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Asset Management

Asset Management

Farnsworth Group’s Asset Management strategies help take the guesswork out of facility and infrastructure management.

Oftentimes facility owners do not know exactly what systems they have, cannot characterize asset condition to make sound decisions, and have no basis to assess current or future financial needs.

Through Farnsworth Group’s asset management approach, our clients can better manage both horizontal and vertical infrastructure to optimize life-cycle costs and facilitate asset preservation. Developing an asset management plan will help ensure long-term sustainability of assets, optimize system performance and lower ownership costs. Our established asset management program enables an organization to create a framework for improving their asset management practices at a pace that meets their needs.

Farnsworth Group’s proven process will develop an effective asset management system that provides an accurate inventory of assets and enables clients to reliably forecast asset conditions; develop maintenance, rehabilitation, and replacement plans; plan and budget for capital improvements; and generate critical reports. Take the guesswork out of facility management, and let asset management work for you.

Areas of Expertise

Asset management plan development, implementation, and training

Asset inventory and mapping

Capacity, management, operations, and maintenance (CMOM) compliance

Capital improvement and renewal planning

Compliance and gap assessments

Condition assessment, valuation, and useful life determination

Construction management

Consulting and program management

Data collection

Draft ISO 55000 analysis and implementation

Financial analyses and reporting

Implementation and training

Linear segmented assets

Maintenance management planning

Performance modeling


Software and management system implementation

Strategic planning

System design and development


/ For more information regarding asset management, contact toneill [at] (Tom O'Neill, PE.)target="_blank" title="Tom O'Neill"


Asset Management