Asset Management

summations Management Definitions BSI PAS 55:2008 contains a useful glossary of convey out terms in addition Management. The following items ar extracted from this standard. 1 summation(s) Plant, machinery, property, buildings, vehicles and other items that have a distinct appreciate to the organization 2 Asset focal point self-opinionated and coordinated activities and practices through which an organization optimally and sustainably manages its additions and addition systems, their associated performance, risks and expenditures all over their life cycles for the purpose of achieving its organisational strategicalal plan 3 Asset forethought information Meaningful data relating to summations and plus prudence NOTE Examples of plus focal point information include summation registers, drawings, contracts, licences, legal, regulatory and statutory documents, policies, standards, guidance notes, technical instructions, procedures, operating cri teria, addition performance and condition data, or all summation focus records. 4 Asset management objective(s) 1. specific and measurable importation or achievement packd of asset system(s) in launch of battle to implement the asset management policy and asset management strategy; and/or 2. detailed and measurable take aim 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 memorandum specifying activities and resources, responsibilities and timescales for implementing the asset management strategy 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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