What is ISO 55001?
Executive‑Level Overview ISO 55001 is a globally recognized standard that defines the requirements for establishing and operating an effective Asset Management System (AMS) . Part of the broader ISO 55000 family, it provides a disciplined framework for organizations to optimize asset value, strengthen risk resilience, and ensure long‑term sustainability across the asset lifecycle. What Is ISO 55001? ISO 55001 sets out the formal requirements for designing, implementing, maintaining, and continuously improving an asset management system. It enables organizations to take a systematic, structured, and risk‑informed approach to managing physical and non‑physical assets, ensuring that asset performance, cost, and risk are aligned with strategic objectives. Why ISO 55001 Matters 1. Maximizing Asset Value The standard helps organizations translate asset performance into tangible business value. By aligning asset management activities with enterprise strategy, organizations can enhance...