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ISO 55000 Asset Management: The New Business Revolution

May 21, 2020 | Starts at 10:00 am CDT

ISO 55000 The New Business Revolution

Over the past decade, business has transformed in the way that organizations employ traditional methods to a more asset centric approach. In response to this transformation, the International Organization for Standards (ISO) published the ISO 55000 Asset Management standard which reflects how organizations are moving toward an asset management basis.

In this webinar you will learn how the principle of ISO 55000, when applied, is changing the way organizations look at business and how the management of assets can help your organization reduce risk and achieve its management goals.

What We Cover

  • Overview and objectives of ISO 55000 Asset Management Standard
  • Internal and external benefits to good asset management
  • Process to Implement ISO 55000 

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Rheal Caron - Director, GenesisSolutions

Rheal Caron has more than 30 years of experience building and managing power plants as a power industry professional. He has performed due diligence on more than 100 power plants for acquisitions and provided Independent Engineering (IE) services for power plant due diligence. He also has performed ISO 55000 and enterprise asset management (EAM) gap analyses for several large power companies and has helped clients with ISO 55000 physical asset management implementation for the power industry. In addition, Rheal has developed procedures, processes and controls for ISO 55001, 55002 and PASS 55; performed Project Management for implementation of an Asset Management System based on ISO 55000 standard; and performed EAM assessments for organizations, including in the Pharmaceutical industry.

About ABS Group

ABS Group of Companies, Inc. (, through its operating subsidiaries, provides technical advisory and certification services to support the safety and reliability of high-performance assets and operations in the oil, gas and chemical, power generation, marine, offshore and government sectors, among others. Headquartered in Houston, Texas, ABS Group operates with more than 1,000 professionals globally. ABS Group is a subsidiary of ABS (, a leading marine and offshore classification society.

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