Externally provided processes
Processes, products, technologies and services obtained from outside the organisation that affect the achievement of its asset management objectives.
Clause 8.3 of ISO 55001 was titled Outsourcing in the 2014 edition. The 2024 second edition renames it externally provided processes, products, technologies and services, and the widening is deliberate.
Reading the four nouns is the point. Processes covers the classic case. Products and technologies pull in arrangements procurement treats as purchases rather than delegations: platforms, embedded analytics, proprietary control systems, condition monitoring services and data feeds.
Sources
ISO 55001:2024, Clause 8.3, externally provided processes, products, technologies and services, renamed and widened from Outsourcing in the 2014 edition. PMBOK Guide, Eighth Edition, November 2025, which expands its coverage of procurement.
Read the sources
- ISO 55001:2024, asset management system requirementsAbstract and contents free; the requirement text is sold.
Belongs to
Delivery & Controls
Argued in full
You can place the activity outside. You cannot place the accountability there