Most importantly, GIS utilised as an asset manager not only optimises management, but it provides accurate physical details of the asset for processing and most importantly, for maintenance. GIS can also be used to locate the mishaps of a system or a network in order to repair it. GIS can be used s a predictive tool as well.
What Is The Relationship Between GIS And Asset Management?
Due to the fact of GIS being the smartest way to manage assets, it has been the cause of generating productivity and efficiency gains. By using GIS, property owners, as well as large-scale property owners, could analyse each of their assets for tracking, maintenance, acquisition, and capital equipment.
How Do I Utilise GIS In Optimising Asset Management?
Know Your Assets
Here are a few terms that are important when assigning a value to the assets:
- Current replacement value- the cost of replacing an asset at present
- Performance in use- the value is prescribed to the actual asset for the user.
- Large-scale companies manage their assets by storing the historical cost of assets and raising the cost to the present value, which means they do not have the “worth” but only the cost of the asset.
An asset manager should have a clear view of the building when inspected, and in comparison, to the other buildings in the portfolio. This will provide basic data on the rest of the buildings. Any changes that take place on or in the building should always be informed and known by the asset manager. Maintenance needs to be kept at a steady pace as well.
The buildings in the portfolio are known and their statuses are updated, it’s time to identify the buildings or assets that need maintenance, repairs, or reinvestments. However, the plans made to fill the requirements will also be required to fill the policy requirements as well and from there on, the maintenance can be done.
Data Collection And Management
The asset manager must be fed with accurate pictures that fit the descriptions of the portfolio as well as the maintenance and repair proposals. The data is directly related to their physical location on the map. This is why the accuracy of the geospatial data plays a crucial role when entering the data into the asset manager. Satellite imagery is widely used in Geo-Spacing Assets.