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ISO 55000 will up the ante for asset performance management

02.01.2014  |  Hollywood, Paula,  ARC Advisory Group, Dedham, MA

Keywords: [Insurance] [asset management] [ISO standar] [saftey] [environment]

Unless you have been living under a rock for the past few years, you should have heard about the upcoming ISO 55000 Asset Management Systems standard. How will this impact the hydrocarbon processing industry (HPI)? While the ARC Advisory Group does not anticipate immediate impact, we do encourage HPI companies and others to prepare for the trickle-down effect expected from regulatory bodies and insurance providers due to this formal international standard for managing assets.

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