What is ISO 55001?
ISO 55001 is a standard for asset management systems designed to help organizations enhance the effectiveness of asset lifecycle management. Implementing ISO 55001 provides better control over daily activities, increased asset returns, and reduced overall risk costs for organizations.
Applicable to all types of assets and organizational structures, ISO 55001 delivers tangible outcomes, such as improved efficiency and a significant reduction in unit costs. This framework supports continuous performance improvement, making it suitable for organizations of any industry, type, or size.
Why is Asset Management important for you?
ISO 55001 guides significant improvements in asset management, ensuring alignment with stakeholder, business, and legal requirements. It serves as a powerful tool for saving both time and money by optimizing asset utilization and delivering additional value to the business.
Implementing an Asset Management System in accordance with ISO 55001 facilitates proper process and risk management, leading to enhanced current and future company performance. The alignment of organizational and asset management system objectives ensures progress toward intended outcomes.
What Is ISO 55001 Certification?
ISO 55001 certification signifies your ability to contribute actively to lifecycle asset management within your organization. Certification demonstrates your skills in effectively managing assets, mitigating and managing risks, and improving the organization’s financial performance. In a complex financial landscape, ISO 55001 certification is crucial for running streamlined operations and maintaining a positive corporate reputation. As an individual, this certification sets you apart from other professionals in asset management.
Benefits of ISO 55001 Asset Management
PECB ISO 50001 certified individuals can enjoy various benefits, including:
- Development of viable and predictable cash flows.
- Efficient management of asset lifecycles.
- Assurance that assets fulfill their necessary functions.
- Support for improvement and business growth.
- Assistance in establishing, implementing, maintaining, and improving an Asset anagement System.
- Increased profitability.
- Management of risks related to asset ownership.
- Enhancement of brand reputation.