TAMC Blog

The Capability Delivery Model

What is a model and why have one?  Models are graphical depictions that illustrate and describe concepts and ideas, and can be very useful to explain those ideas simply.  Asset Management Concept Model The Asset Management Concept Model requires the implementation of the Principles (and Fundamentals) of asset management within a “Plan Do Check Act” […]

The Asset Management Systems Model

What is a model and why have one? Models are graphical depictions that illustrate and describe concepts and ideas, and can be very useful to explain those ideas simply.  Asset Management Concept Model Our previous post introduced the Asset Management Concept Model that described the underpinning Four Principles of Asset Management – being Output Focus, […]

The Asset Management Concept Model

A description of the foundations of Asset Management This is a series of informative articles on physical Asset Management. These articles are intended to inspire and motivate and at the same time and remove the mystique that often surrounds the science and art of physical asset management! To be clear, asset management is not maintenance […]

What is Asset Management?

“Modern society is reliant on physical assets in order to function effectively. Managing those assets so they can provide the right products and services now, and into the future, is a core part of the discipline known as Asset Management. But assets can be made almost anything – a brand, a license, a right of […]

Demystifying Asset Management, AMBoK and ISO 5500X

Confusing right? Well maybe! There are a lot of terms being thrown around and it’s not clear what each of them represent. First of all, what is an asset? An asset is an item, thing or entity that has potential or actual value to an organization.  What is asset management? “The life cycle management of […]