Evaluate the strengths and weaknesses of the Asset ID management processes best practice interactions to other KPA’s. What could be removed? What should be added? What could be modified? Why?

Prog Home v3 Forums Advanced Study Course – Asset Identification Evaluate the strengths and weaknesses of the Asset ID management processes best practice interactions to other KPA’s. What could be removed? What should be added? What could be modified? Why?

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  • #41237
    Kiaunna
    Participant
    #56042
    Andrea Murschel
    Participant

    The strengths of the Asset Identification Management key process include:
    * managing asset performance data in a way that enables tracking activities in other KPAs
    * providing unique identifieers that allow for reconciliation and certification of disposal, among other checks
    * enabling monitoring of both program and vendor effectiveness

    The weaknesses of this key process include:
    * the challenge of managing large amounts of essential data
    * the challenge of managing many interdependies

    One modification that could be made to organizations that operate this key process area is to create standardized routines to share information consistently from Asset ID Management, avoiding management of specialty routines for what are essentially the same data sharing interactions.

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