Best Practices in IT Asset Management

In order for IT asset management to be effective, the identification and tracking of key components must be performed frequently and regularly. This post highlights some best practices in hardware and software asset management, based on the experience and knowledge learned from our customers. These tips will help ensure the long term success of your IT Asset Management program, and help you boost return on your technology investment.

Weekly Tasks

• Review new assets. Any new assets that have been logged into inventory must be assessed. This includes both new computers added to your inventory and new software installed across your network. Related: new computers in the last week and new software installed in the last week
• Review of asset utilization. Investigate any assets that are not operational, or are not being actively used. Indicate their status (i.e. in repair, in service for periodic maintenance, etc.), and estimate how long it will take to put them to use once again. Related: computers in repair
• Identification of missing assets. Locate any assets that are not reporting frequently, or have not reported within the last week. Determine whether or not they are lost, or if they are still in use. If they are not being utilized, indicated whether they can be reallocated, or if they should be rendered obsolete. Related: computers not reporting in the last week<
• Review risks & license compliance. Review new risks detected in the last week as well as risks that existed before and were not yet resolved. Remind users to take action to remove these risks. Review license compliance standing and impact of this week's inventory changes on your license standing. Related: risks and license compliance

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