ISO 55001:2014 specifies requirements for an asset management system within the context of the organization. ISO 55001:2014 can be applied to all types of assets and by all types and sizes of organizations. This International Standard specifies the requirements for the establishment, implementation, maintenance and improvement of a management system for asset management, referred to as an “asset management system”.

This International Standard can be used by any organization. The organization determines to which of its assets this International Standard applies.

This International Standard is primarily intended for use by:

  • Those involved in the establishment, implementation, maintenance and improvement of an asset management system;
  • Those involved in delivering asset management activities and service providers;
  • Internal and external parties to assess the organization’s ability to meet legal regulatory and contractual requirements and the organization’s own requirements.

The order in which requirements are presented in this International Standard does not reflect their importance or imply the order in which they are to be implemented.

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Further guidance regarding the application of the requirements within this International Standard is provided in ISO 55002.
General information on asset management, and information on the terminology applicable to this International Standard, is provided in ISO 55000. Organizations can find that consideration of the principles will assist the development of asset management in their organization.
This International Standard is designed to enable an organization to align and integrate its asset management system with related management system requirements.
Annex A provides additional information on areas related to asset management activities.