ISO 55001
International standard for asset management systems
ISO 28000
International standard for supply chain security management systems
Quick Verdict
ISO 55001 establishes asset management systems for lifecycle value optimization in asset-heavy industries, while ISO 28000 builds supply chain security systems to mitigate threats and disruptions. Organizations adopt them for governance, compliance, and performance in specialized domains.
ISO 55001
ISO 55001:2024 Asset management systems requirements
Key Features
- Requires Strategic Asset Management Plan (SAMP)
- Annex SL structure for management system integration
- PDCA cycle for continual asset improvement
- Formal decision-making framework for assets (2024)
- Balances risks, opportunities, costs, and performance
ISO 28000
ISO 28000:2022 Security management systems Requirements
Key Features
- Risk-based supply chain threat assessment
- PDCA cycle for continual security improvement
- Integration with ISO 31000 and HLS standards
- Supplier interdependency and external controls
- Leadership-driven policy and performance evaluation
Detailed Analysis
A comprehensive look at the specific requirements, scope, and impact of each standard.
ISO 55001 Details
What It Is
ISO 55001:2024 is an international certification standard specifying requirements for an Asset Management System (AMS). It enables organizations to realize value from assets across lifecycles, using a risk-based, PDCA management system approach aligned with Annex SL.
Key Components
- Clauses 4-10 cover context, leadership, planning, support, operation, evaluation, improvement.
- 72 "shall" requirements, including SAMP, decision-making framework, risk/opportunity actions.
- Built on ISO 55000 terminology; supports certification via audits.
Why Organizations Use It
- Optimizes asset performance, costs, risks in asset-intensive sectors.
- Meets regulatory/contractual needs; builds stakeholder trust.
- Drives resilience, efficiency; integrates with ISO 9001/14001.
Implementation Overview
- Phased: gap analysis, SAMP development, training, audits.
- Applies to all sizes/industries; 12-24 months typical; optional third-party certification.
ISO 28000 Details
What It Is
ISO 28000:2022 is an international standard specifying requirements for a security management system (SMS) focused on supply chain security. It adopts a risk-based PDCA (Plan-Do-Check-Act) approach to manage threats like theft, sabotage, and disruptions.
Key Components
- Clauses 4-10: context, leadership, planning, support, operation, evaluation, improvement
- Risk assessment aligned with ISO 31000
- Principles for holistic security including suppliers
- Certification model via ISO 28003-accredited bodies
Why Organizations Use It
- Reduces supply chain risks and incidents
- Meets contractual, regulatory, insurance needs
- Enables market access and trade facilitation
- Builds stakeholder trust and resilience
Implementation Overview
- Phased: gap analysis, risk treatment, controls, audits
- Scalable for all sizes/sectors (logistics, manufacturing)
- Involves training, documentation, internal audits
- Optional third-party certification (Stage 1/2)
Key Differences
| Aspect | ISO 55001 | ISO 28000 |
|---|---|---|
| Scope | Asset lifecycle management systems | Supply chain security management |
| Industry | Asset-intensive sectors globally | Supply chain organizations worldwide |
| Nature | Voluntary management system certification | Voluntary security management certification |
| Testing | Internal audits, management reviews | Risk assessments, internal audits |
| Penalties | Loss of certification, no legal fines | Loss of certification, no legal fines |
Scope
Industry
Nature
Testing
Penalties
Frequently Asked Questions
Common questions about ISO 55001 and ISO 28000
ISO 55001 FAQ
ISO 28000 FAQ
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