ISO 55001 Certification | Asset Mangement System
ISO 55001 was published in January 2014 and establishes specific requirements for not only implementing and maintaining an asset, but also improving that asset via an Asset management system. It builds upon PAS55 which had a proven track record specifically in the utilities industries. ISO 55001 aims to apply this approach across other sectors allowing all businesses to benefit from it.
ISO 55001 will guide you toward significant asset management improvements by enabling you to meet the stakeholder, business and legal requirements. It is the company’s most potent defense for saving money and time. By managing the assets properly you will be able to use your available assets wisely and get more out of their utilization while delivering added value to the business.
It is designed to support you in the proper handling of processes and risks, which will lead to the improvement of current and future company performance. Moreover, the implementation of an Asset Management System that complies with ISO 55001 enables the organization to align its objectives with asset management system objectives which leads the organization towards achieving its intended outcomes. Moreover, ISO 55001 aligns the organization’s objectives with asset management objectives since the purpose of asset management is achieving organizational objectives.
- Ability to manage asset's lifecycle
- Support improvement and business growth
- Improved profitability
- Ability to ensure that assets fulfill their necessary function
- Development of viable and predictable cash flows
- Enhance brand reputation
FAQ For ISO 55001 Certification in Dubai, UAE
ISO 55001 Certification offers a structure for the formal establishment, execution, sustenance, and enhancement of an organization's asset management system. Irrespective of whether the assets are tangible or intangible, this global standard provides direction on how to effectively manage the essential assets of an organization.
ISO 55001 certification is an internationally recognized standard that specifies the requirements for an effective asset management system. It is designed to help organizations improve their asset management practices and realize the benefits of a well-run asset management system, such as improved organizational performance, improved decision-making, and reduced costs.
The purpose of the ISO 55001 Certification in UAE is to establish a certification standard for asset management practices and approaches. This accreditation guideline outlines specific parameters related to asset management, which aim to achieve defined business objectives. The primary focus of this certification is to identify and manage risks and threats to business assets, with a particular emphasis on policies, objectives, strategies, and plans for asset management.
There are quite a few steps involved in getting an ISO 55001 certification, but it is definitely possible to do it. First, you will need to make sure that your management system meets all of the requirements in the ISO 55001 standard. Once you have done that, you will need to get your management system audited by an accredited certification. Once you have passed the audit, you will be able to get your certification
For organizations that wish to implement ISO 55001 certification In Dubai, Abu Dhabi, Sharjah, and the UAE, Veritas Assurance offers external Consultants who are proven in the market to provide ISO 55001 consulting, training, implementation, and certification services. If your company owns physical infrastructure assets, the consultants can assist you in setting up effective asset management procedures and obtaining ISO 55001 certification.
A group of asset management standards called ISO 55000, ISO 55001, and ISO 55002 are available. The goal of the ISO 55001 standard is to help an organization get the most out of its assets. Its goal is to make it possible for a company to manage its resources effectively and efficiently in order to achieve its goals.
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