Presentation on theme: "ISO Asset Management Systems"— Presentation transcript:
1 ISO 55000 Asset Management Systems Jim Dieter, MIAM CPPM CFDirector of Strategic Programs, Sunflower SystemsJim is the ANSI (American National Standards Institute) Head of Delegation to ISO TC/251 (technical committee) which is developing ISOFebruary 2013
2 ISO 55000 Asset Management Systems Presentation TitleApril 5, 2017ISO Asset Management SystemsThe release of ISO Asset Management will be a seminal event for asset holding organizations and for all of us as Property and Asset Management ProfessionalsHow can you leverage this incredible opportunity to benefit your organization and your career?“Property Management” and “Asset Management” are synonymous.Speaker Name
3 Presentation TitleApril 5, 2017The Need for StandardsRisk awareness has become a very high concern among business executives and government officials:The world has suffered from major industrial disasters, the financial crisis and great recession, and continued global instability caused by civil unrest and economic duress of certain nationsThere is a need for an element of stability and this standard intends to be a leveling force for international tradeSpeaker Name
4 Background: Standards Organizations ISO – International Organization for Standardization, European based developer of international standardsANSI – American National Standards InstituteASTM – ASTM International is a US based developer of international standardsASTM formerly stood for the “American Society for Testing and Materials”. Now it is officially ASTM International.
5 Standards Development Committees ASTM E53 – ASTM standards committee for asset management standards, and the ANSI sanctioned host of the US TAG to TC/251TC/251 – ISO Technical Committee tasked with developing a management system standard for Asset ManagementUS/TAG (US Technical Advisory Group ) - ANSI sanctioned US group participating in TC/251
6 US/TAG Participating Organizations Broad support from a diverse group of organizations and associationsStratum Consulting PartnersE-ISG Asset Intelligence
7 ISO/TC251 Participating Countries 1. Argentina2. Australia3. Canada4. Chile5. China6. Czech Republic7. Denmark8. Finland9. Germany10. India20. Spain21. Sweden22. United Kingdom23. United States of America24. United Arab Emirates25. Japan26. France27. Switzerland11. Ireland12. Italy13. Republic of Korea14. Netherlands15. Mexico16. Norway17. Peru18. Portugal19. South Africa#22. United Kingdom initiated the effort.#2. Australia has been heavily involved, as have #3, #9, #10, #14, #19, # 21, #25 and #26.# 5. China recently became involved, and as a country are very engaged standards users.# 23. the US, has of course been deeply involved, and has perhaps the most diverse country committee from an industry segments standpoint.
8 February 2014 Timeline Status Mar 2011 Oct 2011 Feb 2012 Jun 2012 April 2013Feb 2014May 2011DistributeWD2Sep 2011WD2 CommentsRCVDCD1For CommentCD2For BallotDISTwo important concepts:1. Three year development process2. The planned date of publication – February 2014February 2014
9 ISO Definition of Management System Management System – Set of interrelated or interacting elements of an organization to establish policies and objectives, and processes to achieve those objectives
10 Many may be familiar with these ISO Management System Standards
11 ISO 55000 Asset Management System These standards describe a Management System for Asset ManagementThey do not describe processes for the management of assetsASTM E53 standards (and other guidance) cover lifecycle functions of the management of assets
12 ISO 55000: Overview, Principles and Terminology ISO Series StructureISO 55000: Overview, Principles and TerminologyISO 55001: RequirementsISO 55002: GuidelinesFirst, some concepts from the ISO document.
13 ISO 55000: DefinitionsAsset – something with potential value to an organization and for which the organization has a responsibilityUse this slide and the next to emphasize the key concepts.
14 ISO 55000: DefinitionsAsset – something with potential value to an organization and for which the organization has a responsibilityValue!
15 Over $2 B in cleanup costs Over $60 B in lost stock value Value DestructionThe avoidance of value destruction has been and will continue to be a critical factor and driver for Asset Management.What are some other examples of value destruction?- lost laptop with PII- failed audit leading to loss of current or future revenue- running equipment to failure rather than properly maintaining itOver $2 B in cleanup costs Over $60 B in lost stock value
16 Asset management enables the realization of value from assets Value realization is achieved through the use of analytical approaches and implementation processes that have similar core characteristics, no matter what the industryAsset management also delivers positive value:- risk management- effectiveness and efficiency- innovation- etc.
17 ISO 55000: DefinitionsAsset – something with potential value to an organization and for which the organization has a responsibilityAsset System - group of assets that interact and/or are interrelated so as to deliver a required business function or serviceAsset = Asset SystemOne longtime, ongoing discussion resolved in a simple manner.
18 ISO 55000: Overview, Principles and Terminology ISO Series StructureISO 55000: Overview, Principles and TerminologyISO 55001: RequirementsISO 55002: GuidelinesAs and have the same structure, we’ll discuss them together here.
19 ISO and 55002The ISO and ISO documents share the same structureISO covers requirementsISO covers guidanceThe details are of course not yet finalized, but key concepts are unlikely to significantly change
20 ISO 55001/55002 Structure The Organization Leadership Plans Support OperationPerformance EvaluationImprovementThis is the new ISO structure for Management Systems. Those existing Management Systems Standards that don’t currently follow this structure, will follow it on next revision.
21 The Organization Stakeholders, not just shareholders Triple bottom line - People, Profit and PlanetQuadruple bottom line – adds a Spiritual componentScope – what assets are included?System interfaces
22 Leadership Top management involvement Continual improvement AM integrated with business processesAdequate resources availableEstablish an Asset Management PolicyAlignment with organizational strategic plan
23 Plans Establish an Asset Management Plan Measurable objectives Risk managementMonitored and communicated
24 Support Provide necessary resources Assure competence of people doing the workAwarenessInformation requirementsDocumentation
25 Operation Process control Change management Control of any outsourced activities
26 Performance Evaluation Monitor and measureAnalysis and evaluationInternal auditManagement review
27 Improvement Nonconformity and corrective action Preventive action Continual improvement
28 Management Systems Assessments Has anyone participated in an ISO 9001 assessment audit?Other ISO Management System Audits?If you have, ISO assessment audits will likely look very familiarIf you already have a “registrar” or certifying body performing ISO Management Systems audit(s), they are likely candidates to perform an ISO audit as well. Third party audits are not required by the standard of course.
29 What’s in it for your organization? ISO promises to be a widely recognized and adopted international standardAssurance that the right things are being doneFocus is on supporting the mission and objectives of the organizationRealizing value from the organization’s assetsThe opportunity to differentiate your organization
30 What’s in it for you as individuals? Better enable all of us to do our jobsIncreased management awareness of asset managementMore “transportable” job skills and expertiseMore opportunities
31 Develop change management skills ActionsAwarenessPersonal awarenessOrganizational awarenessBecome an ISO expertDevelop change management skillsBuild AM relationships across organizational silosRealize value from organizational assetsStart Now!
37 ASTM E53.10 Committee ISO Asset Management Activities US/TAG Officers: Presentation TitleApril 5, 2017ASTM E53.10 Committee ISO Asset Management Activities US/TAG Officers:Chair: James Dieter, CPPM CF, Sunflower Systems,Vice Chair: Scott Morris, Genzyme,Recording Scott Pepperman, Executive Director, National Association Secretary: for the State Agencies for Surplus Property,Membership Kim Doner, CPPM, SRA International,Secretary:ASTM Staff Katerina Koperna, ASTM International,ManagerSpeaker Name
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