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Learner Assessment Pack Task 1: Develop Physical Asset Register and Plan ASSESSMENT INSTRUCTIONS This task will require you to develop physical asset register and plan for at least three physical assets of the organisation. STEPS TO TAKE 1. Access and review workplace documents relating to the following: Details of all physical assets of the organisation Business objectives of the organisation Environmental sustainability objectives Organisational budgets for assets 2. Identify the following: At least two overall business objectives of the organisation At least three physical assets of the organisation. For each physical asset identified: 3. Identify the following information: Name of asset Application / usage of asset Date of purchase Location of asset Use your organisation's template for developing register of organisation's physical assets. You may also use the Physical Asset Register template provided along with this workbook. 4. Establish a regime for each of the following to minimise disruption and loss of revenue: - Maintenance of asset Repair of asset Replacement of asset Acquisition of asset 5. Develop at least one workplace practice for: Regular reporting of physical asset's performance. Include practices for the following: o Integrate day-to-day condition reports Provide regular financial reports on the assets