Asset Management definition

Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.

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Asset Management means a systematic process of operating and maintaining the state system of

Asset Management means an ongoing process of maintaining, upgrading, and operating physical assets cost-effectively, based on a continuous physical inventory and condition assessment.

Examples of Asset Management in a sentence

• This cooperation shall include the sharing of data included in the regional transit authority's Transit Asset Management (TAM) plans and Public Transportation Agency Safety Plans (PTASP).

• Maintenance (PM) Inspections and the Asset Management System (currently Hexagon).

• The Contractor shall be required to utilize CapMetro's Asset Management System to record maintenance activities.

• The Asset Management software work order data entry must be completed by the mechanic or technician that performs the maintenance work.

• Centurion Accommodation REIT will be a REIT established with the principal investment strategy of investing, directly or indirectly, in a portfolio of income-producing real estate assets which are used primarily for purpose-built worker accommodation (“PBWA”) purposes, purpose-built student accommodation (“PBSA”) purposes or other accommodation purposes1 located globally (excluding Malaysia), as well as real estate-related assets.‌ Centurion Asset Management Pte.

More Definitions of Asset Management

Asset Management means an ongoing process of maintaining, preserving, upgrading, and operating physical assets cost-effectively, based on a continuous physical inventory and condition assessment and investment to achieve established performance goals.

Asset Management means an integrated process, bringing together skills, expertise, and activities of people; with information about a community’s physical and natural assets; and finances; so that informed decisions can be made, supporting Sustainable Service Delivery.

Asset Management means the process by which equipment, including office equipment, vehicles, machinery, real estate, etc., of value to the Tłı̨chǫ Government are managed, controlled and safeguarded.

Asset Management means a systematic process of operating and maintaining the state system of highways by combining engineering practices and analyses with sound business practices and economic theory to achieve cost-effective outcomes.

Asset Management means the processes applied to assets from their planning, acquisition, operation, maintenance, replacement and disposal, to ensure that the assets meet the priorities of the Corporate Business Plan for service delivery.

Asset Management means management, oversight, or direct actions taken to maintain or

Asset Management means management, oversight, or direct actions taken to maintain or transfer any real property before a foreclosure sale or in preparation for liquidation of real property owned by the client pursuant to a foreclosure sale. This includes any action taken to preserve, restore, or improve the value and to lessen the risk of damage to the property in preparation for liquidation of real property pursuant to a foreclosure sale.