ISO 55001:2014 – ISO 55001:2024 – New
| 4.5 Asset management decision-making and value | |
| 4.5 | The organisation shall develop… |
| Note |
2024 This new subclause introduces a framework for asset management decision-making, including criteria and methods. This change, compared to the 2014 edition, improves alignment from strategic to operational levels and ensures consistent decision-making to realize asset value while considering context, stakeholder needs, and risks. |
|
Evidence Example |
2024 Policies or procedures of how an organisation makes decisions |
| ISO Artefact |
2024 Strategic Asset Management Plan and/or any decision-making artefact the organisation has |