This Publicly Available Specification (PAS) was first published in 2004 in response to demand from industry for a standard for asset management. It is applicable to any organization where physical assets are a key or a critical factor in achieving its business goals.
This PAS has been based on the familiar BS ISO format comparable with widely adopted standards such as BS EN ISO 14001 and BS EN OHSAS 18001.
This PAS is published in two parts:
- Part 1: Specification for the optimized management of physical assets; and
- Part 2: Guidelines for the application of PAS 55-1
Who is it for?
PAS 55-1 is applicable to all sizes of business, from small to medium enterprises through to multinationals, and to any organization that wishes to:
a) Establish an asset management system to optimally and sustainably manage its physical assets over their life cycles or over a defined long-term period
b) Implement, maintain and improve an asset management system
c) Assure itself of its compliance with its stated asset management policy and strategy
d) Demonstrate such compliance to others
e) Seek certification/registration of its asset management system by an external organization
f) Make a self-determination and self-declaration of compliance with this PAS.
Integration with other management systems
Implementing this specification would enable an organization to align or integrate its asset management system with other related management systems. In order to enable organizations to develop integrated management systems that are aligned to standards, such as PAS 99 and BS OHSAS 18001, the requirements and structure of this PAS are arranged within the Plan-Do-Check-Act (PDCA) framework as follows:
Plan
establish the asset management strategy, objectives and plans necessary to deliver results in accordance with the organization’s asset management policy and the organizational strategic plan
Do
establish the enablers for implementing asset management (e.g. asset information management system(s)) and other necessary requirements (e.g. legal requirements) and implement the asset management plan(s)
Check
monitor and measure results against asset management policy, strategy objectives, legal and other requirements; record and report the results
Act
take actions to ensure that the asset management objectives are achieved and to continually improve the asset management system and asset management performance
How can we help?
Assessment and Certification
As you’d expect, we’re an accredited body ourselves. This ensures that we look at your application from an independent angle and that our experienced and professional Client Managers will bring their industry knowledge to bear and help your organization to benchmark its systems against a proven standard.
Training
From a one-day introductory course to practical implementation trainings, our network of public and in-company training offers comprehensive PAS 55 Asset Management training.
Standards and publications
We offer a wide range of standards, guidance documents, support publications and software tools to help you through certification and beyond. Standards and publications can be purchased directly from your local BSI office.
Next steps
Contact us about your needs, and we can arrange the services that suit you best. There are a number of ways to move towards PAS 55 certification. If you want to know how close you are to certification, a professional gap analysis would surely meet this need. Alternatively, if you are looking to integrate your PAS 55 with your existing management systems, we can certify your Integrated Management System to PAS 99, the world’s first integrated management systems standard. For more information on these and any of our services, please contact your local BSI office.
Next Steps
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