Today iwmsnews.com publishes a guest post by Jim Turner about FM and IWMS. This post is part of the series: FM Notes from the Field which will be published on a weekly basis here. I personally asked Jim for an introduction post and he did a wonderful job! I am really looking forward to your opinion [...]

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Thanks to Andy Fuhrman, CEO of OSCRE Americas, Inc. we have recieved quite some very interesting whitepapers / articles that have been published in diverse media. On IWMSnews.com we publish these articles to the benefit of all.

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As described in the post about the 2009 Roadmap for iwmsnews.com for February 2009 we have anticipated to Expand the Research Area including whitepapers from industry experts. Since it will take some time to review those whitepapers we call on our readers for whitepapers to share with our community.

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Asset Management is the strategic management of physical assets during their life in the organisation. Physical assets have a life: they are planned and created, used, managed and maintained, and when no longer required prepared for disposal.

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When managed properly, an organization’s real estate can greatly affect its bottom line. This is particularly true in industries where real estate makes up nearly three-quarters of a company’s assets. In fact, in some industries it is the second- or third-largest expense item on the balance sheet.

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