The process of managing demand and guiding acquisition, use and disposal of assets to make the most of their service delivery potential, and manage risks and costs over their entire life
the systematic planning and control of a physical resource throughout its life This may include the specification, design, and construction of the asset, its operation, maintenance and modification while in use, and its disposal when no longer required
Range of services offered by banks for the active management of a client's assets under a portfolio management mandate Essentially synonymous with portfolio management but in practice often refers to the service provided to institutional investors
A standard accountancy process concerned with maintaining details of assets above a certain value and their depreciation Asset management systems may include information on the values, current ownership and location of assets in an Asset Register but, unlike Configuration Management, will not record the relationships between assets IT organisations that do not have a fully fledged CMDB will probably still have one or more Asset Registers, describing, in part, the IT infrastructure