Asset Management Procedure
Internal 3 of 5
• Information
• Equipment
• Tools
• Environment
• Services
• Tools
• The asset register contains the following information about the asset, for easy
recovery:
• Information Asset class
• Type of asset;
• Location;
• Asset Owner and Custodian
• Department
The register is updated as and when a new asset is added to the Asset list maintained by
the departments.
4.3. Ownership of Assets
• The assets are allocated to varied individual/group/department and the
responsibility of the asset lies with its owner.
• The Asset Owner is responsible for the overall maintenance of the asset along
with the custodian.
• The labeling of the asset is done by the asset owner.
4.4. Operation of Assets
• The acceptable use of information assets & assets associated with information
processing facilities is as per the End user guideline.
4.5. Maintenance of Assets
• The Asset Register identifies different custodian for the assets. The responsibility
of the asset lies with the custodian. However the general maintenance is also
responsibility of the Asset Owner.
• The maintenance of the asset is done by the custodian as per the IT Infrastructure
Guideline and Administration Guideline, where IT Infrastructure Administration
and Administration are custodians respectively.
• Any incident causing a threat to the asset is reported by the Asset Owner as per
the Incident Management Procedure.
4.6. Disposal of Assets
• Retention time of the assets is defined by the respective asset owner.