PAS 55/ISO 55000
Maximising the lifecycle of your assets
PAS 55:2008 is the international reference standard for the optimal management of physical assets, providing the definition of good practice in the whole-life management of assets. It applies to any organisation, public or private, regulated or non-regulated, that has a high dependency on physical infrastructure or equipment.
PAS 55 provides objectivity across 28 aspects of good asset management, from lifecycle strategy to everyday maintenance (cost/risk/performance). It enables the integration of all aspects of the asset lifecycle, from the first recognition of a need to design, acquisition, construction, commissioning, utilisation or operation, maintenance, renewal, modification and/or ultimate disposal.
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