Good asset management is critical in any business environment. Within the public sector it is even more critical, particularly as most assets belonging to government must service the public and require a much longer lifespan and enormous capital outlay that are vital to providing a foundation for safe and viable economic activity.
Knowing what assets you have and where they are, are vital in ensuring that you manage and use them cost effectively, effectively managing your bottom line.
SitholeSS can assist our clients to compile or update their asset registers to ensure that informed decisions are made.
The life cycle of an asset can be defined as that period that an entity can foresee itself utilising an asset on an economically effective and efficient basis for the furtherance of the entity’s trade or service deliverance. The period covers all the phases in the life of an asset namely the procurement, the use and maintenance and eventual disposal thereof.
Summarised our Asset Management services offered are:
- Development, Analysis of Policies & Management Plans
- Verification of Asset Registers
- Verification of Asset Procurement
- Valuation of Condition of Assets
- Compliance verification and assistance
- Review & analysis of assets and associated liabilities