Asset Management
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def
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the lifecycle of tracking organizational assets from acquisition through disposal
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stages
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acquisition/procurement — the purchasing process: a user request (with budgeting/approvals), supplier negotiation, then purchase/invoice/payment
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assignment/accounting — a central tracking system; ownership associates a person with an asset; classification distinguishes hardware (capital expenditure) from software (operating expenditure)
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monitoring/asset tracking — inventorying every asset (laptops, servers, routers, cables, etc.); enumeration lists all parts of an asset (CPU, memory, storage, etc.); asset tags (barcode, RFID, tracking number) support this
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disposal
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related