Significance and Use

This practice establishes expected outcomes associated with a property management system.

Care should be taken not to confuse tactics with the outcomes described in this practice. Tactics are a means to an end. Outcomes are an end.

What is being measured is achievement, not process.

This practice encourages an inclusive understanding and communication of the outcomes associated with a property management system. As additional standards are added, comparisons on this basis to other property management systems can be further enabled.

This practice, in combination with Practice E 2279 , may provide an enhanced basis for making decisions surrounding both property and property management systems.

This practice is intended to foster and enable additional standard practices related to or based on the terms and concepts in the outcomes and outcome components.

In particular, this practice may suggest a standard for personal and management skills useful in efforts to achieve these outcomes.

1. Scope

1.1 This practice describes expected outcomes associated with a property management system. It is a measure of achievement rather than process, and is descriptive rather than prescriptive.

1.2 Outcomes are defined as information, events, objects, or states of being produced as a result or consequence of a plan, process, accident, effort, or other similar action or occurrence.

1.3 An output measure is the tabulation, calculation, or recording of activity or effort and can be expressed in a quantitative or qualitative manner.

1.4 An outcome measure is an assessment of the results of a program activity compared to its intended purpose.

1.5 Consistent with Practice E 2452 , these outcomes are grouped into process management outcomes and operational outcomes.

1.5.1 Although they may be directly related, strategies and tactics should not be confused with outcomes. Strategies are long-term plans of action designed to achieve a particular goal. Tactics are maneuvers or actions calculated to achieve some end. For example, increasing exercise is a strategy to attain the goal or outcome of fitness. Running is a supporting tactic to achieve the goal or outcome of fitness. Other tactics or groups of tactics may achieve the same outcome. On the other hand, as the definition of outcome indicates, tactics are not required for attaining outcomes. For example, fitness may be an unplanned result of a job requiring physical exertion.

1.6 This practice describes the outcomes at a high level, with limited discussion of each outcome or components of each outcome. The intent is to provide a framework for current and potential additional standards. A cross reference relating current standards to the outcomes is provided in Section 5.

1.7 The outcomes further described in Section 5, are listed in the following:

1.7.1 Process Management Outcomes :

1.7.1.1 Outcome 1 Mission Support

1.7.1.2 Outcome 2 Accounting and Accountability

1.7.1.3 Outcome 3 Information Management

1.7.1.4 Outcome 4 Planning

1.7.1.5 Outcome 5 Relationships

1.7.2 Operational Outcomes :

1.7.2.1 Outcome 6 Property Functionality

1.7.2.2 Outcome 7 Resource Optimization

1.7.2.3 Outcome 8 Property Visibility

1.7.2.4 Outcome 9 Safety and Security

1.7.2.5 Outcome 10 Installation, Movement, and Storage

1.8 In Section 5, a rating scale is provided to quantify in a uniform manner achievement of outcomes and outcome components.

1.9 This practice, in combination with Practice E 2279 , clarifies and enables effective and efficient control and tracking of property and may provide an enhanced basis for making decisions surrounding both property and property management systems.

1.10 This practice is intended to be applicable and appropriate for all property-holding entities.

1.11 This practice covers tangible property as defined in Terminology E 2135 . Consistent with the nomenclature used, individual portions of the practice may be applicable to more limited subsets of tangible property, for example to equipment and not to material.

1.12 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use.

2. Referenced Documents (purchase separately) The documents listed below are referenced within the subject standard but are not provided as part of the standard.

ASTM Standards

E2131 Practice for Addressing and Reporting Loss, Damage, or Destruction of Tangible Property

E2132 Practice for Inventory Verification: Electronic and Physical Inventory of Assets

E2135 Terminology for Property and Asset Management

E2221 Practice for Administrative Control of Property

E2279 Practice for Establishing the Guiding Principles of Property Management

E2306 Practice for Disposal of Personal Property

E2378 Practice for the Recognition of Impaired or Retired Personal Property

E2379 Practice for Property Management for Career Development and Training

E2452 Practice for Equipment Management Process Maturity (EMPM) Model

E2453 Practice for Determining the Life-Cycle Cost of Ownership of Personal Property

E2495 Practice for Prioritizing Asset Resources in Acquisition, Utilization, and Disposition

E2497 Practice for Calculation of Asset Movement Velocity (AMV)

E2499 Practice for Classification of Asset Physical Location Information

E2605 Practice for Receiving Property

E2606 Practice for Receipt Notification as a Result of Tangible Property Movement

E2607 Practice for Cannibalization/Reclamation of Serviceable Equipment Components to Support Demand Requirements

E2608 Practice for Equipment Control Matrix (ECM)

Keywords

assets; asset management; equipment; moveable property; outcome components; outcomes; probability; property; property management; risk; risk assessment; risk management; tangible property;

ICS Code

ICS Number Code 03.060 (Finances. Banking. Monetary systems. Insurance)

DOI: 10.1520/E2675-09

ASTM International is a member of CrossRef.

ASTM E2675