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Global Forum on Maintenance & Asset Management (GFMAM)
The Global Forum on Maintenance and Asset Management is the author of the Asset Management Landscape and competency specification, which outlines the 39 subject areas (facets) of asset management.

      Strategy and Planning

      Decision Making
  • Capital Investment Decision making (6)
  • Operations & Maintenance Decision-Making (7)
  • LIfecycle Value Realization (8)
  • Resourcing Strategy (9)
  • Shutdown and Outage Strategy (10)
      Life cycle Activities
  • Technical Standards & Legislation (11)
  • Creation and Acquisition (12)
  • Systems Engineering (13)
  • Configuration Management 14)
  • Maintenance Delivery (15)
  • Reliability Engineering (16)
  • Asset Operations (17)
  • Resource Management (18)
  • Shutdown and Outage Management (19)
  • Fault and Incident Response (20)
  • Decommissioning and Disposal (21)
      Asset Information
  • Information Strategy (22)
  • Information Standards (23)
  • Information Systems (24)
  • Data & Information Management (25)
      People & Organization
     Risk & Review
  • Risk Management (31)
  • Contingency & Resilience Planning (32)
  • Sustainability (33)
  • Change Management (34)
  • Asset Health Monitoring (35)
  • System Monitoring (36)
  • Review and Audit (37)
  • Costing and Evaluation (38)
  • Stakeholder Engagement (39)
Three sets of international documents on asset management - ISO 55000, IAM Anatomy and GFMAM Landscape
Fig. Three sets of international documents on asset management - ISO 55000, IAM Anatomy and GFMAM Landscape.


Conceptual models provide a high-level framework for sense-making of the numerous elements of asset management and how these elements interact over asset life cycles
Fig. Conceptual models provide a high-level framework for sense-making of the numerous elements of asset management and how these elements interact over asset life cycles. Some insightful models have been developed by learned societies and organizations around the world, such as the GFMAM.

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