- Written by Mr Peter Kohler, Chair Technical Development Team and Director
Currently, the International Standards Organisation (ISO) is developing the ISO 55000 Series of Standards for the management of assets - Asset Management. The ISO committee (ISO PC 251) comprises some 32 participating countries - Australia being one of those.
The completed suite of three asset management ISO standards is expected to be available to the public in 2014.
The proposed Standards are performance based (certainly not prescriptive) and while introducing the subject of asset management also specify the requirements for an asset management system to manage assets and asset systems over their life cycles. Some information on tailoring the asset management system is also provided.