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ISO 55000: Benefits of the Asset Management Standard

February 21, 2019 | 10:00 am CST

More and more organizations are following or gaining certification to the ISO 55000 asset management standard to maximize the management of their assets. Benefits include better management of risk, the break down of organizational silos with increased alignment around asset lifecycle management, structured training and retention of key skills, and effective prioritization of investment documentation of key processes and procedures. 

Our upcoming webinar will provide a comprehensive overview of ISO 55000, including the positive impact on your business, insights to align with its guidance, and the path to certification.

What We Cover:

  • Basic understanding of the ISO 55000 standard and its benefits
  • Industry examples detailing specific organizational benefits received
  • Path forward for practice alignment or certification



Rheal Caron

Rheal Caron has 30 years of experience working in the Utilities and Independent Power Producer (IPP) industry. His experience includes due diligence for plant acquisitions and divestitures, major maintenance outages, alignment of acquired assets with corporate procedures, risk management, project management and NERC compliance. Caron had held the roles of Power Plant Manager, Director of Operations, Director of Asset Management and more recently, Director of Power Advisory. He has worked as a Project Manager to implement an ISO 55000 based Asset Management Program and works closely with ABS Group ISO 55000 auditors.

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 industrial manufacturing, oil, gas and chemical, alternative energy, marine, offshore and public sectors, among others. Headquartered in Houston, Texas, ABS Group operates with more than 1,300 professionals in over 30 countries. ABS Group is a subsidiary of ABS, a leading marine and offshore classification society.

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