Post sponsored by NewzEngine.com

Source: Hong Kong Information Services

The Water Supplies Department today announced it was awarded the International Organization for Standardization (ISO) 55001:2014 certification for asset management systems.

It is the first government department in Hong Kong to receive the certificate with a wide coverage of assets.

The department noted that implementing the ISO 55001 asset management system can take forward its initiative of enhancing various types of waterworks assets’ life cycle management systematically to suit its development strategy and lay the foundation for improving the performance of waterworks assets.

The department operates more than 460 waterworks installations to provide a reliable supply of wholesome potable water and flushing water to about 7.5 million people in Hong Kong every day.

It has, in accordance with the certification, formulated specific asset management policy and objectives, compiled asset management system manuals, established comprehensive asset management plans for nine types of waterworks assets, and set up mechanisms for continuous monitoring, review, improvement, corrective and preventive actions to further improve the asset management system.

Issued in 2014, ISO 55001 is an international standard that provides a practical asset management framework for various types of organisations to manage the life cycles of assets systematically so as to match the organisation’s sustainable development.

MIL OSI Asia Pacific News