Ask-Your-Mates (FAQ)


By FLEET e-news posted 20-04-2022 12:25


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Question onAsset Management Policies, Procedures guidance for Fleet and Construction Equipment

I need some guidance in identifying the standards, best practices, and performance KPIs for a Heavy Equipment Rental organization. I understand the ISO 55K standards are applicable for all sectors which are involved in management of Physical assets. However, I need some guidelines specific for the industry which I can reference and tailor to prepare their Policies, SAMP, and associated plans. Besides, I am also looking for guidance around what would be the typical KPIs / Measures for a similar organization to be factored.

Any guidelines / help would be appreciated. Looking forward for your response. Please let me know in case I should coordinate with someone outside the discussion panel here. Thanks, and Regards.

Gul Istan, Jubail, Saudi Arabia


Hi Gul The IPWEA Plant and Vehicle Management Manual Ed4 lists a range of Fleet Asset, Fleet Management and Fleet Maintenance KPI's both in the introductory section and at Chapter 13. This may be of use in establishing KPIs for your business.

Rob Wilson, Director IPWEA FLEET


Thanks Rob, really appreciate your guidance

Gul Istan, Jubail, Saudi Arabia


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