ASSET MANAGENT IN

BUILDING SURVEYING
PRACTICES

Sr. Wan Samsul Zamani Wan Hamdan, MISM

Senior Lecturer
Building Surveying Department
Faculty of Architecture, Planning & Surveying
University of Technology MARA Perak

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Introduction
Asset Management Terminology & Definition
Corporate Real Estate Asset Management
Public Sectors Asset Management Guidelines
Benefits of Good Asset Management
Emergence of Public Sector Asset Management
Best Practices of Asset Management
Malaysian Public Sector Asset Management
Malaysia Total Asset Management Manual

Business Process for Assets

& Supporting Activity

PRINCIPLE OF ASSET
MANAGEMENT IN MALAYSIA
Five (5) principle of the Malaysian Asset Management Policy in Total Asset
Management Malaysia (TAMM) 2009 :
The need for better services delivery is the main focus towards any decision
making regarding the assets.
Asset planning and management should be integrated with the agencys
business and corporate planning, financial budgeting and reporting process.
Decision on asset management should be based on the alternative evaluation
taking into account asset life cycle costing, benefit and risk in owning an asset.
Ownership, controlling, accountability and standards of reporting must be
developed, implemented and clearly presented.
Asset management activities should be based on the Malaysian Total Asset
Management Policy.