====Physical Assets==== A physical asset is an asset that represents a single, physical object - such as a person, a vehicle, sensor or machine. A physical asset may also have sub-components, but it represents something you can actually see and touch. Alternatively, [[logical assets|logical assets]] are assets that represent //concepts// rather than physical objects - these are often used to group and categorise your physical assets. For example, you may want to place all of your network hardware into a group - in this case, you would have several **physical** assets in the network equipment itself, and then the **logical** asset 'Network Equipment'.