The Good Practice Guide on Facilities and Asset Management has been launched at Day 1 of Ideaction.

The Good Practice Guide on Digital Facility & Asset Management is a joint publication by the Facility Management Association of Australia (FMA) and the Sustainable Built Environment National Research Centre (SBEnrc).

Asset management is the systematic process of deploying, operating, maintaining, upgrading and disposing of built environment assets.

Effective asset management requires the involvement of all levels of an organisation to plan, control and monitor asset performance. This combines management, financial, economic and other activities and practices to deliver optimal whole-of-life outcomes.

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