Asset management is the process of safeguarding, maintaining, and upgrading an organization's assets to help achieve its vision or mission. These policies are often created at the start of a business but can be updated as necessary. This process will be done according to company policy and best practices to maximize the return on investments while minimizing risk. Template details: The uses of this template are: The template helps you with budgeting, planning, acquisition, maintenance, and disposal practices for all your company's assets. It provides a great way to keep track of assets that have been purchased and their location and condition. Format: MS Word Features: The sections of this template are: Overview Purpose Scope Policy Application of Policy Roles and Responsibilities Inventory of Assets Commitment to continuous improvement and compliance