How does an entity get a clear view as to where they sit in terms of maturity to the ISO 55001 Asset Management Standard?
There is an underlying vulnerability for entities not understanding two key elements associated with Asset Management:
Have I allocated and forecast sufficient funds to?
maintain my assets at optimal working efficiency;
address asset health risk; and
deliver asset capability to meet customer demand and business objectives?
Have I in place the appropriate asset management governance, processes, systems and people capability to consistently and sustainably deliver my business objectives and provide maximum value through effective and efficient management of my assets?
The first step in addressing these questions if your answer is “I don’t know”, is to have an Asset Management Maturity review carried out. This maps your current asset management maturity against the ISO 55001 standard and develops an improvement plan and roadmap to address any gaps, risks and opportunities for improvement to move closer to best practice using the ISO 55001 Standard framework