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Author: Nicholas Anthony John Hastings
Publisher: Springer Science & Business Media
ISBN: 1848827512
Category : Technology & Engineering
Languages : en
Pages : 383
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Book Description
Physical asset management is the management of fixed or non-current assets such as equipment and plant. Physical Asset Management presents a systematic approach to the management of these assets from concept to disposal. The general principles of physical asset management are discussed in a manner which makes them accessible to a wide audience, and covers all stages of the asset management process, including: initial business appraisal; identification of fixed asset needs; financial evaluation; logistic support analysis; life cycle costing; maintenance strategy; outsourcing; cost-benefit analysis; disposal; and renewal. Physical Asset Management addresses the needs of existing and potential asset managers, and provides an introduction to asset management for professionals in related disciplines, such as finance. The book provides both an introduction and a convenient reference work, covering all the main areas of physical asset management.
Author: Nicholas Anthony John Hastings
Publisher: Springer Science & Business Media
ISBN: 1848827512
Category : Technology & Engineering
Languages : en
Pages : 383
Get Book Here
Book Description
Physical asset management is the management of fixed or non-current assets such as equipment and plant. Physical Asset Management presents a systematic approach to the management of these assets from concept to disposal. The general principles of physical asset management are discussed in a manner which makes them accessible to a wide audience, and covers all stages of the asset management process, including: initial business appraisal; identification of fixed asset needs; financial evaluation; logistic support analysis; life cycle costing; maintenance strategy; outsourcing; cost-benefit analysis; disposal; and renewal. Physical Asset Management addresses the needs of existing and potential asset managers, and provides an introduction to asset management for professionals in related disciplines, such as finance. The book provides both an introduction and a convenient reference work, covering all the main areas of physical asset management.
Author: Zongzhi Li
Publisher:
ISBN:
Category : Highway departments
Languages : en
Pages : 220
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Book Description
Author: Carnero, María Carmen
Publisher: IGI Global
ISBN: 1522506527
Category : Business & Economics
Languages : en
Pages : 553
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Book Description
Asset management is becoming increasingly important to an organization’s strategy, given its effects on cost, production, and quality. No matter the sector, important decisions are made based on techniques and theories that are thought to optimize results; asset management models and techniques could help maximize effectiveness while reducing risk. Optimum Decision Making in Asset Management posits that effective decision making can be augmented by asset management based on mathematical techniques and models. Resolving the problems associated with minimizing uncertainty, this publication outlines a myriad of methodologies, procedures, case studies, and management tools that can help any organization achieve world-class maintenance. This book is ideal for managers, manufacturing engineers, programmers, academics, and advanced management students.
Author: Joe E. Amadi-Echendu
Publisher: Springer Nature
ISBN: 3030760510
Category : Technology & Engineering
Languages : en
Pages : 128
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Book Description
This textbook deals with engineering, science, technical, legal, financial, ICT, logistics and people management topics necessary for managing engineered assets such as all man-made tools, gadgets, buildings, equipment, machines, infrastructure, large-scale physical and industrial facilities and systems which pervade all sectors of industry. By coalescing concepts, principles, practices, and practical issues from the relevant multi-disciplines, the book addresses the body of knowledge required for managing engineered assets in the 4IR and Society 5.0 era and beyond. The book is written for: Scholars and students who intend to strengthen or acquire knowledge about the concepts, principles, and practice of managing engineered assets; Managers of engineered assets in both the public and private sectors who aim to improve asset management practice for their organisational purposes and missions; Policymakers and regulators in order to improve policymaking, governance, assessment and evaluation frameworks on the management of engineered assets; The broader audience concerned about the sustainable management of engineered assets that constitute our built environment and provide the means for industry and livelihood.
Author: Nicholas Anthony John Hastings
Publisher: Springer
ISBN: 3319147773
Category : Business & Economics
Languages : en
Pages : 547
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Book Description
Significantly extended from the first edition and published in response to the new international standard ISO55000, this book on physical asset management (2nd Ed.) presents a systematic approach to the management of physical assets from concept to disposal. It introduces the general principles of physical asset management and covers all stages of the asset management process, including initial business appraisal, identification of fixed asset needs, capability gap analysis, financial evaluation, logistic support analysis, life cycle costing, management of in-service assets, maintenance strategy, outsourcing, cost-benefit analysis, disposal and renewal. Physical asset management is the management of fixed assets such as equipment, plant, buildings and infrastructure. Features include: *Suitable for university courses and builds on first edition to provide further analytical material *Aligned with the international asset management standard ISO55000 *Provides a basis for the establishment of physical asset management as a professional discipline *Presents case studies, analytical techniques and numerical examples with solutions Written for practitioners and students in asset management, this textbook provides an essential foundation to the topic. It is suitable for an advanced undergraduate or postgraduate course in asset management, and also offers an ideal reference text for engineers and managers specializing in asset management, reliability, maintenance, logistics or systems engineering.
Author: Andrew K.S. Jardine
Publisher: CRC Press
ISBN: 1466554851
Category : Technology & Engineering
Languages : en
Pages : 368
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Book Description
A completely revised and updated edition of a bestseller, Maintenance, Replacement, and Reliability: Theory and Applications, Second Edition supplies the tools needed for making data-driven physical asset management decisions. The well-received first edition quickly became a mainstay for professors, students, and professionals, with its clear presentation of concepts immediately applicable to real-life situations. However, research is ongoing and relentless—in only a few short years, much has changed. See What’s New in the Second Edition: New Topics The role of maintenance in sustainability issues PAS 55, a framework for optimizing management assets Data management issues, including cases where data are unavailable or sparse How candidates for component replacement can be prioritized using the Jack-knife diagram New Appendices Maximum Likelihood Estimated (MLE) Markov chains and knowledge elicitation procedures based on a Bayesian approach to parameter estimation E-learning materials now supplement two previous appendices (Statistics Primer and Weibull Analysis) Updated the appendix List of Applications of Maintenance Decision Optimization Models Firmly based on the results of real-world research in physical asset management, the book focuses on data-driven tools for asset management decisions. It provides a solid theoretical foundation for various tools (mathematical models) that, in turn, can be used to optimize a variety of key maintenance/replacement/reliability decisions. It presents cases that illustrate the application of these tools in a variety of settings, such as food processing, petrochemical, steel and pharmaceutical industries, as well as the military, mining, and transportation (land and air) sectors. Based on the authors’ experience, the second edition maintains the format that made the previous edition so popular. It covers theories and methodologies grounded in the real world. Simply stated, no other book available addresses the range of methodologies associated with, or focusing on, tools to ensure that asset management decisions are optimized over the product’s life cycle. And then presents them in an easily digestable and immediately applicable way.
Author: Alireza Mohammadi
Publisher: Springer Nature
ISBN: 3030976149
Category : Business & Economics
Languages : en
Pages : 210
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Book Description
This textbook provides practical and concrete guidance for the step-by-step implementation of decision-making for infrastructure asset management. Examples are used to illustrate how data from condition assessment are used to develop performance models, to estimate the effectiveness of investments that are prioritized and scheduled to accomplish reliable and convenient infrastructure for the wellbeing of the public and regional economic competitiveness. Book illustrates numerous worked problems to clarify ambiguity in developing a decision-making platform to prioritize assets and distribute budgets effectively and efficiently. Ensures reader understanding of the benefits and challenges of infrastructure asset management; Provides a step-by-step guide for the development of each component of an asset management decision-making system; Includes worked examples to clarify decision-making and budget allocation process.
Author: Adolfo Crespo Márquez
Publisher: Springer Nature
ISBN: 3030642283
Category : Technology & Engineering
Languages : en
Pages : 311
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Book Description
This book gathers selected peer-reviewed papers from the 14th World Congress on Engineering Asset Management (WCEAM), which was held in Singapore on 28–31 July 2019, as well as papers presented during the 1st WCEAMOnline event which focused on the ramifications of Covid-19 on infrastructure systems. This book covers a wide range of topics in engineering asset management, including: asset management services provisioning; servitization; decision-making; asset management systems; industrial Internet of things; and vulnerability and resilience of infrastructure systems. The breadth and depth of these state-of-the-art, comprehensive proceedings make them an excellent resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students.
Author: Diego Galar
Publisher: CRC Press
ISBN: 1351650238
Category : Technology & Engineering
Languages : en
Pages : 413
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Book Description
Authors have attempted to create coherent chapters and sections on how the fundamentals of maintenance cost should be organized, to present them in a logical and sequential order. Necessarily, the text starts with importance of maintenance function in the organization and moves to life cycle cost (LCC) considerations followed by the budgeting constraints. In the process, they have intentionally postponed the discussion about intangible costs and downtime costs later on in the book mainly due to the controversial part of it when arguing with managers. The book will be concluding with a short description of a number of sectors where maintenance cost is of critical importance. The goal is to train the readers for a deeper study and understanding of these elements for decision making in maintenance, more specifically in the context of asset management. This book is intended for managers, engineers, researchers, and practitioners, directly or indirectly involved in the area of maintenance. The book is focused to contribute towards better understanding of maintenance cost and use of this knowledge to improve the maintenance process. Key Features: • Emphasis on maintenance cost and life cycle cost especially under uncertainty. • Systematic approach of how cost models can be applied and used in the maintenance field. • Compiles and reviews existing maintenance cost models. • Consequential and direct costs considered. • Comparison of maintenance costs in different sectors, infrastructure, manufacturing, transport.
Author: Rama Srinivasan Velmurugan
Publisher: Springer Nature
ISBN: 3030741540
Category : Business & Economics
Languages : en
Pages : 177
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Book Description
This book introduces readers to essential strategies, practices, and benchmarking for asset maintenance in operations intensive industries. Drawing on a case study from the oil and gas sector, it offers a methodology and practical solutions to help maintenance practitioners select and formulate an asset maintenance strategy, and to establish best maintenance practices at an organizational level using the frameworks developed here. It is intended for industry practitioners, young maintenance professionals, and students of engineering management who aspire to a career in operations intensive industries.
