Essential advice for asset management

Download our popular white paper

Actively managing assets is essential for efficient and sustainable operation of an organization and, at an aggregate level, for the economy. Whether it’s an item of building services plant, a school or a railway bridge every asset needs to be managed and maintained to ensure it continues to function within design parameters.

This white paper provides an overview of asset management within the facility management context. It is targeted at the practising FM professional with little knowledge of professional asset management and explores some of the key definitions of asset management, together with the terminology used.

This white paper will explain:

  • The four phases of an asset's life: planning & acquisition, operation, maintenance, disposal
  • The role good asset management plays in each
  • The impact of ISO 55000
  • How IWMS can track and manage assets for proactive asset management strategies.