ISO has
developed a series of management program standards to help organizations
improve their performance. Management Plans build an organizational culture of
continuous improvement, visionary leadership, employee appreciation and
stakeholder engagement. Organizations use management systems to focus on
policies, objectives and processes to better achieve the objectives of the
organization.
The
standard of ISO 55001 helps organizations get the most value out of
their assets. It does not focus on the asset, but on the value the asset
provides to the organization. Asset Management translates organizational
objectives into technological strategies and financial decisions by aligning
leadership with employee culture, and providing assurance that assets will
achieve their desired purpose.
ISO 55001
provides a systematic way to link value derived from assets for organizational
purposes. The ISO 55001 standard provides the foundation and framework
for organizations to ensure that assets, assets and services are effectively
and efficiently managed to improve operational and risk functions, to achieve
organizational performance goals and impact on our quality of life.
The main
purpose of ISO 55001 is to acquire the best assets for the benefit of the
organization and its stakeholders. The Asset Management System provides
a comprehensive approach that can reduce the cost of ownership of an asset or
asset portfolio throughout the life cycle, reduce the risk of cracks and other
disruptions and improve the bottom line.
ISO 55001
is a top-down approach where decisions begin at the boardroom and thus align
the asset management strategy with the business plan. The ISO 55001 model
provides a structured framework for asset management in the organization and
its provision in a transparent manner. It also provides senior management with
regular analysis of risk, opportunity and asset performance to inform ongoing
decisions.
Some ISO 55001 documents kit is helpful for the implementation of asset management. Examining
or analyzing the gap is likely to indicate that many of the ways in which an
organization manages its assets can currently meet the requirements of ISO
55001. However, in some areas, analysis will present significant weaknesses.
Generally, these include:
- Adopting a prudent approach to asset
management has a strategic approach
- Poor communication and cooperation
between important functions; sometimes we unknowingly work together
- Lack of input from operations and
maintenance activities to the decision-making that occurs during asset
development
- Inventory Management is limited to
construction planning, operations and maintenance activities
- Lack of estimation of actual costs to the
business of asset failure and downtime
- Understanding too much reliance on
effective responses to problems and incidents as they occur can be an
effective preventive measure
- Failure to show a good balance or costs,
opportunities and risks compared with the desired performance of assets to
achieve organizational objectives
- Leave property management especially for
maintenance work while neglecting the greater consistency with other
functions and installation required of them
- Insufficient control of asset management
data and data, especially during the phases of asset life cycle. For
example, difficulties in obtaining design and construction information
during equipment operation and repairs
- Lack of resilience also joins thinking
when it comes to assessing and sharing information on assets and asset
performance
- Insufficient arrangements to gather and
disseminate lessons learned from one asset or group of assets to another.
With ISO
55001, you can develop a robust and effective Asset Management System and for
ISO 55001 certification – Click here
