Asset Management System
According to ISO 55000, the term asset management stands for the systematic and coordinated management and maintenance of the assets of an organization with the aim of creating value. The asset management system provides the appropriate organizational framework for this. It consists of the asset management policy, the asset management objectives and the asset management strategy, which are all together also known as strategic asset management plan (SAMP).
The asset management strategy and the targets derived from it form the point of departure for the asset management plans, which are usually drawn up separately for the individual asset systems, e.g. for roads or sewage systems (see figure below).
In addition to these core components of the asset management system, the technical literature defines a number of processes required for planning, support, operation, risk management and improvement of the system.