TWPL has been deeply involved in the development of asset management standards and best practices for many years. Based on an unrivalled concentration of first-hand experience, and the multi-industry, multi-cultural involvement in implementing good practices in different regions around the world, TWPL is playing a unique part in the development of international consensus about what is needed to truly optimize whole life cycle asset value. We feed this experience into all of our training programmes, mentoring and consultancy services, so you can be assured of latest thinking and anticipation of possible future expectations.
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TWPL Knowledge and Experience
PAS 55 was for many years the reference standard for good practices in Asset Management – our Managing Director, John Woodhouse, was the Project Director who led its development on behalf of the Institute of Asset Management. The last iteration was published in 2008 which involved over 50 organisations from 15 industries in 10 countries.
Several TWPL Principal Consultants also contributed to PAS 55’s development and have been implementing, auditing and certifying against it in different industries around the world. TWPL sponsored the translation of PAS 55 into Spanish, in response to the interest in Latin America.
ISO PC251 Committee
John Woodhouse, TWPL’s CEO was appointed a UK Principal Expert to the ISO PC251 Committee, taking the PAS 55 requirements forward to a full International Standard, the ISO 55000 (published in January 2014).
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