Difference between revisions of "Asset management"

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Revision as of 17:52, 23 April 2014

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Definition

Asset management is Management of organization's assets

Summary

Description

Asset management is an approach for management of a nuclear organization| to consider, in a balanced fashion, the entirety of its resources. These include tangible assets such as personnel and other animate creatures, facilities, equipment, fiscal investment, inventory, and intangible assets such as knowledge, see Fig 1.

As knowledge management concerns itself with knowledge, at least part of which is organization's intangible asset, KM and asset management partly overlap, see Fig 1.

Approaches such as the balanced scorecard can be employed to assure appropriately distributed attention to the whole of an organization’s resources. Also a well-planned KM system can contribute to meeting such challenges.

Fig 1 Relationship between asset management related terms.

References

Related articles

Asset (disambiguation)

Asset

Intangible asset

Human asset

Knowledge asset

Balanced scorecard