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Nicholas Anthony John Hastings

Physical Asset Management: With an Introduction to the ISO 55000 Series of Standards

Physical Asset Management: With an Introduction to the ISO 55000 Series of Standards

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  • More about Physical Asset Management: With an Introduction to the ISO 55000 Series of Standards


This book provides a comprehensive and up-to-date approach to the management of physical assets, covering all stages of the asset management process, from initial business appraisal to disposal and renewal. It is written for practitioners and students in asset management and is closely related to the ISO55000 international asset management standard series.

Format: Hardback
Length: 635 pages
Publication date: 13 January 2021
Publisher: Springer Nature Switzerland AG


This comprehensive book offers a systematic approach to the effective management of physical assets, spanning from their conceptualization to their disposal. Building upon its predecessors and incorporating the latest international standards, ISO55002 and ISO/TS50010, it provides a thorough exploration of the field. It introduces the fundamental principles of physical asset management and delves into every stage of the asset management process, encompassing initial business appraisal, identification of physical asset needs, capability gap analysis, financial evaluation, logistic support analysis, life cycle costing, strategic asset management planning, maintenance strategy, outsourcing, cost-benefit analysis, disposal, and renewal.

Key features of this book include:

Serving as a textbook for asset management courses at the university level, closely aligning with the ISO55000 international asset management standard series.

Establishing a solid foundation for the development of physical asset management as a professional discipline.

Presenting case studies, analytical techniques, and numerical examples accompanied by comprehensive solutions, making it an invaluable resource for practitioners and students alike.

This book is particularly suited for advanced undergraduate and postgraduate courses in asset management, as well as serving as an essential reference text for engineers and managers specializing in asset management, reliability, maintenance, logistics, or systems engineering. By comprehensively covering the various aspects of physical asset management, this book equips readers with the knowledge and skills necessary to optimize the performance, reliability, and sustainability of physical assets in today's dynamic business environments.

Weight: 1122g
Dimension: 163 x 242 x 45 (mm)
ISBN-13: 9783030628352
Edition number: 3rd ed. 2021

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