Asset management
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 goodwill and intellectual capital.
Approaches such as the balanced scorecard can be employed to assure appropriately distributed attention to the whole of an organization’s resources. In the nuclear industry, the combination of increased retirements and a more difficult recruitment environment requires even greater attention to achieving and maintaining such a balance. Well-planned knowledge management programmes can contribute to meeting such challenges.
Source: Planning and Execution of Knowledge Management Assist Missions for Nuclear Organizations
