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An Asset represents material property that may be purchased, stored, moved, installed, or otherwise used, repaired or disposed.

In the context of

...

InfraLink, it is important to distinguish between an Asset and a System Element.

System Elements represent the functional decomposition of the System, typically reflected in the System design (e.g., single-line drawings, logical diagrams), and each System Element has a specific function and Location.

Assets are the physical components that are installed against (i.e., associated with) the System Element. An Asset typically has a make, model, and serial number.

The following chart illustrates some differences between the characteristics of System Elements and Assets:

CharacteristicSystem ElementAsset

Has installation location

Yes, optional

Optional, Inherited from the associated System Element. 

Has operational status (Up, Down, etc), may be monitored

Yes

No

May be controlled

Yes

No

May be subject of a Preventive Maintenance

Yes

No

Has manufacturer, model

Defined by installed Asset

Yes

Has purchase date and other procurement information

No

Yes

Has warranty

No

Yes

Replaced when physical hardware fails

No

Yes

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