Better asset magement practice

Better asset magement practice

B: Good business practice to manage assets more effectively
D: align with ISO 55000
A: Improve customer services and outputs
Click on the icons on the arrows to see assumptions and injections
C: Maintain focus on current asset management strategy
D': Make an exception to ISO55000 standards

In order to Improve customer services and outputs we must Good business practice to manage assets more effectively and in order to Good business practice to manage assets more effectively we must align with ISO 55000. But, in order to Improve customer services and outputs we must also Maintain focus on current asset management strategy and in order to Maintain focus on current asset management strategy we must Make an exception to ISO55000 standards. we can't both align with ISO 55000 and Make an exception to ISO55000 standards.

RelationAssumption(s)Injection(s)
B-Dit provides the guidance on developing the building blocks for an AM system including the AM policy and AM strategy, which guide the ongoing development, maintenance and improvement of the system
C-D'Uptake of ISO 55000 will need assets to mature and the impact is likely to take time to show
A-BAssets provide value to the organization and its stakeholders