Physical Asset Management

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Focusing on the comprehensive management of physical assets, this book outlines a structured process from conception to disposal, integrating the latest international standards ISO55002 and ISO/TS50010. It details each phase of asset management, such as business appraisal, needs identification, capability analysis, financial evaluation, and strategic planning. The text also addresses maintenance strategies, outsourcing, and cost-benefit analysis, making it a valuable resource for professionals seeking to enhance their asset management practices.