Asset management policy as a guide in building fixed assets register in the public sector

By Esv. Simeon E. Anokwuru The global standard for asset management provides the framework for Institutions to systematically manage their assets to maximize value throughout their lifecycle. Both 150 55000 and 55001 : 2014 standards recognize asset management in an organization as a process of planning, coordinating, controlling, executing, monitoring and improving activities that are ...