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Assest Lifecycle and Asset Management

Asset Management / Lifecycle Management


Do you know how to manage your IT infrastructure in the most cost effective way? The focus of managing enterprise assets is not the assets themselves. Rather, it’s the value they deliver to the enterprise.


IT asset management is an important part of an organization's strategy. It involves gathering detailed hardware and software inventory information which is then used to make decisions about hardware and software purchases and redistribution. IT inventory management helps organizations manage their systems more effectively and saves time and money by avoiding unnecessary asset purchases and promoting the harvesting of existing resources. Organizations that develop and maintain an effective IT asset management program further minimize the incremental risks and related costs of advancing IT portfolio infrastructure projects based on old, incomplete and/or less accurate information.


We include these key activities in asset life cycle management include procedures and reporting:

  • Acquisition – support the required procedures to record the receiving of assets and any discrepancies in shipment

  • Implementation and assignment – record the check- in and check-out of assets, manage assets by site, by project, by contract, or by people.

  • Reporting – create reports based on the organizational objectives, for audit and management review purposes, monitor unusual events.

  • Maintenance – support routine maintenance, schedule resources, track maintenance costs and parts

  • Disposal – keep track of retired assets, options for attaching reports on recycled assets to the asset records.

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