August 15, 2009

Asset Management

Asset management, integrated with strategic master planning, provides the information and support necessary for any agency to fulfill their goals in an efficient and cost-effective manner.

Asset management is the integrated optimization of management practices and business processes, which are reflected in acquisition, planning, operations, maintenance, refurbishment, and replacement decisions. The purpose of asset management is to cost-effectively maximize the life-cycle value of assets while continuously delivering the required levels of service and sustaining the infrastructure.

This service provides the opportunity for agencies to operate at their optimum, and it is likely that it will be required in future regulations and finances. While these issues may seem daunting, the possibilities are great, and Spans can help!