Good asset management is about ensuring infrastructure assets and services that the community value are delivered efficiently today - whilst providing certainty for the generations of tomorrow.
Asset management can meet these challenges through cost-effective, targeted, sustainable asset management strategies and investment decisions.
Good asset management provides better:
Stewardship is the responsibility for taking good care of resources entrusted to a person or organization as well as meeting their social, environmental and economic responsibilities.
IFME has joined with IPWEA to publish a concise document titled Benefits & Drivers of Good Asset Management Practice which can be downloaded below.