Abstract
AbstractThe main proposition of the ISO 550xx series of standards is that any organization that intensively deploys engineered assets should implement a ‘management system for asset management’. As human impact on earth’s geology and ecosystems transcend the era of Society 5.0 powered by fourth industrial revolution technologies, curiously, the composite ISO 550xx series of standards are tantalizingly applied for auditing and certification in engineering asset management. What does it really mean to audit and certify on the basis of the ISO 550xx series of standards? The discourse in this paper uses empirical evidence from two case studies to examine the conundrum of auditing and certification according to the ISO 550xx series of asset management standards.
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