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Showing posts from October, 2018

what does Asset management means?

The assets of a company comprise the whole set of tangible and intangible resources that have value, current or potential, to help you meet your organisational objectives . The management of assets is crucial to the success of an organisation, as it is responsible for controlling and managing the value of tangible and intangible assets, integrating it with the company's own value and its growth, enriching it as a whole. Asset management objectives, derived as part of the Strategic Asset Management Plan, provide the essential link between the objectives of the organisation and the asset management plans that describe how these objectives will be achieved. These objectives must transform the required results that must be provided by the assets, in activities typically described in the asset management plans. Asset management objectives must fit each of the organisation's needs, which may include addressing subsets of objectives and may vary for different functions carr