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  • ASTM
    E2495-18 Standard Practice for Prioritizing Asset Resources in Acquisition, Utilization, and Disposition (Redline)
    Edition: 2018
    $103.58
    Unlimited Users per year

Description of ASTM-E2495 2018

ASTM E2495-18

Redline Standard: Standard Practice for Prioritizing Asset Resources in Acquisition, Utilization, and Disposition




ASTM E2495

Scope

1.1 The asset priority index (API) establishes a quantitative process for prioritizing asset resources in acquisition, utilization, and disposition.

1.2 In addition to the applicability of moveable and durable assets as defined in this practice, this methodology is similarly used in the analysis of investments in buildings and building systems (see Practice E1765).

1.3 This practice offers instructions for performing one or more specific operations. This document cannot replace education or experience and should be used in conjunction with professional judgment. Not all aspects of this practice may be applicable in all circumstances. This ASTM standard is neither intended to represent nor replace the standard of care by which the adequacy of a given professional service must be judged, nor should this document be applied without consideration of a project’s many unique aspects. The word “Standard” in the title means only that the document has been approved through the ASTM International consensus process.

1.4 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.


Keywords

AHP; analytical hierarchy process; API; asset management; asset portfolio; asset priority; assets; equipment; equipment management; property; tangible assets;


ICS Code

ICS Number Code 03.100.01 (Company organization and management in general)


DOI: 10.1520/E2495-18

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About ASTM

ASTM International, formerly known as the American Society for Testing and Materials (ASTM), is a globally recognized leader in the development and delivery of international voluntary consensus standards. Today, some 12,000 ASTM standards are used around the world to improve product quality, enhance safety, facilitate market access and trade, and build consumer confidence. ASTM’s leadership in international standards development is driven by the contributions of its members: more than 30,000 of the world’s top technical experts and business professionals representing 150 countries. Working in an open and transparent process and using ASTM’s advanced electronic infrastructure, ASTM members deliver the test methods, specifications, guides, and practices that support industries and governments worldwide.
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