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.
Sample 1Sample 2Sample 3
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:
Sample 1Sample 2
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.
Sample 1Sample 2

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.

  • 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.

  • All inspections shall be properly recorded into the Highway Asset Management System and retained by the Authority for future reference.

  • Industrial pipelines are managed under individual customer contract and hence do not attract QCA oversight.1.3 ContextSunWater’s Asset Management System overview is provided in Figure 1 which shows where the asset management plans fit within the key elements of the asset management system.

  • This hierarchy is stored in the Highway Asset Management System and records are kept of hierarchy changes.


More Definitions of Asset Management System

Asset Management System means the system used for the management of assets.
Sample 1
Asset Management System means the Media Archive and the Media Library.
Sample 1
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.
Sample 1
Asset Management System means a set of interrelated and interacting elements of an organization, including but not limited to an AM policy and AM objectives, and the processes needed to achieve those objectives.
Sample 1
Asset Management System a system developed for the management of assets and asset information;
Sample 1
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;
Sample 1
Asset Management System means the asset maintenance management and recording system described in Schedule Part 2 (Employer's Requirements);
Sample 1