Asset Management

summations Management Definitions BSI PAS 55:2008 contains a useful glossary of bring forth out terms in addition Management. The following items argon extracted from this standard. 1 plus(s) Plant, machinery, property, buildings, vehicles and other items that have a distinct think of to the organization 2 Asset focal point positive and coordinated activities and practices through which an organization optimally and sustainably manages its additions and addition systems, their associated performance, risks and expenditures oer their life cycles for the purpose of achieving its organisational strategical plan 3 Asset forethought information Meaningful data relating to summations and plus focussing NOTE Examples of plus focal point information include plus registers, drawings, contracts, licences, legal, regulatory and statutory documents, policies, standards, guidance notes, technical instructions, procedures, operating criteria, plus perform ance and condition data, or all asset worry records. 4 Asset management objective(s) 1. detail and measurable minute of arc or achievement drived of asset system(s) in club of battle to implement the asset management policy and asset management strategy; and/or 2. detailed and measurable direct of performance or condition required of the assets; and/or 3.

specific and measurable outcome or achievement required of the asset management system. 5 Asset management plan inscription specifying activities and resources, responsibilities and timescales for implementing the asset management s trategy and delivering the asset management! objectives. 6 Asset management policy Principles and mandated requirements derived from, and consistent with, the organizational strategic plan, providing a framework for the development and implementation of the asset management strategy and the setting of the asset management objectives. 7 Asset management strategy Long-term optimized approach to management of the assets, derived from,...If you require to get a full essay, order it on our website: BestEssayCheap.com

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