ISO 55001:2024
Asset Management System
ISO 55001 (2024) is a management system standard: Asset Management System. Specifies management system requirements for asset management, covering lifecycle cost, maintenance and renewal of physical assets. It applies to energy, water, transport, infrastructure, manufacturing, municipalities and asset-intensive businesses.
- Class
- Management system standard
- Edition
- 2024
- Related sectors
- 5
- Last verified
What is this standard?
Specifies management system requirements for asset management, covering lifecycle cost, maintenance and renewal of physical assets.
What ISO 55001 does not replace
- It does not substitute for the accounting asset register.
- It does not substitute for energy performance certificates or maintenance contracts.
Who is it for?
Energy, water, transport, infrastructure, manufacturing, municipalities and asset-intensive businesses.
What triggers an assessment?
- Critical physical assets are operated.
- Lifecycle cost and renewal planning need to be managed.
- Operational risk from maintenance or failure is high.
Official source
Last verified:
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