The (New) Asset Management Handbook – A Guide to ISO55000


Author Comments:

Of course, there are times when market conditions and financial constraints require less investment that is optimal. Organizations practicing asset management are better prepared for such conditions because they have a clear picture of the outcomes of decisions and can prioritize investment, even when limited.

The asset management approaches expressed in the New Asset Management Handbook are designed to connect top management to the physical asset base using a concept called line of sight. Asset management frameworks require that value and acceptable risk be defined and understood at all levels of the organization. This provides the alignment in decision-making at all levels of the organization to deliver value from assets at an acceptable risk level

Main Discription:

Introduction by Terrence O' Hanlon
Forward by David McKeown

Chapter 1: ISO55000 – It's all About the Value by Rhys Davies

Chapter 2: The Impact of ISO55000 by Thomas Smith

Chapter 3: The Application of ISO55000 by Terry Wireman

Chapter 4: Preparing your Organization for the Asset Management Journey by Scott Morris

Chapter 5: Assessment as a Transformative Tool in Asset Management by Grahame Fogel, Dean Griffin and PJ Vlok

Chapter 6: Asset Management Decision Making by John Woodhouse

Chapter 7: Turning Asset Management into Real Earnings Per Share by Robert DiStefano & Scott McWilliams

Chapter 8: Declaring Value from an Asset Management System by Grahame Fogel and Stefan Swanepoel

Chapter 9: Culture, Leadership and Behavior: The Influence on Asset Management by Joao Lafraia and John Hardwick

Chapter 10: Uptime Elements - A Reliability System for Asset Performance Management by Terrence O’Hanlon

Chapter 11: Asset Optimization Model by Jeff Smith

Chapter 12: What is Asset Performance Management? by David Armstrong

Chapter 13: Lifecycle Cost Analysis by Paul Barringer

Chapter 14: Managing Risk and Dependability for Asset Uptime by Tom Van Hardeveld

Chapter 15: Why Care About Insurance by Ian Barnard

Chapter 16: CAPEX to OPEX; Bridging the Gap by Bob DeStefano, Will Goetz & Bruno Storino

  • Part 1: Capital Projects, Operational Readiness and Business Risks: Maximizing Returns on New Assets

  • Part 2: Operational Readiness: Bridging the Gap Between Construction and Operations for New Capital Assets

  • Part 3: Is Your Asset Management Program Built on a House of Cards? The Importance of Creating a Solid Foundation

Chapter 17: The Concept of Line of Sight to Align Asset Management Stakeholders by Terry Wireman

Chapter 18: Standards-based Approaches to the Asset Management Process by Ramesh Gulati

Bibliography and Resources by Terrence O’Hanlon

Books on Asset Management

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