Publicly Available Specification 55 is presently with the IEC in the ISO 5500n series of standards. The resulting standards will be similar to the ISO 9000 or 14000 series that have been widely adopted. PAS 55 addresses Asset Management. Unfortunately, for the automation industry the program is targeted more towards the financial sector and is not expected to go “as low” as the ERP and control system diagnostics.
More information on the status of this work can be found at http://www.mt-online.com/component/content/article/295-june2011/1800-the-business-case-for-pas-55-an-emerging-global-standard-for-asset-management.html?Itemid=90 but in general the standard is based on whole-life asset management and the widely used Plan-Do-Check-Act (PDCA) cycle for continuous improvement.Tthe components of the PDCA cycle are:
Plan. Establish the asset-management strategy, objective, plans and performance measures needed to deliver results.
Do. Establish the enablers (e.g., EAM software) and other essential requirements—such as regulatory requirements—and implement the asset-management plan(s).
Check. Monitor and measure results.
Act. Take actions to ensure objectives are achieved and to continuously improve performance.
Sorry for not posting for an extended period, a combination of vacation and work related travel. I will get back to a regular schedule in September.