ISO 55000:2014 provides an overview of asset management, its principles and terminology, and the expected benefits from adopting asset management. ISO 55000:2014 can be applied to all types of assets and by all types and sizes of organizations.

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.

What is ISO 55000? ISO 55000 is the foundational part of the ISO 55000 series, focusing on asset management. This standard provides an overview, terminology, and principles necessary to develop a proactive asset management system.

ISO 55001 specifies requirements for an asset management system, while the other standards detail sector-specific, asset-specific or activity-specific technical requirements or give guidance on how ISO 55001 should be interpreted and applied within a specific sector or to particular asset types. 0.3 Target audience.

ISO 55000 is a globally recognized standard for asset management that may be used by businesses of any size and in any industry. It was created by the International Organization for Standardization (ISO) to aid organizations in risk management by establishing performance criteria that are refined over time as part of a continuous improvement cycle.

Feb 2, 2014 · ISO 55000 consists of three standards: Introduces the critical concepts and terminology needed to develop a long-term plan that incorporates an organisation’s mission, values, objectives, business policies and stakeholder requirements.

ISO 55000:2014(E) Introduction 0.1 Purpose This International Standard provides an overview of asset management and asset management systems (i.e. management systems for the management of assets). It also provides the context for ISO 55001 and ISO 55002.

ISO 55000 is the foundational part of the ISO 55000 series, focusing on asset management. This standard provides an overview, terminology, and principles necessary to develop a proactive asset management system.

ISO 55000 provides a structured approach to managing an organization's assets effectively, enabling organizations to achieve their strategic goals while balancing cost, risk, and performance related to their assets .

The ISO 55000 family is the first management system standards to implement the new ISO Annex SL, providing a consistent basis for all management systems and enabling better integration and coordinated monitoring, audit and certification.