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Business processes include :
1. KNOW your asset strategy and
understand the improvement plan
2. KNOW what assets you have and where
they are
3. KNOW the condition and the latest value
of your assets
4. KNOW what work must be performed on
your assets and Depreciation
5. KNOW what human resources are
required to perform work on your assets
6. KNOW what special resources and spares
are required to perform work on your
assets
7. KNOW that you are getting optimum
performance from your assets
8 KNOW how to plan for and acquire new
assets and dispose of old assets
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