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2 - Asset - Exchange Asset (ER)
Added by Jeffrey Wix, last edited by Jeffrey Wix on Mar 14, 2007  (view change)
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Asset

Provides for the collection of all information about the asset.
For technical detail, refer to fp_model_asset
All of the following information can be asserted through the functional part but is identified in sub-groups for convenience.

Identification

Set the globally unique identifier and owner history for the asset.
These should be handled directly by the software application and should not require action by the user.
Set the value of the asset identifier.
Note that the asset identifier is not the same thing as the globally unique identifier of the asset.
Provide a 'familiar' name for the asset by which it may be further identified in the asset register.
Note that the name need not be unique so could be used as an informal way of defining asset supergroups.
Provide a description for the asset to further qualify the asset information within an asset register.

Date

Set the date on which the asset was incorporated into the project. This should include the day, month and year.
Incorporation is taken here to mean the date from which the asset started depreciating and will generally be considered to be the same as the date at which construction/ erection/ installation was completed.

Cost

Define the original value of the asset
Original value should be asserted as the value or cost of the asset at the time when the initial asset register entry was created.
Define the current value of the asset
Current value should be asserted as the cost of the asset if purchased at the present time.
Define the total replacement cost of the asset
Total replacement cost should be asserted as the cost of completely replacing the asset and including all work associated with such replacement.
Define the depreciated value of the asset
Depreciated value is the current value of the asset related to the date of incorporation and taking into account the discount rate over the intervening period.

Actor

Identify the owner of the asset
The owner may be either a person or an organization.
Identify the user of the asset
This should be the primary user of the asset which may be an organization (lessee, tenant etc.), an organizational unit (department, division etc.), or an individual person.
Identify the person responsible for the asset
Typically, this is the point of contact for the asset and is a person.

Location

The location of an asset is determined by the location of the elements that make up the asset. At least one of the elements in an asset group must therefore have an asserted location.

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