Asset Management Specification

25/02/2019

The Publicly Available Specification (PAS 55) was developed by the British Standards Institution (BSI) and the Institute of

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Asset Obsolescence

25/02/2019

Economic Obsolescence Economic obsolescence reflects the effect of factors outside the asset itself. The asset has economic benefit only

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Asset Operations And Maintenance

25/02/2019

Assets Operational and Maintenance Procedures Asset operation and maintenance procedures are directly linked to Level of Service and Critical

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Asset Performance Measures

25/02/2019

The key driver for public sector ownership and management of assets is the provision of service to the

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Asset Portfolio

25/02/2019

Comprehensive, accurate and up-to-date information on assets is vital to effective asset planning. Good information is necessary to

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Asset Register

25/02/2019

Total Asset Management (TAM) uses asset registers to provide an invaluable source of information of the agency’s asset

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Asset Register Development Process

25/02/2019

Asset Register Development Process in Assets Information The Asset Information guideline in the Total Asset Management process of the

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Asset Register Performance Measures

25/02/2019

Asset Performance Measures in the Asset Register Asset performance measures included in an asset register provide a gauge of

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Asset Renewal Details

25/02/2019

Detailed level for assets renewal decision-making The detailed or micro level approach to developing an asset renewal strategy is

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Asset Residual Life

25/02/2019

The residual life of an asset is widely used in modelling stochastic processes. In reliability theory it appears

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