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An asset management plan (AMP) is a tactical plan for managing an organisation's infrastructure and other assets to deliver an agreed standard of service. Typically, an asset management plan will cover more than a single asset, taking a system approach - especially where a number of assets are co-dependent and are required to work together to deliver an agreed standard of service.
The basic premise of infrastructure asset management is to intervene at strategic points in an asset's normal life cycle to extend the expected service life, and thereby maintain its performance. Typically, a long-life-cycle asset requires multiple intervention points including a combination of repair and maintenance activities and even overall ...
Asset Integrity Management Systems (AIMS) outline the ability of an asset to perform its required function effectively and efficiently whilst protecting health, safety and the environment and the means of ensuring that the people, systems, processes, and resources that deliver integrity are in place, in use and will perform when required over the whole life-cycle of the asset.
ISO/TS 55010: Guidance on alignment of asset management, finance and accounting (published in September 2019, see below) ISO 55011: Guidance on the development of government asset management policy (targeted for 2021) ISO 55002:2018. In November 2018 a revised and expanded version ISO 55002:2018 was released. [7]
Integrity Management Plan (part of an asset integrity management system) is a documented and systematic approach to ensure the long-term integrity of an asset or assets. [ 1 ] Integrity management planning is a process for assessing and mitigating risks in an effort to reduce both the likelihood and consequences of incidents.
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets).
Enterprise asset management (EAM) involves the management of the maintenance of physical assets of an organization throughout each asset's lifecycle. EAM is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information. [1]
Data center asset management (also referred to as inventory management) [22] is the set of business practices that join financial, contractual and inventory functions to support life cycle management and strategic decision making for the IT environment. Assets include all elements of software and hardware that are found in the business ...
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