: Covering all stages of an asset's life, from initial business appraisal and acquisition to in-service management and final disposal.
: Shifting the focus from "least cost" maintenance to gaining "maximum sustainable value" from operations. Physical Asset Management Handbook John S. Mitchell Pdf
The handbook provides practical descriptions of several critical PAM components: : Covering all stages of an asset's life,
: Strategies for establishing ownership, aligning objectives across departments, and managing cultural change. aligning objectives across departments