Asset Management Systems Scheme

Asset Management Systems Scheme

The scheme is based on ISO 55001:2014, Asset management – Management systems – Requirements. This standard specifies requirements for an asset management system within the context of an organisation. It can be applied to all types of assets and by all types and sizes of organisations. Assets can be anything from tangible and physical items such as rails, trains and vehicles to the more intangible such as the reputation of a company. All of these bring value to a company and need to be managed effectively to make the most of that value.

Applicant CABs will need to comply with Asset Management Systems Scheme (AMS Scheme) Requirements for bodies providing audit and certification of Asset Management Systems.

As a management systems scheme, applicants also need to comply with ISO/IEC 17021-1:2015 – Conformity Assessment – Requirements for bodies providing audit and certification of management systems - Part 1: Requirements; and ISO/IEC TS 17021-5:2013 – Part 5: Competence requirements for auditing and certification of asset management systems.


  • Enables organisations align their assets and management to meet organisational objectives and stakeholder needs and expectations.
  • Helps organisations improve knowledge of their assets and thus realize value from them.
  • Promotes asset management best practices and reinforces good asset management behaviours.

Scheme owner

International Organization for Standardization (ISO).

More information

An application pack, application form and other relevant material is not available on this site. These documents are available through our SharePoint portal. If you are a body that we currently accredit, you can access this information through the Share CAB Portal. If you are a new applicant, please complete an application enquiry form. Once this form is submitted, the Secretariat will provide you with a temporary username and password for the portal.  For other stakeholders please submit your inquiry through the online feedback form.