Asset Life cycle Management Tool

The key requirements for the solution and support contract are as follows. Non-functional Requirements: The software system shall allow the efficient handling and analysis of large volumes of data; provide tools to allow the identification and management of risk resulting from the potential failure of assets; and help to efficiently generate accurate financial forecasts for budgeting and procurement purposes. The system shall be able to operate entirely stand-alone, or optionally integrate with other existing databases that may contain related asset information, such as the university's existing CAFM system, Planon, and; facilitate the continued gathering and verification of asset data in order to ensure records remain complete and accurate, avoiding the need to carry out large-scale and costly verification projects in the future.