Briefing: Standards in asset management: PAS 55 to ISO 55000 Available to Purchase

Good asset management is increasingly viewed as normal practice in mature organisations around the world. This briefing paper explains the current status and developments in standards for asset management. It outlines, in particular, the PAS 55 and ISO 55000 sets of requirement specification and explains the similarities and differences between them. The document also summarises the transition implications for auditing and certification.