PECB ISO 55001 – Asset Management

What is ISO 55001?

ISO 55001 is an asset management system standard, the main objective of which is to help organisations manage the lifecycle of assets more effectively. By implementing ISO 55001, organisations will have better control over daily activities, achieve higher returns with their assets, and reduce the total cost of risk.

This standard can be applied to all organisational structures of companies and all types of assets. The concrete outcomes consist of a growth in effectiveness and a dramatic drop in unit cost. This framework also supports continual performance improvement and offers improvements for any industry, type or size organisation.

Why is Asset Management important for you?

ISO 55001 will guide you toward significant asset management improvements by enabling you to meet the stakeholder, business and legal requirements. It is the company’s most potent defence for saving money and time. By managing the assets properly, you can use your available assets wisely and get more out of their utilisation while delivering added value to the business.

It is designed to support you in adequately handling processes and risks, which will lead to improving current and future company performance. Moreover, implementing an Asset Management System that complies with ISO 55001 enables the organisation to align its objectives with asset management system objectives, leading the organisation towards achieving its intended outcomes. Moreover, ISO 55001 aligns the organisation’s objectives with asset management objectives since asset management aims to achieve organisational objectives.  

What Is ISO 55001 Certification? 

Being ISO 55001 certified means that you are capable of helping your organisation in developing an active approach to lifecycle asset management. With ISO 55001 certification, you demonstrate your skills in being able to support your organisational growth by:

  • managing assets effectively; 
  • mitigating and managing risk, and 
  • improving the financial performance of your organisation. 

In today’s complex and ever-changing financial marketplaces, ISO 55001 certification is crucial in proving the ability to run a more streamlined operation and an excellent corporate reputation. Moreover, this certification helps you as an individual to differentiate yourself from other professionals involved in Assets Management.

Benefits of ISO 55001 Asset Management

PECB ISO 50001 Certified individuals will have the opportunity to gain many benefits, but not limited to:

  • Development of viable and predictable cash flows
  • Ability to manage an asset’s lifecycle
  • Ability to ensure that assets fulfil their necessary function
  • Support improvement and business growth
  • Support an organisation during the process of establishing, implementing, maintaining and improving an Asset Management System
  • Increase profitability
  • Manage risk related to asset ownership
  • Enhance brand reputation

How do I get started with ISO 55001 Training Courses?

Are you seeking to advance your career and become certified against ISO 55001?

To improve the return value of the organisation, we encourage you to become familiar with ISO 55001 concepts and processes. Our experts are here to guide you through the options tailored to your needs.

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