Asset Management

IES is a no-nonsense engineering consultancy that helps organizations implement asset management. Since January 2023, we have been part of AMCL, the world’s largest consultancy specialized in asset management. We are sengineers, who believe in the power of people behind the technology. That is our approach. And with that approach and our experience, we enable asset management to contribute structurally to business results.


Asset management is a governance framework for optimizing the performance of physical assets throughout their entire life cycle. From design and construction to operations, maintenance, and disposal of, for example, public transportation, cranes, production lines, and bridges.

It involves finding the right balance between costs, performance and risks. And at the same time, taking into account laws and regulations, stakeholder requirements, and achieving business objectives. Proper implementation of asset management contributes structurally to improving business results. In other words, asset management could be defined as the core business of organizations that have significant physical assets.

Asset management processes and best practices are documented in the international ISO 55000 series. With our knowledge and experience of these best practices, we help implement asset management in a way that best suits your organization.



Starting from the context of the organization, its needs and maturity level, we can help you align your organization. We make sure that your asset management objectives are in line with your organizational goals and create a customized asset management system, including all necessary components. A well-designed asset management system is a success factor for making well-informed investment decisions in assets and generating value with the asset portfolio. These decisions must be based on solid grounds with regard to performance, costs and risks, taking into account various scenarios and the entire lifespan of the assets. This requires decision-making based on a risk assessment of the organization’s company values, within a well-defined framework and linked asset management roles (governance). You want to make solid and well-founded decisions. Understanding asset risks, the impact of maintenance measures on these risks and on operations, and the reliability and asset health (considering their entire lifespan) is crucial.


By implementing a cohesive framework that incorporates risk-based maintenance, data analysis, and asset health indicators, you can establish a sustainable model and approach for managing and controlling risks. This enables you to gain greater control over risks and make more informed decisions. Together, we can develop a framework that promotes well-founded asset management decision-making and governance within your organization, which ultimately leads to more considered investment decisions.


We provide two types of audits – asset management audits (ISO 55001 GAP analysis) and process audits – that can serve as valuable tools for managing and overseeing your organization. An asset management audit allows you to gain insight in the maturity level of your asset management and identify areas for improvement, which can be addressed through an improvement plan or roadmap. In some cases, you may require more specific insights into the performance of a particular aspect of your asset management system, the justification for an asset investment plan, or the performance of a service provider. This is where a process audit can be useful.


Providing training and development for your employees helps them understand the rationale for implementing or improving asset management and provides a clear explanation of asset management principles within the context of your organization. By doing so, you can establish a shared understanding that starts with using common language and definitions. Additionally, this helps individuals gain insight into the specific roles and responsibilities in asset management, leading to greater clarity and cohesion within the organization. Indeed, training and development are integral components of implementing asset management.