TheImplementation Phaseinvolves translating approved asset plans into physical or system outputs. It encompassesprocurement, execution, and deliveryto specification and budget constraints.
Concept and definition phasesprecede this stage.
Handoverfollows this phase and deals with asset operational readiness.
Exact Extract from IAM – Asset Management: An Anatomy (v4), Section 3.4.2 – Life Cycle Stage: Implementation:
“This phase includes procurement, construction, installation, testing, and commissioning of the asset or solution. It is where time, cost, and quality performance is most closely monitored.”
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