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ISO 55001

Enable organisations to realise value from their physical assets through systematic lifecycle management.

Overview

Asset Management Systems standard — provides requirements for establishing, implementing, and improving an asset management system for physical assets including buildings and infrastructure.

Organisation

International Organization for Standardization

Key Attributes

Primary Purpose

Enable organisations to realise value from their physical assets through systematic lifecycle management.

Main Focus

Asset lifecycle management, condition assessment, capital planning, risk management, performance optimisation, value realisation.

Typical Users

Portfolio managers, institutional investors, government property agencies, large corporate real estate teams.

Lifecycle Stage

Acquisition, Operations, Disposal

Certification Available

Yes

Focus Area Coverage

People Focus
Environmental Focus
Governance Focus

What This Framework Does Not Prove

  • ISO 55001 certifies the asset management system, not asset condition. Assets can still be in poor condition under a certified system — but there will be a plan to address it.

Evidence Requirements

Asset management policy, SAMP, asset register, condition assessments, lifecycle cost analysis, CAPEX plans, risk register, performance data.

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