MEDIA RELEASE: Announcing a Joint Venture for Certification in ISO 55001 for Asset Management Assessors

The Worldwide Partnership in Asset Management Certification

A Joint Venture for

Certification in ISO 55001 for Asset Management Assessors


‘…Since 1991 we have engaged with industry leaders and world class researchers to identify significant challenges and innovative solutions…Now we can provide an even greater level of professionalism and customer service…’
Dave Daines - ISO Representative for CRC Mining

A worldwide partnership was recently formed, between four national, not-for-profit organisations, to provide industry certification for Asset Management Assessors. The certification will assure the quality of assessors, and confirm their knowledge and comprehension in asset management systems.

Stakeholders responsible for this ground-breaking initiative include ABRAMAN-Brazilian Maintenance Association, a private, scientific society with 2700 professional and organisational members; the USA Society for Maintenance and Reliability Professionals Certifying Organisation (SMRPCO), formed by practitioners to advance reliability and create leaders in the field; the Plant Engineering and Maintenance Association of Canada (PEMAC), a national association providing global leadership, education and certification in world class maintenance, reliability and physical asset management practices, and in Australia, the Asset Management Council; committed to promotion of best asset management practices in industrial, commercial, academic and government organisations.

Click here to read more and register your interest!

ISO 55001 Assessor Certification Exam Beta Test

The Asset Management Council has been working with more than 30 volunteers in Australia and New Zealand to create set of questions for an ISO Assessor exam, to certify individuals to be approved as ISO 55001 Assessors.

The volunteers contributed more than 250 multiple choice questions that have been approved by SMRPCO as suitable for beta testing.

The Asset Management Council has invited individuals who contributed to the exam to sit the trial, which will be held in a number of Australian cities including Melbourne, Sydney, Brisbane and Perth, in the coming week.

For any further information please contact Mo at

AM Council Discussion: Best Practice Use of Asset Management in Major Capital Projects

Examples of Best Practice Use of Asset Management in Major Capital Projects

Dave Daines, Asset Management Lead at BHP Billiton

Historically, it would appear that a lot of project groups either specifically treat some of this work as Operational Readiness and / or Maintenance Development at the project delivery stage and potentially fail to recognise the benefits at the Project Development stages (Concept / Selection /Definition).

What I am seeking is examples of the asset management approach being truly applied during project development and delivery stages and would like to talk to any organisation that consider they do this well.

Join the discussion here!

MEDIA RELEASE: New 2014 issues of ‘Framework for Asset Management’ and 'Companion Guide to ISO 55001'


Announcing new 2014 issues of

AMBoK ‘Framework for Asset Management’ (Second Edition)


AMBoK ‘Companion Guide to IS0 55001’ (Edition 1.1)

The new AMBoK ‘Framework for Asset Management’ 2014 publication has now been released; updated with improved coverage on continuous improvement and standards, this new, explanatory and informative publication provides the Asset Management Community with a concise picture of the principles, concepts and processes of asset management. This comprehensive edition explains and emphasises key roles of stakeholders; leadership and culture, key concepts and asset management maturity and unequivocally demonstrates the remarkable and consistent growth and global wealth of knowledge the Asset Management Council and its members have acquired.

In addition to this vital publication, the ‘Companion Guide to ISO 55001’ (Edition 1.1) is also available; released in June 2014 this, ‘must have how to guide,’ delivers an instructive approach when implementing ISO 55001. It is effectively used in conjunction with the Standard ISO 55001 Asset Management – Management Systems – Requirement. The ‘Companion Guide’ is an essential document for every asset management professional.

Click here to read more!

GFMAM Competency Specification for an ISO 55001 Asset Management System Auditor / Assessor

12-14 Specification Cover

From consultation with stakeholders, it has become clear that members and stakeholders of the Global Forum on Maintenance and Asset Management (GFMAM) Member Societies are seeking assistance in achieving results from the ISO 5500X Standards. In particular, organisations require competent and capable people - who may be employed as staff or brought in from external organisations - to assess against, or comply with, ISO 55001.

The Competency Specification for an ISO 55001 Asset Management System Auditor / Assessor sets out the minimum knowledge and comprehension specification for personnel to audit or assess to ISO 55001.

Each GFMAM member incorporates this Specification as part of their asset management framework.

These competency requirements have been created to form the baseline to assure the competence of people who audit or assess organisations to ISO 55001. These competency requirements conform to, at least, the requirements and recommendations in ISO 17210-5 and ISO 19011:2011.

For more information please read the document in full, here.