Organizations rely on assets every day — but too often lack the information and processes needed to make confident, informed decisions.
Advanced Asset Management provides a practical roadmap for turning asset information into decisions that balance cost, risk, performance, and service delivery.
This comprehensive guide connects asset inventories, condition assessments, risk analysis, maintenance strategies, lifecycle planning, governance, and capital investment planning into a single, integrated decision-making process.
Each chapter builds on the last. Read it front-to-back for the complete framework, or dip in when a specific decision lands on your desk.
Three short passages from three different chapters. Plain-spoken. Practitioner-first. The tone of the whole book.
Reactive operation does not announce itself; it accumulates quietly, year over year, until a single failure surfaces a decade of accepted risk all at once. The failure itself is rarely the problem. It is merely the moment when years of deferred decisions become visible.
Industry references consistently estimate that operations and maintenance account for 60–80% of an asset’s total cost of ownership over its service life — which means that the strategies governing sustainment have more cumulative financial leverage than nearly any other asset management decision.
Systems do not create an asset management approach; they reflect it. A disciplined organization with a basic CMMS outperforms an undisciplined organization with a sophisticated EAM, every time. The system can scale a discipline that exists; it cannot manufacture one that doesn’t.
Click any part to expand; click any chapter to see its sub-sections. Read straight through, or dip in.
Published by Whites Elm. Pick your format — all three land on Amazon.
ISBN 979-8-19976-192-5 · Published by Whites Elm
Scott is an asset management consultant, speaker, author, and founder of Whites Elm Consulting. For more than three decades, he has helped organizations across education, utilities, manufacturing, government, and infrastructure sectors improve asset performance, reduce risk, and make informed investment decisions.
His experience spans asset management strategy, facilities management, enterprise asset management systems, capital planning, maintenance optimization, and organizational transformation — the same ground the book walks the reader through.
Reading it will sharpen how you think about asset decisions. Working with Whites Elm turns those ideas into a program your team actually runs after we’re gone.
