The Rail Safety and Standards Board Podcast

Asset Integrity - A systems management approach to deliver value

June 15, 2023 RSSB Season 1 Episode 60
The Rail Safety and Standards Board Podcast
Asset Integrity - A systems management approach to deliver value
Show Notes

Are you getting the best value from your assets? Could your asset management approach be improved? In this episode we look at ISO 55001 as a possible framework for better asset management.

00:53  Asset management in today’s economic context

01:59  What to include in an asset management approach

02:15  Which framework to use for asset management

03:23  What’s in ISO 55001

04:25  The what to do, not how to do it

04:48  Understanding the context of your own organisation

05:40  Why a rail organisation would want to adopt ISO 55001

06:40  Selecting the standards that work for your organisation

07:54  Allocating and prioritising the right resources to your plan

09:03  Finding the right (external) resources to implement your plan

10:22  Is this the right thing for your organisation? Do you have the data to answer the question?

11:50  Some examples of the ROI from implementing ISO 55001

12:50  Use ISO 55001 as a tool; it’s not the answer

13:30  Summary and close

 

You may be interested in

Getting started with ISO 55001 https://www.bsigroup.com/en-GB/Asset-Management/Getting-started-with-ISO-55001/ 

Introducing ISO 55001 Maximizing the value of your assets– PDF download (1.2 MB) https://www.bsigroup.com/LocalFiles/en-GB/iso-55001/resources/ISO-55001-Client-Guide.pdf 

ISO 55001 supports UN Sustainable Development Goals 6, 7, 8, 9, 11, 12, and 13. https://www.iso.org/sdgs.html