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Ana-Data Consulting (ADC) is pleased to present its approach for Data and System Architecture for Asset Management companies and departments. We strongly believe that we have the capabili…Full description
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Status of the ISO 55000 Asset Management System Standard Michael E. Poland, CMRP Board Member, ANSI Corpo Corporat rate e Memb Member er , IAM Director Director of Asset Asset Manageme Management, nt, Life Cycle Cycle Engineeri Engineering ng
ISO 55000 Asset Management Systems • The release release of ISO 55000 55000 Asset Manage Management ment will will be a seminal event for asset holding organizations and for all of us as Property and Asset Management Professionals • How can can you levera leverage ge this this incredibl incredible e opportuni opportunity ty to benefit your organization and your career?
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ISO 55000 Asset Management Systems • The release release of ISO 55000 55000 Asset Manage Management ment will will be a seminal event for asset holding organizations and for all of us as Property and Asset Management Professionals • How can can you levera leverage ge this this incredibl incredible e opportuni opportunity ty to benefit your organization and your career?
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The Need for Standards • Ris Risk k awaren awareness ess has has become become a very very high 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 element of stabili stability ty and this standard intends to be a leveling force for international trade 3
Strategic Model
Strategic Plan Business Objectives Asset Support
Asset Operation
Asset Utilization & Performance
Asset Improvement De –
Commission Concept
Design
Procure
Construct
Qualification Validation
Operate
Physical Asset Portfoli o
Maintain
commission
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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 5
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 6
ISO/TC251 Participating Countries 1. Argentina 11. Ireland 2. Australia 12. Italy 3. Canada 13. Republic of 4. Chile Korea 5. China 14. Netherlands 6. Czech Republic 15. Mexico 7. Denmark 16. Norway 8. Finland 17. Peru 9. Germany 18. Portugal 10. India 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
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
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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 12
ISO 55000 Series Structure
ISO
55000: Overview, Principles and Terminology
• ISO 55001: Requirements • ISO 55002: Guidelines
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ISO 55000: Definitions • Asset – something with potential value to an organization and for which the organization has a responsibility
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ISO 55000: Definitions • Asset – something with potential value to an organization and for which the organization has a responsibility
Value! 15
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
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ISO 55000 Series Structure
• ISO 55000: Overview, Principles and Terminology ISO
55001: Requirements
ISO
55002: Guidelines
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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
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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
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Support • Provide necessary resources • Assure competence of people doing the work • Awareness • Information requirements • Documentation
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Operation • Process control • Change management • Control of any outsourced activities
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Performance Evaluation • Monitor and measure • Analysis and evaluation • Internal audit • Management review
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
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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
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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!
