Disciplined Agile

Why is Asset Management Hard?

There are some aspects of asset management that are reasonably straightforward, although a fair amount of work at times, such keeping track of assets. Other aspects are inherently difficult, in particular supporting the use or reuse of assets. For example, it is much more convenient to have my own desk at the office rather than to use one of a common set of desks in a “hoteling” arrangement. It can be more challenging, and even fun, for a software team to create a new data source rather than reuse an existing database that is shared across dozens or even hundreds of other systems in your organization. Disciplined asset (re)use takes a bit of effort for the individual, so it can be challenging to nurture and support.

One of the great things about intangible assets – such as documents, procedures, videos, and software – is that they can be reused repeatedly.  To a lesser extent some physical assets can also be reused or shared.  Existing office furniture is often passed on to the next employee, equipment is shared amongst people, and of course buildings are shared. In both cases the primary issue is whether the asset is appropriate for use in a potentially different situation.  As you can see in Figure 1, there is a very wide range of potential assets that can be (re)used.

Asset Management Assets

Potential asset types

Unfortunately, reuse is a lot easier to talk about than it is to implement in practice, at least beyond the personal level. There are several reasons why reuse engineering is difficult to achieve:

  1. There is a greater impact when shared assets break. When an asset is used in only one place and it breaks, then the impact of that breakage is limited to that one place. When an asset is reused in dozens or hundreds of places, and it breaks, then the impact is significantly larger. This is reusable assets need to be of high quality.
  2. We must go beyond personal reuse. Reuse is often described as not “reinventing the wheel,” and an important step for succeeding at reuse is to understand that you have more than one option at your disposal (as you see in Figure 1). 
  3. Reuse/sharing requires enterprise awareness. For (re)use to succeed teams must understand that the assets exist, how these assets fit into your overall ecosystem and way of working (WoW), and what the benefits of working with the assets are for them and for your organization. In Disciplined Agile® we promote the philosophy that teams should work closely with enterprise architects and asset managers, if any exist, so that they will better understand and appreciate these issues.
  4. Asset management requires investment. To get beyond ad-hoc reuse your organization will need to invest in an asset management program. Particularly for intangible assets this may include investment in a reuse engineering team, in a reuse repository, in the development/rescue of potentially reusable assets, and the long-term maintenance and support of those assets.
  5. Fund asset management wisely. A critical success factor for asset management is your approach to funding it. If it is less expensive for a team to buy or build an asset than it is to (re)use an existing enterprise asset then they are motivated to do exactly that.

Although it can be challenging, it is very possible and highly desirable for your organization to succeed at asset management. 

Related Resources