Definitions for ASSET MANAGEMENT
as·set man·age·ment

WikipediaRate this definition:0.0 / 0 votes

1. Asset management

   Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally been used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. The ISO 55000 series of standards, developed by ISO TC 251, are the international standards for Asset Management. ISO 55000 provides an introduction and requirements specification for a management system for asset management. The ISO 55000 standard defines an asset as an "item, thing or entity that has potential or actual value to an organization". ISO 55001 specifies requirements for an asset management system within the context of the organization, and ISO 55002 gives guidelines for the application of an asset management system, in accordance with the requirements of ISO 55001.

WikidataRate this definition:0.0 / 0 votes

1. Asset management

   Asset management within the context of social housing in the UK is a relatively new specialism. It pertains to the function within a Housing Association, Arms Length Management Organisation or Local Authority housing department that is responsible for the long term management of social housing stock. The aim of social housing is to provide housing that is affordable to people or tenants on low incomes. Asset management is a strategic planning tool driven by stock condition data to forecast future costs of maintaining housing stock. Often this includes the management of asbestos data. There are two systems that play a vital role in the management of your housing stock. These are your housing management and asset management systems. 1) Housing Management; an operational management tool that deals with rent collection, allocations, estates, repairs, tenant enquiries and contractors and is generally the core system used by a social landlord. 2) Asset Management; a strategic planning tool driven by stock condition data to forecast future costs of maintaining housing stock. Often this includes the management of asbestos data. This includes projecting future costs to maintain housing stock at the required standard, managing programmes of capital investment and undertaking stock options appraisals. Social landlords are also required to produce Energy Performance Certificates. Link to Guidance for Social Landlords

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1. asset management

   The efficient, effective and proactive management of all forms of public housing as an asset by all forms of unity assembly, unity council, unity legislature, unity senate, unity house of representatives, unity parliament, unity government, devolved regional unity government, national unity government, european unity government and international unity government

   Asset management of housing throughout the country is a vital facet of unity government responsibility

   
   

   Submitted by MaryC on February 7, 2021  

How to pronounce ASSET MANAGEMENT?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say ASSET MANAGEMENT in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of ASSET MANAGEMENT in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of ASSET MANAGEMENT in Pythagorean Numerology is: 4

Examples of ASSET MANAGEMENT in a Sentence

1. Jeremy Harlan/CNN Andy Mueller:

   Water Asset Management has engaged in a number of different purchase methods to keep their transactions unknown to many of the local jurisdictions, ella Nilson/CNN’s a very unpopular move to come from New York and invest in irrigated agriculture with the intent to dry Ella Nilson/CNN up and watch Ella Nilson/CNN blow away.

2. Abigail Johnson:

   Bart is the ideal candidate to succeed Steve, the breadth of his experience across investment strategies and asset classes, as well as his strategic insights and spirit of innovation, makes him well suited to lead asset management.

3. Larry Tabb:

   It forces what used to be storied asset management firms to start acquiring or be acquired, the larger funds need to become even bigger.

4. Dean Connor:

   We are bullish on not just the insurance business (in Asia), but wealth management and asset management as well.

5. Chair Mary Jo White:

   It is not enough ... to simply identify, monitor and evaluate, a broader set of proactive initiatives is required to help ensure that our regulatory program is fully addressing the increasingly complex portfolio composition and operations of today’s asset management industry.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Asset_Management
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=ASSET MANAGEMENT