Engineering Management

Monitoring and Assessing the Impact of Implementing ISO 55000 in an Educational Institute

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Lance Roy University of Johannesburgh

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ISO standards are getting an increasing attention from different organizations. However, the effects of using different standards on the organizational performance are still unclear. ISO 55000 standard aims to provide all the stakeholders with a better understanding of the asset management system in order to achieve excellence in managing assets. The aim of this study is to assess the impact of moving toward implementing ISO 55000 in an educational institute that has started preparing for implementing it. The process of this assessment started by identifying the key performance indicators (KPIs), shortlisting them and then performing meetings and interviews with experts to evaluate the KPIs based on the available data. It was found that ISO 55000 requirements started to positively enhance the facilities management and planning department and its performance; however, the lack of data and records availability prevented from obtaining a full picture about the impact of ISO 55000 requirements.

Published in 1st African International Conference on Industrial Engineering and Operations Management, Johannesburg, South Africa

Publisher IEOM Society International

Date of Conferences October 30–1, 2018

ISBN 978-1-5323-5947-7

ISSN/E-ISSN 2169-8767