{"id":766,"date":"2018-03-15T04:41:00","date_gmt":"2018-03-15T01:41:00","guid":{"rendered":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/iso-55001-course\/"},"modified":"2018-03-15T15:58:27","modified_gmt":"2018-03-15T12:58:27","slug":"iso-55001-risk-based-asset-management","status":"publish","type":"page","link":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/services\/service-management\/iso-55001-risk-based-asset-management\/","title":{"rendered":"ISO 55001 &#8211; Risk Based Asset Management"},"content":{"rendered":"<!--[fluid]--><!--{content}-->    <!--[section]-->\n\t\t<style>\n.bd-section-265462381{\n\ttext-align:  center;\n}\n<\/style>\t\t<section id=section33 class=\" bd-section-265462381 bd-page-width  bd-tagstyles\" data-section-title=\"Section\">\n\t\t\t<div class=\"bd-container-inner bd-margins clearfix\">\n\t\t\t\t<!--{content}-->\n\t\t\t\t\t    <!--[image_scaling]-->\n        <style>\n.bd-imagescaling-2139435305.bd-imagescaling-img, .bd-imagescaling-2139435305 .bd-imagescaling-img{background-position:center center;background-repeat:no-repeat;background-size:cover;}<\/style>        <!--{content}-->\n            <!--[image]--><style>\n.additional-class-1414632247{width:100%;}<\/style><img src=\"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-content\/uploads\/2017\/11\/iso-55001.jpg\" alt=\"ISO 55001,Risk Based Asset Management, Service Management\" class=\" additional-class-1414632247 bd-imagestyles bd-own-margins bd-imagescaling  bd-imagescaling-2139435305 \"><!--{content}--><!--{\/content}--><!--[\/image]-->        <!--{\/content}-->\n    <!--[\/image_scaling]-->\n\t\t\t\t<!--{\/content}-->\n\t\t\t<\/div>\n\t\t<\/section>\n\t<!--[\/section]-->\n<!--{\/content}--><!--[\/fluid]-->\n    <!--[section]-->\n\t\t\t\t<section id=section5 class=\" bd-section-871074820  bd-tagstyles\" data-section-title=\"\">\n\t\t\t<div class=\"bd-container-inner bd-margins clearfix\">\n\t\t\t\t<!--{content}-->\n\t\t\t\t\t    <!--[columns]-->\n        <style>\n.bd-layoutcontainer-348085816 > .bd-container-inner > .container-fluid > .row{height:100%;margin:0px;}\n.bd-layoutcontainer-348085816 > .bd-container-inner > .container-fluid > .row > div{padding:0px;}\n.bd-layoutcontainer-348085816  > .bd-container-inner > .container-fluid:after{display:none;}<\/style><style>\n.bd-layoutcontainer-348085816 > .bd-container-inner > .container-fluid, .bd-layoutcontainer-348085816 > .bd-container-inner > .container-fluid > .row{height:100%;}<\/style><style>.bd-layoutcontainer-348085816 > .bd-container-inner > .container-fluid {padding-left: 0; padding-right: 0;}<\/style>        <style>\n.bd-layoutcolumn-855768855{background-color:#ffffff;min-height:250px;-webkit-box-shadow:0px 20px 100px 0 rgba(0, 0, 0, 0.33);-o-box-shadow:0px 20px 100px 0 rgba(0, 0, 0, 0.33);-ms-box-shadow:0px 20px 100px 0 rgba(0, 0, 0, 0.33);-moz-box-shadow:0px 20px 100px 0 rgba(0, 0, 0, 0.33);box-shadow:0px 20px 100px 0 rgba(0, 0, 0, 0.33);margin:-4em 2em 2em;padding:2em;border-radius:20px;}\n@media (max-width: 767px) {.bd-layoutcolumn-855768855{margin:-2em 1em 2em;}}\n.bd-layoutcolumn-855768855{\n\ttext-align:  justify;\n}\n<\/style>        <div class=\" bd-layoutcontainer-348085816  bd-columns bd-no-margins\">\n            <div class=\"bd-container-inner\">\n                <div class=\"container-fluid\">\n                    <div class=\"row bd-row-flex bd-row-align-middle\">\n                        <!--{content}-->\n                                <!--[column]-->\n        <div class=\"col-lg-12 bd-columnwrapper-855768855\">\n            <div class=\"bd-column  bd-layoutcolumn-855768855  bd-no-margins\">\n                <div class=\"bd-vertical-align-wrapper\">\n                    <!--{content}-->\n                        <!--[html]--><style>\n.additional-class-1738405547{padding-right:1em;padding-left:1em;}<\/style><style><\/style><div class=\"bd-tagstyles  additional-class-1738405547 \"><div class=\"bd-container-inner bd-content-element\"><!--{content}--><h1>ISO 55001 - Risk Based Asset Management<\/h1>\r\n<h5 style=\"text-align:center\"><b>Service Management<\/b><\/h5>\r\n\r\n<p>Organization in Energy, Oil, Manufacturing and Development sectors are asset intensive. Their operations depends heavily upon the top-notch performance of their assets. Therefore, these organizations struggle continuously to optimize their assets' performance. During their operations they also face like aging of assets, comply with safety and regularity, be always environment friendly, adopt emerging technologies and other challenges associated with asset ownership and operations. There is also a constant challenge of reducing costs, keep the budget small and increase the revenue. All these factors assigns a overwhelming task to Asset Managers to allocate their budget in most optimal way.<\/p>\r\n\r\n<p><b>Risk Based Asset Management (RBAM) - ISO 55001<\/b> has proven to be effective for asset-intensive systems by using risk to balance the operational performance of the assets against the asset life-cycle cost. Risk Based Management System (RBMS) collects relevant information and use that information to take fiscally responsible decisions.<\/p>\r\n<h3>Critical Phases of ISO 55001<\/h3>\r\n<ul>\r\n<li>Classify<\/li>\r\n<li>Analyze<\/li>\r\n<li>Control<\/li>\r\n<li>Measure<\/li>\r\n<\/ul>\r\n<p>Like Quality Management, a risk based asset management is about identifying, mitigating and eliminating risks.<\/p><!--{\/content}--><\/div><\/div><!--[\/html]-->\r\n\t\r\n\t\t<!--[image]--><style>\n.additional-class-175278375{width:100%;}<\/style><img src=\"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-content\/uploads\/2017\/03\/4d16a9d8eb9a71da4c9cc1592d4fd98d_riskbasedassetmanagementmodal-2.jpg\" alt=\"ISO 55001,Risk Based Asset Management, Service Management\" class=\" additional-class-175278375   bd-imagestyles bd-own-margins\"><!--{content}--><!--{\/content}--><!--[\/image]-->                    <!--{\/content}-->\n                <\/div>\n            <\/div>\n        <\/div>\n    <!--[\/column]-->\n                        <!--{\/content}-->\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <!--[\/columns]-->\n\t\t\t\t<!--{\/content}-->\n\t\t\t<\/div>\n\t\t<\/section>\n\t<!--[\/section]-->\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":1702,"parent":1168,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-json\/wp\/v2\/pages\/766"}],"collection":[{"href":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-json\/wp\/v2\/comments?post=766"}],"version-history":[{"count":0,"href":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-json\/wp\/v2\/pages\/766\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-json\/wp\/v2\/pages\/1168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-json\/wp\/v2\/media\/1702"}],"wp:attachment":[{"href":"https:\/\/qaaftech.com\/demos\/cesiuminternational\/wp-json\/wp\/v2\/media?parent=766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}