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 1 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 3 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. 4 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. 5 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.‖ 6 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 7 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 8 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 9 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 10 ISO/WD XXX1 and ASTM E53 ISO/WD XXX1: 4.4.7 Risk management ASTM WK19308 (Work Item) Risk Assessments of Asset Management Systems 11 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 12 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 13 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 14 ISO/PAS55 and ASTM Standards Q&A 15 ISO/PAS55 and ASTM Standards Thank you! Jim Dieter [email protected] 16
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