Quality

Asset Management

About the Standard

Every organisation needs to manage its assets (funds, resources) optimally and sustainably to meet customer expectations, while balancing risk, efficiency and cost throughout their life cycle. The ISO 55000 family of standards deals with asset management – its requirements can be certified and the system can be integrated with most existing management systems (e.g. ISO 9001, ISO 14001).

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Many organisations decide to establish the system, with the goal of managing their assets in value-based manner. Assets are tangible (equipment, machines, real estate, etc.) and intangible (licence, intellectual property, reputation of the organisation, etc.).

While managing assets, organisations are following variety of goals, such as:

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