ISO 55000 defines terms and establishes principles and outcomes for asset management. It describes:
— the benefits of asset management and an asset management system,
— the relationship between asset management, the asset management system and asset portfolio,
— asset management improvement and maturity.
This standard applies to all types of assets and all types and sizes of organisations. However, it does not provide financial, accounting, human resources nor technical guidance for managing specific asset types.
ISO 55000 is primarily intended for use by:
— senior executives who wish to adopt asset management and implement an asset management system in their organisation,
— those involved in asset management or intending to become practitioners,
— anyone who would benefit from a short introduction to asset management.
ISO 55000 sets the context for ISO 55001 and ISO 55002, and also later documents in the ISO 55000 family of standards. For the purposes of this document, ISO 55001 and ISO 55002, the term “asset management system” is used to refer to a management system for asset management.