ISO55001 Asset Management System

The asset management system aims to maximize the value of organizational assets. Based on the analysis of the internal and external environment of the organization, the organization's policies and strategic asset management plan are determined. Based on risk identification, asset management goals are determined to balance the risks, costs, and performance of the entire asset lifecycle for asset management decision-making. The asset management plan is developed, resources are provided to implement the asset management plan, and the implementation and completion of the asset management plan are checked. The compliance and effectiveness of the system are checked through internal audits and management reviews, and the policies and strategic asset management plan are revised according to changes in internal and external situations, starting a new cycle to create greater value for the achievement of organizational goals.

The objects of management include physical assets and intangible assets. Physical assets typically refer to equipment, inventory, and real estate owned by an organization. Intangible assets such as leasing rights, trademarks, data assets, usage rights, licenses, intellectual property, reputation, or agreements.