https://www.123articleonline.com/rss/author/439294/amanda-grayArticles written by Amanda Gray from 123ArticleOnline.comen-usCopyright (c) 123ArticleOnline.com All rights reserved. https://www.123articleonline.com/articles/1480324/asset-management-a-risk-based-approach In today's complex business environment, managing assets isn't just about maintenance-it's about managing risk. A risk-based asset management approach combines asset oversight with risk evaluation to prioritize resources, boost efficiency, and enhance resilience. Aligned with ISO 55001, this strategy helps organizations identify critical assets, assess vulnerabilities, and respond proactively using tools like IoT and AI. The result? Smarter decisions and sustained performance.