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10.4 - Dispose of assets

PCF ID: 10940 | Elements: 6 | Metrics Available: Y | Benchmarkable: 1

Definition​

Retiring productive and non-productive assets.

Overview​

This process group covers dispose of assets within the broader context of Acquire, Construct, and Manage Assets.

Process Hierarchy​

Processes​

IDProcessPCF IDSub-elementsMetrics
10.4.1Develop exit strategy109520N
10.4.2Decommission productive assets192580N
10.4.3Perform sale or trade109530N
10.4.4Perform abandonment109540N
10.4.5Perform waste and hazardous goods management169700N

10.4.1 - Develop exit strategy​

PCF ID: 10952

Definition: Creating a strategy for managing asset exits.

10.4.2 - Decommission productive assets​

PCF ID: 19258

Definition: Retiring assets that are no longer viable to the business. Decommission assets that are no longer in working order, are out of date, or whose maintenance exceeds the cost of replacement.

10.4.3 - Perform sale or trade​

PCF ID: 10953

Definition: Performing the sale of assets. Achieve and complete the sale process. Deliver the end product to the customers.

10.4.4 - Perform abandonment​

PCF ID: 10954

Definition: Abandoning assets. Manage the act of deliberately and permanently giving up, granting, leaving, or surrendering property or buildings and allowing others to use the intellectual property without protest.

10.4.5 - Perform waste and hazardous goods management​

PCF ID: 16970

Definition: Disposing of waste and hazardous materials as outlined by state, local, and federal regulations.

Change Summary (v7.2.1 vs v6.1.1)​

Changes indicated by:

  • +XXXXX - New element added
  • -XXXXX - Element removed
  • cXXXXX - Element changed
  • NEW - Newly introduced

Complete Element List with Definitions​

All 6 elements
IDNameDefinition
10.4Dispose of assetsRetiring productive and non-productive assets.
10.4.1Develop exit strategyCreating a strategy for managing asset exits.
10.4.2Decommission productive assetsRetiring assets that are no longer viable to the business. Decommission assets that are no longer in...
10.4.3Perform sale or tradePerforming the sale of assets. Achieve and complete the sale process. Deliver the end product to the...
10.4.4Perform abandonmentAbandoning assets. Manage the act of deliberately and permanently giving up, granting, leaving, or s...
10.4.5Perform waste and hazardous goods manage...Disposing of waste and hazardous materials as outlined by state, local, and federal regulations.

Back to: Category 10.0 - Acquire, Construct, and Manage Assets | APQC PCF Overview | Full Glossary