10.0 - Acquire, Construct, and Manage Assets

PCF Category: 10.0
Total Elements: 69
Hierarchy Depth: Up to 3 levels

Overview

This category encompasses all processes related to acquire, construct, and manage assets within an enterprise.

Process Groups (Level 1)

Hierarchy ID	Process Group	Sub-Elements
10.0	Acquire, Construct, and Manage Assets	0
10.1	Plan and acquire assets	16
10.2	Design and construct productive assets	21
10.3	Maintain productive assets	22
10.4	Dispose of assets	5

Detailed Process Hierarchy

10.0 - Acquire, Construct, and Manage Assets

PCF ID: 19207

10.1 - Plan and acquire assets

PCF ID: 10937

ID	Process	PCF ID	Metrics
10.1.1	Develop property strategy and long term vision	10941	N
10.1.2	Plan facility	10943	Y
10.1.3	Provide workspace and facilities	10944	N
10.1.4	Manage facilities operations	10949	N

10.1.1 - Develop property strategy and long term vision (3 elements)

ID	Process	PCF ID
10.1.1.1	Confirm alignment of property requirements with business strategy	10955
10.1.1.2	Appraise the external environment	10956
10.1.1.3	Determine build or buy decision	10957

10.1.2 - Plan facility (5 elements)

ID	Process	PCF ID
10.1.2.1	Design facility	10958
10.1.2.2	Analyze budget	10959
10.1.2.3	Select property	10960
10.1.2.4	Negotiate terms for facility	10961
10.1.2.5	Manage construction or modification to building	10962

10.1.3 - Provide workspace and facilities (2 elements)

ID	Process	PCF ID
10.1.3.1	Acquire workspace and facilities	10963
10.1.3.2	Change fit/form/function of workspace and facilities	10964

10.1.4 - Manage facilities operations (2 elements)

ID	Process	PCF ID
10.1.4.1	Relocate people	10965
10.1.4.2	Relocate material and tools	10966

10.2 - Design and construct productive assets

PCF ID: 19208

ID	Process	PCF ID	Metrics
10.2.1	Manage capital program for productive assets	19209	N
10.2.2	Design and plan asset construction	20139	N
10.2.3	Schedule and perform construction work	19229	N
10.2.4	Manage asset construction	19224	N

10.2.1 - Manage capital program for productive assets (3 elements)

ID	Process	PCF ID
10.2.1.1	Define capital investment plan	19210
10.2.1.2	Monitor capital program	19211
10.2.1.3	Secure construction financing	19212

10.2.2 - Design and plan asset construction (5 elements)

ID	Process	PCF ID
10.2.2.1	Develop construction strategy	19220
10.2.2.2	Perform construction performance management	11276
10.2.2.3	Obtain construction permissions	19221
10.2.2.4	Design assets	19222
10.2.2.5	Plan construction resources	19223

10.2.3 - Schedule and perform construction work (5 elements)

ID	Process	PCF ID
10.2.3.1	Schedule construction work	19230
10.2.3.2	Obtain resources	19231
10.2.3.3	Construct new assets	19232
10.2.3.4	Augment existing assets	19233
10.2.3.5	Renew/Replace assets	19234

10.2.4 - Manage asset construction (4 elements)

ID	Process	PCF ID
10.2.4.1	Monitor work performance	19225
10.2.4.2	Undertake construction quality control	19226
10.2.4.3	Create work and asset records	19227
10.2.4.4	Manage safety, security, and access to sites	19228

10.3 - Maintain productive assets

PCF ID: 19238

ID	Process	PCF ID	Metrics
10.3.1	Plan asset maintenance	19239	N
10.3.2	Manage asset maintenance	19245	N
10.3.3	Perform asset maintenance	19253	N

10.3.1 - Plan asset maintenance (7 elements)

ID	Process	PCF ID
10.3.1.1	Develop maintenance strategies	19240
10.3.1.2	Analyze assets and predict maintenance requirements	10967
10.3.1.3	Specify maintenance policies	19241
10.3.1.4	Integrate preventive maintenance into operations schedule	10968
10.3.1.5	Identify work management tasks & priorities	19242
10.3.1.6	Conduct resource planning	19243
10.3.1.7	Create work plans	19244

10.3.2 - Manage asset maintenance (7 elements)

ID	Process	PCF ID
10.3.2.1	Schedule maintenance work	19246
10.3.2.2	Obtain required resources	19247
10.3.2.3	Undertake quality control	19248
10.3.2.4	Update work and asset records	19249
10.3.2.5	Manage maintenance work safety	19250
10.3.2.6	Define maintenance performance targets	19251
10.3.2.7	Monitor maintenance performance against targets/contracts	19252

10.3.3 - Perform asset maintenance (5 elements)

ID	Process	PCF ID
10.3.3.1	Perform preventative asset maintenance	10947
10.3.3.2	Perform routine asset maintenance	19254
10.3.3.3	Perform corrective asset maintenance and repairs	19255
10.3.3.4	Identify unplanned maintenance requirements	19256
10.3.3.5	Perform unplanned maintenance and repairs	19257

10.4 - Dispose of assets

PCF ID: 10940

ID	Process	PCF ID	Metrics
10.4.1	Develop exit strategy	10952	N
10.4.2	Decommission productive assets	19258	N
10.4.3	Perform sale or trade	10953	N
10.4.4	Perform abandonment	10954	N
10.4.5	Perform waste and hazardous goods management	16970	N

Change Summary (v7.2.1 vs v6.1.1)

Changes are indicated by:

• +XXXXX - New element added (PCF ID)
• -XXXXX - Element removed
• cXXXXX - Element changed
• NEW - Newly introduced in v7.2.1

Full Process List

Complete 69 elements

Hierarchy ID	Name	PCF ID	Change
10.0	Acquire, Construct, and Manage Assets	19207	+19208, +19238, c10937, c10940, NEW
10.1	Plan and acquire assets	10937	-10942, c10944, c10941, RENAME, WAS:Design and construct/acquire nonproductive assets
10.1.1	Develop property strategy and long term vision	10941	c10956, c10957, RENAME, WAS:Develop property strategy and long-term vision
10.1.1.1	Confirm alignment of property requirements with business str...	10955	-
10.1.1.2	Appraise the external environment	10956	RENAME, WAS:Assess the external environment
10.1.1.3	Determine build or buy decision	10957	RENAME, WAS:Make build-or-buy decision
10.1.2	Plan facility	10943	-
10.1.2.1	Design facility	10958	-
10.1.2.2	Analyze budget	10959	-
10.1.2.3	Select property	10960	-
10.1.2.4	Negotiate terms for facility	10961	-
10.1.2.5	Manage construction or modification to building	10962	-
10.1.3	Provide workspace and facilities	10944	c10963, c10964, RENAME, WAS:Provide workspace and assets
10.1.3.1	Acquire workspace and facilities	10963	RENAME, WAS:Acquire workspace and assets
10.1.3.2	Change fit/form/function of workspace and facilities	10964	RENAME, WAS:Change fit/form/function of workspace and assets
10.1.4	Manage facilities operations	10949	-
10.1.4.1	Relocate people	10965	-
10.1.4.2	Relocate material and tools	10966	-
10.2	Design and construct productive assets	19208	+19209, +20139, +19229, +19224, NEW
10.2.1	Manage capital program for productive assets	19209	+19210, +19211, +19212, NEW
10.2.1.1	Define capital investment plan	19210	NEW
10.2.1.2	Monitor capital program	19211	NEW
10.2.1.3	Secure construction financing	19212	NEW
10.2.2	Design and plan asset construction	20139	+19220, +11276, +19221, +19222, +19223, NEW
10.2.2.1	Develop construction strategy	19220	NEW
10.2.2.2	Perform construction performance management	11276	NEW
10.2.2.3	Obtain construction permissions	19221	NEW
10.2.2.4	Design assets	19222	NEW
10.2.2.5	Plan construction resources	19223	NEW
10.2.3	Schedule and perform construction work	19229	+19230, +19231, +19232, +19233, +19234, NEW
10.2.3.1	Schedule construction work	19230	NEW
10.2.3.2	Obtain resources	19231	NEW
10.2.3.3	Construct new assets	19232	NEW
10.2.3.4	Augment existing assets	19233	NEW
10.2.3.5	Renew/Replace assets	19234	NEW
10.2.4	Manage asset construction	19224	+19225, +19226, +19227, +19228, NEW
10.2.4.1	Monitor work performance	19225	NEW
10.2.4.2	Undertake construction quality control	19226	NEW
10.2.4.3	Create work and asset records	19227	NEW
10.2.4.4	Manage safety, security, and access to sites	19228	NEW
10.3	Maintain productive assets	19238	+19239, +19245, +19253, NEW
10.3.1	Plan asset maintenance	19239	+19240, +19241, +19242, +19243, +19244, c10967, c10968, NEW
10.3.1.1	Develop maintenance strategies	19240	NEW
10.3.1.2	Analyze assets and predict maintenance requirements	10967	RENAME, WAS:Analyze assets, and predict maintenance requirements
10.3.1.3	Specify maintenance policies	19241	NEW
10.3.1.4	Integrate preventive maintenance into operations schedule	10968	RENAME, WAS:Develop approach to integrate preventive maintenance into production schedule
10.3.1.5	Identify work management tasks & priorities	19242	NEW
10.3.1.6	Conduct resource planning	19243	NEW
10.3.1.7	Create work plans	19244	NEW
10.3.2	Manage asset maintenance	19245	+19246, +19247, +19248, +19249, +19250, +19251, +19252, NEW
10.3.2.1	Schedule maintenance work	19246	NEW
10.3.2.2	Obtain required resources	19247	NEW
10.3.2.3	Undertake quality control	19248	NEW
10.3.2.4	Update work and asset records	19249	NEW
10.3.2.5	Manage maintenance work safety	19250	NEW
10.3.2.6	Define maintenance performance targets	19251	NEW
10.3.2.7	Monitor maintenance performance against targets/contracts	19252	NEW
10.3.3	Perform asset maintenance	19253	+10947, +19254, +19255, +19256, +19257, NEW
10.3.3.1	Perform preventative asset maintenance	10947	NEW
10.3.3.2	Perform routine asset maintenance	19254	NEW
10.3.3.3	Perform corrective asset maintenance and repairs	19255	NEW
10.3.3.4	Identify unplanned maintenance requirements	19256	NEW
10.3.3.5	Perform unplanned maintenance and repairs	19257	NEW
10.4	Dispose of assets	10940	+19258, +16970, RENAME, WAS:Dispose of productive and nonproductive assets
10.4.1	Develop exit strategy	10952	-
10.4.2	Decommission productive assets	19258	NEW
10.4.3	Perform sale or trade	10953	-
10.4.4	Perform abandonment	10954	-
10.4.5	Perform waste and hazardous goods management	16970	NEW

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