Conceptual Provisions for Integrated Risk-Based Management of Reliability, Safety, and Resources

Igor Borisovich Shubinsky () and Alexei Mikhailovitch Zamyshlaev ()
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Igor Borisovich Shubinsky: JSC NIIAS
Alexei Mikhailovitch Zamyshlaev: JSC NIIAS

Chapter Chapter 3 in Technical Asset Management for Railway Transport, 2022, pp 15-27 from Springer

Abstract: Abstract In accordance with ISO 55000 series an asset is an identifiable item, thing, or object that has potential or actual value for the organization. Value can be defined in many ways by different enterprises and their stakeholders and can be tangible or intangible, financial or non-financial and include risks and liabilities. The value can be positive or negative at various stages of the asset’s life. Physical assets usually include equipment, inventory, and real estate owned by an organization. Physical assets are the opposite of non-physical intangible assets such as rights to use intangible objects, brands, digital assets, intellectual property rights, licenses, reputation, and business relationships. A group of assets that make up a system of assets can also be considered an asset (ISO 55000 series).

Date: 2022
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DOI: 10.1007/978-3-030-90029-8_3

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