ASTM E53 Committee on Property Management Systems - Information Update

1. ASTM E53 Committee on Property Management Systems - Information Update By: Bill Franklin Vice Chair, ASTM E-53 Committee Leaders in Asset Management

2. ASTM E53- Update ASTM E-53 Committee Officers and ASTM Staff Support Chairman: Robert HolcombeVice-chairman: William G. FranklinRecording secretary: Jerry Lee HowseMembership secretary: Tara S. MillerPast chairman: Lyle V. HestermannMember-at-large: Patrice BakerMember-at-large: Amber L. BarberMember-at-large: Kim DonerMember-at-large: Douglas N. GoetzStaff manager: Christine SierkAdmin assistant: Barbara LakeEditor: Emily MooreStaff Manager: Christine Sierk610-832-9728 2 Leaders in Asset Management

3. ASTM E53 – Update ASTM E-53 Committee Scope The development of management systems criteria, including performance standards, practices, metrics, and methods of effectiveness for the conduct of management and administration activities for personal property; personal property is also referred to as equipment, or as durable, movable assets and material assets. The general area of interest of the Committee will include standards to support all aspects of personal property management, including systems for the management of industrial, Federal, State, and local government personal property, as well as educational and medical institution property assets. Specific areas of interest will include all aspects of personal property management from determination of needs and initial acquisition through final disposition, including receipt, identification and marking, record keeping, custodial and administrative accountability, reporting, consumption, maintenance, movement, storage, inventory, control, utilization, and disposition. The work of this committee will be coordinated with other ASTM committees and other organizations having mutual interest. 3 Leaders in Asset Management

4. ASTM E53 – Update ASTM E-53 History and Overview ASTM Committee E53 on Property Management Systems was formed in 2000. Committee E53 develops management systems criteria, including performance standards, practices, metrics, and methods of effectiveness for the conduct of management and administration activities for durable & movable assets (personal property management). E53 hold two membership meetings a year, once in the spring, in conjunction with a National Property Management Association's (NPMA) conference, and in mid to late summer, in conjunction with the annual NPMA National Education Seminar. A list of each subcommittee, and the portfolio of approved standards and work Items under construction are available from the List of Subcommittees, Standards, and Work Items on the website. 4 Leaders in Asset Management

5. ASTM E53 – Update Overview of ASTM: What is it? ASTM International is one of the largest voluntary standards development organizations in the world. Target Membership Anyone Founded In 1898 to address frequent rail breaks in the railroad industry. 5 Leaders in Asset Management

6. ASTM Standards – An Update From The Past Year Overview of ASTM cont… Dues: $75.00 / individual or $400 organizational Current Membership: 33,000+ Committees: 140+ Product: Voluntary standards development organization 6 Leaders in Asset Management

7. ASTM E53 – Update Participation Made Easy • Made easy through use of the World Wide Web • No travel restrictions • No time delays • Access to information 24 hours per day, 7 days per week, 365 days per year • For just $75 YOU can participate! • (membership provides access to all active standards and participation during development of new standards) 7 Leaders in Asset Management

8. ASTM E53 – Update ASTM E53 and NPMA a Partnership • E53 development side of the partnership and produces the standards through the ASTM process • NPMA is the educational side. Classes are sponsored via NPMA to help educate the purpose and use of the standards 8 Leaders in Asset Management

9. ASTM E53 – Update ASTM E-53 Committees E53.01 Process Management E53.02 Data Management E53.03 Financial Management E53.04 Reutilization & Disposal E53.05 Property Management Maturity E53.06 Terminology E53.07 Sustainable Asset Management (June 2011) E53.10 ISO Asset Management Activity E53.90 Executive Subcommittee 9 Leaders in Asset Management

10. ASTM E53 – Update E53 Current Standards • E2131-09 Standard Practice for Assessing Loss, Damage, or Destruction of Property • E2132-01(2007) Standard Practice for Physical Inventory of Durable, Moveable Property • E2135-10a Standard Terminology for Property and Asset Management • E2279-09 Standard Practice for Establishing the Guiding Principles of Property Management • E2306-011 Standard Practice for Disposal of Personal Property (revision approved June 2011) • E2378-05 Standard Practice for the Recognition of Impaired or Retired Personal Property 10 Leaders in Asset Management

11. ASTM E53 – Update E53 Current Standards • E2379-04 Standard Practice for Property Management for Career Development and Training • E2452-05e1 Standard Practice for Equipment Management Process Maturity (EMPM) Model • E2453-05 Standard Practice for Determining the Life-Cycle Cost of Ownership of Personal Property • E2495-07 Standard Practice for Prioritizing Asset Resources in Acquisition, Utilization, and Disposition • E2497-06 Standard Practice for Calculation of Equipment Movement Velocity (EMV) • E2499-06 Standard Practice for Classification of Equipment Physical Location Information • E2604-09 Standard Practice for Data Characteristics of Equipment Records • E2605-08 Standard Practice for Receiving Property 11 Leaders in Asset Management

12. ASTM E53 – Update E53 Current Standards • E2606-08 Standard Practice for Receipt Notification as a Result of Tangible Property Movement • E2607-08 Standard Practice for Cannibalization/Reclamation of Serviceable Equipment Components to Support Demand Requirements • E2608-08 Standard Practice for Equipment Control Matrix (ECM) • E2631-09 Standard Practice for Physical Placement of an Entity-Controlled Supplemental Identification Label • E2672-09 Standard Practice for Identification and Categorization of Tooling • E2674-09 Standard Practice for Assessment of Impact of Mobile Data Storage Device (MDSD) Loss 12 Leaders in Asset Management

13. ASTM E53 – Update E53 Current Standards • E2675-09 Standard Practice for Property Management System Outcomes • E2676-09 Standard Practice for Tangible Property Mobility Index (MI) • E2715-09 Standard Practice for Moveable Property Storage • E2671-10 Standard Practice for Defining Movements, Shipments, and Transfers of Assets • E2811-11 Management of Low Risk Property (LRP) • E2812-11 Standard Practice for Uniform Data Management in Asset Management Records Systems 13 Leaders in Asset Management

14. ASTM Standards

15. ASTM E53 If you have any questions please contact Bill Franklin wfranklin@noblis.org