04.2
The SAMP and the line back to organisational objectives
Can any asset management objective be traced upwards to an organisational objective, and downwards to something someone is doing this year?
What goes wrong without it
The strategic asset management plan is the document that makes asset management strategic rather than administrative, and it is the one most often produced to satisfy an assessor and then never referred to again. Where the line to organisational objectives is missing, maintenance budgets are set by last year plus a percentage, and no argument for investment can be made in terms the board recognises.
What to examine
- Trace one asset management objective up to an organisational objective and down to a funded activity. Breaks in this chain are usually at the top.
- Check the SAMP documents the role of the asset management system in meeting the objectives, which is what the clause asks for.
- Establish when it was last revised, and whether it changed anything.
- Confirm objectives are measurable and monitored, rather than aspirational statements.
Required by
- ISO 55001:2024, Clause 6.2.1, strategic asset management plan, given its own subclause in the second edition and listed by ISO among the main changes.
- ISO 55001:2024, Clause 6.2.2, asset management objectives, and 6.2.3, planning to achieve them.
- ISO 55011, guidance on the development of public policy to enable asset management.
Read the sources
- ISO 55001:2024, asset management system requirements2024 edition; read 2026-09-26.ISO’s product page: the publication details and ISO’s own summary of the standard, not the requirement text. The contents, foreword and introduction cited in this publication are taken from the standard’s preview pages hosted on the ANSI webstore, not from this page.
In the asset lifecycle method
The steps of the two methods that this domain examines.