Asset Hierarchy

An asset hierarchy is a framework for segmenting an asset base into appropriate classifications. The asset hierarchy can be based on asset function; asset type or a combination of the two.

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One of the main purposes of an asset hierarchy is to group assets that are treated in a particularly way together. Important or high visibility assets for example may receive a higher level of service than less important or low visibility assets and this is reflected in the asset hierarchy.

A well thought out asset hierarchy also makes navigating to a particular asset or asset component within an asset management software system easier.

Asset Hierarchies

Related Pages

External Links & References

  1. Google Search
  2. International Infrastructure Management Manual
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