ISO 55001:2014
Asset Management System
Framework for managing the lifecycle of physical and intangible assets effectively
ISO 55001:2014 establishes requirements for an asset management system. It helps organizations manage the value of their assets over their lifecycle—from acquisition to disposal—ensuring performance, cost-efficiency, and sustainability.
Who Should Get Certified
- Ideal for asset-intensive sectors such as:
- Utilities and infrastructure providers
- Public works and municipalities
- Transportation and logistics companies
- Real estate and facility managers
- Energy and oil/gas sectors
- Manufacturing industries
Benefits of ISO 55001:2014 Certification
Optimizes asset performance and lifecycle costs
Reduces unplanned downtime and maintenance costs
Enhances risk management and decision-making
Aligns asset strategy with organizational objectives
Supports compliance with regulatory and industry standards
Certification Process
- Application & Asset Scope Definition
Client provides details on asset types and management objectives. - Quotation & Agreement
Certification body prepares a quote based on asset scale and complexity. - Stage 1 Audit – Documentation Review
Evaluation of asset policies, lifecycle planning, and risk assessment. - Stage 2 Audit – Implementation Evaluation
On-site audit of maintenance, performance tracking, and asset controls. - Certificate Issuance
Certificate granted upon successful audit completion. - Surveillance Audits
Annual audits to verify continuous improvement and system performance.
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