Management > Class Notes > 12515 Strategic Asset Management: Asset Management Overview (All)

12515 Strategic Asset Management: Asset Management Overview

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What is an Asset? • What is Management? • What is Asset Management? DEFINING ASSET Something that has potential value to an organisation and for which the organisation has a responsibility... . (PwC) NOTE 1 Value may be tangible or intangible, financial or non-financial NOTE 2 Value includes consideration of risks and liabilities, and therefore may be positive or negative at different stages of the asset’s life cycle NOTE 3 An organisation may have partial responsibility for an asset, with limited or indirect influence upon the value obtained or generated. [Show More]

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