Asset lifecycle management refers to the strategies used to extend the time that an asset functions. A longer asset lifespan means a more efficient business, so lifecycle management ultimately boosts ...

According to the National Institute of Building Sciences’ Whole Building Design Guide, construction costs represent less than one-fifth of a built asset’s overall costs. The majority of the costs come ...

Acquire a Versatile Asset Management Toolkit. Civil Asset Management is the science and coordinated activity for the long-term care and maintenance of infrastructure systems, facilities, and other ...

In the rail industry, asset management has historically been synonymous with the management of physical assets by dedicated teams of highly experienced practitioners and localised ownership of the ...

Learn how to evaluate an asset's economic life, understand key factors affecting it, and how it differs from depreciation to make informed financial decisions.