ISO-FDIS 55002:2017

ISO-FDIS 55002:2017 is a technical standard that provides guidance for the effective implementation and management of asset management systems, in accordance with the principles outlined in ISO 55001. This standard aims to assist organizations in maximizing value from their assets while minimizing risks and costs. It provides a framework for establishing, implementing, maintaining, and improving asset management within an organization.

Key Principles of ISO-FDIS 55002:2017

ISO-FDIS 55002:2017 is based on the following key principles:

Risk Management: The standard emphasizes the importance of identifying and managing risks associated with asset management. Organizations need to have policies, procedures, and controls in place to effectively manage risks that could impact the performance and lifespan of their assets.

Life Cycle Perspective: ISO-FDIS 55002:2017 encourages organizations to consider the entire life cycle of their assets, from planning and design to disposal. This includes integrating asset management practices into different stages of the asset's life cycle to ensure optimal performance and cost-effectiveness.

Decision-Making Process: The standard provides guidance on making informed decisions about asset management. This involves setting objectives, defining evaluation criteria, and considering opportunities and constraints, among other factors. By employing a systematic decision-making process, organizations can make well-informed choices that align with their overall goals.

Benefits and Implementation Challenges

Implementing ISO-FDIS 55002:2017 offers several benefits for organizations:

Improved Asset Performance: By following the guidelines outlined in this standard, organizations can optimize the performance of their assets, leading to increased efficiency and productivity.

Enhanced Risk Management: ISO-FDIS 55002:2017 helps organizations develop effective risk management strategies, minimizing the likelihood of asset failures or unexpected downtime.

Cost Savings: Proper implementation of the standard enables organizations to identify cost-saving opportunities by managing assets more effectively and efficiently.

However, implementing ISO-FDIS 55002:2017 may face certain challenges:

Resource Allocation: Organizations need to allocate sufficient resources, including human, financial, and technological, to successfully implement and maintain the requirements of the standard.

Data Management: Effective asset management relies on accurate and up-to-date data. Ensuring data integrity can be a challenge, especially in complex organizations with multiple stakeholders.

Cultural Change: Implementing ISO-FDIS 55002:2017 often requires a cultural shift within an organization. Stakeholder engagement, training, and change management initiatives are crucial for successful adoption.

Conclusion

ISO-FDIS 55002:2017 provides comprehensive guidance for organizations looking to establish and improve their asset management systems. By following this standard, organizations can enhance their asset performance, increase efficiency, and effectively manage risks. Although there may be challenges during implementation, the benefits outweigh the difficulties, making ISO-FDIS 55002:2017 a valuable tool for organizations seeking to optimize their asset management practices.