A Physical Asset Manager is a professional who is responsible for managing and maintaining the physical assets of an organization. These assets can include buildings, equipment, machinery, and other tangible resources that are used to support the operations and activities of the organization.
The role of a Physical Asset Manager involves a range of tasks, including identifying and evaluating the needs of the organization with respect to physical assets, developing and implementing maintenance and repair schedules, negotiating contracts for the procurement of new assets, and monitoring and tracking the performance of existing assets. In addition, a Physical Asset Manager may be responsible for budgeting and forecasting for asset-related expenses, as well as ensuring compliance with relevant regulations and standards. Overall, the goal of a Physical Asset Manager is to ensure that the organization’s physical assets are in good condition and functioning efficiently, in order to support the organization’s business objectives.
What does an asset manager do?
Physical asset manager qualification
What is an example of a physical asset?
Why is it important to manage physical assets?
What is the physical asset?
What are types of assets?
Physical asset manager roles and responsibilities
Physical assets control