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Diane Publishing Books
Asset Management Primer
Madeleine Bloom (fr)
This primer on Asset Management (AM) will help those interested gain an understanding and appreciation of this expanded and important concept. AM is a bus. process and a decision-making framework that covers an extended time horizon, draws from econ. as well as engineering, and considers a broad range of assets. The AM approach incorporates the econ. assessment of trade-offs between alternative invest. options, both at the project level and at the network or system level, and uses this info. to help make cost-effective invest. decisions. It also requires a statement of explicit, clearly defined goals that reflect customer expectations, and are used to guide, monitor, and evaluate the entire process. Illustrations.
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