PAS 55 is the asset management specification – for the optimized management of physical assets. Purchase your copy of PAS as a PDF download or hard copy directly from the official BSI Shop. All BSI British Standards available. Asset Management PAS 55/ISO. -‐ The Sustainable Business. Strategy for Opera4onal Excellence. Asset Management is NOT about. Managing Assets.

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Industries We develop our solutions and services to meet the specific challenges and bwi of a wide variety of organizations. Key stakeholders are brought together to collaboratively produce a BSI PAS that has all the functionality of a British Standard for the purposes of creating management systems, product benchmarks and codes of practice.

History [ edit ] PAS 55 was originally produced in by a number of organisations under the leadership of the Institute pss Asset Management.


It then underwent a substantial revision with 50 participating organisations from 15 industry sectors in 10 countries. PAS was first published in in response to demand from industry for a standard on asset management.

It also describes how to apply the requirements of ISO to the key domains of asset management: Applying PAS 55 can help your organization demonstrate a high level of professionalism in whole life cycle management of its physical assets. Some are available free.

PAS 55-1:2003

To ensure consistency with other related management system standards and to facilitate its alignment or integration, it was considered that asset management would be best standardized as a specification, with the information on implementing asset management distilled into key requirements.

Use pzs to help you: About us Industry Listings Contact us. Search all products by. Accept and continue Learn more about the cookies we use and how to change your settings. This page was last edited on 20 Decemberat Guidance on alignment of asset management, finance and accounting Pws In the formal revision process of ISO was launched.


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From Wikipedia, the free encyclopedia. This PAS has been developed in consultation with a large number of international organizations and individuals from a wide range of industries that are active and proficient in the field of asset management including the Institute of Asset Management IAM. You may find similar items within these categories by selecting from the choices below:.

The faster, easier way to work with standards. Institute of Asset Management. Take the smart route to manage medical device compliance.

PAS 55 – What is it and what’s the next step? — Life Cycle Engineering

Find Similar Items This product falls into the following categories. Retrieved 20 February The standard was split into two parts: Compliance provides evidence of systematic, cross-disciplinary and optimised management that correctly blends responses to short-term requirements with the sustainable delivery of long-term goals.

Establish an asset management system to optimally and sustainably manage physical assets. Since there is currently no 5-1 on asset ;as and the approach of this committee is to develop a standard that is more business-centric than asset-centric, the new standard will not only pertain to physical assets but to all other organizational assets as well.

In November a revised and expanded version ISO It will explain what to do, not how to do paa, and finally allow organizations to self-declare conformity. Are you looking for an exciting and rewarding career with a stable, team-based and results-oriented organization?

Accept and continue Learn more about the cookies we use and how to change your settings. Moore, PAS You may have heard the term 55- 55 and wondered how it applies to you.


Specification for the optimized management of physical assets. It enables the integration of all aspects of the asset life cycle: PAS 55 was originally produced in by a number of organisations under the leadership of the Institute of Asset Management.

Retrieved from ” https: Learn more about the cookies we use and how to change your settings. Views Read Edit View history.

Established in AugustISO Project Committee held its first plenary meeting in Melbourne, Australia in early ; its final meeting was in 55-11 in early Worldwide Standards We can source any standard from anywhere in the world. Part 1 of PAS 55 specifies the requirements for an asset management system for the management of physical assets and asset systems over their life cycles. This website is best viewed with browser version of up to Microsoft Internet Explorer 8 or Firefox 3.

You may experience issues viewing this site in Internet Explorer 9, 10 or It was published in response to demand from industry for a standard for asset management. Using PAS 55 brings the following benefits to an organisation:. I see the path of creating this standard as making common sense common practice as Ron Moore explains in his 5-1 by that title. Evidence, in the form of controlled and systematic processes, to demonstrate legal, regulatory and statutory compliance.

PAS 55 supports third party and self-assessment to assure customers, owners, employees, regulators and other stakeholders that the business is in good hands.

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