Capital planning through the lens of ISO 55000

This paper is addresses capital planning that will be created by top management who understand organizational objectives and who want to implement a systematic approach to improved asset management. Case studies of organizations that have used advanced asset management systems are provided for context. Pertinent sections of ISO 55000/1/2 are addressed. First steps are suggested. And, very importantly, the ability to align existing Capital Planning standards, regulations and requirements with the ISO 55000/1/2

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#assetmanagement   #ISO55000  # IAM #Assetfinance

San bruno case study – PG& E

This case study is an overview of the actions taken by PG&E to transform its Gas Operations and begin rebuilding its reputation following the explosion of a gas transmission line in San Bruno, CA (near San Francisco).
This incident is relevant because the actions taken and the lessons learned are applicable to all gas operations worldwide to ensure catastrophic preventable incidents like this do not occur in the future including ISO 55000 and Strategic Asset Management

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