Asset management objectives
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 objectives as:
a) specific and measurable outcome or achievement required of asset system(s) in order to implement the asset management policy and asset management strategy; and/or
b) detailed and measurable level of performance or condition required of the assets; and/or
c) specific and measurable outcome or achievement required of the asset management system.
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