Asset Management System definition

Asset Management System means the measures that are to be taken by the licensee for the proper maintenance, expansion or reduction of the licensee’s assets.

Asset Management System or “AMS” means the software and associated hardware systems used to manage the financial and commercial lifecycle of Devices, Software Licenses, or other IT assets that HPI determines from time to time are to be managed in this manner.

Asset Management System has the meaning given in the PSR. Associate or Associates means, in relation to a person, any officer, agent, adviser, consultant, contractor or employee of that person and:

Examples of Asset Management System in a sentence

• Specifically, trial courts must establish and maintain a Fixed Asset Management System (FAMS) to record, control, and report all court assets.

• The Planned Maintenance Schedule, once finalised and agreed, must be loaded into Auckland Council’s Asset Management System.

• The Subrecipient shall register all vehicle maintenance activities into the Department’s Asset Management System (AssetWorks) or an electronic version of same.

• The Subrecipient shall collect and submit to the Department at such time and in such manner as it may require information for the purpose of the Department’s Asset Management System (AssetWorks) and the Transit Asset Maintenance (“TAM”) Plan.

• Itemised data and value of civil works shall be provided to Council for inclusion in Council's Asset Management System in accordance with Council's Engineering Specifications.

More Definitions of Asset Management System

Asset Management System means as at the date of this Agreement the computerised asset management system "SAP ECC5" specified by DLRL and, following the completion of the Franchisee's obligation pursuant to paragraph 4.6 of Part 1 of Schedule 12, [⚫]1;

Asset Management System means the system for determining the priorities for rehabilitation and maintenance of the secondary and local road network to be established in the Project Implementing Entity with the assistance of the Project Preparation Advance under Part 3 of the Project.

Asset Management System means a Vendor provided and managed system to track asset ownership attributes and to record asset data such as purchase date, warranty, expected end of life, location, and responsible person.

Asset Management System. – means a management system or framework for asset management. It is a standard management approach outlining the linkages between key elements and practices of an effective asset management program. It is a set of interrelated or interacting practices and techniques of an organization enabling the management of assets at various levels from the operational level up to where integration across asset systems and networks is required.

Asset Management System developing an asset management system and plans that provide for a comprehensive estimate of funds required to meet the regular O&M and rehabilitation requirements of dams over a multi-year period;

Asset Management System means the system used by the Operator for the management of assets.

Asset Management System a system developed for the management of assets and asset information;