ISO 55001 Asset Management


Maximising the lifecycle return on investment for capital assets, without compromising on safety or risking the environment is critical in today’s complex multi-stakeholder situations. 

With ISO 55001 Asset Management System certification, you can give stakeholders confidence that you have embedded asset management best practice and taken steps to differentiate your organisation. 

Bureau Veritas is a global leader in certification, ready to support you on your ISO 55001 journey. 

What is ISO 55001?

Built upon 24 best practice aspects, ISO 55001 Asset Management System drives cost efficiency, value creation and risk management across the lifecycle of assets, from their design and fabrication/construction, through commissioning, operations, maintenance, modification and renewal, to their eventual disposal or decommissioning.

ISO 55001 is part of the ISO 55000 series of standards, bringing consistent terminology, guidance and a robust management systems framework to support organisations in meeting the requirements of the most successful publicly available specification on asset management, PAS 55. 

What are the benefits of ISO 55001 certification?

The benefits of ISO 55001 include better management of assets to reduce risks and improve performance: 

  • Manage an asset throughout its lifetime to improve performance

  • Identify risks and balance them against cost efficiency in all decisions

  • Improve return on investment or optimise growth across the asset lifecycle

  • Create  a common language between operational and financial departments

  • Foster the sharing of asset management best practices between departments and sites

  • Priority setting for assert management maintenance

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Why choose Bureau Veritas for ISO 55001 certification?

With a team of certification specialists, Bureau Veritas works with organisations to establish their readiness for certification, provide audit services and deliver a wide range of training resources to help improve knowledge across key areas of your business.

  • A global leader with more than 150,000 active ISO certificates and 7,400+ skilled auditors worldwide
  • Strong understanding of local regulations, markets and language to help meet your individual needs
  • Recognised by more than 40 national and international accreditation bodies across the world
  • Complete peace of mind from an impartial, independent third-party
  • What is the difference between ISO 55000 and ISO 55001?

    ISO 55000 and ISO 55001 are both related to asset management ISO 55000 provides the principles, framework, and terminology for asset management, while ISO 55001 provides the requirements for an asset management system.

  • What are the five stages of asset life cycle management?

    The five stages of asset life cycle management are planning, acquisition, operation and maintenance, decommissioning and disposal. They provide a structured approach to managing assets, supporting organisations to optimise performance, reduce costs and minimise risks.

  • Why is ISO 550001 certification important in construction?

    ISO 55001 can help construction companies to improve the management of their assets, reduce costs, minimise risks, and improve their competitiveness in the marketplace. This can result in improved project delivery times, reduced costs, and enhanced stakeholder confidence and trust.

  • Why is ISO 550001 certification important in manufacturing?

    Although ISO 55001 is relevant for organisations in many industries, manufacturing is one of the key sectors that will most benefit from a structured approach to asset management. It can improve efficiency, reduce risks, improve competitiveness and enhance stakeholder relations for manufacturers.

  • What is Plan-Do-Check-Act (PCDA)?

    PCDA is a continuous improvement cycle used in the implementation and maintenance of an asset management system based on ISO 55001. This four-step process helps organisations to continuously improve their asset management processes and practices.


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