Asset Management and ISO 55000 – CONNECT Conversations

Ron Moore | Contributing Host, RELIABILITY CONNECT


Is it an asset management strategy, or a maintenance management strategy re-labeled? We’ll answer this question by reviewing ISO 55000 and its ramifications, and we’ll consider the differences between an asset management strategy and a maintenance management strategy, considering the following questions:

· Does your asset management strategy consider the business requirements of the assets over the coming 5-10 years? Are you growing – Rapidly? Slowly? Are you for sale? Are you in decline? Each scenario requires a different strategy

· What role does design and capital projects play in your asset management strategy?

· What role does purchasing play?

· What role does operations play?

· What role does maintenance play?

If you don’t have good answers to the first four, you have a maintenance management strategy, not an asset management strategy.

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About the Author

Ron Moore Contributing Host, RELIABILITY CONNECT
  • Author of 1) Making Common Sense Common Practice; 2) What Tool? When? A Management Guide; 3) Where Do We Start Our Improvement Program?; 4) Business Fables & Foibles; 5) A Common Sense Approach to Defect Elimination; 6) Our Transplant Journey; and 70+ papers
  • Authority on strategies and practices for operational excellence
  • Clients in North & South America, Australia, Europe, Asia, Africa,
  • Managing Partner of The RM Group, Inc. for 27 years
  • Prior to consulting – President of Computational Systems, Inc. (CSI)