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    PAS 55 and ISO 55001

    What is PAS 55 and ISO 55001 Asset Management?

    PAS 55

    Asset Management (BSI PAS 55)


    What is asset management?

    Asset custodians are increasingly being asked questions about the condition and performance of their assets, and whether they have a maintenance policy for optimum performance and longevity.

    PAS 55 is a publicly available specification (BSI PAS 55) which identifies best practice for asset management. As well as providing a route map for the introduction of an asset management regime, certified compliance with the specification also allows operators to demonstrate effective management to stakeholders.

    How we can help

    We offer three principle PAS 55 related services in support of the development and maintenance of an effective asset management regime, and can assess existing management frameworks against this independent British Standards Institute specification, as promoted by the Institute of Asset Management.

    PAS 55 Training - provide senior management with an overview of the requirements of BSI PAS 55, and for practitioners, a more detailed course to train staff how to implement asset management best practice using PAS 55 as the benchmark.

    PAS 55 Gap Analysis - a review of your asset management system to identify gaps against the specification. We produce a full clause by clause report and assist in the production of a roadmap to ensure that you are ready to undergo the certification assessment process.

    PAS 55 Certification - assess asset management systems against best practice as defined by PAS 55 and certify, once compliance verified.

    What are the benefits of PAS 55?

    • Evidence that the investment and expenditure on assets is in accordance with the company business strategy

    • managed cost through optimisation of investment and maintenance for required operational and safety performance

    • support to corporate governance through independent verification of safety critical system compliance
      evidence for regulators and other stakeholders that assets are being appropriately maintained and short and long term issues and risks are being addressed

    • access to multi-disciplinary teams with competencies and experience across a wide field of asset types and engineering systems

    Further information on PAS 55 can be viewed on the right or you can contact us with your requirements using the link below.

    Next steps...

    To find out how we can help your business please contact your nearest office or complete our enquiry form: