Asset management definition

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

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 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

• The Recipient will develop and implement an Asset Management plan, culture, and methodology in accordance with legislation and regulation established by the Government of Ontario (e.g., O.

• During FY 2022/23, EOA plans to assist San Mateo County Permittees to form an Asset Management Work Group and hold its first meeting in June 2023.

• Table 13.1 Descriptions, deliverables, and cost estimates for Asset Management subtasks.

• Based on review of Provision C.21 requirements and input from C/CAG staff and permittees at the first Work Group meeting, a draft framework for a countywide Asset Management approach is under development, incorporating a list of asset types based on C.21 requirements, current O&M inspection practices, and current methods of tracking assets and O&M at the countywide and local levels.

• EOA will also continue to convene, as needed, the San Mateo Countywide Asset Management Work Group formed during FY 2022/23 to continue discussions of member agency needs and best approach(es) for assistance from the Countywide Program.

More Definitions of Asset management

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

Asset management means proper management of tangible and intangible fixed assets including acquisition, operation and disposition thereof through understanding the processes and conditions of receipt, payment and maintenance thereof.

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 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.

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.

Asset management. Means the processes applied to assets from their planning, acquisition, operation, maintenance, replacement and disposal, to ensure that the assets meet Council’s priorities for service delivery.