BS ISO 55002:2014

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BS ISO 55002:2014

Asset management. Management systems. Guidelines for the application of ISO 55001

Status : Current   Published : January 2014



Since its publication in 2004, PAS 55 has been an international success story. It is increasingly recognized as a generically applicable definition of good practices in the optimized management of physical assets.  

That’s why we’ve transformed it to become an international standard, which is available in three parts:

  • BS ISO 55000 provides critical overview, concepts and terminology
  • BS ISO 55001 specifies the requirements for an effective Asset Management System
  • BS ISO 55002 offers interpretation and guidance for such a system to be implemented.

BS ISO 55002 provides guidance for the application of an asset management system in accordance with the requirements of ISO 55001. 

Be a step ahead of everyone else

The standard seeks to:

  • Set asset management objectives and plans to achieve them;
  • Determine the scope of your organizations asset management system;
  • Address related risks and opportunities;
  • Help understanding the needs and expectations of stakeholders;
  • Achieve continual improvement through measurement, analysis and evaluation.

The document contains necessary explanatory text to clarify the requirements in BS ISO 55001 and offers examples to support its implementation.

A compilation of all three standards is also available.

Buy the compilation >

We’ve also published a free transition guide to help you transfer from PAS 55 to the new BS ISO 55000 series. This document has been specifically designed to ease the implementation of the latest international standards.

Download transition guide >


  1. Scope
  2. Normative references
  3. Terms and definitions
  4. Context of the organization
  5. Leadership
  6. Planning
  7. Support
  8. Operation
  9. Performance evaluation
  10. Improvement
  11. Annex A
  12. Annex B 
  13. Bibliography

Standard NumberBS ISO 55002:2014
TitleAsset management. Management systems. Guidelines for the application of ISO 55001
Publication Date31 January 2014
Cross ReferencesISO 55000:2014, ISO 55001:2014, ISO 9000, ISO 9001, ISO 9004, ISO 14001, ISO 14224, ISO 15663-1, ISO 15686-2, ISO 17359, ISO 19011, ISO 20815, ISO 21500, ISO 22301, ISO 31000, ISO 37500, ISO Guide 73, ISO/IEC 15288, ISO/IEC 19770-1, IEC 31010, IEC 60300-1, ASTM E2132, ASTM E 2279, ASTM E 2608, BSI PAS 55, NEN NTA 8120
International RelationshipsISO 55002:2014
Amended ByCorrigendum, March 2014.
Draft Superseded By12/30244972 DC
DescriptorsManagement, Assets, Management operations, Instructions for use
Title in FrenchGestion d’actifs. Systèmes de management. Lignes directrices relatives à l’application de l’ISO 55001
ISBN978 0 580 86468 1
File Size1.552 MB
NotesBased on PAS 55-2:2008

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