a commitment to measurable outputs.
The first key principle of asset management is that an organisation and its assets must have an "output focus". This focus on the delivery of an output must be matched to the organisational objectives as described in agreed policies, strategies and plans. These business objectives will usually be defined in the external agreements that the organisation has committed itself to achieve.
These outputs may be defined in a variety of ways where each can be measured in an agreed manner so that it is clear whether the output or service was actually delivered.