The document discusses asset management programs for facilities. It outlines key phases of operations and maintenance programs including planning, initiating work like preventative maintenance, measuring key performance indicators, analyzing results, and adjusting programs based on continuous improvement. The types of maintenance covered are preventative, reactive/corrective, reliability centered, and predictive maintenance. Benefits of effective asset management programs include risk mitigation, failure avoidance, customer satisfaction, and increased reliability and equipment life. Retro-commissioning and continuous commissioning are also discussed.