You can browse all the published concept maps without signing in. If you'd like to create your own concept maps, all you have to do is sign in with Twitter. It's free!
A system supplying a public need such as transport, communications, or utilities such as electricity and water.
An organisation responsible for providing a service.
A physical component of a facility which has value,enables services to be provided and has an economic life of greater than 12 months. Dynamic assets have some moving parts, while passive assets have none. IIMM
An asset is an object (physical or intangible) that has an identifiable value and a useful life greater than 12 months, that is or could be used by the entity responsible for it to provide a service. LGAM
Asset - An item with an independent physical and functional identity and age, within a facility (e.g. pump, motor, sedimentation tank, main). Asset - Service potential or future economic benefits controlled by entity as a result of past transactions or other past events. DERM
Any technique which allows assessment of a given solution, or choice from among alternative solutions, on the basis of all relevant economic consequences over the service life of the asset.
IIMM
Lifecycle Cost Analysis is a method of assessing which asset option, will be the most economical over an extended period of time.
LGAM
A network asset is an asset that is considered to be part of a network. Network assets are interconnected assets that rely on each other to provide a service. If a network asset is removed the system may not function to full capacity.
LGAM
Individual asset which, together with others, performs a service.
DERM
A risk rating is an indication of the relative risk associated with an asset. The rating may be determined using a number of factors such as: * the likelihood of failure * the severity of the consequences of a failure * the financial impact of a failure
Risk ratings may be numeric or labels such as:
Low, Moderate, Significant, High - IIMM