ISO 55002 – Asset Management 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 knowledge

  • 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]

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.

Conformity Assessment

Conformity Assessment

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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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