The International Organization for Standardization (ISO) 55000 family is the first comprehensive set of International Standards dedicated to Asset Management.

They provide a detailed overview of the principles, terminology, and key concepts of Asset Management and Asset Management Systems, to offer a unified framework that organizations can adopt to optimize the value derived from their assets.

These standards identify best practices and processes that can be applied to a wide range of physical, financial, and intangible assets across various industries, countries, and cultures. By addressing the lifecycle of assets, from acquisition and operation to maintenance and disposal, the ISO 55000 standards serve as the foundation for achieving effective and sustainable asset management strategies.

Additionally, it establishes the context and foundational knowledge necessary for the successful implementation of ISO 55001, which specifies the requirements for an Asset Management System, and ISO 55002, which provides guidelines for the application of ISO 55001. Together, this family of standards empowers organizations to align asset management with their strategic goals, enhance decision-making, and improve operational efficiency.