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ISO 55000 is an international standard covering management of assets of any kind. Before it, a Publicly Available Specification (PAS 55) was published by the British Standards Institution in 2004 for physical assets.
ISO/TC 251/WG4 – Product Improvement: Collects feedback from different stakeholders regarding the ISO 55000 series of standards. Manages the liaison of TC251 with other ISO and external workgroups that are active in the asset management space. ISO/TC 251/WG5 – Finance: Develops guidance specific to the financial aspects of asset management.
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; ISO 56000:2020 Innovation management — Fundamentals and vocabulary
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets).
The Institute of Asset Management (IAM) is a UK-based not-for-profit professional body for those involved in asset management industry including acquisition, operation and care of physical assets, especially critical infrastructure. [1] It was instrumental in the development of the international standard ISO 55000 for asset management. [2]
ISO 55001 Asset management – Management systems – Requirements is a standard developed for the use of people or organizations involved in asset management. [1] This standard was developed by ISO technical committee ISO/TC 251. ISO 55001 was published for the first time in January 2014.
The international standard ISO 9000:2015 (Title: Quality management systems - fundamentals and vocabulary) defines the term in chapter 3.5.3 as a "set of interrelated or interacting elements of an organization to establish policies and objectives, and processes to achieve those objectives".
ISO/IEC 19770-1 is a framework of ITAM processes to enable an organization to prove that it is performing software asset management that meets corporate governance standards. ISO/IEC 19770-1:2017 specifies the requirements for the establishment, implementation, maintenance and improvement of a management system for IT asset management (ITAM ...
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