ESS Ltd. announce today their recognition by the Institute of Asset Management as an ‘Endorsed Assessor’ of the Publicly Available Specification for Asset Management (PAS-55).
ESS Ltd. is pleased to announce its endorsement by the Institute of Asset Management (IAM) (www.theiam.org) to assess organisations interested in aligning to PAS-55 or achieving PAS-55 certification. This endorsement recognises ESS Ltd.’s extensive experience in Asset Reliability and Equipment Performance Management.
“This new capability further enhances our ongoing commitment to our customers to provide processes and practices that will assist them in reaching the highest levels of excellence in asset management” noted Ray O’Neill, Managing Director at ESS Ltd . “With more and more scrutiny being placed on companies to manage their assets in a safe & environmentally responsible way, the need for standards and policies around asset integrity and performance are more important than ever before. Delivering these types of assessments will provide our clients a means to accurately identify significant gaps in their organization and ensure technical alignment to sustainable asset management.”
The PAS-55 assessment is applicable to Asset Intensive Organisations that are just starting to develop an Asset Management Strategy as well as Organisations that are at a medium to high maturity level and are committed to the full implementation and certification of PAS-55. ESS Ltd. is among the first group of companies to be endorsed by the Institute of Asset Management worldwide and is the only Irish company to receive this endorsement.
PAS-55, is the British Standards Institution’s (BSI) first Publicly Available Specification (PAS) for the optimized management of physical assets. PAS-55 is the recognised international specification that provides the framework for achieving sustainable, full life cycle asset management. The management of physical assets (their acquisition, operation, maintenance and disposal) plays a key role in determining the operational performance and profitability of industries that operate assets as part of their core business. Aligning to the framework of PAS-55 will enable your organisation to obtain bottom line results in optimised performance, process compliance and responsible asset care. The assessment process will allow you to measure your current organizational readiness and build a strategy for world class asset management.
