coordinated activity of an organization to realize value from assets Note 1 to entry: Realization of value will normally involve a balancing of costs, risks, opportunities and performance benefits.Note 2 to entry: Activity can also refer to the application of the elements of the asset management system.Note 3 to entry: The term “activity” has a […]
Asset management Overview principles and terminology The ISO 55000 standard integrates with other essential management systems by outlining definitions and terminologies for asset management. Published under the International Organization for Standardization of Management Systems (ISO) standards, it contains technical specifications and a set of guidelines for its use. It is the first management system standard […]
Asset management — Management systems Guidelines for the application of ISO 55001
