scope:

Introduction

This guide - Scope and usage

Every organization has a unique combination of assets, objectives, constraints, stakeholder expectations, strengths and weaknesses. And each organization will have challenges and opportunities in coordination, alignment of purpose, delivering performance, controlling costs and risks, retaining stakeholder confidence and ensuring future sustainability. This guide is designed to help you to determine and prioritize your own organization's particular requirements, and to understand how the ISO 55000 family of standards can be applied.

The guide explains the role of the three standards within the ISO 55000 family, which are:

• ISO 55000, Asset management - Overview, principles and terminology

• ISO 55001, Asset management - Management systems - Requirements

• ISO 55002, Asset management - Management systems - Guidelines for the application of ISO 55001

The guide does not seek to duplicate the content of the standards; rather it aims to assist in the understanding and interpretation of their content to your particular environment, to identify the potential benefits of their adoption, and to help you to prepare for their implementation.

The guidance provided in this document is organized into three main sections:

• Basic introduction to asset management - underlying concepts, history of the discipline, development of standards for good practice, and the results obtained by better asset management. This expands upon the concepts and subject matter contained in ISO 55000.

• Management systems for asset management - ISO 55001 structure and requirements, getting ready for ISO 55001 certification, integration with other systems, auditing, certification and continual improvement. This will assist you in designing, implementing and integrating the individual elements necessary for a management system, and in ensuring that it remains fit for purpose.

• Asset management maturity - determining the existing strengths and weaknesses of your organization, the actions needed to improve, and the potential benefits available. This will help you to identify the business justification and suitable scope for a management system for asset management.

In each case, the guide provides you with simple practical advice and examples from different environments. Many of these examples relate to the management of physical assets but there are also plenty of cases showing how the same principles apply to non-physical assets such as intellectual property, financial resources, people and even 'intangible' assets such as reputation.