ISO 55002 – Asset Management Conformity Assessment

Overview

ISO 55002 provides implementation guidance for asset management systems (based on ISO 55001). Our assessment helps organizations:

  • Evaluate asset management maturity against international standards

  • Identify gaps in asset lifecycle management processes

  • Optimize asset performance and total cost of ownership

  • Prepare for full ISO 55001 certification

Who It's For

  • Infrastructure operators (transport, utilities, energy)

  • Manufacturing and industrial asset owners

  • Facility management organizations

  • Public sector asset managers

  • Companies pursuing ISO 55001 certification

Why an ISO 55002 Assessment Matters

  • Cost Optimization: Improve return on assets and reduce lifecycle costs

  • Risk Reduction: Identify critical asset vulnerabilities

  • Performance Improvement: Enhance asset reliability and availability

  • Stakeholder Confidence: Demonstrate professional asset management

Scope of Our Assessment

  • Strategic Alignment: Asset management policy and objectives

  • Lifecycle Processes: Acquisition, operation, maintenance, renewal

  • Risk Management: Criticality assessment and mitigation

  • Data Systems: Asset information and decision support tools

  • Improvement Roadmap: Prioritized actions for ISO 55001 readiness

Our 6-Step Assessment Process

  1. Scoping Workshop: Define asset portfolio boundaries

  2. Document Review: Asset management policy, plans, and procedures

  3. On-Site Evaluation: Asset condition and maintenance verification

  4. Stakeholder Interviews: Engage with asset teams and leadership

  5. Gap Analysis: Compare against ISO 55002 guidelines

  6. Reporting: Deliver Conformity Assessment with improvement plan

Deliverables

  • Conformity Assessment Certificate (valid 1 year)

  • Asset Management Maturity Report

  • Criticality and Risk Assessment

  • Implementation Roadmap

  • Executive Briefing Package

Why Company Certification Int.?

  • Asset Management Experts: Assessors with IAM certifications

  • Sector-Specific Knowledge: Infrastructure, manufacturing, energy

  • Practical Focus: Actionable recommendations, not just compliance

  • Global Recognition: Accepted by regulators and certification bodies

FAQ

Q: Is ISO 55002 certification available?
A: No, ISO 55002 provides guidance. Our assessment verifies your alignment and prepares for ISO 55001 certification.

Q: What assets should we include?
A: We recommend focusing on your most critical 20% of assets that drive 80% of value/risk.

Q: How does this differ from maintenance audits?
A: We assess the full asset lifecycle from strategy to disposal, not just maintenance.

Q: What's the typical assessment duration?
A: 2-4 weeks depending on asset portfolio complexity.

Q: Can this integrate with our existing EAM/CMMS?
A: Yes, we evaluate how well your digital tools support asset management objectives.

Get Started

Ready to optimize your asset management?
[Request Asset Assessment] [Download Maturity Checklist]

The Certification Process

Online gap analysis allows us to see the current

  • quality benchmark within your organization,
  • the finances required
  • the time required for this project (System and Certification Fee)

Your Estimate will be shared with you in 24 hours.

Upon Estimate Approval the project starts:

  • A client executive is assigned to your project
  • Contact information is shared with you
  • The Payment details are provided to you

All Support is delivered Online.

The Client Executive will provide the Documentation Templates and explain to you how to amend it.
You will be required to perform the following tasks:

  1. Identify your core or business processes.
  2. Amend documentation that meets your business needs. (Policy statements, objectives, manuals, work instructions, job descriptions, forms.)
  3. Encourage employees to be aware of the new documented system
  4. Review, approve, and distribute the documents to those who need access to the information.

  • Ensure procedures are being performed as documented.
  • Ensure employees are trained properly for the tasks they are performing.
  • Create effective reporting systems.
  • Monitor the effectiveness of your processes through the use of measurable data, where possible.
  • Review and take action to improve in the areas required.
  • Plan internal auditing activities.
  • Submit your management system documentation for review to ensure it complies with the applicable standard.
  • Prepare for review by an external auditor to confirm that the system’s requirements are being satisfied and that the management system is implemented effectively.
  • Obtain ISO Certifcaiton
  • This periodic on-site review is usually conducted annually.
  • It ensures that the certified business continues to comply with Standard requirements, as confirmed during the Recertification Audit at the certification cycle's outset.
  • Most are conducted remotely.

Refer to learn more about Types of Audits

FAQ's

Starting with your initial consultation with our ISO specialists and progressing through certification, the timeline can be as short as 15 days. However, the duration is contingent upon the size and complexity of your business. It's worth noting that we can often expedite the process and reduce costs by preparing the Documented Management System Manual on your behalf, which can also accelerate the certification for your business.

Following ISO 17021 guidelines, accredited certification bodies must provide certified organizations with certificates covering a 3-year certification cycle. Extensions beyond this timeframe are possible with the completion of necessary external audits and adherence to the certification cycle. ISO Certification, for instance, commonly issues certificates throughout a ten-year contract period.

At Company Certification, our dedication is to ensure that ISO certification remains cost-effective for all our clients. The expenses involved depend on various factors including your industry sector, annual turnover, number of employees, and other considerations. Feel free to utilize our complimentary calculator to receive an instant quote.

ISO certification is reserved for organizational entities, and not for individual professionals.

Apply Online

 
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ISO Certification: This is an official, globally recognized certification proving that your management system meets international standards. Conformity Assessment Certificate: This is useful for demonstrating basic adherence to specific CE/ISO/EU guidelines and Norms.
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