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Name: Technical Standards and Legislation
Acronym:
Type: Glossary Item


Definition:
The process used by an organization to ensure all its activities, including Asset Management activities, are compliant with relevant technical standards, regulations, and legislation.

Statement:

Technical standards, regulations and legislation must be considered in the context of the Asset Management organisation's physical jurisdiction, business environment, industry and nature of the stakeholders serviced by the organization.




Resource:
  • Reference
    • The Asset Management Landscape ISBN 978-0-9871799-1-3

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