The professional body for whole life management of physical assets

ISO Project Background

Full International Standard

The International Organization for Standardization (ISO) began work on a new International Standard for Asset Management, using BSI PAS 55:2008 as the "base document". 

Project Committee (PC251) was created to carry out the work.  The first meeting was in Melbourne at the end of February 2011 and short reports of each meeting are posted here.

The Background

After the launch of BSI PAS 55:2008, the IAM worked hard with the British Standards Institution (BSI) to explore the best way to produce a formal International Standard, through the ISO.  

Our aim was to increase the degree of international and cross-sector participation in the development of asset management good practice and application in many more parts of the world. Through the significant ISO membership, the IAM sought to encourage the inclusion of other relevant documents as well as PAS55 in our search for improvements.

In late July 2009, BSI submitted a proposal to form a "Project Committee" to develop an International Standard. 

In late July 2009, BSI submitted a proposal to form a "Project Committee" to develop an International Standard. This ISO Standard would be based upon the good work already captured in PAS55 as well as seeking input from other industries and learned societies from around the world.

The ISO Technical Management Board (ISO/TMB) reviewed it and a "new work item proposal" was circulated to all National Standards Bodies (that are members of ISO) for ballot. 

For more information, please download  IAM Briefing Note ISO 7Sep09

Preliminary Meeting (London, June 2010)

The decision follows a worldwide ballot, which closed in November 2009, on the ‘new work item proposal’ that was circulated to National Standards Bodies around the world. ISO Technical Management Board (TMB) Resolution 196/2009 stated:


NWIP on Asset Management

The Technical Management Board noting the numerous comments submitted through the ballot regarding the new work item proposal for standards on asset management, which requested that the NWIP be registered as a preliminary project, requests that BSI (United Kingdom) organize a preliminary meeting and provide the TMB with a report and recommendations of the meeting.

An invitation has now been sent to the National Standards Bodies which expressed interest in participating in the process, for a preliminary meeting of PC 251 in London, on 26-29 April, 2010. This was postponed owing to the effects of the volcano on air travel and took place on 15-18 June. The result was a unanimous recommendation to proceed and the formal recommendation is available to download ISO Communique 25 June 2010. The decision of the Technical Management Board is awaited.

The TMB confirmed this recommendation and Project Committee 251 became official in August 2010.

ISO55000/1/2 Format

At the successful Preliminary Meeting in London in June 2010, it was agreed unanimously to adopt the draft ISO JTCG format, which includes standard text and common terminology for all ISO management system standards

Therefore, following debate, the two-part base document BSI PAS 55:2008 was reissued in the proposed three sections in the JTCG format. The three sections were: Overview & Definitions, Requirements and Implementation & Guidance. These were used as a basis for inviting comments from participating countries. The consequence was more than 150 pages of comments to be considered in Melbourne.

BSI forms UK Mirror Committee

BSI hosted a half day meeting on Tuesday, 30th March 2010  in order for stakeholders to review the ISO new work item and the standardisation process.

This 'Mirror Committee' would go to provide input into the development of the three new ISO standards on Asset Management - by the ISO Project Committee 251:

  1.Asset management - Overview, principles and terminology
  2.Asset management - Requirements
  3.Asset management - Guidelines on the application of the ISO standard

Representation on the committee was sought from many spheres including: consumer organizations; professional institutions; certification, testing, and inspections bodies; educational establishments; research organizations; UK notified bodies; enforcement bodies and government departments.  It should be noted that BSI technical committees have formal rules and procedures for their constitution and membership.

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