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From page 26... ...
26 Asset management (AM) as defined by PAS 55 -- Systematic and coordinated activities and practices through which an organization optimally and sustainably manages its assets and asset systems, their associated performance, risks, and expenditures over their life cycles for the purposes of achiev ing its organizational strategic plan.
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From page 27... ...
27 Preventive maintenance -- A schedule of planned mainte nance actions aimed at the prevention of breakdowns and failures. Rebar -- The reinforcing barribbed steel bars installed in foundation concrete walls, footers, and pouredinplace concrete structures.
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