Loading...
 

definition-Asset

Definition:

An Asset is a potential Resource

Alternative Names

Concept Number: *581
English Master: Asset
Synonyms, Variations & Acronyms: noneXXXXXXX

Detailing

An Asset is anything that can potentially be used by a project or a System as a source of Resources. Assets are not necessarily being used, or planned used, as Resources at all, but they are potentially available, if needed.

An Asset for a Stakeholder is not necessarily owned by that Stakeholder.


Illustrations

none


Type

Design


Examples

none


Notes

1. Some Assets can give rise to Resources.

Examples:
NON-REUSABLE/CONSUMABLE Assets WITH THEIR RESPECTIVE RESOURCES

||ASSET|RESOURCE (RESOURCE Attribute)|A UNIT OF Measure FOR BOTH Asset AND RESOURCE
TIME|Elapsed Time|Hours
WAREHOUSE STOCK|Raw Material|Quantity/Day
STAFF|Effort|Work Hours
OFFICERS|Room Availability|Square Meters/Day
Financial Credibility|Credit/Loan/Low Interest|Money||


2. Assets can be owned and upgraded.

Examples:
“REUSABLE”/UPDATABLE Assets:
• DATAFILES/DATABASES: Input Data
Standards DOCUMENTATION: Standards
• STAFF: Knowledge
• OFFICES: Room Space

3. Processes can modify Assets: they can create Assets, and they can upgrade Assets.

4. Assets can also get transformed by a Process into some other thing: an upgraded Asset or better performance, improved Functionality, etc. For example, sell knowledge (an Asset) and get financial Resource.


Keyed-Icons

none


Drawn-Icons

none


Resource


History-of-Concept

none









This Concept entered by Diane O'Brien.

Created by system. Last Modification: Thursday 11 of July, 2019 13:37:29 CEST by Admin (Kai).
(Cached)

Concept Search