Municipal Asset Management Toolkit (Guidelines for Local Decision Makers)
Publisher: NALAS
Volume: 54 pages, pdf
Description:
Asset management is an integrated approach to monitoring, operating, maintaining, upgrading, and disposing of assets cost-effectively, while maintaining a desired level of service. It may apply to both physical assets, such as buildings and equipment, and nonphysical assets, such as intellectual property. Asset management applies to industries as diverse as transportation, electric power, manufacturing, public service companies and many others. Asset management implies a set of practices intended for decision-makers and operators to improve decision-making process thus improving the overall business performance.