The following figure shows the relationship between the key elements of an asset management system (PDCA cycle), together with the related clauses in ISO 55001.
NOTE 1 Only the primary connections are shown to avoid over complexity.
NOTE 2 This does not aim to repeat the distinction between asset management and an asset management
system: it is a connections view showing directions of influence.
NOTE 3 The grey highlighted box designates the boundary of the asset management system.