PAS 55

At this training session, receive a comprehensive overview of PAS 55, the world’s first and only specification for Physical Asset Management, which provides companies like yours with guidance and advice about best practices for managing physical assets.

Learn how PAS 55 enables asset management to become a focus across the organization in order to:

  • optimize your company’s costs,
  • align your company’s performance with its corporate strategy, and
  • manage and integrate safety, the environment and risk into all of your company’s operational objectives.

Learn why PAS 55 compliance clearly demonstrates that the management of your company’s assets is being carried out at world class levels. Not yet ready for certification? PAS 55 can provide a useful framework for implementing your asset management program because it helps you control asset management activities, mitigate risk, and establish organizational systems cohesively and comprehensively.

Learn why PAS 55 has been adopted by UK gas, electric and water utilities. Learn how other UK companies not subject to regulatory push are working with PAS 55 in the food and facilities management sectors. Learn why PAS 55, although not necessarily mandatory, is popular in other parts of the world. Learn about companies in the Netherlands, Australia and the USA that have been certified voluntarily. You’ll also hear about a number of Canadian utilities that are using PAS 55 as a voluntary framework without seeking certification.

PAS 55 is unique in the world since there are no alternative specifications or standards today. Existing standards in other nations fall far short of the depth and breadth that PAS 55 provides as a management System.

PAS 55 has been submitted to the International Standards Organization (ISO) for consideration as a future ISO standard and it has considerable support worldwide. Like ISO 9001, 14001 and 18001, PAS 55 could easily become a fourth indicator of excellence for companies working in their specific markets.

 

 

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