ISO 55001 gap assessment and asset management system development for a major open-pit mining operation — covering the full asset management lifecycle from policy through to performance measurement.
The producer was facing increasing board-level scrutiny on asset management governance and lifecycle cost control. An ISO 55001 gap assessment was commissioned to establish a credible baseline and define the investment required to build a structured asset management system supporting the operation through its remaining mine life.
Optimal conducted the ISO 55001 gap assessment against all 39 standard requirements, scoring current practice at the process level. The assessment covered asset data, maintenance strategy, risk management, performance measurement, competency and organisational governance. A phased implementation plan was developed, prioritised by risk and value impact.
The producer used the gap assessment findings to secure board approval for an asset management improvement programme. The SAMP provided the framework for lifecycle cost planning through to mine closure, and the phased roadmap gave management a credible and costed path to ISO 55001 compliance.