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These documents have been produced by the GFMAM for free distribution and not for resale. Use of content from these documents is encouraged as long as it is properly credited to the GFMAM.

Asset Management Landscape

The Asset Management Landscape is a tool designed for the member societies as a tool for their own use to promote a common global approach to Asset Management.  It includes a number of conceptual models, a list of 39 Asset Management Subjects and Principles and a framework for describing best practices, maturity and standards.  Two important purposes for the GFMAM Asset Management Landscape are to provide:

  • the structure for building a body of knowledge and qualifications in asset management,
  • the structure (and potentially the criteria) for assessing an organization.

Panorama de la gestion d'actifs

Le Panorama de la gestion d'actifs est une initiative du GFMAM axée sur son troisième objectif à long terme, à savoir, « faciliter l’échange et l’harmonisation des connaissances et des savoir-faire en matière de maintenance et de gestion d'actifs. » 

Les divers éléments couverts par la seconde édition du Panorama de la gestion d'actifs du GFMAM, sont : 

  • fournir un aperçu général de cette nouvelle discipline, « la gestion d'actifs » 
  • fournir une structure permettant de constituer un corpus de savoirs destiné aux systèmes de certification et de qualification en gestion d'actifs 
  • proposer un moyen de comparer et de confronter différents systèmes de certification et qualification 
  • fournir une structure (et peut-être les critères) permettant d’évaluer la maturité d’un organisme en termes de gestion d'actifs 
  • donner les informations sur les besoins de connaissances en gestion d'actifs pour les auditeurs (internes / externes) de l’ISO 55000 
  • comparer les produits et services émanant des différents membres du GFMAM en relation avec les 39 thèmes retenus, ci-après au § 6, pour décrire cette discipline.

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Auditor Assessor Specification for an ISO 55001 Asset Management System Auditor/Assessor - Second Edition

Now in its Second Edition, this document recommends baseline requirements for the Asset Management knowledge and understanding that an ISO assessor or auditor should have.  GFMAM members will be recommending to asset owners that they apply55001  this specification for internal assessors and require any external auditors to provide demonstrable evidence of this knowledge and understanding.

Asset Management Maturity - A Position Statement - Second Edition - English

The Global Forum on Maintenance & Asset Management (GFMAM) has recognized that, with accelerating interest in Asset Management and adoption of the ISO55000 standards, some organizations (and people) would value more guidance on Asset Management Maturity. 

This Position Statement is intended to be a high-level statement only, that sets out the principles and characteristics associated with Asset Management Maturity and does not describe the detail. It replaces the first edition, published in 2015. 

It should be read in conjunction with the other two documents on Asset Management Maturity published at the same time: the Specification for an Asset Management Maturity Assessor and the Guidelines for Assessing Asset Management Maturity

The relationship between these documents is shown below. The related documents, "Specification..." and "Guidelines..." can be found later on this page.

Relationship between 3 Maturity Documents. Position statement at top.

The Maintenance Framework - Second Edition - English

The purpose of the Maintenance Framework is to develop and promote a common understanding of the role and value of maintenance, and how it contributes to the delivery of business outcomes. Going into more detail than, and beyond the subject of Maintenance Delivery from the Asset Management Landscape, the Maintenance Framework provides information on:

  • The discipline of maintenance and its management, including its role in asset management at all stages of asset life;
  • Maintenance principles, subjects, and terminology; and
  • Relevant international standards.

The Maintenance Framework also establishes the foundation for competencies in maintenance and its management, and the ability to benchmark maintenance practices.

This second edition, which expands in detail and clarity in several areas, represents the Global Forum’s commitment to continuous improvement for its members and the global maintenance and asset management community. 

The Value of Asset Management

The project is well under way with a major achievement being the development of a Value Model as a conceptual model of value creation from asset management. The Value Model and the definitions of concepts were thoroughly discussed, reviewed and improved by the project group, other members of GFMAM and of the member societies. The main content of the project document are finalized, but still open for further review for quality improvements.

The Value of Asset Management - Template for Assessment of Opportunities

The purpose of this document is to provide a template for evaluation of new asset management opportunities with focus on the potential for realization of value to the organization.

The template for application is an integral part of GFMAM project ‘The Value of Asset Management to the Organization’. Information on background, project scope, definitions and methodology refers to this document.

The Value of Asset Management - Template for Case Studies

The purpose of this document is to provide a template for case studies to illustrate the actual realization of value for organizations who have accomplished asset management implementations.

The template for case studies is an integral part of GFMAM project ‘The Value of Asset Management to the Organization’. Information on background, project scope, definitions and methodology refers to this document.

Guidelines for Assessing Asset Management Maturity

The Global Forum on Maintenance & Asset Management (GFMAM) has recognised that, with accelerating interest in Asset Management and adoption of the ISO55000 standards, some organisations (and people) would value more guidance on Asset Management Maturity.  

This document provides Guidelines for Assessing Asset Management Maturity in a reliable and repeatable manner. 

It should be read in conjunction with the other two documents on Asset Management Maturity published at the same time: the Position Statement on Asset Management Maturity and the Specification for an Asset Management Maturity Assessor

Specification for an Asset Management Maturity Assessor

The Global Forum on Maintenance & Asset Management (GFMAM) has recognized that, with accelerating interest in Asset Management and adoption of the ISO55000 standards, some organizations (and people) would value more guidance on Asset Management Maturity.  

This Specification outlines the appropriate knowledge, experience and capabilities required by a person in order to approach the subtle and complex task of assessing Asset Management Maturity in an organization. 

It should be read in conjunction with the other two documents on Asset Management Maturity published at the same time: the Position Statement on Asset Management Maturity and the Guidelines for Assessing Asset Management Maturity

Criteria for Evaluating Asset Management Indicators

Indicators are valued highly by managers to measure the progress and completion of action plans in any discipline. Organizations and business schools insist on the need to use dashboards, based on the adage that says, ‘you cannot manage what you cannot measure’. In addition, with the digitization of information, monitoring tools and systems have made possible (and increased demand for) ever more metrics and indicators.

This document reports how we identified a methodology for validating whether an indicator is relevant and specific to Asset Management. This methodology considers the 39 Subjects of Asset Management (reference: The Asset Management Landscape - Second Edition, GFMAM) as well as the 9 Benefits of Asset Management highlighted in ISO55000 (ISO 55000: 2014 Asset management - Overview, principles and terminology, pages 1-2).

The outcome of this work is a validation model to assess the performance of indicators proposed to measure Asset Management actions and projects.

A related follow-on GFMAM project to develop an online tool for Asset Management professionals to evaluate their indicators according to the validation model is now available. Link to access the tool is here:  Tool for Evaluating Asset Management Indicators

GFMAM Guidance for an Asset Management System Scheme for Accredited Certification to ISO 55001

This document is intended as a reference to be used by Accreditation Bodies (AB) for ISO 55001.

Accreditation Schemes are nominally developed and administered by individual Accreditation Bodies though they may collectively agree to utilise or mandate common Schemes.

Mandated Schemes currently exist for ISO 9001 and ISO 14001, but not ISO 55001. The original version of this document was created by the Asset Management Council in collaboration with JAS-ANZ, the Australian/New Zealand Accreditation Body, and in consultation with other professional organizations and Accreditation Bodies.

The GFMAM is grateful to the Asset Management Council who has contributed this work. The aim is to provide a reference Accreditation Scheme document which may be of interest to Accreditation Bodies around the world in pursuit of a common, global scheme.