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|One of three primary clases of assets, forming the L-V-P triad.
A term sometimes used to refer to buildings and facilities as opposed to linear assets being things like roadways and storm sewers and portable assets.
Vertical assets have the following general attibutes:
Vertical assets have the following classifiation challenges:
Listed below are some of the key management principles associated with vertical assets.
Fig. Examples of some vertical assets (facilities) on a university campus.
Fig. The triad of L-V-P asset: Linear (L), Vertical (V) and Portable (P).
Fig. Comparison of the L-V-P asset ratios at different organizations.
Fig. Comparison of the L-V-P Ratios across different real estate sectors.
Fig. The hierarchy of assets as contemplated in the ISO 55001 standard for asset management. The detailed asset classification scheme and granularity is determined by the organization's objectives and nature of the assets.
Fig. I. Care trying to integrate the linear assets, vertical assets and portable assets in his portfolio.
Fig. Asset hierarchy extending across all asset classes with vertical assets (V) falling within the class of built assets.
Fig. Matrix of the different attributes of vertical assets, linear assets and portable assets.
Fig. Matrix of assessment tools for vertical assets, linear assets and portable assets.
Fig. Example of the N-L-V-P asset classification scheme in a municipal setting.
Fig. Street view of a low-rise building.
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