![header thumbnail](/images/publishers\astm_cover.gif)
ASTM E 2279 : 2020
Current
The latest, up-to-date edition.
![header thumbnail](/images/publishers\astm_cover.gif)
Standard Practice for Establishing the Guiding Principles of Property Asset Management
Hardcopy , PDF
English
01-08-2020
Committee |
E 53
|
DocumentType |
Standard Practice
|
Pages |
5
|
PublisherName |
American Society for Testing and Materials
|
Status |
Current
|
Supersedes |
1.1This practice covers the creation of a set of guiding principles that, when adopted, is endorsed by top management to be applied to the practice of property management. These principles will enunciate the objectives and intent of the property (also known as “asset”) management community, stress simplified procedures, promote less rather than more, judgment rather than “by-the-book” decisions, and encourage the adoption of “best practices.”
1.2The acceptance of these guiding principles provides the high potential of improved internal controls and governance. It promotes a problem-solving mentality and culture within the property management community, encourages the use of innovative and cost-effective practices, creates greater commonality between government and industry practices, and increases the ability of organizations to respond to changing needs and business conditions.
1.3This practice adopts the concept that the potential benefits of operating in a manner consistent with a set of standards and guidelines outweigh concerns about the loss of predictability, uniformity, and consistency.
1.4This practice provides property management standards and guidance that may be used for various types of property including tangible, intangible, personal, and real.
1.5This 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, health, and environmental practices and determine the applicability of regulatory limitations prior to use.
1.6This 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.
ASTM E 2131 : 2016 | Standard Practice for Addressing and Reporting Losses of Tangible Property |
ASTM E 2607 : 2021 | Standard Practice for Cannibalization/Reclamation of Serviceable Equipment Components to Support Demand Requirements |
ASTM E 2131 : 2016 : R2022 | Standard Practice for Addressing and Reporting Losses of Tangible Property |
ASTM E 2607 : 2008 : R2013 | Standard Practice for Cannibalization/Reclamation of Serviceable Equipment Components to Support Demand Requirements |
ASTM E 2135 : 2022 | Standard Terminology for Property and Asset Management |
ASTM E 2132 : 2001 | Standard Practice for Physical Inventory of Durable, Moveable Property |
ASTM E 2135 : 2010 : REV A : R2017 : EDT 1 | Standard Terminology for Property and Asset Management |
Access your standards online with a subscription
Features
-
Simple online access to standards, technical information and regulations.
-
Critical updates of standards and customisable alerts and notifications.
-
Multi-user online standards collection: secure, flexible and cost effective.