ISO 55000:2024 establishes the vocabulary, overview, and principles of asset management; ISO 55001:2024 defines the requirements for an asset management system. Together, they structure how an organization connects objectives, decisions, assets, risk, performance, cost, and value throughout the lifecycle. ISO 55002 provides guidance on applying the requirements, but it neither replaces ISO 55001 nor creates a universal list of maintenance tasks.<\/p>\n\n\n\n
Asset management under the ISO 55000 series is broader than maintenance, asset registers, or software. The focus is to ensure that asset-related decisions contribute to organizational objectives while considering value, risks, opportunities, performance, and expenditure throughout the lifecycle. This requires governance, decision criteria, information, competence, planning, and continual improvement.<\/p>\n\n\n\n
ISO 55000 is the conceptual foundation of the family. The 2024 edition presents the vocabulary, overview, principles, and outcomes associated with asset management. It helps the organization understand what it means to manage assets systematically and how that system connects to value and organizational objectives.<\/p>\n\n\n\n
ISO 55001 is the requirements standard. It specifies what an asset management system needs to establish, implement, maintain, and improve. It is the reference used when an organization wants to structure its system in an auditable manner or pursue certification.<\/p>\n\n\n\n
ISO 55002:2018 provides practical guidance for applying ISO 55001. In August 2026, this edition remained published while a new revision was under development. A working document or committee draft should not be treated as a current requirement.<\/p>\n\n\n\nDocument<\/td> Role in the family<\/td> Main question<\/td><\/tr> ISO 55000:2024<\/td> Vocabulary, overview, and principles<\/td> What is asset management, and which concepts guide the system?<\/td><\/tr> ISO 55001:2024<\/td> Asset management system requirements<\/td> What does the organization need to establish and control?<\/td><\/tr> ISO 55002:2018<\/td> Application guidance<\/td> How should ISO 55001 requirements be interpreted and implemented?<\/td><\/tr> ISO\/TS 55010:2024<\/td> Alignment between financial and non-financial functions<\/td> How can technical and financial asset decisions be aligned?<\/td><\/tr> ISO 55012:2024<\/td> People involvement and competence<\/td> How should participation and required competencies be structured?<\/td><\/tr> ISO 55013:2024<\/td> Data management to support asset objectives<\/td> How can information usefulness and governance be improved?<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n