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Asset Management
BSi PAS 55 is a specification which defines best practice asset management throughout the lifecycle of an asset. It is increasingly being adopted by companies in South East Asia and China as a model for improving their asset management systems, We are currently on the committee working to convert BSi PAS 55 into an internationally recognised standard ISO550000 by 2014.

BSi PAS 55 is a unified approach that brings together all the different and diverse areas of your organisation under a common set of guidelines, facilitating more efficient and more cost-effective asset management. EA Technology can provide step-by-step practical help that will enable you to implement it cost-effectively. This will provide your business with:

  • Greater formalisation of asset management plans
  • Stronger links between plans and targets
  • Clearer information for executives and asset managers
  • Improved visibility of asset management issues

How does PAS 55 work?

BSi PAS 55 defines what the 28 aspects of best practice asset management are, from lifecycle strategy to everyday maintenance (cost/risk/performance). It covers all aspects of the asset life, from initial design, through acquisition, construction and commissioning, to utilisation and operation, maintenance, renewal and modification, to the ultimate disposal at end of life.

PAS 55 part 1 provides a checklist of what needs to be in place, while part 2 offers extensive guidance and illustrations of how to achieve these requirements.

By defining the terms used in asset management, PAS 55 also provides a common language for different teams and specialties and provides the framework for understanding how individual parts of the process fit together, and how the many mutual interests and agendas can be integrated and optimised.

Why choose EA Technology for PAS 55?

At EA Technology, we understand that PAS 55 offers more than just a written standard; it also delivers real, tangible benefits across your organisation. Our PAS 55 implementation service aims to deliver more than just compliance, and we will only recommend implementation if we can clearly demonstrate how it will work for your organisation and the benefits it will deliver.

EA Technology offers unrivalled experience and understanding of PAS 55. We played an integral part in the establishment of the standard, including developing the methodology used to assess compliance, and we have been working with the principles worldwide for over eight years, both in the electricity sector and across industry.

For more details please contact: 0800 028 7243 or email sales@eatechnology.com

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