Asset & Facilities Risk Management

ARM gives confidence to asset managers and provides an enterprise-wide auditable view. For the board, ARM demonstrates that shareholder value around assets is being maximized but also provides the solid information to prove that personal legal responsibilities are being met and business continuity issues are addressed. ARM enables:

the linking of risks to asset breakdown structures
the handling of insurance and fallback plans in the event of asset failure
the management of controls around key assets from procurement to maintenance to retirement
the linking of compliance risks to assets
the effective identification and management of both known and emerging risks

ARM has been developed to address the specific needs of Asset and Facilities Risk Management all within the wider project, program and enterprise context of ERM. ARM improves compliance to regulatory requirements and adherence to company policies and procedures.

ARM also addresses specific asset management standards such as PAS55, which look at methods to deliver against corporate objectives by focusing on how these objectives link to the assets of the business.

Business Continuity & Crisis Management

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