Asset Lifecycle Management (ALM) is the process of optimising an asset’s reliability and performance throughout its lifespan.

The five main stages of an asset’s lifecycle are plan are:

Asset Lifecycle

We collect data that can be used to provide guidance on condition, recommended scheduled maintenance and remaining useful life. In addition, we can capture changes to assets such as additions, upgrades, transfers, relocations, refurbishments, replacements, and disposals. This information is key to maintaining an up to date Asset Management Plan (AMP) and Fixed Asset Register (FAR).

Talk to us today about capturing data to inform your asset management plan!