Publications

Third Edition NEW!

The ISO standard ISO 55000 Asset Management was first published in January 2014, with its latest version released in June 2024. This standard explains the purpose and application of asset management in organisations. It has attracted significant interest from asset owners, regulators, and certification bodies, reflecting a global desire to enhance organisational value through effective management of both tangible and intangible assets. 

NEW!

The digital transformation (referred to by the acronym DX) landscape in maintenance and asset management is evolving at a rapid pace and bringing forth a multitude of opportunities such as reducing Opex, increasing the consistency of asset performance, reducing timeframes, making parts procurement easier, improving user experience, increasing asset resilience and creating better IT systems.

Third Edition - NEW!

Available in: English, French, Portuguese, Japanese, Mandarin, Croatian, Slovenian, Portuguese-Brasil, Arabic  Coming Soon in: Spanish

During the fourth quarter of 2023, the Global Forum on Maintenance and Asset Management (GFMAM) harnessed its diverse and extensive network of member societies to conduct an initial survey on the state of Asset Management across the globe. The survey's results, presented in this report, provide a summary of trends and maturity levels in different regions.

This first report serves as a foundational overview, setting the stage for future surveys that will delve deeper, seeking more granular insights and understanding of the evolving dynamics within the Asset Management sector.

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 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.

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. 

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.  

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.

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 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 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 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.