Infrastructure asset management Asset management

infrastructure asset management combination of management, financial, economic, engineering, , other practices applied physical assets objective of providing required level of service in cost-effective manner. includes management of entire lifecycle—including design, construction, commissioning, operating, maintaining, repairing, modifying, replacing , decommissioning/disposal—of physical , infrastructure assets. operation , maintenance of assets in constrained budget environment require prioritization scheme. way of illustration, recent development of renewable energy has seen rise of effective asset managers involved in management of solar systems (solar park, rooftops , windmills). these teams more , more teaming-up financial asset managers in order offer turnkey solutions investors. infrastructure asset management became important in of developed countries in 21st century, since infrastructure network completed in 20th century , have manage operate , maintain them cost-effectively.

software asset management 1 kind of infrastructure asset management.