Asset Management
Asset Management is the systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively. In Facilities Management, it involves the administrative control over buildings, machinery, and infrastructure to optimize their lifespan and reduce operational costs.
Level 1: Emerging
At an emerging level, you are beginning to acquire knowledge about effective asset management in facilities management. You grasp basic concepts and require guidance to perform related tasks efficiently.
Level 2: Proficient
At a proficient level you are able to effectively manage the lifecycle of physical assets within facilities, including planning, acquisition, operation, maintenance, and disposal, to optimize performance and minimize costs.
Level 3: Advanced
At an advanced level you are able to strategize and execute comprehensive asset management plans, ensuring optimal performance, cost-efficiency, and compliance with regulations in the Facilities Management context.
