February 02, 2010

A glimpse of the asset management

asset management are:
a) In general is a series of activities associated with identifying what assets are needed, how to get it, how to support and maintain, and how to remove or update it so that these assets effectively and efficiently to achieve goals;
b) In particular, asset management has a sense as a series of disciplines, methods, procedures, tools to optimize the overall business impact of cost, performance and risk exposure (related to the availability, efficiency, age wear and regulation / safety / compliance with rules (the environment) organization of physical assets

In the asset management (asset management), we can not be separated from the management cycle of goods starting from planning till the elimination of such goods, which, if sorted is as follows:
1. Planning (Planning); include determining the needs (requirements) and budgeting (budgetting).
2. Procurement (Proccurement): includes how to practice, standards and price of goods or the preparation of specifications and so on.
3. Storage and distribution (storage and distribution).
4. Control (Controlling).
5. Maintenance (maintenance).
6. Security (Safety).
7. Utilization of the use (Utilities).
8. Elimination (Disposal).
9. Inventory (Inventarization).
In asset management recognized the existence of an asset management life cycle is called asset lifecycle management, consisting of:
a. Asset planning (plan assets)
Includes about dibuthkan service and ensure that the proposed asset is the most effective solutions to meet the needs.
b. Asset creation / acquisition (procurement of assets)
Is the procurement or improvement of assets which may be the reason financing is expected to provide benefits beyond the financial year.
c. Financial management (financial management)
Is knowledge related to the ownership of assets, including the procurement / acquisition, operation, maintenance, rehabilitation, pembaharuab, depreciation and disposal and decision making support cost-effectiveness.
d. Asset operation & maintenance (maintenance and operation of assets)
Has a function related to work and control assets from day to day, and costs associated with employment and asset control from day to day than the cost associated with it which is an important component in a dynamic asset or short-lived.
e. Asset ondition & performance (condition and performance of assets)
Where performance-related assets from the asset's ability to meet the target of the service level and condition of assets reflects the physical condition of the asset.
f. Asset Rehabilitation / replacement
Upgrade or a significant change from an asset or asset component to return the assets to the required conditions.
g. Asset disposal / rasionalitation
Options typing an asset is not needed anymore and becomes uneconomical for treatment or repair.
h. Asset management review
Regulation involves internal and independent audits to ensure improvement cycle continuous management of assets and / or to achieve or maintain the best practices of an organization.
Asset management focus on efficient management of goods. Here are some basic elements of asset management are:
1) To collect detailed information on assets.
The collection of basic information about who owned can help management to identify infrastructure needs and make the right decisions on these assets. Detailed information on assets may include information about the types of assets, age, size, construction materials, location of assets, creation date, the assessment of asset condition and performance, including information on operation, maintenance and repair history, and the estimated remaining economic life of assets that, as well as information about value of the assets, including historical value, the value of depreciation and replacement cost of assets.
2) Analyze data to determine priorities and take better decisions on assets.
With asset management, then apply a variety of management analysis techniques to identify important patterns and trends of the data owned assets, conduct risk assessment to prioritize risks and optimize decisions in the maintenance, repair or replacement of assets.
3) Integrate data and decision-making
Management assured that the information gathered has been organized so that appropriate and accessible to the authorities and need. Besides the necessary databases and copy should be integrated to support and ideally each asset has a special identification.
4) Linking strategy to show the infrastructure needs in the context of service objectives, operating budget and capital development plans.
The company's goal to meet the desired service is the primary consideration in the development of asset management strategy. After identifying the management and infrastructure needs merangking then determined the type and amount of investment needed to meet the desired service goals. The decision in the case of asset maintenance, repair and replacement of assets, in turn, would be associated premises of short-term funding needs and long-term as reflected in the operating budget and capital development plans accordingly.
For asset management in the future be done in five stages, namely::
1) Phase Inventory of Assets, including data collection process, kodefikasi (labeling), grouping and bookkeeping. These activities are divided into 2 (two) parts, namely:
a. Physical Inventory, which includes aspects of physical identity (shape, area, location, volume)
b. Inventory Judicial / Legal, which includes information ownership and legality.
2) Phase legal audit, which includes inventory control status of assets, systems and control procedures or transfer of assets, and identification and the search for solutions and strategies for legal issues.
3) Phase asset assessment, aims to find out the value of property and set the value of the asset when sold.
4) Phase optimization of assets, is done by identifying and classifying assets based on their potential, so in assets that can be utilized in the management of dominant sectors that can develop the national economy.
5) Stage development Asset Management Information System, which became a vehicle for surveillance and control assets more transparent.

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