5.2 Asset Management Assessment
Once the appropriate framework for assessment has been determined, the assessment can be planned and conducted. It is important to recognise that the assessment process is a useful tool in ongoing asset management improvement planning and contributes to the development of the asset management culture in an organisation.
This importance is reflected in ISO 55001:2014 with reference to:
- internal audit – Clause 9.2.
- management review shall consider the audit results – Clause 9.3.
Refer also to Clause 5.5.4 of IAM (2014a) for further guidance.