asset Management

The lifecycle of a strategic asset can be summarized by the following five (5) stages:

1- Ideation – Determine an opportunity for a new asset; research, evaluate, define and develop

potential solutions; select the optimal solution

2- Creation – Create or implement the asset solution

3- Operation – Deploy the new asset into service or operation

4- Modification – Modify, improve or otherwise change the asset

5- Termination – Decommission, retire, demolish or otherwise terminate the asset from the

enterprise portfolio