A site that should be periodically visited by all maintenance and reliability professionals is http://www.uspc251tag.org This site is where you can get the latest news on the proposed ISO-55000 standards.
Most companies have heard about the PAS-55 standard- which is the UK’s Publically Available Standard for asset management. The proposed ISO-55000 standard is the first attempt to have an asset management standard.
Why is this important? Most companies are evaluated by their investors, based on their profit compared to the investment in the assets. Properly managed assets will help companies lower the denominator in this calculation. So the company’s financial standing and perception on Wall Street can be impacted.
In addition, a company’s safety, environmental, and quality process can all be impacted by well-managed or poorly managed assets. Since assets are key to business performance, wouldn’t it be beneficial to have standard processes? Why not stop by the above web site and check out what is going on in this area? Better yet, why not get involved – Information on how to be involved is also on this site. You might find it rewarding, both for you and your company.