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In 2002-2004 the UK Institute of Asset Management, in conjunction with British Standards Institution, developed PAS 55, a publicly available specification for the management of physical assets. With  widespread adoption in utilities, transport, mining, process and manufacturing industries worldwide it  is successful and accepted standards within the asset management community. The International Standards Organization (ISO) has now accepted PAS 55 as the basis for development of the new ISO 55000 series of international standards.

The ISO 55000 series will comprise three standards:

  1. ISO 55000 provides an  overview of asset management, its principles, terms and definitions, and  the expected benefits from adopting asset management along
  2. ISO 55001 specifies the requirements for asset management  system within an organization
  3. ISO 55002 provides guidance on implementing such an asset management system as specified in ISO 55001

The standards are now completed, finalized,  and approved, and are available from the various national standards bodies.

The Enterprise Asset  Management  Special Interest Group (SIG) is holding a webcast on ISO55000 that might be of interest to those of you in the Enterprise Asset Management world: ISO 55000 “ ISO 55000 – What, Why and How” . This webcast will be held February 19, 2014 12pm EST.

This webcast Presented by John Woodhouse, one of the best known international experts in the subject (and member of the ISO55000 development team), the webcast is your opportunity to hear the story and recent case studies and understand the practical implications and performance improvement opportunities that ISO55000 represents.

This webcast will be part one of a three part series surrounding the ISO 55000 standard.

Use the following  link to register http://www.asug.com/events/detail/ISO-55000-What-Why-and-How

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