ISO 55000, 55001, 55002

The ISO 55000 family is the first set of International Standards for Asset Management and is emerging from the success of the BSI/IAM Publicly Available Specification PAS 55.


 The ISO 55000 Family of Standards Comprises:

ISO 55000

Specifies the overview, concepts and terminology in Asset Management

ISO 55001

Defines the requirements for a management system for Asset Management

ISO 55002

Provides interpretation and implementation guidance for such a management system

Development History

The initial launch of the project followed a preliminary meeting in London in June 2010. Thereafter, four formal meetings of the full PC251 committee occurred in Melbourne (Australia), Arlington (USA), Pretoria (South Africa) and Prague (Czech Republic), with significant development work both during and between the meetings. This resulted in two cycles of working drafts, two cycles of committee drafts and a Draft International Standard (DIS)’ status. In summary, the project remained on track through to the publication of the standards on 10 January 2014.

Participants and Status

The standards were developed by an ISO Project Committee 251 (PC251), with the following participants:

Full participants: Argentina (IRAM), Australia (SA), Belgium (NBN), Brazil (ABNT), Canada (SCC), Chile (INN), China (SAC), Colombia (ICONTEC), Czech Republic (UNMZ), Finland (SFS), France (AFNOR), Germany (DIN), India (BIS), Ireland (NSAI), Italy (UNI), Japan (JISC), Republic of Korea (KATS), Mexico (DGN), Netherlands (NEN), Norway (SN), Peru (INDECOPI), Portugal (IPQ), Russian Federation (GOSTR), South Africa (SABS), Spain (AENOR), Sweden (SIS), Switzerland (SNV), United Arab Emirates (ESMA), United Kingdom (BSI), United States (ANSI)

Observer status: Armenia (SARM), Austria (ASI), Costa Rica (INTECO), Denmark (DS), Hong Kong (ITCHKSAR), Hungary (MSZT), Iceland (IST), Iraq (COSQC), Israel (SII), Malaysia (DSM), Morocco (IMANOR), New Zealand (SNZ), Slovakia (SUTN), Thailand (TISI)

Alignment with other Standards

The ISO 55000 family of standards aligns and is suitable for integrating with other major management systems. These include ISO 9001 for quality management, ISO 14001 for environmental management, OHSAS 18000 for occupational health and safety, and ISO 31000 for risk management. The ISO 55000 family is the first management system standards to implement the new ISO Annex SL, providing a consistent basis for all management systems and enabling better integration and coordinated monitoring, audit and certification.  Other management system standards are being reorganised also to align with this new template.


Explore ISO 55000 Assessment and Roadmapping Services


Now that ISO 55000 is published, it goes into a 5-yearly review cycle. In 2015, ISO established a permanent ISO Technical Committee (ISO/TC 251/N). The committee has the responsibility for Asset Management, and the early revision of the ISO 55002:2018 (published in October 2018).

So far the committee has held formal meetings in the following participating countries and the last one was hosted in Amersfoort, The Netherlands in October 2018.

11-13 November 2015, Yokohama, Japan

13-17 June 2016, Malmö, Sweden

10-14 October 2016, Redlands, California, USA

27-31 March 2017, Brisbane, Australia

5-9 February 2018, Paris, France

15-19 October 2019, Amersfoort, The Netherlands


6-10 May 2019, China

4-8 November 2019, Ecuador