Value & Achieving Your Organization’s Plan w/ Asset Mgmt.
Literature review What are (Physical) Assets? Assets are things that have actual or potential value, and AM achieves the realization of that value. (IAM, 2014) An asset is defined in BSI PAS 55 as ‘Plant, machinery, property, buildings, vehicles and other items that have a distinct value to the organization’. (BSI, 2008) According to ISO … Read more