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Individuals wishing to use the "Maintenance Management Professional" (MMP) designation must complete a 225-hour training program made up of 8 courses, apply for certification from PEMAC and be a member in good standing of the Plant Engineering and Maintenance Association of Canada. Prior learning recognition is available for up to 6 of the courses.
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets).
The American Public Works Association publication, Special Report #62, describes the use and value of facility condition rating systems in Chapter 3.6. Within the US Federal Government, the "condition index" (CI) is a general measure of the constructed asset's condition at a specific point in time. [2]
Enterprise asset management (EAM) involves the management of the maintenance of physical assets of an organization throughout each asset's lifecycle. EAM is used to plan, optimize, execute, and track the needed maintenance activities with the associated priorities, skills, materials, tools, and information. [1]
MFA, (formerly Managed Funds Association), is a Washington, DC–based industry group representing the alternative asset management industry. It was founded in 1991 and is considered a leading financial services trade association. The association describes itself as advocating for "public policies that foster efficient, transparent, fair ...
Infrastructure asset management is a specific term of asset management focusing on physical, rather than financial assets. Sometimes the term infrastructure management is used to mean the same thing, most notably in the title of The International Infrastructure Management Manual (2000, 6th edition).
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