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Brought to you by Utah's LAP (Local Technical Assistance Program) Volume 15, Number 1 Winter (January) 2002 Asset Management Potential Tool to Assist in Homeland Security and Emergency Preparedness

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What is asset management--a potential tool?

Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets cost-effectively to support the delivery of services.

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Asset management is typically required to be filed by organizations or individuals who own or manage significant assets.

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Information that must be reported on asset management includes asset inventory, condition assessment, risk assessment, and maintenance records.

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