The document outlines key performance indicators (KPIs) and key risk indicators (KRIs) for evaluating an organization's asset management performance across several categories. It includes 20 KPIs across areas like asset discovery, utilization, lifecycle management, tracking, maintenance, depreciation, compliance, and security. Each KPI lists 1-2 related KRIs that indicate potential risks to watch out for. The overall goal is to help organizations optimize asset utilization, security, and lifecycle management through monitoring these critical metrics.

1. Asset Inventory
1. Asset Discovery Accuracy
2. Timeliness of Asset Updates
1. Unaccounted or unknown assets
2. Delays in updating asset information
Asset Utilization
3. Asset Utilization Rate
4. Asset Allocation Efficiency
3. Underutilized or idle assets
4. Misallocation of assets
Asset Lifecycle
Management
5. Asset Lifecycle Compliance
6. End-of-Life Asset Disposal Timeliness
5. Assets operating beyond their lifecycle
6. Delays in decommissioning assets
Asset Tracking and
Monitoring
7. Real-time Asset Tracking
8. Security Vulnerability Assessment
7. Unauthorized asset movement or
removal
8. Unpatched or vulnerable assets
Asset Maintenance 9. Planned Maintenance Compliance
10. Asset Maintenance Cost Efficiency
9. Unplanned downtime due to asset
failures
10. High maintenance costs
Asset Depreciation
11. Asset Depreciation Accuracy
12. Impairment Loss Tracking
11. Incorrect or inconsistent depreciation
12. Undetected impairment of asset value
Compliance and
Auditing
13. Regulatory Compliance
14. Audit Trail Accuracy
13. Non-compliance with asset-related
regulations
14. Missing or tampered audit logs
Vendor and Contract
Management
15. Vendor Relationship Management
16. Contract Compliance
15. Vendor disputes or contract breaches
16. Non-compliance with asset-related
Security and Data
Protection
17. Asset Security Compliance
18. Data Protection (GDPR/CCPA)
17. Unauthorized access or breaches
18. Data breaches or privacy incidents
Disaster Recovery 19. Asset Backup and Recovery
20. Business Continuity Planning
19. Asset data loss or recovery failures
20. Lack of asset-related continuity plans
Category KPIs KRIs
Asset Management KPIs and KRIs
Evaluate the performance and risks related to managing organizational assets, ensuring optimal
utilization and security.
Training and
Awareness
21. Asset Management Training
22. Policy Acknowledgment
21. Lack of awareness in asset
management
22. Policy non-compliance by employees