ISO 55000
Reyes-Picknell, James V. Asset Management involves extracting value for the owners and users of physical assets throughout their entire life cycle. Decisions made in design impact on the performance, operability, reliability, and maintainability of physical assets. Get it wrong and life cycle costs can be high. Making changes later in the asset life cycle, say after it is built, or after it has been operating for some time, is difficult and costly, often impractical. ...