Optimise the management of business assets.

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Certification of your asset management system demonstrates your commitment to consistency, continual improvement and customer satisfaction. These are tangible business benefits that play an important part in building resilience and sustainable business performance.

The ISO 55001 standard provides specific requirements for an asset management system that proactively manages the lifecycle of assets, from acquisition to decommission. It will enhance your ability to deliver products and services that meet customer, as well as statutory and regulatory, demands.

What is ISO 55001?

ISO 55001 is an internationally recognised standard for achieving an integrated management system for asset management. Having grown out of PAS 55, ISO 55001 is being widely adopted in utilities, transport, mining, process and manufacturing industries worldwide.

Applicable to all types of company in any industry, the standard applies to all assets, whether physical, financial, human or intangible, in both the public and private sectors.

• ISO 55001 sets out criteria for an asset management system to proactively realise the value of an organisation’s assets.
• It manages risks and improves performance through informed decision making, associated with asset life cycle.
• It establishes assurance for customers and regulators – where assets play a key role in the provision and quality of products and services.
• It gives confidence to stakeholders through the knowledge that a strategy is in place to ensure that assets meet the necessary safety and performance requirements.

Benefits of becoming certified

Checking that your asset management system works is vital. Certification to ISO 55001 by an independent third-party verifies how your asset management system is performing and demonstrates your work in applying effective management principles within the organization.

As a result, you can:

• Build trust in your management system’s performance internally and externally by applying effective asset management principles within the organization.
• Implement a structured approach to continually improving processes and knowing where to focus efforts.
• Enhance customer confidence and satisfaction, which in turn can lead to increased business.
• Gain a significant competitive advantage by meeting any management system certification business requirements from customers, suppliers and sub-contractors in order to conduct business with them.

Getting started

To be certified, you first need to implement an effective asset management system complying with the standard’s requirements. DNV is an accredited third-party certification body and can help you throughout the journey starting from relevant ISO 55001 training to self-assessments, gap analysis and certification services.

Learn more about how to get started on the road to certification.