RCM-R® goes beyond what RCM alone can do. The basic successful method as defined in SAE JA-1011 remains intact. RCM-R® enhances that method, linking it to international standards for risk management and adding a degree of technical rigor rarely seen outside of the military, nuclear and aircraft industries. It adds a great deal of emphasis on what it takes to implement the method successfully – not only as a project (as has so often been done with other RCM methods), but as a sustainable program, and on leveraging the analysis results to maximize value generation and align closely with the intentions and precepts of the new international standard for Asset Management, ISO 55001. Read more “Authors’ Note – RCM Re-engineered”
“This chapter focuses on ISO 55000, arguably the “parent” document of the three. Subsequent chapters will describe ISO 55001 and 55002.
Inside ISO 55000 you will find: Read more “ISO 55000 at Last. An excerpt from our new book”
In a recent post on LinkedIn I remarked that Capital Asset Management™ is the art and science of making sure there are no bad surprises. Many people seem to “like” that notion but it also gives rise to questions. It is not intended to become just another buzzword, so let me explain more fully – something I love to do as an author!
Cost and value are not the same thing at all. Cost is what you pay. Value is what something is worth. Read more “Capital Asset Management™”
With the advent of ISO 55000, 55001 and 55002 there will naturally be a desire for some companies to get certified. In fact in the UK, the first certification by the British Standards Institute has already taken place and less than a month after the standards were officially released! If your organization was already PAS 55 certified, it should be a small leap to ISO certification – after all, it was based on PAS 55 and if anything, it appears to be a bit less onerous as well as better suited to broader application.
Certification against ISO 55001 applies only to the management system for a facility, installation, company or other portfolio of assets. It DOES NOT apply to people, but people can be certified as Asset Managers. Read more “ISO 55000 Certification”
PART 4 – Should You Bother To Change?
The last three blog entries describe this new trio of standards: ISO 55000, ISO 55001 and ISO 55002, all aimed at standardizing a framework for (Physical) Asset Management (AM).
Physical Asset Management is a whole life cycle approach to managing the assets we depend upon in modern life for just about everything. Our electricity, water, gas and telecommunications all come to us via some form of physical asset. Read more “ISO 55000 – Should you bother”
PART 3 – What’s in ISO 55002?
The ISO 55000 series of standards was officially released 15 Jan 2014. It comprises 3 separate standards, and we’re covering all of them in a series of ISO 55000 blogs. This blog is part three of four, and you can read the previous two blogs by following the links below.
ISO 55002, Asset Management – Management Systems – Guidelines for the Application of ISO 55001.
This third paper focuses on ISO 55002, the “guidelines”. Read more “ISO 55002 – The “How To” Of The New ISO 55000”
PART 2 | What’s in ISO 55001?
The ISO 55000 series of standards was officially released 15 Jan 2014. It comprises 3 separate standards:
This paper focuses on ISO 55001, arguably the “meat” of the set of standards where we find a definition of “what” is required. Guidance on the “how” comes in ISO 55002. Read more “ISO 55001 – The Real Meat Of The New andards”
PART 1 | What’s in ISO 55000?
The ISO 55000 series of standards was officially released 15 Jan 2014. There are 3 separate standards:
This first paper focuses on ISO 55000, arguably the “parent” document of the three. Subsequent papers will describe ISO 55001 and 55002. Read more “ISO 55000 Brief Overview”
First published in Jan 2014, this quick read might be useful if you are hearing about ISO 55000 and wondering just what it is or what the fuss in all about. Here are some of the basic facts about ISO 55000.
There are a number of blogs that I’ve written on the topic here. Read more “ISO 55000 – What you need to know”