We developed the Anatomy to provide an appreciation of asset management: what it is, what it can achieve, the scope of the discipline, and a description of the underlying concepts and philosophy. It also describes the knowledge, skills and attitudes that support it.

Purpose of the Anatomy

The ‘Anatomy’ is a good introduction for people seeking to understand asset management. It is intended to:

• Explain the asset management approach and introduce the Asset Management Subjects;
• Help individuals see how asset management can assist their professional development, and integrate their contribution with the work of colleagues and other teams; and
• Help organizations decide whether to adopt asset management or how to improve their asset management capabilities.

Work is progressing to translate the Anatomy, and as the translations become available, they will be released and published here.

To learn more about Version 4 of the Anatomy, register for this free webinar: New IAM Asset Management Anatomy Webinar

“Modern society is heavily reliant on physical assets in order to function. They play a critical role in sustaining human life, supporting economic growth, and providing security. …Managing assets so they can provide products and services now and into the future is a core part of the discipline known as asset management.”
Asset Management – an anatomy

Background
We know that previous versions of the Anatomy have been read and used by a wide range of individuals across business, academia, government (central and local) and not-for-profit organizations in many countries.

The first version was published in 2011 and revised in 2014 and 2015. Version 4 has been extensively developed, taking into account the evolution of asset management since 2015 and how asset management as an integrative discipline is supporting the big global challenges and opportunities. It represents considerable intellectual contributions from a wide variety of people worldwide. We would like to thank everyone involved, particularly those named in the document.