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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.
Asset protection (sometimes also referred to as debtor-creditor law) is a set of legal techniques and a body of statutory and common law dealing with protecting assets of individuals and business entities from civil money judgments. The goal of asset protection planning is to insulate assets from claims of creditors without perjury or tax ...
COBie has been incorporated into software for planning, design, construction, commissioning, operations, maintenance, and asset management. COBie may take several approved formats include spreadsheet, STEP-Part 21 (also called IFC file format), and ifcXML. The current COBie test data of record was developed by an international team of designers ...
Enabling an effective handover of information from design and construction (including via IFC or COBie) can thus yield benefits to the facility owner or operator. [47] BIM-related processes relating to longer-term asset management are also covered in ISO-19650 Part 3. [30] For example, a building owner may find evidence of a water leak in a ...
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).
The most important part of the CIP lifecycle is Phase 1. Because it is crucial to target the right assets for infrastructure protection, determining these assets is the first phase in the CIP life cycle. This phase, Analysis and Assessment, is the key and foundation of the seven lifecycle activities.
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ERM can also be described as a risk-based approach to managing an enterprise, integrating concepts of internal control, the Sarbanes–Oxley Act, data protection and strategic planning. ERM is evolving to address the needs of various stakeholders, who want to understand the broad spectrum of risks facing complex organizations to ensure they are ...