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Tag: Life cycle management

ISO 55000: Changing the Conversation

Friday, May 6th, 2016

Panel:

Nicholas Fioravante
David Reynolds, CFM, FMP

Overview:

“ISO 55000: Changing the Conversation”

Nicholas Fioravante has worked with mechanical/HVAC, electrical, fire protection, and structural and environmental systems, components, and issues, evaluating facility upgrades for technical and financial performance. He has addressed operations and maintenance in a wide range of facilities. He is presently with Sodexo, as Senior Director in North America Technical Support.

He came to adopt and promote a view of managing facilities and equipment as performing assets. Recently, the International Organization for Standardization, ISO, released ISO 55000, a management framework for physical assets, which integrates considerations of cost, performance and risk throughout the asset life cycle. Acquiring and maintaining facilities and equipment in an ISO 55000 milieu focuses the FM on optimizing the yield of the asset for the entire life cycle. This has particular influence in managing facility performance and maintenance.