Asset Management Specification
25/02/2019The Publicly Available Specification (PAS 55) was developed by the British Standards Institution (BSI) and the Institute of
more...The Publicly Available Specification (PAS 55) was developed by the British Standards Institution (BSI) and the Institute of
more...Economic Obsolescence Economic obsolescence reflects the effect of factors outside the asset itself. The asset has economic benefit only
more...Assets Operational and Maintenance Procedures Asset operation and maintenance procedures are directly linked to Level of Service and Critical
more...The key driver for public sector ownership and management of assets is the provision of service to the
more...Comprehensive, accurate and up-to-date information on assets is vital to effective asset planning. Good information is necessary to
more...Total Asset Management (TAM) uses asset registers to provide an invaluable source of information of the agency’s asset
more...Asset Register Development Process in Assets Information The Asset Information guideline in the Total Asset Management process of the
more...Asset Performance Measures in the Asset Register Asset performance measures included in an asset register provide a gauge of
more...Detailed level for assets renewal decision-making The detailed or micro level approach to developing an asset renewal strategy is
more...The residual life of an asset is widely used in modelling stochastic processes. In reliability theory it appears
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