Throughout the Stone Age and all of human history, intentionally crafted assets (engineered assets) have contributed to our daily lives, persistently playing a pivotal role in enhancing our lives and contributing to our progress as a society.

Engineered assets encompass a wide range of human-built items, from smartphones, household appliances, industrial plants and public infrastructure to more complex and sophisticated functional systems. Engineering Asset Management involves all activities needed to sustain the value and functionality of an engineered asset throughout its life. This includes processes for managing the acquisition, utilisation, and retirement of an engineered asset optimally, considering factors like the economy, ecology, environment, ergonomics, technical integrity, regulatory compliance, business performance, and sustainability.

The management of an engineered asset, such as an aeroplane, an electricity substation, an earthmoving machine, a telecommunications satellite, a space station, or a water and sewerage treatment plant, requires the integration of knowledge across many traditional and emerging disciplines. The challenge is to develop clear and consistent methods for managing different engineered assets based on a comprehensive body of knowledge across disciplines.

• Asset and Maintenance Management in State-owned infrastructure
• Asset acquisition and investment decisions
• Asset operation, maintenance and retirement
• Performance evaluation and sustainability of assets and asset systems
• Effects, impacts and influences of technologies and innovation on the management of assets

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