Define IT asset management. What are the pitfalls of not

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IT asset management
Good IT management requires that we manage our assets well. We must know what computers and software are in the organisation and who uses them. We need to manage software licences. We need to connect the management of IT assets with procurement. There are many advantages and efficiencies in good management of IT assets, and many problems which emerge from the bad management of IT assets.

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Question: Define IT asset management. What are the pitfalls of not managing IT assets? How can a company benefit from formal IT asset management? Describe the process of IT asset management. How can suppliers be involved in this process? Find and critically appraise a case study of IT asset management in a company. Suggest what IT tools are needed for IT asset management. What is the link between IT asset management and procurement? Identify the importance of IT asset management in a data centre.

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