Management Through Leadership Our Websites
Lean Expertise
TPMonLine PapaKaizen
Evento Kaizén CMMS
New Ways for Management


We have the right Consultants for Your Needs
Choose among Hundreds of Subjects
Feel Free to Use Them Anywhere
TPM and its Evolution into TPR
Implementation Step by Step
Improvement can be achieved One Step at a Time
Lean Manufacturing is the American version of the Toyota Production System
Faster more secure Administrative Processes
Medical Facilities can also benefit from the Lean Culture
Change Management and Management Change
Don´t Waste time looking for your tools
Knowledge comes from Information
A Wise Man who was born and lived ahead of his time
From the Car Races to Your Plant
Assessment and Audit for Continuous Improvement
We can take advantage of their experience
Avoid costly recurrence of problems
Other Sites Ours and our Competitors
Our easy to follow methods for Kaizen, TPM, etcetera
Your Book Store and More
For Technicians and Professionals
International Color Code is Optional
Japan - Korea - China - Other Asian Countries
We always answer your comments and questions...





  PAS-55 The New Standard to Optimize Critical Assets' Performance

Traducir al Español

This is the new standard of asset management. It originated in Great Britain in 2008 in a joint effort of the Institute of Asset Management and the British Standards Institute (BSI).

PAS-55 Fundamental purpose:

To Systematically Reduce the Failure Risk of the Critical Assets through the Application of Optimal Practices.

(PAS: Publicly Available Specification)
Having been initially created to give assurance of services in the generation and distribution of electricity in Great Britain, PAS-55is becoming the international standard of quality in the maintenance of assets. In America, IBM has been a pioneer of these optimization principles with its Asset Management Center of Excellence for two decades now.

PAS-55 establishes the Criteria to improve the Maintenance procedures that will render a higher reliability on the Critical Assets that Companies require in order to perform at their best according to their mission and needs.

For example: The power companies analyzed which components in their Generation and Distribution processes were critical to provide the service. Then they focused on the root cause of each historical failure. This allowed them to bring the attention of the whole organization and engaged all their members to implement the Optimal Practices in their hands and knowledge that would prevent those root causes.

In a few lines: PAS-55 is about establishing what are the Optimal Practices that are applicable in each Case covering throughout their life cycle, from its inception until their disposal, of the Assets of the Company:

Real estate: buildings,  offices, plants, workshops, warehouses

Production Equipment

Vehicles and Mobile Machinery


Intelligence and Information Technologies

PAS-55 defines that it is not only about the Maintenance of Assets.
PAS-55 goes beyond.
PAS-55 involves establishing a corporate culture where each Member of the company has clear awareness of reputation, public image and responsibility in the social impact of the company.

PAS-55  In the financial aspect:

Life cycle cost
Investment criteria
Cost of operation

PAS-55 In the human aspect:

All staff motivation
Skills in constant development
Shared accountabilities
Leadership and strength of human teams across the Organization

This implies to also comply with ISO-9001 (International Standardization Organization), and OSHA (OHSAS-18001) standards, in terms of health and personal safety.

In fact this is not only about "Best practices" but about the "Best of Practices, or Optimal Practices." Not only: How can you improve it? But: What is the best thing you can do?

Recently it has become more obvious the fact that "Assets Management" is a matter of growing importance. This is the result of the rapid evolution of these assets. Every day we have more complex machines and equipment, smarter processes, more up-to-date buildings to serve these needs, and a labor force (at all levels), which is under pressure from all these factors. The incidence of matters relating to the assets brought to discussion on the management boards is growing. There is greater awareness than ever before about the vital importance of preserving assets in optimal condition for as long as possible and at the lowest possible cost. There are already several World-Class companies which have in their caucus a CAO - Chief Asset Officer. The developers of EAM-Enterprise Asset Management systems are already in the process of implementing and incorporating this new standard.
The result of all this effort has been already measured in two fundamental aspects for all businesses:

Reduction of Costs, and Products-Services' Improvement.

Aside of the regulatory side of PAS-55 which will keep advancing as a requirement to do business Worldwide, there are some positive side effects of its Implementation:
When avoiding the risk of vital equipment failure,  this obviously extends the life of these assets and reduces their  costs of maintenance and operation.

This in turn allows companies to deliver a better product or service to their customers. Often the price of their products and services can be reduced proportionally which in turn will reach a wider market. (The market expands by 20% for each 10% price reduction).

Assurance of PAS - 55

Obviously there are certain prerequisites for the implementation and maintenance of this Standard:

Achieve best practices in Asset Management
Develop a complete map and integrated database to create a strategy of actions aligned with the General Strategy of the Organization.
Taking into account real life cycles of each asset and management processes.
Change the concept of active life and replacement from  "time-based" to " risk-based management."
Define a complete co-responsibility at all levels of the organization.
Establish a platform or Knowledge-Center about assets.
Ensure that this culture permeates to all corners of the company.
Verify that everyone in the organization understands the purpose and methods.

PAS-55in the Future…

There is no doubt that this standard will continue to evolve, what gives us the opportunity to keep the knowledge of the system in constant progress.
The behavior of all members of the company aligned in the right direction will allow that applied practices become better every day.



We can help you create that important group or “Task Force” among your own team.
Click here to Send me an email…


If you find our free information useful, just imagine how much your operation will improve when we can work together
one on one!

Custom Search





OUtsource Smart

Enrique Mora
Hands On Training
Total Productive Maintenance and All Lean Strategies
We Help YOU make a Difference

Take Action Now!

Subscribe to our FREE TPMonLine NewsLetter
Powered by



Links to:
Articles Menu

This page last updated on

26 August, 2011 10:38









File # Hit Counter