Enterprise asset management

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Enterprise asset management (EAM) is the optimal lifecycle management of the physical assets of an organization. It covers subjects including the design, construction, commissioning, operations, maintenance and decommissioning or replacement of plant, equipment and facilities.

"Enterprise" refers to the scope of the assets in an Enterprise across departments, locations, facilities and, potentially, business units. Various assets are managed by the modern enterprises at present. The assets may be fixed assets like buildings, plants, machineries or moving assets like vehicles, ships, moving equipments etc. The lifecycle management of the high value physical assets require regressive planning and execution of the work.

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  • Baird, G. (May 2011). "Defining Public Asset Management for Municipal Water Utilities". Journal American Water Works Association. American Water Works Association. 103 (5): 30. 
  • Physical Asset Management(Springer publication) Nicholas Anthony John,2010.
  • Pascual, R. "El Arte de Mantener", Pontificia Universidad Católica de Chile, Santiago, Chile, 2015. [1]