Asset management in electrical utilities: how many facets it actually has

The main contribution of this paper is a unified picture of technical asset management-related activities in utilities, with their relationships, shown on a map. The explicit relationships represent those aspects that particularly support the asset management process. This brings into focus the importance of supporting information technology (IT) and standards. In general, our map represents some of the many facets of asset management, and our hope is that it can contribute to the demystification of asset management, usually referred to as everything and nothing in particular. The paper also provides a number of references which helped to identify some pieces of the asset management puzzle.