Maximize value derived from organizational assets.
Make informed choices about asset acquisition, use, and disposal.
Minimize asset-related failures and safety risks.
Meet legal, safety, and environmental standards.
Improve asset management processes and efficiency over time.
Plan, operate, maintain, and dispose of assets effectively.
Identify potential risks and implement controls.
Track asset performance, reliability, and cost-effectiveness.
Ensure assets meet legal, regulatory, and environmental requirements.
Evaluate asset management system performance and opportunities for improvement.
Extend lifespan and reliability of assets.
Reduce downtime and optimize asset use.
Prevent failures, accidents, and financial losses.
Meet industry and legal standards.
Reduce maintenance, replacement, and operational costs.
Ensure assets contribute effectively to organizational goals.
Mitigate potential disruptions and hazards.
Base asset strategies on accurate data and analysis.
Ensure responsible management of physical and digital assets.
Optimize asset performance and efficiency over time.
Management drives asset management policies and objectives.
Focus on maximizing asset value across their lifecycle.
Identify and mitigate asset-related risks.
Manage assets from acquisition to disposal systematically.
Regularly evaluate and enhance asset management processes.