Managed Assets
Manage I&T assets throughout their lifecycle to ensure their use delivers value at optimal cost, remains operational (fit for purpose), and is accounted for and physically protected. Ensure that assets that are critical to supporting serviceability are reliable and available.
Manage software licenses to ensure that the optimal number is acquired, retained, and deployed against required business use and that installed software complies with license agreements.
objective
Account for all I&T assets and optimize the value provided by their use.
Management Practices
BAI09.01 – Identify and record current assets
Maintain an up-to-date and accurate record of all I&T assets that are required to deliver services and that are owned or controlled by the organization with the expectation of future benefit (including resources with economic value, such as hardware or software). Ensure alignment with configuration management and financial management.
BAI09.02 – Manage critical assets
Identify assets that are critical in providing service capacity. Maximize their reliability and availability to meet business needs.
BAI09.03 – Manage the asset lifecycle
Manage assets from acquisition to disposal. Ensure assets are utilized as effectively and efficiently as possible and are accounted for and physically protected until they are properly retired.
BAI09.04 – Optimize asset value
Regularly review the overall asset base to identify ways to optimize value based on business needs.
BAI09.05 – Manage licenses
Manage software licenses to maintain the optimal number of licenses and meet business requirements. Ensure that the number of licenses owned is sufficient to cover the installed software in use.
Skills
Asset Management (ASMG)
The lifecycle management of all managed assets (hardware, software, intellectual property, licenses, warranties, etc.), including security, inventory, compliance, use and disposal, with the aim of protecting the corporate asset portfolio, optimizing total cost of ownership and sustainability, minimizing operating costs, improving investment decisions and capitalizing on potential opportunities. Knowledge and use of international standards for asset management and close integration with security, change and configuration management are examples of improved asset management development.
Systems Installation/Decommissioning (HSIN)
The installation, testing, implementation or decommissioning and removal of cabling, wiring, equipment, hardware and associated software, following plans and instructions and in accordance with agreed standards. The testing of hardware and software components, troubleshooting and recording of results. The reporting of details of installed hardware and software so that configuration management records can be updated.
Translated by 4MATT Technology from the original Process Symphony: Assets Management - BAI09 (COBIT2019)