What is good practice to be included in an asset management policy?
A.
A statement of commitment to comply with regulations, a commitment to continuous improvement, and principles guiding the development of the asset management strategy and objectives.
B.
A statement of commitment to comply with regulations, a commitment to continuous improvement, a detailed plan of the work for the following year.
C.
A statement of commitment to comply with regulations, a list of the top risks to the organisation, principles guiding the development of the asset management strategy and objectives.
D.
A statement of commitment to comply with regulations, budget for the next five years, a commitment to continuous improvement, principles guiding the development of the asset management strategy and objectives.
E.
A statement of commitment to comply with regulations, a commitment to continuous improvement, and the asset management strategy.
An effectiveAsset Management Policyoutlines the organization’s high-level intent and principles regarding asset management. It doesnot include specific budgetary or operational detailslike annual plans.
Exact Extract from ISO 55001:2014, Clause 5.2 – Asset Management Policy:
“Shall include a commitment to satisfy applicable legal requirements, continual improvement, and provide a framework for setting asset management objectives and strategy.”
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