What is ISO 55002 — Asset Management — Management Systems — Guidelines for the Application of ISO 55001

Definition

ISO 55002 provides practical guidance and recommendations for implementing the requirements of ISO 55001. It explains how organizations can interpret and apply the standard in different operational environments, supporting the development, operation and continual improvement of an effective asset management system.

Why It Matters

ISO 55002 assists organizations in implementing ISO 55001 through practical guidance and application examples.

In Practice

ISO 55002 supplements ISO 55001 by providing implementation guidance but does not introduce additional requirements or certification criteria.

Common Misuse

ISO 55002 explains how to implement ISO 55001, whereas ISO 55001 specifies the mandatory management system requirements.

ISO 55001 — Asset Management — Asset Management System — Requirements

AIM — Asset Information Management

LCM — Life Cycle Management

Term Details

Synonyms:

ISO 55002; ISO Asset Management Guidance; Asset Management Implementation

Classification:

Standards, Codes & Regulations

Standard

Intermediate

Applications

Standards, Codes & Regulations; Asset Management; International Standards.

Where It's Used

Asset-intensive industries.; Infrastructure.; Utilities.; Manufacturing.; Oil and gas.

References

ISO 55002

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ISO 55002 — Asset Management — Management Systems — Guidelines for the Application of ISO 55001

Inspection
Work Planning