Technological Innovation

What is ISO-FDIS 55002:2017?

ISO-FDIS 55002:2017 is a technical standard developed by the International Organization for Standardization (ISO). It is part of the ISO 55000 family of standards, which provide guidance for asset management. This particular standard focuses on the guidelines for the application of ISO 55001, the standard that specifies the requirements for an effective asset management system.

The Scope of ISO-FDIS 55002:2017

This standard provides organizations with practical recommendations and examples to implement ISO 55001 effectively. It covers various aspects of asset management, such as strategic planning, risk management, performance evaluation, and resource allocation. The goal is to enable organizations to optimize the value from their assets while balancing costs, risks, and performance considerations.

The Benefits of Implementing ISO-FDIS 55002:2017

Implementing ISO-FDIS 55002:2017 offers several benefits to organizations. Firstly, it provides a structured approach to asset management, ensuring that all critical elements are considered and addressed. This leads to better decision-making processes and improved asset performance. Secondly, it promotes a culture of continuous improvement by establishing a framework for monitoring, measuring, and reviewing asset management activities. Lastly, adherence to this standard enhances an organization's ability to meet legal, regulatory, and contractual obligations related to asset management.

Challenges in Implementing ISO-FDIS 55002:2017

Despite its numerous benefits, implementing ISO-FDIS 55002:2017 can pose some challenges. Firstly, it requires a significant commitment of resources, including time, personnel, and financial investment. Organizations need to allocate dedicated staff and training to ensure successful implementation. Additionally, adapting existing asset management practices to meet the standard's requirements may be a complex and time-consuming process. Lastly, organizational change management is crucial to overcome resistance from employees and promote buy-in at all levels of the organization.


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