In short: ISO 55001:2024 is the second edition of the asset management system standard. It improves alignment with organizational objectives, strengthens decision-making, risk and data requirements, and follows the harmonized management system structure.
What is ISO 55001?
ISO 55001 specifies requirements for an asset management system that helps organizations realize value from physical and other assets over their life cycle.
What changed in 2024?
- Stronger link between asset management and organizational objectives
- Greater emphasis on decision-making criteria
- More attention to data and information management
- Alignment with the harmonized structure and climate change considerations
Who uses ISO 55001?
Utilities, transport, infrastructure, energy, facilities and manufacturing organizations with significant asset portfolios.
Key takeaways
- ISO 55001:2024 is the second edition.
- Decision-making and data are stronger themes.
- Fits within integrated management systems.
Frequently asked questions
Is ISO 55001 certifiable?
Yes.
How does ISO 55001 relate to ISO 41001?
ISO 41001 focuses on facility services; ISO 55001 focuses on the value of assets across their life cycle.
What is an asset?
An item, thing or entity that has potential or actual value to an organization.