ISO 55000 Asset Management

Optimize Asset Performance, Reduce Lifecycle Costs, and Strengthen Governance with ISO 55000 Compliance

Global Quality Services (GQS) helps organizations in the Philippines build world-class asset management systems aligned with the ISO 55000 asset management. Our consultants work with asset-intensive industries to improve reliability, reduce operational risks, extend asset life, and achieve measurable ROI through structured asset governance.

Whether you manage utilities, transport networks, manufacturing operations, real estate, or public infrastructure, ISO 55000 certification enables clear decision-making and long-term value creation across the asset lifecycle.

Why ISO 55000 Matters for Philippine Organizations

ISO 55000 certification has become a strategic requirement across sectors where asset performance directly impacts financial results, customer experience, and regulatory expectations. Implementing this standard helps organizations:

  • Strengthen asset governance and decision-making

  • Improve reliability, uptime, and utilization

  • Reduce operational and maintenance costs

  • Extend asset lifespan and control capital expenditure

  • Build risk-aware asset strategies aligned with organizational goals

  • Ensure transparency and compliance for audits, investors, and regulators

Our ISO 55000 asset management Consulting Services

1. Gap Assessment & Current State Review

A structured evaluation of your existing asset practices against ISO 55001 requirements. We identify gaps, prioritize risks, and define a clear roadmap toward certification.

2. Asset Management Framework Development

We help design a complete, ISO-aligned Asset Management System (AMS), covering:

  • Asset lifecycle planning

  • Risk-based asset decision processes

  • Performance indicators and governance structures

  • Roles, responsibilities, and accountability models

3. Asset Register & Criticality Analysis

Creation or enhancement of a centralized asset register with criticality scoring, failure modes, cost impacts, and risk assessments.

4. Policy, Procedures & Documentation

We develop fully compliant documentation including:

  • Asset Management Policy

  • Strategic Asset Management Plan (SAMP)

  • Operational plans, SOPs, and lifecycle procedures

  • Risk management and performance evaluation templates

5. Training & Competency Development

Onsite and virtual training for leadership, asset owners, maintenance teams, and internal auditors to build ISO 55000 knowledge and operational alignment.

6. Implementation Support

Hands-on guidance to operationalize asset strategies, improve data quality, integrate technology, and align departments across the asset lifecycle.

7. Internal Audit & Certification Preparation

We conduct mock audits and readiness reviews to ensure full compliance before your external ISO 55001 certification audit.

Industries We Serve in the Philippines

Asset-intensive organizations operate under increasing pressure to control costs, maintain uptime, and comply with regulatory expectations. GQS supports companies across the Philippines in building ISO 55000 asset management systems that deliver measurable operational improvements and long-term value.

Power & Utilities

Electricity, water, and energy providers handle high-value assets where failures directly impact public safety and service reliability. We help utilities strengthen asset governance, optimize maintenance cycles, and support long-term planning for transformers, distribution networks, generation facilities, and critical infrastructure.

Oil & Gas, Petrochemical & LNG

This sector requires precision in asset performance, safety, and compliance. GQS assists companies in establishing risk-based maintenance strategies, improving asset integrity programs, and ensuring consistent lifecycle management for pipelines, storage facilities, and processing plants.

Ports, Airports & Transport Networks

Transportation authorities require efficient asset systems that support smooth operations and avoid costly disruptions. We help implement ISO 55000 frameworks for runways, port equipment, fleets, railway assets, signaling systems, and ground-support equipment to ensure reliability and safety.

Water Services & Wastewater Management

Public water utilities benefit from structured asset registers, clearer prioritization, and risk-driven maintenance. GQS provides frameworks that help allocate budgets effectively, limit service interruptions, and plan capital expenditure more efficiently.

Manufacturing & Industrial Plants

Unplanned equipment downtime affects production schedules and profitability. We support manufacturers with process-aligned asset strategies, performance KPIs, predictive-maintenance readiness, and lifecycle planning to reduce operational waste and extend machinery life.

Real Estate, Property & Facility Management

Large building portfolios require structured management of HVAC systems, lifts, fire-safety assets, electrical infrastructure, and general facilities. GQS helps organizations create unified asset registers, centralized maintenance schedules, and better contract/vendor controls.

Telecommunications

Telecom operators manage complex networks including data centers, towers, fiber assets, and switching systems. We help unify asset planning, improve availability metrics, and reduce failures through structured governance and lifecycle frameworks.

Government, Public Sector & LGUs

Local and national agencies managing roads, bridges, schools, hospitals, and public utilities benefit greatly from ISO 55000. We help public-sector entities demonstrate transparency, improve service levels, justify budgets, and implement sustainable asset programs aligned with national priorities.

What Sets GQS Apart

Global Quality Services combines global expertise with strong local execution. We understand both the technical side of ISO 55000 asset management and the operational realities companies face in the Philippines.

Global Expertise, Local Insight

Our consultants apply international best practices while considering regulatory requirements, climate conditions, local supply chains, and operational maturity across Philippine organizations.

End-to-End Implementation — Not Just Documentation

GQS develops systems that work in practice, not just on paper. We help organizations adopt daily routines, governance structures, and maintenance processes that make ISO 55000 truly operational.

Risk-Based and ROI-Focused Approach

Every recommendation is tied to value: reduced downtime, lower maintenance cost, better lifecycle planning, and improved decision quality.

Strong Technical Depth

Our consultants have hands-on experience with reliability engineering, maintenance planning, asset risk modeling, and performance measurement — not just auditing.

Sustainable, Scalable Systems

We design asset management systems that grow with the organization and integrate with existing tools such as CMMS, EAM, SCADA, ERP, and digital asset-monitoring platforms.

Benefits of Implementing ISO 55000 with GQS

ISO 55000 delivers tangible improvements across operational, financial, and governance areas. By partnering with GQS, organizations gain:

Reduced Lifecycle Costs

A structured asset management plan helps companies make smarter investment decisions, delay premature replacements, and extend asset life.

Improved Reliability & Uptime

Through optimized maintenance strategies and better asset visibility, organizations reduce unplanned outages and improve performance.

Enhanced Risk Management

ISO 55000 ensures asset decisions are aligned with risk appetite, safety priorities, and regulatory expectations.

Better Budgeting & Capital Allocation

Clear asset condition data supports long-term planning, CAPEX forecasting, and resource prioritization.

Greater Transparency & Audit Compliance

The standard requires documentation, roles, KPIs, and governance structures that strengthen internal controls and external audit readiness.

Boosted Stakeholder Confidence

Customers, investors, regulators, and the public gain stronger assurance that assets are managed responsibly and sustainably.

Our ISO 55001 Implementation Roadmap

GQS follows a structured, phased approach to help organizations transition from current practices to a fully compliant, certifiable Asset Management System (AMS).

1. Project Kickoff & Scope Definition

We align leadership, clarify boundaries, and establish key objectives and performance expectations.

2. Gap Assessment & Maturity Evaluation

A detailed comparison of your current asset processes—planning, budgeting, maintenance, risk management—against ISO 55001.

3. Asset Management System (AMS) Framework Design

We co-develop the required structure including policies, SAMP, asset strategies, risk criteria, decision models, and KPIs.

4. Asset Register Development & Data Quality Improvement

We help standardize asset data, assign criticality rankings, and improve the completeness and reliability of asset information.

5. Documentation & Process Creation

Includes workflows, SOPs, governance rules, decision frameworks, performance dashboards, and continuous improvement mechanisms.

6. Training & Capability Building

Customized training for leadership, engineers, maintenance personnel, and internal auditors to ensure operational alignment.

7. Implementation Support

GQS works closely with teams to embed ISO 55000 requirements into daily operations, maintenance planning, budgeting, and reporting.

8. Internal Audit & Corrective Actions

We conduct internal audits simulating certification conditions and guide teams in closing gaps.

9. Certification Coordination

Support through auditor selection, documentation submission, interview readiness, and certification-day preparation.

Get ISO 55001 Certified with Confidence

GQS ensures that Philippine organizations adopt an asset management system that is practical, sustainable, and capable of delivering long-term value. Whether you are beginning your asset management journey or strengthening your existing program, we provide the technical and strategic support needed to achieve ISO 55001 certification efficiently.

Ready to optimize asset performance and build a world-class system aligned with ISO 55000? Contact Global Quality Services (GQS) today to schedule a consultation and start your certification journey in the Philippines.

Frequently Asked Questions (FAQ)

1. What is ISO 55000 and why is it important for organizations in the Philippines?

ISO 55000 is an international framework that guides organizations in managing physical assets across their full lifecycle. For Philippine companies, it strengthens reliability, reduces costs, supports regulatory compliance, and builds systematic asset governance—essential for utilities, transport, manufacturing, and government infrastructure.

2. How long does it take to implement ISO 55001 certification?

Implementation timelines vary depending on asset complexity, organizational size, and data readiness. Most organizations in the Philippines achieve certification within 4 to 8 months. GQS provides a structured roadmap to accelerate development, training, documentation, and audit preparation.

3. What types of assets are covered under ISO 55000?

ISO 55000 applies to all asset categories, including equipment, infrastructure, facilities, fleet, networks, buildings, and even intangible assets such as information or intellectual property. The standard is scalable and can be applied to both public and private entities.

4. Does ISO 55000 help reduce operational and maintenance costs?

Yes. By improving asset visibility, condition assessment, and risk-based decision-making, organizations typically see reductions in unplanned downtime, maintenance inefficiencies, and avoidable capital expenditure. ISO 55000 delivers measurable ROI through better lifecycle planning.

5. Can GQS help with both implementation and certification support?

Absolutely. GQS provides end-to-end consulting—from gap assessment and system development to training, implementation, internal audits, and full certification preparation. We ensure your Asset Management System is practical, compliant, and ready for external audit.