The Lifecycle

The lifecycle of the asset needs to be considered when bringing any asset into the organisation:
  • Acquisition - Requisitioning, approving requisitions, ordering, receiving, validating orders, tagging assets, initial entry of asset information in a repository,
  • Deploy - Includes the tagging assets, entering asset information in a repository, configuring and installing assets.
  • Manage - Includes inventory/counting, monitoring usage (some software), managing contracts for maintenance and support, and monitoring age and configuration.
  • Dispose - This is removing assets from service, deleting storage contents, disassembling components for reuse, surplusing equipment, terminating contracts, disposing of equipment, and removing asset from active inventory.
  • Plan - Could include defining supporting processes, setting standards for configuration and retention, aligning purchase plans to business goals, collecting aggregate information on intended purchases, and negotiating volume discounts.

What We Bring ITAM Benefits Roadmap