ASSETMANAGEMENT
Asset management
Asset management, broadly defined, refers to any system that monitors and maintains things of value to an entity or group. It may apply to both tangible assets such as buildings and to intangible concepts such as intellectual property and goodwill. Asset management is a systematic process of operating, maintaining, upgrading, and disposing of assets cost-effectively. Alternative views of asset management in the engineering environment are: the practice of managing assets to achieve the greatest return, and the process of monitoring and maintaining facilities systems, with the objective of providing the best possible service to users .The above text is a snippet from Wikipedia: Asset management
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