NEW DELHI: The Delhi Metro Rail Corporation (DMRC) has become the first metro organisation in India to receive the latest ISO 55001:2024 certification for its Asset Management System for Mumbai Metro Line-3, marking a shift towards strategic, risk-based and lifecycle-oriented asset management.
The certification provides a globally recognised framework for managing assets throughout their lifecycle and enables organisations to balance asset performance, operational risks and lifecycle costs, the DMRC said in a statement on Sunday.
The achievement marks a move from conventional maintenance practices towards a system focused on managing the performance, risk, cost and long-term value of assets in line with organisational objectives, it said. The DMRC achieved the certification after strengthening its asset management framework.
This included enhancing its Strategic Asset Management Plan, aligning asset management objectives with organisational priorities, strengthening risk assessment and lifecycle controls, and conducting training and capacity-building programmes for personnel. The system is continuously monitored through key performance indicators, audits and management reviews, according to the DMRC.
The DMRC is responsible for the operations and maintenance of the 33.5-km Mumbai Metro Line-3 corridor, connecting Colaba, Bandra and SEEPZ. Its responsibilities include the safe, reliable management of critical assets such as rolling stock, traction, signalling, telecommunications, stations, lifts, escalators, tracks and civil infrastructure.
The ISO 55001:2024 certification further strengthens the DMRC’s focus on safety, reliability and sustainability by integrating these objectives into a globally benchmarked asset management system.
Recognised framework
The certification provides a globally recognised framework for managing assets throughout their lifecycle& enables organisations to balance asset performance, operational risks and lifecycle costs, the DMRC said on Sunday.