BS PAS 55-1:2008

BS PAS 55-1:2008 specifies therequirements for an asset management system for themanagement of physical assets and asset systems overtheir life cycles. The management of physical assets is,however, inextricably linked to the management ofother asset types (see Figure 2) and these other assettypes are considered within the asset managementsystem insofar as they have a direct impact on themanagement of physical assets.

NOTE For example, the optimal life cycle managementof physical assets is heavily dependent upon informationand knowledge, human assets and financial resources,and often has a significant impact on reputation andcustomer satisfaction.

BS PAS 55-1:2008 is applicable to all sizes of business, from smallto medium enterprises through to multinationals, andto any organization that wishes to:

a) establish an asset management system to optimallyand sustainably manage its physical assets over theirlife cycles or over a defined long-term period;

NOTE There may be an organizational need to manageasset systems optimally for an indefinite period into thefuture i.e. in perpetuity, in which case the defined longtermperiod should align with the time horizon of theorganizational strategic plan and should include the lifecycles of critical assets.

b) implement, maintain and improve an assetmanagement system;

c) assure itself of its compliance with its stated assetmanagement policy and strategy;

d) demonstrate such compliance to others;

e) seek certification/registration of its assetmanagement system by an external organization;

f) make a self-determination and self-declaration ofcompliance with BS PAS 55-1:2008.



Cross References:
PAS 99:2006
BS 8900:2006
BS EN ISO 9000:2005
BS EN ISO 9001:2000
BS EN ISO 14001:2004
BS OHSAS 18001:2007
ISO Guide 72:2001
PD ISO/IEC Guide 73:2002
BS 3811:1993
BS 3843-1:1992
BS 3843-2:1992
BS 3843-3:1992
BS 25999-1:2006
BS 25999-2:2007
BS EN ISO 9004:2000
ISO/IEC 15288:2002
OHSAS 18002:2000


Replaces PAS 55-1:2003 which remains current until March 2010.

All current amendments available at time of purchase are included with the purchase of this document.



Keywords: Management; Assets; Management operations; Planning

Product Code(s): 30171836,30171836

This product references:BS EN ISO 14001:2004 - Environmental management systems. Requirements with guidance for use
BS 8900:2006 - Guidance for managing sustainable development
BS EN ISO 9001:2000 - Quality management systems. Requirements
ISO Guide 72:2001 - Guidelines for the justification and development of management system standards
BS 3843-1:1992 - Guide to terotechnology (the economic management of assets). Introduction to terotechnology
BS 3843-3:1992 - Guide to terotechnology (the economic management of assets). Guide to the available techniques
BS 25999-2:2007 - Business continuity management. Specification
BS EN ISO 9004:2000 - Quality management systems. Guidelines for performance improvements
BS 25999-1:2006 - Business continuity management. Code of practice
BS 3843-2:1992 - Guide to terotechnology (the economic management of assets). Introduction to the techniques and applications
BS 3811:1993 - Glossary of terms used in terotechnology
BS OHSAS 18001:2007 - Occupational health and safety management systems. Requirements
ISO/IEC 15288:2002 - Systems engineering - System life cycle processes
BS EN ISO 9000:2005 - Quality management systems. Fundamentals and vocabulary
This product replaces:BS PAS 55-1:2003 - Asset management. Specification for the optimised management of physical infrastructure assets

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BS PAS 55-1:2008
BS PAS 55-1:2003

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