Technical Standards & Legislation

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Version 1, February 2024

This SSG provides general guidance concerning Legislation and Technical Standards when applied to Asset Management. It is intended to assist Asset Management practitioners in establishing and maintaining appropriate processes to meet their legislative and regulatory obligations.

The scope includes documents that describe technical requirements that are to be applied within an organisation to its assets and to activities relating to assets. Organisations and industries often use their own terminology and definitions for documents that describe and achieve these controls.

Where organisations use a management system to deliver asset management (as described in ISO 55001), these documents will form part of the Asset Management System. Technical Standards and Legislation touches on all aspects of an asset’s lifecycle and this SSG considers lifecycle delivery as a central component of this document. This document assumes that most people who read this SSG will be people who have existing assets and are looking at ways to ensure that their organisation’s Asset Management activities are fully compliant with all relevant standards and legislation.