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Asset Management Components
Primary Components
              Asset Management Lifecycle
                           Procurement
                             of Assets


START

                            Accurate Reporting
         Planning                                Deployment
         of Assets                                of Assets
                                Central
                             Information
                              Repository

        Disposition                              Management
         of Assets                                of Assets
END



                             Support
                             of Assets
Planning of Assets
   Defining supporting processes
   Setting standards for configuration and retention
   Aligning purchase plans to business goals
   Collecting aggregate information on intended purchases
   Negotiating volume discounts




                                                         Planning
                         What is Needed?                 of Assets
Procurement of Assets
   Approving requisitions            Planning


                                      of Assets
    Ordering
   Receiving
   Validating orders                 Procurement
                                        of Assets




                             Buying
Deployment of Assets
   Tagging assets                               Planning
                                                 of Assets
   Entering asset information in a repository
   Configuring and installing assets            Procurement
                                                   of Assets




                                                 Deployment
                                                  of Assets




                       Who Gets What and How?
Management of Assets
   Inventory/Counting                               Planning
   Monitoring usage (some software)                 of Assets


   Managing Contracts for maintenance and support
   Monitoring age and configuration                 Procurement
                                                       of Assets




                                                     Deployment
                                                      of Assets




                                                     Management
                                                      of Assets




                          Tracking
Support of Assets
   Adding and changing configurations        Planning
                                              of Assets

   Repairing devices
   Relocating equipment and software         Procurement
                                                of Assets




                                              Deployment
                                               of Assets




                                              Management
                                               of Assets




                                               Support
                                               of Assets




                    Keeping up with changes
Disposition of Assets
   Removing assets from service                Planning
                                                of Assets
   Deleting storage contents
   Disassembling components for reuse          Procurement

   Surplusing equipment                          of Assets



   Terminating contracts
   Disposing of equipment                      Deployment
                                                 of Assets


   Removing asset from active inventory
                                                Management
                                                 of Assets




                                                 Support
                                                 of Assets




                                                Disposition
                     Getting Rid of Old Stuff    of Assets
Assign Owner(s) to each component
Component       Owner(s)      Implementation & Support

                                            Individual   Individual
 Planning     Department or   Manager (s)
 of Assets       Group                      Individual   Individual



                                            Individual   Individual
Procurement   Department or   Manager (s)
  of Assets      Group                      Individual   Individual



                                            Individual   Individual
Deployment    Department or   Manager (s)
 of Assets       Group                      Individual   Individual



                                            Individual   Individual
Management    Department or   Manager (s)
 of Assets       Group                      Individual   Individual



                                            Individual   Individual
 Support      Department or   Manager (s)
 of Assets       Group                      Individual   Individual



                                            Individual   Individual
Disposition   Department or   Manager (s)
 of Assets       Group                      Individual   Individual

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Asset Management Components by Cydney Davis

  • 2. Primary Components Asset Management Lifecycle Procurement of Assets START Accurate Reporting Planning Deployment of Assets of Assets Central Information Repository Disposition Management of Assets of Assets END Support of Assets
  • 3. Planning of Assets  Defining supporting processes  Setting standards for configuration and retention  Aligning purchase plans to business goals  Collecting aggregate information on intended purchases  Negotiating volume discounts Planning What is Needed? of Assets
  • 4. Procurement of Assets  Approving requisitions Planning  of Assets Ordering  Receiving  Validating orders Procurement of Assets Buying
  • 5. Deployment of Assets  Tagging assets Planning of Assets  Entering asset information in a repository  Configuring and installing assets Procurement of Assets Deployment of Assets Who Gets What and How?
  • 6. Management of Assets  Inventory/Counting Planning  Monitoring usage (some software) of Assets  Managing Contracts for maintenance and support  Monitoring age and configuration Procurement of Assets Deployment of Assets Management of Assets Tracking
  • 7. Support of Assets  Adding and changing configurations Planning of Assets  Repairing devices  Relocating equipment and software Procurement of Assets Deployment of Assets Management of Assets Support of Assets Keeping up with changes
  • 8. Disposition of Assets  Removing assets from service Planning of Assets  Deleting storage contents  Disassembling components for reuse Procurement  Surplusing equipment of Assets  Terminating contracts  Disposing of equipment Deployment of Assets  Removing asset from active inventory Management of Assets Support of Assets Disposition Getting Rid of Old Stuff of Assets
  • 9. Assign Owner(s) to each component Component Owner(s) Implementation & Support Individual Individual Planning Department or Manager (s) of Assets Group Individual Individual Individual Individual Procurement Department or Manager (s) of Assets Group Individual Individual Individual Individual Deployment Department or Manager (s) of Assets Group Individual Individual Individual Individual Management Department or Manager (s) of Assets Group Individual Individual Individual Individual Support Department or Manager (s) of Assets Group Individual Individual Individual Individual Disposition Department or Manager (s) of Assets Group Individual Individual