Asset management ASMG
(unchanged)
Managing the full life cycle of assets from acquisition, operation, maintenance to disposal.
SFIA 9 is in development
- SFIA 9 beta due in early July 2024
- SFIA 9 planned for publication October 2024
Guidance notes
(modified)
Assets to be managed include components such as, but not limited to, hardware, software, data, networking, cloud services, devices, intellectual property, licences and agreements, warranties.
The full life cycle includes acquisition, storage, distribution, movement and disposal of assets.
Asset management requires knowledge of financial, legal and technical processes, tools and techniques.
Activities may include, but are not limited to:
- providing information and advice to optimise value, control costs, manage risks, support decision-making and meet regulatory or contractual requirements
- providing advice on asset management includes areas such as, but not limited to, the maintenance of hardware assets, licensing of software, protection of intellectual property, and legal obligations
- using international standards for asset management
- integrating with security, change, and configuration management
- resolving issues and risks with unauthorised assets such as, but not limited to, unlicensed copies of software, cloud services, devices.
Understanding the responsibility levels of this skill
Where lower levels are not defined...
- Specific tasks and responsibilities are not defined because the skill requires a higher level of autonomy, influence, and complexity in decision-making than is typically expected at these levels. You can use the essence statements to understand the generic responsibilities associated with these levels.
Where higher levels are not defined...
- Responsibilities and accountabilities are not defined because these higher levels involve strategic leadership and broader organisational influence that goes beyond the scope of this specific skill. See the essence statements.
Developing skills and demonstrating responsibilities related to this skill
The defined levels show the incremental progression in skills and reponsibilities.
Where lower levels are not defined...
You can develop your knowledge and support others who do have responsibility in this area by:
- Learning key concepts and principles related to this skill and its impact on your role
- Performing related skills (see the related SFIA skills)
- Supporting others with tasks (generic examples are provided by the essence statements for each level)
Where higher levels are not defined...
- You can progress by developing related skills which are better suited to higher levels of organisational leadership.
Levels
Defined at these levels: | 2 | 3 | 4 | 5 | 6 |
Click to learn why SFIA skills are not defined at all 7 levels.
Show/hide extra descriptions and levels.
Level 1
Asset management: Level 2
(unchanged)
Uses agreed procedures to create and maintain an accurate register of assets.
Performs activities related to the administration of assets.
Produces routine reports to assist asset management activities and decision-making.
Asset management: Level 3
(unchanged)
Applies tools, techniques and processes to create and maintain an accurate asset register.
Produces reports and analysis to support asset management activities and aid decision-making.
Asset management: Level 4
(unchanged)
Controls assets in one or more significant areas ensuring that administration of full life cycle of assets is carried out.
Produces and analyses registers and histories of authorised assets and verifies that all these assets are in a known state and location.
Acts to highlight and resolve potential instances of unauthorised assets.
Asset management: Level 5
(unchanged)
Manages and maintains the service compliance of IT and service assets in line with business and regulatory requirements.
Identifies, assesses and communicates associated risks.
Ensures asset controllers, infrastructure teams and the business co-ordinate and optimise value, maintain control and maintain appropriate legal compliance.
Asset management: Level 6
(unchanged)
Sets the strategy for asset management across the organisation.
Communicates the policy, governance, scope, and roles involved in asset management.
Promotes awareness of and commitment to the role of asset management in the continuing economic and effective provision of services. Provides information and advice on complex asset management issues.
Initiates impact assessment arising from decisions to obtain, change or continue the possession or use of an asset, system or service.