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What is the difference between an asset and a project?

ASSET difference project
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What is the difference between an asset and a project?

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When we describe INFFER as an asset-based framework, we mean that projects are built around assets. Each project assessed is based on a particular asset or set of assets. The output from the INFFER process for an asset is an assessment of a particular project related to the asset(s), rather than an assessment of the importance of the assets per se. The significance of the asset(s) is identified as one part of the process of assessing the project. This focus on assets does not mean we neglect other aspects of the issue. For example, the “eco-system services” that are enhanced by the project are estimated as part of the process. The focus on assets simply provides an effective way to structure the process.

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