ISO 55000: An insider’s perspective

With the upcoming release of the ISO 55000 series standards on asset management from the International Organization for Standardization, the world’s largest developer of international standards, there has been much discussion on what the standards are all about.

03/28/2010


As a member of the ISO/PC 251 committee, I was part of the three-year effort to build the standard and can offer a glimpse into its status, future, and how it could improve the physical asset management industry.

We are currently waiting on the result of the vote from the ISO members to see if the ISO 55000 documents will be accepted. This has allowed time to reflect on how much the field of asset management has changed. The publication of PAS 55 in 2004 assisted large infrastructure organizations to optimize the management of physical assets, resulting in significant benefits to the organizations and their stakeholders.

With the anticipation that the ISO 55000 standards will be published within the next several months, what other organizations will benefit? Could the ISO standards help struggling organizations stabilize and prosper by ensuring their assets deliver maximum value? Will manufacturers see a competitive advantage by implementing an asset management philosophy? Will people in developing countries raise their standard of living due to having reliable infrastructure facilitated by asset management? Time will tell, but all members of the ISO/PC 251 committee feel we have made a significant contribution to the field of asset management that organizations can build on for years to come.

Since the completion of the FDIS documents, there have been conversations within the ISO/PC 251 committee on changing the committee from a project to technical committee. The reason for this is twofold. The first aspect is that members felt that added content may need to clarify concepts such as how do you link a technical to financial registers. The other aspect was working with a team as motivated and knowledgeable as ISO/PC 251. The exchange of information, insight into other industries, and perspective from different cultures was an elixir for anyone involved in asset management.

Many members feel by staying organized we can build on the momentum we have created, further promoting the needs of the asset management community. A final decision will need to be made by the publication of the ISO 55000 standards.

Scott Morris, CMRP, Associate Director, Global Engineering at Genzyme and Vice Chairman of the U.S. delegation for the development of the ISO 55000.



No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
Each year, a panel of Control Engineering editors and industry expert judges select the System Integrator of the Year Award winners.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Learn how to create value with re-use; gain productivity with lean automation and connectivity, and optimize panel design and construction.
Go deep: Automation tackles offshore oil challenges; Ethernet advice; Wireless robotics; Product exclusives; Digital edition exclusives
Lost in the gray scale? How to get effective HMIs; Best practices: Integrate old and new wireless systems; Smart software, networks; Service provider certifications
Fixing PID: Part 2: Tweaking controller strategy; Machine safety networks; Salary survey and career advice; Smart I/O architecture; Product exclusives
The Ask Control Engineering blog covers all aspects of automation, including motors, drives, sensors, motion control, machine control, and embedded systems.
Look at the basics of industrial wireless technologies, wireless concepts, wireless standards, and wireless best practices with Daniel E. Capano of Diversified Technical Services Inc.
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
This is a blog from the trenches – written by engineers who are implementing and upgrading control systems every day across every industry.
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.