization is ready for certification
Stage 2: Evaluation of implementation, including the effectiveness, of the management system of the organization
• A certificate valid for 3 years is issued upon satisfactory results of stage 2 audit.
• Surveillance audits to verify that the management system continues to fulfill the requirements of the standard and monitor the continual improvement.
• Re-certification after 3 years to confirm the continued conformance and effectiveness of the management system as a whole.