I have been working to implement asset management using a existing CMMS that I inherited. I also was on the implementation team for SAP. Here are a few observations.Cory is correct that the change management is as much or more a challenge as the technical implementation. Better yet to view the implementation as an opportunity to revamp and update business processes and objectives, organizational structure, and KPI's. Leverage the technical implementation to make business changes. This will require concerted attention to change management (QA reports, ongoing training, etc) over three or so years after go live.Start with the fundamentals of asset management. These become the functional requirements for application selection and implementation. For example, a key element is recording asset replacement cost. Our CMMS has a field for this, but no date stamp or source record! This makes it difficult, nearly impossible to update the replacement cost with a current quotation, or apply a similar value from other projects, let alone providing a base year for applying inflation assumptions to build a financial forecast. When assets get to be decades old, using the original cost is unrealistic. Another example: Core to AM is understanding risk as the product of the consequence of failure times the likelihood of failure. Does the CMMS have a means to record this data? Most will have inspection points, schedules, etc. which is good. Can a resulting risk analysis be recorded in the CMMS, or will the data be extracted and managed elsewhere? How will this be done, by whom, and on what schedule?An operative question will be "What's an Asset?" What is the basic unit of an asset to be recorded in the CMMS? Once answered, these will grouped into family trees, e.g. Boiler belongs to HVAC which belongs to Building. How does the CMMS handle asset family heirarchies versus asset types? That is, what is the overall condition of the building, versus which of my HVAC components across all buildings need to be replaced next year?I hope this helps. Let me know if you want to discuss further.