ISO 55000 is about using the organisation’s assets for maximal gain

Important Note: If unsure of the background to the ISO 55000 standard, read the "S820: What is Asset Management and how does it differ from Maintenance” page.

The discipline of Asset Management is increasingly important. In Asset Management full regard for achieving maximum benefit from the organisations’ assets is intended. Such expertise draws from all functions within an organisation: from business, financial, human resources, as well as operations and maintenance management. It is particularly challenging, therefore, to gain a good understanding of the discipline across the whole breadth of the knowledge base.

The ISO 55000 standard assists asset intensive businesses to achieve excellence in Asset Management. This is of critical importance when dealing with shareholders and regulators, who expect first-class results from the business’ assets.

The S822 course is meant to assist the organisation in implementing the ISO 55000 standard. It assumes that the participant understands what the ISO 55000 standards entail (per the S821 course).

Benefits of implementing ISO 55000 includes:

• The application of an asset management system provides assurance that the organisation's objectives can be achieved consistently and sustainable over time.
  
• Asset management enables an organisation to examine the need for, and performance of, assets and asset systems at different levels.
  
• Aligning the asset management objectives with the organisational objectives, as well as linking asset reports to financial reports, improves the organisation’s effectiveness and efficiency.
  
• Additional benefits:
  
  • Improved financial performance
    
  • Managed risk
    
  • Improved organisational sustainability

Course Content

Who Should Attend

Maintenance Managers, Maintenance Engineers, Reliability Engineers, Production Managers, Business Managers.