Summary
Asset management activities and practices attempt to optimally manage assets, and their associated performance, risks and expenditures over their life cycle for the purpose of achieving the required quality of service in the most cost-effective manner. In this process, asset managers develop and assess operating and capital budgets for mid and long terms for asset sustainment and grid development. The timing of when to make these investments within the planning horizon also needs to be determined due to obsolescence, unprofitable use or unacceptable business risk.
Additional informations
| Publication type | Electra |
|---|---|
| Reference | ELT_262_2 |
| Publication year | 2012 |
| Publisher | CIGRE |
| File size | 416 KB |
| Pages number | 6 |
| Price for non member | 20 € |
| Price for member | Free |
Authors
BEGOVIC, FLETCHER, NIZOVOY, MELO, PITMAN, NAZAROV, CASSINOTTI, CASSINOTTI, ROUCA
