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5 Reasons to Incorporate ISO 55000 into Your Asset Management Strategy and 5 Things You Can Implement Now (EGY874N)

Presented by: Tamar J. Cerafici
(*) Single User Price. For multiple users please call 1-844-384-4744
Pre Recorded Webinar
60 minutes
Event Description

How to Incorporate ISO 55000 into an Effective Asset Management Strategy for Your Organization

Deepwater Horizon, Fukushima, the Texas City Refinery Explosion, and countless other expensive environmental disasters, all have one thing in common: organizations utterly failed to assess risks from out-of-date equipment, bad design, and use of poor quality components. With increasing globalization, a company’s strategies for maintaining its infrastructure will increasingly rely on international standards.

In 2014, the International Standards Organization (ISO) released ISO 55000, an auditable system for accurately assessing key variables in a company’s asset management plan. In the intervening years, the standard is becoming the benchmark against which a company’s performance is evaluated. The standard is rapidly becoming the preferred evaluation point for regulators and investors alike.

ISO 55000 is rapidly outstripping its predecessors as the most popular standard of all time. It is the gold standard against which companies are measured for their ability to forecast and manage liabilities and identify opportunities. Like any other ISO measure, certification under ISO 55000 is strictly voluntary. But like its predecessors (ISO 9000 and ISO 14000), it’s rapidly becoming the best way to do business – all while looking really good for your investors. Don’t miss this valuable opportunity to incorporate ISO 55000 into your management strategy!

But how can you implement ISO 55000? What is it? Do you have some of the infrastructure already in place for an effective asset management strategy? Join seasoned environmental attorney Tamar Cerafici in this session where she will answer these questions and will discuss how you can implement ISO 55000 in your asset management strategy. You will receive a list of resources for developing your own compliant asset management plan. The new standard comes at a time when energy companies must be even more mindful of how their capital is allocated, where to invest limited capital, and how to justify these decisions to shareholders and the C-Suite. This session will help you understand how this new standard affects your bottom line.

Session Objectives

This session will discuss:

  • History of asset management and development of ISO 55000
  • Seven questions you must ask before implementing it
  • Reasons to implement a compliant asset management plan
  • Case studies detailing applications in the energy sector
  • Elements of a compliant asset management plan
  • Future opportunities and risks

Session Highlights

This session will help you answer important questions, such as:

  • What are the “must do” items in a compliant asset management plan?
  • How does the standard fit into my existing O&M strategy?
  • Should I even bother complying?
  • How can I use the standard most effectively at my company?
  • To certify or not to certify?
  • What do I need in my plan?

Who Should Attend

  • Asset managers
  • Energy sector consultants
  • Environmental compliance professionals
  • ES&H managers
  • Professionals employed in:
    • Electrical, gas & water utilities 
    • Manufacturing
    • Processing
    • Mining
    • Oil & Gas
    • Municipalities
About Our Speaker(s)

Tamar J. Cerafici | Environmental Laws SpeakerTamar J. Cerafici
Since the early 1990s, Tamar Cerafici has been helping the regulated community understand how complex environmental laws affect their bottom line. She’s worked with government agencies, small businesses and utilities, bridging the often wide gap between the way regulation is enforced and how – with creative plannin... More info

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    Event Title: 5 Reasons to Incorporate ISO 55000 into Your Asset Management Strategy and 5 Things You Can Implement Now
    Presenter(s): Tamar J. Cerafici

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