Definitions, Concepts and Scope of Engineering Asset Management

Definitions, Concepts and Scope of Engineering Asset Management PDF Author: Joe E. Amadi-Echendu
Publisher: Springer Science & Business Media
ISBN: 1849961786
Category : Technology & Engineering
Languages : en
Pages : 400

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Book Description
Definitions, Concepts and Scope of Engineering Asset Management, the first volume in this new review series, seeks to minimise ambiguities in the subject matter. The ongoing effort to develop guidelines is shaping the future towards the creation of a body of knowledge for the management of engineered physical assets. Increasingly, industry practitioners are looking for strategies and tactics that can be applied to enhance the value-creating capacities of new and installed asset systems. The new knowledge-based economy paradigm provides imperatives to combine various disciplines, knowledge areas and skills for effective engineering asset management. This volume comprises selected papers from the 1st, 2nd, and 3rd World Congresses on Engineering Asset Management, which were convened under the auspices of ISEAM in collaboration with a number of organisations, including CIEAM Australia, Asset Management Council Australia, BINDT UK, and Chinese Academy of Sciences, Beijing University of Chemical Technology, China. Definitions, Concepts and Scope of Engineering Asset Management will be of interest to researchers in engineering, innovation and technology management, as well as to managers, planners and policy-makers in both industry and government.

Definitions, Concepts and Scope of Engineering Asset Management

Definitions, Concepts and Scope of Engineering Asset Management PDF Author: Joe E. Amadi-Echendu
Publisher: Springer Science & Business Media
ISBN: 1849961786
Category : Technology & Engineering
Languages : en
Pages : 400

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Book Description
Definitions, Concepts and Scope of Engineering Asset Management, the first volume in this new review series, seeks to minimise ambiguities in the subject matter. The ongoing effort to develop guidelines is shaping the future towards the creation of a body of knowledge for the management of engineered physical assets. Increasingly, industry practitioners are looking for strategies and tactics that can be applied to enhance the value-creating capacities of new and installed asset systems. The new knowledge-based economy paradigm provides imperatives to combine various disciplines, knowledge areas and skills for effective engineering asset management. This volume comprises selected papers from the 1st, 2nd, and 3rd World Congresses on Engineering Asset Management, which were convened under the auspices of ISEAM in collaboration with a number of organisations, including CIEAM Australia, Asset Management Council Australia, BINDT UK, and Chinese Academy of Sciences, Beijing University of Chemical Technology, China. Definitions, Concepts and Scope of Engineering Asset Management will be of interest to researchers in engineering, innovation and technology management, as well as to managers, planners and policy-makers in both industry and government.

Engineering Asset Management

Engineering Asset Management PDF Author: Dimitris Kiritsis
Publisher: Springer Science & Business Media
ISBN: 0857293206
Category : Technology & Engineering
Languages : en
Pages : 800

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Book Description
Engineering Asset Management discusses state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Fourth World Congress on Engineering Asset Management (WCEAM). It is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering such topics as asset condition monitoring and intelligent maintenance; asset data warehousing, data mining and fusion; asset performance and level-of-service models; design and life-cycle integrity of physical assets; deterioration and preservation models for assets; education and training in asset management; engineering standards in asset management; fault diagnosis and prognostics; financial analysis methods for physical assets; human dimensions in integrated asset management; information quality management; information systems and knowledge management; intelligent sensors and devices; maintenance strategies in asset management; optimisation decisions in asset management; risk management in asset management; strategic asset management; and sustainability in asset management.

Managing Engineered Assets

Managing Engineered Assets PDF 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.

Asset Management Excellence

Asset Management Excellence PDF Author: John D. Campbell
Publisher: CRC Press
ISBN: 9780849303241
Category : Technology & Engineering
Languages : en
Pages : 496

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Book Description
During the eight years since the publication of Maintenance Excellence: Optimizing Equipment Life-Cycle Decisions the business environment has changed drastically. Globalization, consolidation, and changes in technology challenge asset management and maintenance professionals to be more efficient. Globalization and consolidation have been particularly instrumental in the changes in maintenance standards, approaches, and the use of technology to become more efficient and cost effective. Reflecting all this and more, the second edition has been renamed: Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions. New in the Second Edition: Two new chapters on Maintenance Management Fundamentals Coverage of leadership issues, the implementation of new processes, and change management Discussion of the design stage and key factors for successful implementation Understanding the dynamic influences and optimization of spares management Updated case studies Introduction to new software packages that optimize a variety of maintenance and replacement decisions Although there have been patterns and trends that have emerged around the world in asset management, the root principles are the same—personnel with tools go out to address the needs of maintaining assets. However, many of the tools, technologies, and thought processes have evolved and matured to allow a rethinking of the deeper maintenance processes. For this edition, a new set of authors and contributors have revisited the content, updated information, and added new content based on the passage of time, changes in thinking, and the introduction and improvement in technologies.

Engineering Asset Management

Engineering Asset Management PDF Author: Ian Barnard
Publisher:
ISBN: 9780982516300
Category : Engineering
Languages : en
Pages : 149

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Book Description
Ian Barnard's unique book, Engineering Asset Management an Insurance Perspective, is a compilation of experiences and observations in the fields of asset management, engineering consulting and insurance. He has been exposed to asset management systems from all parts of the world and from all types of industry. His book presents the best of the best in asset management systems and highlights common pitfalls which prevent these systems from achieving excellence. The underlying theme of the book is that it is not technology that defines an effective asset management system, but rather people. While this book presents an insurance perspective on engineering asset management systems, a central tenet of insurance is that if it saves the insurance company money, it will save the client money.

Engineering Asset Management - Systems, Professional Practices and Certification

Engineering Asset Management - Systems, Professional Practices and Certification PDF Author: Peter W. Tse
Publisher: Springer
ISBN: 3319095072
Category : Technology & Engineering
Languages : en
Pages : 1811

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Book Description
This proceeding represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Eight World Congress on Engineering Asset Management (WCEAM). The Proceedings of the WCEAM 2013 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance, 2. Asset data warehousing, data mining and fusion, 3. Asset performance and level-of-service models, 4. Design and life-cycle integrity of physical assets, 5. Deterioration and preservation models for assets, 6. Education and training in asset management, 7. Engineering standards in asset management, 8. Fault diagnosis and prognostics, 9. Financial analysis methods for physical assets, 10. Human dimensions in integrated asset management, 11. Information quality management, 12. Information systems and knowledge management, 13. Intelligent sensors and devices, 14. Maintenance strategies in asset management, 15. Optimisation decisions in asset management, 16. Risk management in asset management, 17. Strategic asset management, 18. Sustainability in asset management. King WONG served as Congress Chair for WCEAM 2013 and ICUMAS 2013 is the President of the Hong Kong Institute of Utility Specialists (HKIUS) and Convener of International Institute of Utility Specialists (IIUS). Peter TSE is the Director of the Smart Engineering Asset Management laboratory (SEAM) at the City University of Hong Kong and served as the Chair of WCEAM 2013 Organising Committee. Joseph MATHEW served as the Co-Chair of WCEAM 2013 is also WCEAM’s General Chair. He is the Chief Executive Officer of Asset Institute, Australia.

Reliability Analysis and Asset Management of Engineering Systems

Reliability Analysis and Asset Management of Engineering Systems PDF Author: Gilberto Francisco Martha de Souza
Publisher: Elsevier
ISBN: 0128235225
Category : Business & Economics
Languages : en
Pages : 316

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Book Description
Reliability Analysis and Asset Management of Engineering Systems explains methods that can be used to evaluate reliability and availability of complex systems, including simulation-based methods. The increasing digitization of mechanical processes driven by Industry 4.0 increases the interaction between machines and monitoring and control systems, leading to increases in system complexity. For those systems the reliability and availability analyses are increasingly challenging, as the interaction between machines has become more complex, and the analysis of the flexibility of the production systems to respond to machinery failure may require advanced simulation techniques. This book fills a gap on how to deal with such complex systems by linking the concepts of systems reliability and asset management, and then making these solutions more accessible to industry by explaining the availability analysis of complex systems based on simulation methods that emphasise Petri nets. Explains how to use a monitoring database to perform important tasks including an update of complex systems reliability Shows how to diagnose probable machinery-based causes of system performance degradation by using a monitoring database and reliability estimates in an integrated way Describes practical techniques for the application of AI and machine learning methods to fault detection and diagnosis problems

Asset Maintenance Engineering Methodologies

Asset Maintenance Engineering Methodologies PDF Author: José Manuel Torres Farinha
Publisher: CRC Press
ISBN: 1351869337
Category : Technology & Engineering
Languages : en
Pages : 322

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Book Description
The book aims to be reading for asset maintenance management in a perspective of whole life cycle of any type of physical asset. It deals with acquisition management, including econometric models to evaluate its life cycle, and the maintenance policies to adopt during its life until withdrawal. It also covers vital areas such as EAM/CMMS systems and its integration with the many technologies that are used to aid condition monitoring and the internet of things to improve maintenance management and to increase equipment availability. This will equip readers with new management methodologies, their requisites, and its importance to the improvement of corporate competitiveness. Key Features • Presents life cycle analysis in asset management • Attribution of tools to improve the life cycle of equipment • Provides assistance on the diagnosis of the maintenance state • Presentation of the state-of-the-art of technology to aid maintenance • Explores integration of EAM/CMMS systems with internet of things

Physical Asset Management

Physical Asset Management PDF Author: Nicholas Anthony John Hastings
Publisher: Springer Science & Business Media
ISBN: 1848827512
Category : Technology & Engineering
Languages : en
Pages : 370

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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.

Machine Learning for Asset Managers

Machine Learning for Asset Managers PDF Author: Marcos M. López de Prado
Publisher: Cambridge University Press
ISBN: 1108879721
Category : Business & Economics
Languages : en
Pages : 152

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Book Description
Successful investment strategies are specific implementations of general theories. An investment strategy that lacks a theoretical justification is likely to be false. Hence, an asset manager should concentrate her efforts on developing a theory rather than on backtesting potential trading rules. The purpose of this Element is to introduce machine learning (ML) tools that can help asset managers discover economic and financial theories. ML is not a black box, and it does not necessarily overfit. ML tools complement rather than replace the classical statistical methods. Some of ML's strengths include (1) a focus on out-of-sample predictability over variance adjudication; (2) the use of computational methods to avoid relying on (potentially unrealistic) assumptions; (3) the ability to "learn" complex specifications, including nonlinear, hierarchical, and noncontinuous interaction effects in a high-dimensional space; and (4) the ability to disentangle the variable search from the specification search, robust to multicollinearity and other substitution effects.