Verified Asset Management

Verified Asset Management

Make a systematic process of maintaining, upgrading and operating physical assets.

Asset management is the maintenance of a desired level of performance in what you want your assets to provide, at the lowest life cycle cost. Lowest life cycle cost refers to the optimum necessary cost for maintenance, repair or replacement of an asset. Asset management is implemented through an asset management program and typically includes a written asset management plan.

PAS 55 Asset Management and ISO 55000 outline management systems designed to maximize the effectiveness of assets, and increase the efficiency of operation. The GC-Mark for Asset Management confirms the effective implementation of an asset management system in accordance with these standards.

 

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