The professional body for whole life management of physical assets

International Standards - ISO Project


The IAM is delighted to be promoting the development of the discipline and working with the International Community to produce an International Standards Organization (ISO) Management System Standard for Asset Management. 

We shall report recent developments and news both here and in monthly Newsletters and, of course, Assets magazine will carry occasional features.  

See link on the top right hand side of this page for more information and background to this important project.

ISO Project Committee 251 Asset Management

ISO Project Committee 251 (PC251) was established by the ISO Technical Management Board in August 2010 and held its first plenary meeting in Melbourne, Australia from 28th February to 4th March 2011.  The last meeting took place in Calgary from 29th April to 3rd May 2013 - see the Communiqué below.

The Standards are:

ISO55000: Asset management - Overview, principles and terminology
ISO55001: Asset management - Requirements
ISO55002: Asset management - Guidelines on the application of ISO55001

ISO PC251 Meeting Communiques:

Location and Date

 Download link

London,Sept 2009


Melbourne, March 2011


Washington, October 2011


Pretoria, February 2012


Prague, June 2012


Calgary, April 2013




You may be interested to know that ISO/CASCO has drafted a new Annex to the Standard governing Accreditation of Assessing Bodies (ISO17021-5), which will be released for comment at the same time as the ISO55000 series.  This covers compliance assessments against ISO55001.  Accreditation Schemes may be launched by any interested Countries once ISO17021-5 has been finalised.

For more detail, please read the Calgary Communique (above).

International Participation

An unusually high proportion of ISO Member Countries became Participants or Observers (you can see the list here) - and there were nearly 80 delegates to the Calgary meeting.

The UK Mirror Committee has been extremely active throughout and the IAM sent a strong delegation to each meeting and helped lead the work programme.  We also enabled IAM Members whose own Countries were not involved to contribute their comments through this route (and we encouraged the Standards Bodies of such Countries to engage!)

News and further reading...

Please note the IAM is not responsible for external content


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