Achieving Business Benefit by going beyond PAS55 Compliance

The seminar will explore what meeting the requirements of PAS55 means and how to understand your achievements as well as offering some case study material for comparing approaches which have worked well for different businesses.

About PAS55

The internationally recognised framework for Asset Management systems has been in place for over 6 years and many organisations have successfully applied it to improve their Asset Management systems.  

PAS55 gives the key requirements of a good practice asset management system but does not specify how these must be met.  

There are many ways to meet the requirements, and then to enhance the system as a result of innovation and learning – and to meet new business drivers.  

Our two speakers will give some insight into what is necessary to meet the requirement, understand what enhancements will bring increased business benefits and discuss some specific examples

Chris Knowles

Chairman, IET and IAM Asset Management Network and Transportation Technical Director, Lloyd’s Register

• What does “meeting the requirements of PAS55” mean and how do I understand when I have achieved it?
• How can I determine what more I should do in my asset management system that is appropriate for my business?
• Should I always go for the most comprehensive approach applied in my industry sector
• How can I demonstrate there is a business benefit to enhancing systems - or indeed demonstrate that they are adequate as they are?

Steve Hornsby

IBM

• Looking at specific case study material comparing approaches which have worked well for different businesses
• Exploiting technology to the delivery of optimum approaches
• Aim to address a couple from
• Information Management
• Risk Management
• Performance and Condition Monitoring
• Contingency Planning
• Training Awareness and Competence

Programme

18:00 - Refreshments and registration
18:30 - Chair welcome
18:35 - Chris Knowles, IET and IAM Asset Management Network Chair, Q&A
19:15 - Refreshments
19:30 - Steve Hornsby, IBM, Q&A
20:15 - Chairman’s closing comments

Click here to go to IET Event Page

More about PAS55