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ISO 55000: The Route to Effective Asset Management

As ISO 55000 has replaced PAS 55 as the industry standard for excellence in asset management, this two day course provides an essential step by step explanation of the standard’s key enablers. Based on real world best practice, it provides a framework for asset intensive industries to facilitate excellence in lifecycle planning and cost/risk optimisation.

EA Technology sat on the UK committee working to convert PAS 55 into ISO 55000, and have worked with industries worldwide to develop and implement sound Asset Management systems. The course draws upon this extensive experience to help you identify structures required for successful implementation and understand how the ISO 55000 approach can facilitate continued enhancements in performance.

This course will develop your understanding of:

  • How ISO 55000 can help you optimise the management of your organisation’s assets
  • How effective asset management can impact upon your company’s objectives
  • The 32 requirements of ISO 55000 and how they align with other management structures
  • Identifying structures needed for successful implementation
  • Identifying areas of potential difficulty
  • The impact that people and organisational culture can have upon the success of change management programmes
  • How ISO 55000 can enable you to demonstrate excellence in governance of critical assets
  • The impact that people and organisational culture can have upon the success of change management programmes

Day one

Aims, objectives and business drivers

  • Discuss what company objectives are, and how ISO5500 supports bottom up and top down philosophy.
  • An introduction to ‘line of sight’ when understanding objectives, policy, strategy, structure and implementation

Introduction to asset management

  • History; definition
  • Why use asset management?

Asset Management specifications

  • PAS 55 and the change to ISO 55000
  • Definition and explanation
  • Overview of ISO 55000

Context

  • Defining the organisation
  • Understanding stakeholders
  • Determine the scope of the Asset Management Strategy

Leadership

  • Leadership and commitment
  • Policy, organizational roles, responsibilities and authorities

Planning

  • Actions to address risks and opportunities for the asset management system
  • Asset management objectives and planning to achieve them

Day two

Support

Your responsibilities regarding:

  • Resources
  • Competence
  • Awareness
  • Communication
  • Information requirements
  • Documented Information
  • General
  • Creating and updating
  • Control of documented information

Operation

  • Operational planning and control
  • Management of change
  • Outsourcing

Performance evaluation

  • Monitoring, measurement, analysis and valuation
  • Internal audit
  • Management review

Improvements

  • Nonconformity and corrective action
  • Preventive action
  • Continual improvement

Certification

  • Overview of the ISO certification process

Course review

Programme may be subject to amendment

£935.00+VAT

Course duration: 2 days

Clear

CPD Information

12hours

EA Technology are accredited members of the CPD certification service. This course counts towards your planned CPD requirements.

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