asset management and iso55000 –what and what next?...iso tc251 is the iso technical committee...
TRANSCRIPT
Asset Management and ISO55000 – What and what next?Rhys Davies – Chair ISO/TC251 Asset Management
21st May 2020
Rhys Davies MBA CEng FIAM MIET
• Chair ISO/TC251 Asset Management
• Global Consulting Leader for Digital Asset Management & Operations
• 25 years in AM in aerospace, defence, rail, telecommunications and oil & gas
• IAM Board member 2014 - 2016• IAM Patrons Representative
For Atkins 2019 - dateFor Lloyd’s Register 2005 - 2010
• IAM Council Member 2008 – 2010
@Rhys_Davies_55k#AssetManagement #ISO55000
Synopsis
Lots of you will have heard of ISO55000 but where did it come from, what has TC251 published and what is coming next
Asset Management is 4 Things
Source: ISO55000 Asset Management
– A Biography
OR To quote Tom Prendergast –former Chair of the NY MTA – it is only one thing:
“So this is all about how I choose where to spend the MTA’s last $1000 to deliver best value?”
Aligning AM and Managing Assets
• We have been ”managing assets” for a long time
• The reliability engineering, maths and understanding of asset related risk around “managing assets” has existed for a long time
We needed something new and different which is why we wrote PAS55 and then ISO55001 as Management Systems.
We needed to bring our thinking into the business world:
• Greater linkages to Organizational objectives,
• Greater understanding of how Asset Risk links to Enterprise Risk
• Greater understanding of how Business Planning cycles sit within long term Asset Life-cycles.
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Benefits of Management Systems
Embedding the way we do things in a management systems approach is an established way of addressing consistency in the context of rapid staff movement.
Management systems can (and indeed should) be agile and adapt to change
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What about systems life
cycle thinking?
BUT –we should not need to reinvent the need to adopt Safety, Reliability or Systems
Engineering concepts everytime. Their need should be embedded in process.
Why is this important to you?Around the world
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ISO Structure
Contains sensitive information
9
Worldwide network of the main standardization bodies
Represents 163 countries
Develops and publishes international standards
Brings together experts from all over the world
Over 22000 international standards and related publications
Voluntary standards, consensus-based
Product compatibility
Product and services safety
Management systems
779 technical committees and sub-committees
Sharing ideas, solutions, expertise and best practices
The TC 251 committee manages the ISO 55000 series
Membership of ISO/TC 251
Background of ISO/TC251
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ISO TC251 is the ISO technical committee tasked with providing Standardization in the field of Asset Management
In January 2014, TC 251 published three standards, namely:
› ISO 55000:2014 - Asset management — Overview, principles and terminology
› ISO 55001:2014 - Asset management — Management systems — Requirements
› ISO 55002:2014 - Asset management — Management systems — Guidelines for the application of ISO 55001
In 2018 TC251 published:
› ISO 55002:2018 - Asset management — Management systems — Guidelines for the application of ISO 55001
In 2019 TC251 published:
› ISO TS 55010:2019 - Guidance on alignment of asset management, finance and accounting
Other Work of ISO/TC251
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• Website: committee.iso.org/tc251
• Publications and reference materials
• As well as a series of articles and other information
ISO/TC251 Current Structure
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ISO TC251 is a technical committee of ISO with the task of providing Standardization in the field of Asset Management
AHG 1 Spanish translations
AHG 3 “Decision Making” workgroup (temporary)
CAG Chairman’s advisory group
WG 3 Communications
WG 4 Product improvement and preparation for Revision of ISO55000
WG 5 Finance
WG 6 Preparation for Revision of ISO 55001
WG 7 Development of standards on public policy making
Current and Future Work of ISO/TC251
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Contributing to the
development of the
common High Level
Structure used for all
Management Systems
Developing guidance in the field of
public policy for Asset
Management
Exploring AM decision making
processes with a view to developing
new standards
Exploring Finance and
how AM impacts
areas like decision making
Supporting standards
development in
Sustainable Finance
Preparing for a revision of ISO55000
Preparing for a revision of ISO55001 based on a revised high
level structure for management
systems
Usage Around the World
English
French
Russian Chinese
Dutch
Swedish
Japanese Serbian
Spanish
Portuguese
Farsi
Finnish
Translated into 12 Languages including the main business languages of the world
Usage Around the World
English
French
Russian Chinese
Dutch
Swedish
Japanese Serbian
Spanish
Portuguese
Farsi
Finnish
Translated into 12 Languages including the main business languages of the world
How to Contribute
• Comments and official queries regarding the standards: contact your national standard body (e.g. SABS here in South Africa)
• Join your national mirror committee
How to Contribute 2
For quick contribution we are always looking for:
• Case studies
• reference materials
• ISO55001 certification announcements
https://committee.iso.org/sites/tc251/social-links/resources/known-certified-organizations.html
