ISO 55001 Certification - Swansystem

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ISO 55001 Certification

ISO 55001 certification isn't required by any regulatory or other body just yet but we can expect that will come in time. It is likely to happen in regulated industries and municipalities fairly soon but as disasters continue to strike and reveal asset management practices that were wanting, we can expect a call for some standards to be followed even in other industries.
One that comes to mind is railways. In North America we are increasingly shipping large volumes of highly flammable, volatile and toxic substances by rail. Pipeline construction is increasingly subjected to political meddling and seemingly endless reviews so trains are an alternative for bulk shipping. Recently there have been several very high profile derailments with fires and fatalities. In Canada the disaster at Lac Megantic is a prime example. To blame are arguably insufficient operatng practces, poor watch-keeping, parking on an incline leading into a populated area (with a curve in the line), lack of communicaton between the fire department and the train operator, carriage of a volatle substance that didn't behave as expected, lack of testng protocols, lack of regulaton covering the carriage of hazardous substances, poor labelling of what's in the cars, politcal finger pointng, criminal or near- criminal business decisions, declaring bankruptcy to get off the hook, inadequate insurance coverage, just plain greed and so on. That train had crossed about half of the contnent and arguably that same disaster could have happened anywhere along its route. Not long after Lac Megantc another derailment involving the same crude from the same field occurred in the US mid-west near Casselton, ND, in Jan 2014 another happened near Plaster Rock, New Brunswick and another in Mississippi. A recent study shows that train derailments typically spill more oil than pipeline ruptures. Perhaps ISO 55000 offers at least part of the soluton to this problem.
Bridges are getting old in North America. Several have collapsed and some with fatalites. We all know they deteriorate with age but we don't know when they will be weakened to the point of collapse. Money for upkeep is often cut because spending on maintenance isn't sexy and doesn't win votes. Money for new constructon - different story. But rebuilding all the bridges on the contnent is going to be expensive - it's not a viable opton for cash strapped, indebted governments with restve consttuents already feeling the double whammy of a bad economy and high taxes. Again, perhaps ISO 55000 can help at least with part of the problem.
Other areas where applicaton of good Asset Management can help include airports (most are horribly crowded and struggling to keep up with air travel volumes that were predicted years ago), roads in larger cites that can't handle the volumes of car traffic due to poor transport infrastructure planning (or lack of it). Integrated and mult-disciplined collaboraton can certainly help - of course the politcians will need to get out of the way too.
Even private industry can benefit. ISO 55000's aim of optmizing the value we get from our assets, doing it safely and in an environmentally friendly way has got to be consistent with what every company that uses physical assets wants to achieve. Why live with the contnuance of mediocrity in the face of stff competton from less expensive places to do business elsewhere in the world?
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