ISO/PAS 55 and ASTM
E53 Standards – Sample
Comparisons
June 2010
James M. Dieter, CPPM CF MIAM
Sunflower Systems, Director of Strategic Programs
NPMA Executive Board Member
Member, Institute of Asset Management
ASTM E53 Executive Committee Member
ANSI Delegate to PC251
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Topics
 ASTM E53 Standards compared to:
• ISO/WD XXX0: Asset management — Overview,
principles and terminology
• ISO/WD XXX1: Asset management – Requirements
• ISO/WD XXX2: Asset management – Guidelines on
the application of ISO XXX1
ISO/WD XXX0 and ASTM E53
 ISO/WD XXX0: General
 ASTM E2135 Standard Terminology for
Property and Asset Management
 ASTM E2279 Standard Practice for
Establishing the Guiding Principles of
Property Management
 ASTM E2675 Standard Practice for Property
Management System Outcomes
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ISO/WD XXX0 and ASTM E53
 ISO/WD XXXO: 2.4.6 Types of assets
• ―This International Standard is focused primarily on
the management of physical assets,…‖
 ASTM E2279 Standard Practice for Establishing
the Guiding Principles of Property Management
• ―The intent of this practice is to provide property
management guidance for tangible personal
property; however, many of the principles
appropriately apply to other types of property.
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ISO/WD XXX0 and ASTM E53
 ISO/WD XXXO: 3.0 Definitions
• ―3.1 asset(s) - plant, machinery, property, buildings,
vehicles and other items that have a distinct value
to the organization‖
 ASTM E2135 Standard Terminology for Property
and Asset Management
• ―asset—(1) anything owned having monetary value;
(2) tangible or intangible items owned by an entity
that have probable economic benefits that can be
obtained or controlled by the entity.
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ISO/WD XXX0 and ASTM E53
 ISO/WD XXXO: 3.0 Definitions
• 3.10 ―asset management system - organization’s asset
management policy, asset management strategy, asset
management objectives, asset management plan(s) and the
activities, processes and organizational structures necessary
for their development, implementation and continual
improvement‖
 ASTM E2135 - Standard Terminology for Property
and Asset Management
• ―property management system—a subset of existing
organizational processes related to the lifecycle management
of property. These processes represent sound practice and
are compliant with applicable standards, policies, regulations,
and contractual requirements.‖
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ISO/WD XXX0 and ASTM E53
 ISO/WD XXXO: 2.5 The Plan-Do-Check-Act (PDCA)
methodology
 ASTM
• No Explicit counterpart documented in E53
Standards
 Note: Most E53 members have experience
with ISO 9000/9001
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ISO/WD XXX1 and ASTM E53
 ISO/WD XXX1: General
 ASTM E2135 Standard Terminology for
Property and Asset Management
 ASTM E2279 Standard Practice for
Establishing the Guiding Principles of
Property Management
 ASTM E2675 Standard Practice for Property
Management System Outcomes
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ISO/WD XXX1 and ASTM E53
 ISO/WD XXX1: Introduction
• ―It is important to note that the requirements of this
International Standard are prescriptive only to the
extent that they define what has to be done, not
how to do it.”
 ASTM E53 Standards cover:
• What has to be done
• How to do it
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ISO/WD XXX1 and ASTM E53
 ISO/WD XXX1: 4.4.3 Training, awareness and
competence
 ASTM E2379 Standard Practice for Property
Management for Career Development and Training
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ISO/WD XXX1 and ASTM E53
 ISO/WD XXX1: 4.4.7 Risk management
 ASTM WK19308 (Work Item) Risk Assessments of
Asset Management Systems
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ISO/WD XXX1 and ASTM E53
 ISO/WD XXX1: 4.6 Performance assessment and
improvement
 ASTM E2452 Standard Practice for Equipment
Management Process Maturity (EMPM) Model
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ISO/WD XXX2 and ASTM E53
 ISO/WD XXX2: This document covers the
application of ISO/WD XXX1, thus the cross
references are generally the same as for that
document
 ASTM E2452 Standard Practice for Equipment
Management Process Maturity (EMPM) Model
 ASTM E2495 Standard Practice for Prioritizing
Asset Resources for Acquisition, Utilization, and
Disposition
 ASTM E2453 Standard Practice for Determining the
Life-Cycle Cost of Ownership of Personal Property
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Closing Thoughts
 ASTM has significant history and proven product
regarding Asset Management
 It is wonderful to now see international interest in
Asset Management.
 There is an apparent absence of significant
divergence of philosophies or practices
 The opportunity exists through cooperation and
normative referencing to leverage existing state of
the art from multiple sources to produce the best
possible product
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ISO/PAS55 and ASTM
Standards
Q&A
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ISO/PAS55 and ASTM
Standards
Thank you!
Jim Dieter
[email protected]
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