Asset Decision

APPA > Asset Decision

Vision TCO analysis enables organizations to make efficient and effective use of their assets achieving desired goals and objectives.  This analysis requires clearly defined decision-making objectives and methodologies in order manage risk and resources delivering needed asset capabilities and performance enabling organizational goals and objectives achievement. Mission Development and delivery of a TCO analysis within a well-defined decision-making context and methodology will measurably advance achievement of organizational goals and objectives dependent on built assets. Purpose The purpose of this principle is to ensure risk and resource management activities are focused and well organized at every decision making level and integrated throughout the decision making spectrum in order to deliver mission enabling capabilities and performance most helpful to achieving desired organizational goals and objectives. When Required This principle is required whenever TCO is being used for decision making at any stage of the facility or asset life.