1 The key concepts of the practice
1.1. Explain the purpose of the practice
1.2 Describe the PSFs & key metrics of the practice
1.3. Explain the key terms/concepts:
a) IT asset types
b) IT asset register
c) IT asset lifecycle
d) IT asset lifecycle models
e) verification
f) inventory
g) discovery
h) IT asset audit

2 The processes of the practice
2.1 Describe inputs and outputs of the processes
2.2 Describe the key activities of the processes
2.3 Know how to integrate the practice in the organization’s value streams

3 The roles and competences of the practice
3.1 Describe the responsibilities of the key roles of the practice:
a) IT asset manager
b) IT asset custodian
c) IT asset analyst
d) IT asset register administrator
e) license manager
f) IT asset owner
g) IT asset consumer
3.2 Know how to position the practice in the organizational structure

4 How information and technology support and enable the practice
4.1 Explain the application of the tools
4.2 Apply the recommendations for automation

5 The role of partners and suppliers in the practice
5.1 Explain the dependencies of the practice on third parties
5.2 Explain how partners and suppliers can support the practice

6 How the ITIL capability model can be used to develop the practice
6.1 Explain how capability criteria support the practice capability development

7 The recommendations for the practice success
7.1 Understand the recommendations for IT asset management success and how they are supported by the ITIL guiding principles