ASTM E2675-22
Standard Practice for Asset Management System Outcomes

Standard No.

ASTM E2675-22

Release Date

2022

Published By

American Society for Testing and Materials (ASTM)

Latest

ASTM E2675-22

Scope

1.1 This practice describes expected outcomes associated with an asset management system. It is a measure of achievement rather than process and is performance oriented rather than design oriented. 1.2 Outcomes are defined as information, events, objects, or states of being produced as a result or consequence of an objective, plan, process, accident, effort, or other similar action or occurrence and can be expressed in a quantitative or qualitative manner. 1.3 An output measure is the tabulation, calculation, or recording of activity or effort and can be expressed in a quantitative or qualitative manner. For example, an output is driving 100 mph; an outcome is arriving safely. 1.4 An outcome measure is an assessment of the results of a program activity compared to its intended purpose. This practice assumes that inputs are correlated to known or declared outputs of the system or system component being assessed. 1.5 Consistent with Practice E2452 (EMPM), these outcomes are grouped into process management outcomes and operational outcomes. 1.5.1 Although they may be directly related, strategies and tactics should not be confused with outcomes. Strategies are long-term plans of action designed to achieve a particular goal. Tactics are maneuvers or actions calculated to achieve some end. For example, increasing exercise is a strategy to attain the goal or outcome of fitness. Running is a supporting tactic to achieve the goal or outcome of fitness. Other tactics or groups of tactics may achieve the same outcome. On the other hand, as the definition of outcome indicates, tactics are not required for attaining outcomes. For example, fitness may be an unplanned result of a job requiring physical exertion. 1.6 This practice describes the outcomes at a high level, with limited discussion of each outcome or components of each outcome. The intent is to provide a framework for current and potential additional standards. A cross reference relating current standards to the outcomes is provided in Section 5. 1.7 The outcomes further described in Section 5 are listed in the following: 1.7.1 Process Management Outcomes: 1.7.1.1 Outcome 1—Mission Support 1.7.1.2 Outcome 2—Accounting and Accountability 1.7.1.3 Outcome 3—Information Management 1.7.1.4 Outcome 4—Planning 1.7.1.5 Outcome 5—Relationships 1.7.2 Operational Outcomes: 1.7.2.1 Outcome 6—Asset Functionality for Intended Purpose 1.7.2.2 Outcome 7—Resource Optimization 1.7.2.3 Outcome 8—Asset Visibility 1.7.2.4 Outcome 9—Safety and Security 1.7.2.5 Outcome 10—Installation, Movement, and Storage 1.8 In Section 5, a rating scale is provided to quantify in a uniform manner achievement of outcomes and outcome components. 1.9 This practice, in combination with Practice E2279, clarifies and enables effective and efficient control and tracking of assets and may provide an enhanced basis for making decisions surrounding both property and property management systems. 1.10 This practice is intended to be applicable and appropriate for all asset-holding entities. 1.11 This practice covers tangible assets and tangible property as defined in Terminology E2135. Consistent with the nomenclature used, individual portions of the practice may be applicable to more limited subsets of tangible assets, for example, to equipment and not to material. 1.12 This practice assumes competence and subject matter expertise of those performing the assessment and those being assessed. (For example, as specified in the GAO Yellow Book.) The use of professional judgment by asset management professionals is required to achieve desired outcomes. 1 This practice is under the jurisdiction of ASTM Committee E53 on Asset Management and is the direct responsibility of Subcommittee E53.01 on Process Management. Current edition approved Feb. 1, 2022. Published March 2022. Originally approved in 2009. Last previous edition approved in 2014 as E2675–09 (2014). DOI: 10.1520/E2675-22. Copyright © ASTM International, 100 Barr Harbor Drive, PO Box C700, West Conshohocken, PA 19428-2959. United States This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee. 1 1.13 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use. 1.14 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.

ASTM E2675-22 Referenced Document

• ASTM E2131 Standard Practice for Addressing and Reporting Losses of Tangible Property*， 2022-08-01 Update
• ASTM E2132 Standard Practice for Inventory Verification: Electronic and Physical Inventory of Assets
• ASTM E2135 Standard Terminology for Property and Asset Management*， 2022-06-01 Update
• ASTM E2279 Standard Practice for Establishing the Guiding Principles of Property Asset Management
• ASTM E2306 Standard Guide for Disposal of Personal Property Assets
• ASTM E2378 Standard Practice for the Recognition of Impaired or Retired Property Assets
• ASTM E2452 Standard Practice for Equipment Management Process Maturity (EMPM) Model
• ASTM E2453 Standard Practice for Estimating the Life-Cycle Cost of Ownership of Property Assets
• ASTM E2495 Standard Practice for Prioritizing Asset Resources in Acquisition, Utilization, and Disposition
• ASTM E2497 Standard Practice for Calculation of Asset Movement Velocity (AMV)
• ASTM E2499 Standard Practice for Classification of Asset Location Information
• ASTM E2604 Standard Practice for Data Characteristics of Personal Property Asset Record*， 2024-04-21 Update
• ASTM E2605 Standard Practice for Receiving Assets
• ASTM E2606 Standard Practice for Receipt Notification as a Result of Tangible Asset Movement
• ASTM E2607 Standard Practice for Cannibalization/Reclamation of Serviceable Equipment Components to Support Demand Requirements*， 2024-04-21 Update
• ASTM E2608 Standard Practice for Equipment Control Matrix (ECM)
• ASTM E2631 Standard Practice for Physical Placement of an Entity-Controlled Supplemental Identification Label
• ASTM E2671 Standard Practice for Defining Movements, Shipments, and Transfers of Tangible Property*， 2024-04-21 Update
• ASTM E2672 Standard Practice for Identification and Categorization of Tooling
• ASTM E2676 Standard Practice for Tangible Property Mobility Index (MI)
• ASTM E2715 Standard Practice for Moveable Property Storage
• ASTM E2811 Standard Practice for Management of Low Risk Property (LRP)
• ASTM E2812 Standard Practice for Uniform Data Management in Asset Management Records Systems
• ASTM E2858 Standard Practice for Sales of Personal Property
• ASTM E2936 Standard Guide for Contractor Self-Assessment for U.S. Government Asset Management Systems
• ASTM E2962 Standard Guide for Fleet Management
• ASTM E3015 Standard Guide for Management of Customer-Owned Property Assets in Possession of Supplier, Contractor or Subcontractor
• ASTM E3056 Standard Guide for Strategic Warehousing
• ASTM E3140 Standard Guide for Asset Management Career Development, Education, and Training
• ASTM E3173 Standard Guide for Decommissioning and Disposal of Medical Equipment
• ASTM E3210 Standard Practice for Infrastructure Management
• ASTM E3221 Standard Guide for Motorized Equipment
• ISO 55000 Asset management - Overview, principles and terminology

ASTM E2675-22 history

• 2022 ASTM E2675-22 Standard Practice for Asset Management System Outcomes
• 2009 ASTM E2675-09(2014) Standard Practice for Property Management System Outcomes
• 2009 ASTM E2675-09 Standard Practice for Property Management System Outcomes