ISO 55000 Asset Management Systems

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Nov 18, 2013 (3 years and 9 months ago)

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ISO 55000 Asset
Management Systems

February 2013

Jim Dieter, MIAM CPPM CF

Director of Strategic Programs, Sunflower Systems


ISO 55000 Asset Management Systems



The release of ISO 55000 Asset Management will
be a seminal event for asset holding organizations
and for all of us as Property and Asset
Management Professionals




How can you leverage this incredible opportunity
to benefit your organization and your career?

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The Need for Standards



Risk
awareness has become a very high
concern among business executives and
government officials:




The
world has suffered from major
industrial disasters, the financial crisis and
great recession, and continued global
instability caused by civil unrest and
economic duress of certain nations



There
is a need for an element of stability
and this standard intends to be a leveling
force for international trade



3

Background:

Standards Organizations


ISO


International Organization for
Standardization, European based developer
of international standards



ANSI


American National Standards
Institute



ASTM


ASTM International is a US based
developer of international standards

4

Standards Development
Committees


ASTM E53


ASTM standards committee for
asset management standards, and the ANSI
sanctioned host of the US TAG to TC/251



TC/251


ISO Technical Committee tasked with
developing a management system standard for
Asset Management



US/TAG (US Technical Advisory Group )
-

ANSI
sanctioned US group participating in TC/251

5

US/TAG Participating
Organizations

Stratum Consulting Partners

E
-
ISG Asset Intelligence

Test
6

ISO/TC251
Participating Countries

1. Argentina

2. Australia

3. Canada

4.
Chile

5. China

6. Czech
Republic

7.
Denmark

8.
Finland

9.
Germany

10.
India

11. Ireland

12. Italy

13. Republic of
Korea

14. Netherlands

15. Mexico

16. Norway

17. Peru

18. Portugal

19. South Africa


20. Spain

21. Sweden

22. United Kingdom

23. United States of
America

24. United Arab
Emirates

25. Japan

26. France

27. Switzerland

7

Timeline Status

Month
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Stage
Working Drafts
Cttee Drafts
DIS
Comments
Resolution
FDIS
April 2013

Feb 2014

Jun 2012

Feb 2012

Oct 2011

Mar 2011

May 2011


Distribute

WD2

Sep 2011


WD2
Comments

RCVD

CD1

For Comment

CD2

For Ballot

DIS

February
2014

8

ISO
Definition of

Management System


Management System


Set of interrelated
or interacting elements of an organization to
establish policies and objectives, and
processes to achieve those objectives




9

10

ISO 55000

Asset Management System


These standards describe a
Management System for Asset
Management


They do not describe processes for the
management of assets


ASTM E53 standards (and other
guidance) cover lifecycle functions of the
management of assets





11

ISO 55000 Series Structure


ISO 55000: Overview, Principles and
Terminology



ISO 55001: Requirements



ISO 55002: Guidelines

12

ISO 55000: Definitions




Asset


something with potential value
to an organization and for which the
organization has a responsibility

13

ISO 55000: Definitions




Asset


something with potential
value

to an organization and for which the
organization has a
responsibility


Value!

14

15

Value

Destruction

Over $2 B in cleanup costs

Over $60 B in lost stock value

Asset Management


Asset management enables the
realization of value from assets



Value realization is achieved through
the use of analytical approaches and
implementation processes that have
similar core characteristics, no matter
what the industry



16

ISO 55000: Definitions




Asset


something with potential value to an
organization and for which the organization
has a responsibility



Asset System
-

group of assets that interact
and/or are interrelated so as to deliver a
required business function or service



Asset = Asset System

17

ISO 55000 Series Structure


ISO 55000: Overview, Principles and
Terminology



ISO 55001: Requirements



ISO 55002: Guidelines

18

ISO 55001 and 55002


The ISO 55001 and ISO 55002 documents
share the same structure


ISO 55001 covers requirements


ISO 55002 covers guidance



The details are of course not yet finalized,
but key concepts are unlikely to
significantly change

19

ISO 55001/55002

Structure


The Organization


Leadership


Plans


Support


Operation


Performance Evaluation


Improvement




20

The Organization


Stakeholders, not just shareholders


Triple bottom line
-

People, Profit and Planet


Quadruple bottom line


adds a Spiritual
component


Scope


what assets are included?


System
interfaces


21

Leadership


Top management involvement


Continual improvement


AM integrated with business processes


Adequate resources available


Establish an Asset Management Policy


Alignment with organizational strategic
plan

22

Plans


Establish an Asset Management Plan


Measurable objectives


Risk management


Monitored and communicated


23

Support


Provide necessary resources


Assure competence of people doing the
work


Awareness


Information requirements


Documentation

24

Operation


Process control


Change management


Control of any outsourced activities


25

Performance Evaluation


Monitor and measure


Analysis and evaluation


Internal audit


Management review



26

Improvement


Nonconformity and corrective action


Preventive action


Continual improvement




27

Management Systems
Assessments


Has anyone participated in an ISO 9001
assessment audit?



Other ISO Management System Audits?



If
you
have, ISO 55001 assessment audits
will likely look very familiar

28

What’s in it for your organization?


ISO 55000 promises to be a widely recognized and
adopted international standard


Assurance that the right things are being done


Focus is on supporting the mission and objectives
of the organization


Realizing value from the organization’s assets


The opportunity to differentiate your organization

29

What’s in it for you as individuals?


Better enable all of us to do our jobs


Increased management awareness of
asset management


More “transportable” job skills and
expertise


More opportunities

30

Actions


Awareness


Personal awareness


Organizational awareness


Become an ISO 55000 expert


Develop change management skills


Build AM relationships across
organizational silos


Realize value from organizational assets


Start Now!

31

Three Word Summary

32

Three Word Summary


Value


33

Three Word Summary


Visibility

34

Three Word Summary


Opportunity

35

Three Word Summary


Value


Visibility


Opportunity

36

ASTM E53.10 Committee

ISO Asset Management Activities
US/TAG Officers:

Chair:


James Dieter, CPPM CF, Sunflower Systems,




jdieter@sunflowersystems.com






Vice Chair:

Scott Morris,
Genzyme
,
scott.morris@genzyme.com





Recording

Scott Pepperman, Executive Director, National Association
Secretary:

for the State Agencies for Surplus Property,




ExecutiveDirector@nasasp.org



Membership

Kim Doner, CPPM, SRA International,
kim_doner@sra.com


Secretary:



ASTM Staff


Katerina Koperna, ASTM International,
kkoperna@astm.org

Manager





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