What is ISO 55001?

ISO 55001 is an asset management system standard, the main objective of which is to help organizations manage the lifecycle of assets more effectively. By implementing ISO 55001 organizations will have better control over daily activities, achieve higher return with their assets, and reduce the total cost of risk.

This standard can be applied to all organizational structures of companies, and to all types of assets. The concrete outcomes consist of a growth in effectiveness accompanied by a dramatic drop in unit cost. This framework also supports continual improvement of performance and offers improvements for an organization of any industry, type or size.
Why Asset Management is important for you?
ISO 55001 will guide you toward significant asset management improvements by enabling you to meet the stakeholder, business and legal requirements. It is the company’s most potent defense for saving money and time. By managing the assets properly you will be able to use your available assets wisely and get more out of their utilization while delivering added value to the business.

It is designed to support you in the proper handling of processes and risks, which will lead to the improvement of current and future company performance. Moreover, the implementation of an Asset Management System that complies with ISO 55001 enables the organization to align its objectives with asset management system objectives which leads the organization towards achieving its intended outcomes. Moreover, ISO 55001 aligns the organization’s objectives with asset management objectives since the purpose of asset management is achieving organizational objectives.

How to get certified to ISO 55001

We make the certification process straightforward. After we have received your application we appoint a Client Manager who will guide you and your business through the following steps.

Gap analysis

This is an optional pre-assessment service where we take a closer look at your existing asset management system and compare it with ISO 55001 requirements. This helps identify areas that need more work before we carry out a formal assessment, saving you time and money.

Formal assessment

This happens in two stages. First we review your organization’s preparedness for assessment by checking if the necessary ISO 55001 procedures and controls have been developed. We will share the details of our findings with you so that if we find gaps, you can close them. If all the requirements are in place, we will then assess the implementation of the procedures and controls within your organization to make sure that they are working effectively as required for certification.

Certification and beyond

When you have passed the formal assessment you will receive an ISO 55001 certificate, which is valid for three years. Your client manager will stay in touch during this time, paying you regular visits to make sure your system doesn’t just remain compliant, but that it continually improves.

For getting ISO Certification; please reach us at +91-7888752963 or [email protected].