ISO 55001

ISO 55001:2024

Asset Management Systems

A structured system for managing assets across their lifecycle while balancing value, performance, risk and expenditure.

ISO 55001:2024 service visual

Who this standard can apply to

Utilities and infrastructure organizations
Manufacturing and engineering businesses
Transportation organizations
Public-service bodies
Asset-intensive organizations

Typical areas reviewed

Asset-management policy and objectives
Lifecycle planning and decision-making
Risk and opportunity management
Asset information and performance
Review and continual improvement

Certification pathway

Application & Scope

Confirm the organization, sites, activities, requested standard and intended certification scope.

Document Review

Review relevant policies, procedures, records, objectives and management-system evidence.

Assessment / Audit

Evaluate implementation and objective evidence against the applicable requirements and approved arrangement.

Findings & Corrective Action

Where findings are identified, corrective action and supporting evidence are reviewed before closure.

Decision & Status

A defined decision is recorded with scope, validity and any applicable conditions or limitations.

Surveillance & Renewal

Ongoing status, surveillance and renewal requirements are managed according to the applicable certification arrangement.

Scope & Transparency

Certification, where offered, applies only to the defined management-system scope and responsible certification arrangement. It does not mean that ISO itself has certified or endorsed the organization.