Designing Buildings: Created page with "PAS 55-1:2008, Asset Management: Part 1: Specification for the optimized management of physical assets, written by the Institute of Asset Management, and published by BSi in Sept..."

2024-12-09T06:44:53Z

Created page with "PAS 55-1:2008, Asset Management: Part 1: Specification for the optimized management of physical assets, written by the Institute of Asset Management, and published by BSi in Sept..."

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PAS 55-1:2008, Asset Management: Part 1: Specification for the optimized management of physical assets, written by the Institute of Asset Management, and published by BSi in September 2008, defines asset management performance as: ‘measurable results of an organization’s management.’

NOTE 1 Results are normally measured against the organization’s strategic plan, asset management policy, asset management strategy, asset management objectives and/or other asset management performance requirements.

NOTE 2 Asset management performance may include the effectiveness of expenditures, the reliability, efficiency, quality, sustainability and value of the assets and their utilization, and/or the impact of assets and asset management upon the organization’s financial performance, health and safety performance, environmental performance, compliance and reputation.

NOTE 3 Asset management performance measurement includes measuring the effectiveness of the organization’s asset management system.

= Related articles on Designing Buildings =

* Asset.
* Asset information model.
* Asset management.
* Asset management strategy.
* Asset management team.
* Creating an asset register for construction projects.
* Digital asset management.
* Economic Order Quantity EOQ.
* Enterprise asset management.
* Facilities management.
* Facilities management audit FMA.
* Facility condition assessment FCA.
* Facility condition index FCI.
* Knowledge asset management.
* Property management.

[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Client_procedures]]

Asset management performance - Revision history

Designing Buildings: Created page with "PAS 55-1:2008, Asset Management: Part 1: Specification for the optimized management of physical assets, written by the Institute of Asset Management, and published by BSi in Sept..."