The growing interest in asset management can be traced to various companies' increased interest in PAS 55 (publicly available specification on asset management) and the establishment of an ISO committee for preparing an ISO standard for asset management. The term asset management is being used more and more in the industry. But it is still a concept that is defined and interpreted in many different ways. What does a company consider to be asset management? Does it refer to the management of their whole asset portfolio or simply to the lubrication of a pump?
Stork Technical Services has developed a vision for the how and why of asset management of physical assets. This is a clear vision that has been gradually refined through the realisation of projects within different companies and different industries. These experiences have helped us establish a pragmatic yet comprehensive model.
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