Asset Management Standards

Asset Management Standards provide a set of guidelines and best practices to efficiently identify, maintain, and optimize an organization’s assets—such as equipment, technology, or buildings—to maximize value and performance. These standards ensure consistent, risk-aware, and cost-effective operations across the organization, aligning asset use with strategic goals. By following these standards, organizations can improve reliability, reduce costs, and make informed decisions about investments and maintenance, ultimately supporting long-term success and sustainability.