2013 NPMA Fall Conference Value Through Professional Asset Management ISO 55000: First Steps Jim...
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Transcript of 2013 NPMA Fall Conference Value Through Professional Asset Management ISO 55000: First Steps Jim...
2013 NPMA Fall ConferenceValue Through Professional Asset Management
ISO 55000: First Steps
Jim Dieter. MIAM, CPPM CFNovember 13, 2013
2013 NPMA Fall ConferenceValue Through Professional Asset Management
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• “ISO 55000: First Steps” scheduled for Wednesday, November 13 from 3:45-4:45 pm
• The enormous promise of ISO 55000 is heading our way. What steps can you take today to be ready to leverage this once in a lifetime opportunity?
The Topic
2013 NPMA Fall ConferenceValue Through Professional Asset Management
The Best News First
You are already doing Asset Management better than the rest of the world
98+% accuracy is beyond the most aggressive goals of organizations around the world
Familiarity with compliance and an audit environment
2013 NPMA Fall ConferenceValue Through Professional Asset Management
The Best News First
Documented policies and procedures
That are being followed!
Historical transaction data
Say it, do it, prove it.
2013 NPMA Fall ConferenceValue Through Professional Asset Management
Enterprise Asset Management
Centralized, system level approach
Excellent Asset Management registries
Established systems for Asset Management
A record of success
2013 NPMA Fall ConferenceValue Through Professional Asset Management
The Asset Management Lifecycle
ISO 55000 is strategic level document
Lifecycle is the bottom level concept
Current NPMA/FAR/AIA/ASTM E53 lifecycle guidance will connect your current operations to ISO 55000 strategic concepts
2013 NPMA Fall ConferenceValue Through Professional Asset Management
An Asset Management Plan
The Asset Management Plan defines the asset management system
The Asset Management Plan is a critical building block
FAR required plans are a great starting point for ISO 55000 planning
2013 NPMA Fall ConferenceValue Through Professional Asset Management
The Stretch
If you’ve done all of that – congratulations!
Perhaps typical of excellent compliance systems managed by NPMA members
What more will be required for ISO 55000?
2013 NPMA Fall ConferenceValue Through Professional Asset Management
Understand the Standard
Several sessions at this conference and other NPMA webinars and events
Available to NPMA members for informational and comment purposes
Available for sale as of January 15, 2013
2013 NPMA Fall ConferenceValue Through Professional Asset Management
Banner Only?
Is the organizational goal:
• To Fly the banner?
• To realize additional benefits?
2013 NPMA Fall ConferenceValue Through Professional Asset Management
Where Does Asset Management Fit in Your Organization?
Is there top management awareness of Asset Management?
Does your Asset Management Plan tie to organizational mission and objectives?
ISO 55000 is an opportunity to enhance top management awareness
2013 NPMA Fall ConferenceValue Through Professional Asset Management
ISO 55000 – Overview, Principles and Terminology
This is a marketing document
Use it as such
Benefits
Fundamentals
2013 NPMA Fall ConferenceValue Through Professional Asset Management
Value
• Asset – item, thing or entity that has potential or actual value to an organization
• Asset Management - coordinated activity of an organization to realize value from assets
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2013 NPMA Fall ConferenceValue Through Professional Asset Management
Value• Asset – item, thing or entity that has potential or
actual value to an organization
• Asset Management - coordinated activity of an
organization to realize value from
assets
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2013 NPMA Fall ConferenceValue Through Professional Asset Management
Organizational Mission
What is the mission of your organization?
How does Asset Management support the mission of your organization?
Can you articulate the contribution of Asset Management to the success of the organization in achieving its mission?
2013 NPMA Fall ConferenceValue Through Professional Asset Management
Organizational Strategic Plan
Are you familiar with your organization’s strategic plan?
Can you find Asset Management in your organization’s strategic plan?
If not, why not?
2013 NPMA Fall ConferenceValue Through Professional Asset Management
Strategic Asset Management Plan
The SAMP connects organizational objectives to Asset Management objectives
Asset Management objectives drive the Asset Management Plan
The Asset Management Plan defines the asset management system
2013 NPMA Fall ConferenceValue Through Professional Asset Management
Assess Current Status
An informal review by Asset Management expert(s) is a great starting point
Begin to understand the order of magnitude of the scope of the effort
2013 NPMA Fall ConferenceValue Through Professional Asset Management
The Delta
Close in on what needs to be done
Build the business case
Project planning
Change management
2013 NPMA Fall ConferenceValue Through Professional Asset Management
Get Involved
Through the NPMA
Through social media
Through industry associations
Through the Asset Leadership Network
2013 NPMA Fall ConferenceValue Through Professional Asset Management
There Is a Lot We Can Learn
Value
Scope
Upper Management Support
Using the Information