Asset management news, articles and resources

Let's understand the synergies that exist between ISO 9000 and ISO 55001, and how they might reduce costs and increase the benefits of asset management systems.

Let's discuss how to get your asset management system certified. This will be critical information if your organisation is aiming to align with ISO 55001.

One of the key tenets of ISO 55000, the global asset management standard, is that organisations perform better when functions of the entire team are aligned.

Once you have committed to compliance with ISO 55001, you should gain an understanding of where the major gaps in your asset management system are.

A vital element of effective asset management is decisions that are evidence-based and data-driven. Let's discuss these elements in the context of ISO 55001.

Asset management is recognised as a critical contributor to value across a wide variety of industries. A shorter, simpler plan can often lead to ideal results.

First, we need to identify the current level of asset management competence, then bridge the gaps with the level of competence required of the position.

To do maintenance effectively, we need to make sure we have the right quantities of the right spare parts and materials in the right place at the right time.

The asset management planning and decision making process is a key process for successful asset management, but what other processes should we draw from?

Let's explore how to build an asset management organisation, how to build an appropriate workforce structure, and how to lead it to success.

For electronic assets, we can do a few mechanical based tasks to prevent mechanical modes of failure that will cause the device to functionally fail.

Let's explore how to establish an integrated planning approach that will generate cohesive planning documents, based on what we’ve seen work (and fail) in practice.

In this article we discuss how to create a good asset management plan that will work for your organisation.

Let's take a detailed look at what a good Strategic Asset Management Plan document may look like for your organisation.

The ISO released its first series of standards on asset management in 2014. What is commonly referred to as "ISO 55000" is really a suite of three documents.

Let's discuss how to start the journey towards implementing an ISO 55001 compliant asset management system, and what you need to consider before you start.

Asset management is based on 4 fundamentals that were agreed during the development of ISO 55000. This short video will help you understand these fundamentals.

ISO 55001 contains a lot of words, and no pictures or graphics. This video visually explains the key elements of ISO 55001 and how they fit together.

If you’ve made the commitment to implement an asset management system, then your organisation is going to need a leader who can execute it.

Want to certify your asset management systems as being compliant with ISO 55000? Here are 4 key things you need to know about the certification process.

Let's discuss the process for certification of asset management systems against the ISO 55000 suite of standards.

All organisations interested in best practice asset management should align with the requirements of ISO 55000, whether they seek formal certification or not.

Maintenance is inherently risky. In fact, you could argue that the only activity that is riskier than doing maintenance is NOT doing maintenance.

Let's look at what asset management means in practice, and how asset management delivers value to an organisation.

Asset management in its broadest sense is not even a specific discipline. It is a new and fundamentally different way of thinking about physical assets.

A well-designed and implemented asset condition monitoring program will enable you to more accurately allocate capital based on reliable asset knowledge.

Here's an overview of the current state of condition monitoring, an overview of what a condition monitoring system looks like, and its main components.

These tips will help you to make the most of your consultant’s time, to achieve the desired assignment outcomes. After all, time is money.

Is it better to develop the skills within your organisation, hire personnel who can fill these roles, or use an external consultant?