| Term | Definition |
|---|---|
| asset management |
Asset management is a strategic management discipline that includes:
Semantic EvolutionAsset management has traditionally focused on tangible assets, such as hardware and equipment. In recent years, however, increasing recognition of technology contributions to operational capabilities have driven the development of IT asset management disciplines that encompass systems, data, digital rights, and software. Governance and Risk Management ImplicationsAs a core component of operational governance, companies should define policies, procedures, and enforcement mechanisms for the effective use, control, and tracking of IT assets. |



Open IT Policy Project 

