Agencies undertake strategic asset planning within the Government’s Total Asset Management (TAM) Policy framework, which was introduced to achieve better planning and management of the State’s physical assets, both existing and newly acquired. Physical assets include items such as land, buildings, information technology, infrastructure, collections, equipment or fleet, owned or controlled by an agency as a result of past transactions or events, providing future economic benefits and having a definite business function or supporting the delivery of services.Wednesday, May 23, 2007
Capital Investment Strategic Planning
Agencies undertake strategic asset planning within the Government’s Total Asset Management (TAM) Policy framework, which was introduced to achieve better planning and management of the State’s physical assets, both existing and newly acquired. Physical assets include items such as land, buildings, information technology, infrastructure, collections, equipment or fleet, owned or controlled by an agency as a result of past transactions or events, providing future economic benefits and having a definite business function or supporting the delivery of services.