What’s Asset Management?

The term Asset Management is a common term in business and utilities. More and more companies and authorities see the importance of asset management for the maintenance of buildings, bridges and infrastructure. But what exactly is asset management? And why is it so important?

Asset Management?

Asset Management is the optimal management of capital assets that are of value to an organization. Capital assets are goods, such as machines, buildings or other equipment, are durable products whose lifespan is determined by the manufacturer before sale. Asset is anything with a commercial and/or replacement value that is owned by a company, foundation or individual. An asset is something that has value to an organization. What this value is, and what form this value takes, depends on the organization. An asset has a certain market value. The goal of Asset Management is to use the resources of an organization as effectively and efficiently as possible, so that they can contribute optimally to the (financial) success of the organization. Or to put it simply: getting the maximum value out of assets.

The origins of Asset Management

Asset Management has its origin in the eighties. The buildings and infrastructure built in the 30s and 40s were in urgent need of maintenance and replacement. There was a need for structural maintenance planning on a large scale. The British government decided that the management and setting up of these plans could be marketed freely. As a result, various asset management offices were created.  It was important, however, that the quality would be guaranteed at all times. For this purpose, the Pas - 55 standard was developed. This is the predecessor of the current system the ISO 55000. The gas, water and electricity sectors in particular have actively contributed to the development of this standard. The ISO 55000 is an international standard that sets out the requirements for developing, maintaining, implementing and improving a management system. The standard specifies which elements should be included in asset management and how they are linked. The way in which this is filled in is determined by the organization itself.

The benefits of Asset Management

Implementing asset management has many advantages for an organization. Some of these advantages are listed below:

• Determining the right choices regarding new-build investments
• Having a good specification for new buildings
• Being able to issue reliable long-term plans
• Being able to prioritize projects
• Being able to map out budgets and ensure that they are adhered to
• Working on risk management. Mapping out situations and their risks and being able to substantiate decisions and make well-considered considerations.
• Creating insight into costs versus risks and being able to make well-founded choices as a result.

In short, the introduction of Asset Management has many advantages and is used more and more.

How can you use a 3D scanner in Asset Management?

When scanning a building, the entire contents of the building are also included in the scan. Think for example of furniture, paintings and fire extinguishers. Even the condition of these can be read from the photos. In addition to the condition of the building's contents, windows, frames, doors, floors and ceilings are also included. This information is very important for an asset manager when making decisions about replacing furniture, for example. By means of poi's (points of interests), a report can be made of this. The number of square meters of a building can also be measured very quickly if these are not yet known. This can be important when, for example, cleaning costs need to be calculated.

There are numerous other examples of why you can use a 3D scanner in Asset Management. Would you like more information about the scanner? Or sparring together about what we can do for you and your company? Then don't hesitate to contact us. We can discuss the possibilities over a cup of coffee.