Document Details
Name of Department/Committee : MSD 12
Document Number : MSD 12 ( 26490)
Document Title [English] : Asset management Asset management system Requirements
Document Title [Hindi] : परिसंपत्ति प्रबंधन - प्रबंधन प्रणाली - अपेक्षाएँ
Document Type : Revision
Language : English
Priority : 3
ICS Code : 03.100.01 03.100.70
Date of Project Approval : 19-06-2024
Standards to be Revised :
Sl.No. Is No & Year
1 IS/ISO 55001 : 2014
Standards to be Superseded :
Sl.No. Is No & Year
1 IS/ISO 55001 : 2014


Classification Details
Group : Management systems/services and corporate social responsibilities
Sub Group : Resource Management
Sub Sub Group : Asset Management
Aspects : Others
Risk : None
Certification : None
Short Commom Man's Title : Asset management
ITCHS Code :
Ministry :
Sustainable development Goals :
Degree of Equivalence : Identical under single numbering
Identical/Equivalent Standards : ISO 55001:2024
Organization Type: ISO

Sl.No. Synosis Points
1 This document specifies requirements for an asset management system.
2 This document is applicable to all types of assets and all types and sizes of organizations.
3 Consistent with the organization’s asset management policy, the intended results of an asset management system include:
4 — realized value from assets throughout their life for the organization and its stakeholders;
5 — achievement of asset management objectives and fulfilment of applicable requirements;
6 — continual improvement of asset management, the asset management system and the performance of assets.
7 This document does not specify financial, accounting nor technical requirements for managing specific asset types.
8 NOTE For the purposes of ISO 55000, this document and ISO 55002, the term “asset management system” is used to refer to a management system for asset management.

Timeline Details


S.No. P-Draft
Completion Date
WC-Draft
Completion Date
Final-Draft
Completion Date
Project
Completion Date(Gazette)
Entered By Entered On
1 03-09-2024 03-02-2025 18-04-2025 02-09-2025 Mr. KISHORE MANDAL 03-09-2024
Stages
Sl.
No.
Stage Date of Occurence Remarks Circulated to Files
1 Generation of Document Number 19-06-2024 -------
2 P-Draft 03-09-2024 Covering letter generated -------
3 P-Draft 03-09-2024 Duration : 30 Days MSD 12, MSD 12,  -------
4 Skipped to W-Draft 21-03-2025 Stage-Changed -------
5 WC Draft 21-03-2025 Duration : 30 Days
Submitted for HOD approval
-------
6 WC Draft 26-03-2025 WC rejected by HOD
Remarks: Pl make changes as discussed.
-------