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| asset lifecycle management process: 10 Rights of Asset Management Ramesh Gulati, Terrence O'Hanlon, 2018-06-27 The 10 Rights of Asset Management is about doing the right things at a system asset level in order to create greater value from the assets during their lifecycle. However, it's very important to ensure open communication and leadership support in creating the right policies and plans. Each of the 10 Rights are elaborated in ten separate chapters in the book: Specify It Right, Design It Right, Source It Right, Build/Fabricate It Right, Install/Commission It Right, Operate It Right, Maintain It Right, Improve/Modify It Right, Dispose/Decommission It Right, and Manage It Right. By implementing The 10 Rights of Asset Management, you will enable your organization to get more value from its assets and be in compliance with ISO 55000. |
| asset lifecycle management process: Engineering Asset Management Dimitris Kiritsis, Christos Emmanouilidis, Andy Koronios, Joseph Mathew, 2011-02-03 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. |
| asset lifecycle management process: Engineering Asset Management Joseph Mathew, Lin Ma, Andy Tan, Deryk Anderson, 2008-02-06 It is with great pleasure that we welcome you to the inaugural World Congress on Engineering Asset Management (WCEAM) being held at the Conrad Jupiters Hotel on the Gold Coast from July 11 to 14, 2006. More than 170 authors from 28 countries have contributed over 160 papers to be presented over the first three days of the conference. Day four will be host to a series of workshops devoted to the practice of various aspects of Engineering Asset Management. WCEAM is a new annual global forum on the various multidisciplinary aspects of Engineering Asset Management. It deals with the presentation and publication of outputs of research and development activities as well as the application of knowledge in the practical aspects of: strategic asset management risk management in asset management design and life-cycle integrity of physical assets asset performance and level of service models financial analysis methods for physical assets reliability modelling and prognostics information systems and knowledge management asset data management, warehousing and mining condition monitoring and intelligent maintenance intelligent sensors and devices regulations and standards in asset management human dimensions in integrated asset management education and training in asset management and performance management in asset management. We have attracted academics, practitioners and scientists from around the world to share their knowledge in this important emerging transdiscipline that impacts on almost every aspect of daily life. |
| asset lifecycle management process: Optimum Decision Making in Asset Management Carnero, María Carmen, González-Prida, Vicente, 2016-08-24 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. |
| asset lifecycle management process: Maintenance Excellence John D. Campbell, Andrew K.S. Jardine, 2001-02-13 Considering maintenance from a proactive, rather than reactive, perspective, Maintenance Excellence details the strategies, tools, and solutions for maximizing the productivity of physical assets—focusing on profitability potential. The editors address contemporary concerns, key terms, data requirements, critical methodologies, and essential mathematical needs. They present maintenance in a business context, review planning, measurement, feedback, and techniques related to cost, efficiency, and results, and summarize applications of tools and software from statistics and neural networks to cost-optimized models. |
| asset lifecycle management process: Physical Asset Management Nicholas Anthony John Hastings, 2009-09-29 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. |
| asset lifecycle management process: Dealing with Aging Process Facilities and Infrastructure CCPS (Center for Chemical Process Safety), 2018-04-24 Examines the concept of aging process facilities and infrastructure in high hazard industries and highlights options for dealing with the problem while addressing safety issues This book explores the many ways in which process facilities, equipment, and infrastructure might deteriorate upon continuous exposure to operating and climatic conditions. It covers the functional and physical failure modes for various categories of equipment and discusses the many warning signs of deterioration. Dealing with Aging Process Facilities and Infrastructure also explains how to deal with equipment that may not be safe to operate. The book describes a risk-based strategy in which plant leaders and supervisors can make more informed decisions on aging situations and then communicate them to upper management effectively. Additionally, it discusses the dismantling and safe removal of facilities that are approaching their intended lifecycle or have passed it altogether. Filled with numerous case studies featuring photographs to illustrate the positive and negative experiences of others who have dealt with aging facilities, Dealing with Aging Process Facilities and Infrastructure covers the causes of equipment failures due to aging and their consequences; plant management commitment and responsibility; inspection and maintenance practices for managing life cycle; specific aging asset integrity management practices; and more. Describes symptoms and causal mechanisms of aging in various categories of process equipment Presents key considerations for making informed risk-based decisions regarding the repair or replacement of aging process facilities and infrastructure Discusses practices for managing process facility and infrastructure life cycle Includes examples and case histories of failures related to aging Dealing with Aging Process Facilities and Infrastructure is an important book for industrial practitioners who are often faced with the challenge of managing process facilities and infrastructure as they approach the end of their useful lifecycle. |
| asset lifecycle management process: A Comprehensive Guide to the NIST Cybersecurity Framework 2.0 Jason Edwards, 2024-12-23 Learn to enhance your organization’s cybersecurit y through the NIST Cybersecurit y Framework in this invaluable and accessible guide The National Institute of Standards and Technology (NIST) Cybersecurity Framework, produced in response to a 2014 US Presidential directive, has proven essential in standardizing approaches to cybersecurity risk and producing an efficient, adaptable toolkit for meeting cyber threats. As these threats have multiplied and escalated in recent years, this framework has evolved to meet new needs and reflect new best practices, and now has an international footprint. There has never been a greater need for cybersecurity professionals to understand this framework, its applications, and its potential. A Comprehensive Guide to the NIST Cybersecurity Framework 2.0 offers a vital introduction to this NIST framework and its implementation. Highlighting significant updates from the first version of the NIST framework, it works through each of the framework’s functions in turn, in language both beginners and experienced professionals can grasp. Replete with compliance and implementation strategies, it proves indispensable for the next generation of cybersecurity professionals. A Comprehensive Guide to the NIST Cybersecurity Framework 2.0 readers will also find: Clear, jargon-free language for both beginning and advanced readers Detailed discussion of all NIST framework components, including Govern, Identify, Protect, Detect, Respond, and Recover Hundreds of actionable recommendations for immediate implementation by cybersecurity professionals at all levels A Comprehensive Guide to the NIST Cybersecurity Framework 2.0 is ideal for cybersecurity professionals, business leaders and executives, IT consultants and advisors, and students and academics focused on the study of cybersecurity, information technology, or related fields. |
| asset lifecycle management process: Asset Condition, Information Systems and Decision Models Joe E. Amadi-Echendu, Kerry Brown, Roger Willett, Joseph Mathew, 2012-11-05 Asset Condition, Information Systems and Decision Models, is the second volume of the Engineering Asset Management Review Series. The manuscripts provide examples of implementations of asset information systems as well as some practical applications of condition data for diagnostics and prognostics. The increasing trend is towards prognostics rather than diagnostics, hence the need for assessment and decision models that promote the conversion of condition data into prognostic information to improve life-cycle planning for engineered assets. The research papers included here serve to support the on-going development of Condition Monitoring standards. 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. Asset Condition, Information Systems and Decision Models will be of particular interest to finance, maintenance, and operations personnel whose roles directly affect the capability value of engineering asset base, as well as asset managers in both industry and government. |
| asset lifecycle management process: AASHTO Transportation Asset Management Guide American Association of State Highway and Transportation Officials, 2011 Aims to encourage transportation agencies to address strategic questions as they confront the task of managing the surface transportation system. Drawn form both national and international knowledge and experience, it provides guidance to State Department of Transportation (DOT) decision makers, as well as county and municipal transportation agencies, to assist them in realizing the most from financial resources now and into the future, preserving highway assets, and providing the service expected by customers. Divided into two parts, Part one focuses on leadership and goal and objective setintg, while Part two is more technically oriented. Appendices include work sheets and case studies. |
| asset lifecycle management process: Pocket CIO – The Guide to Successful IT Asset Management Phara McLachlan, 2018-03-30 Create and manage a clear working IT asset management strategy with this unique guide Key Features A detailed IT Asset Management (ITAM) guidebook with real-world templates that can be converted into working ITAM documents Includes in-depth discussion on how risk management has changed and the possible solutions needed to address the new normal A step-by-step ITAM manual for newbies as well as seasoned ITAM veterans Book DescriptionThis book is a detailed IT Asset Management (ITAM) guidebook with real-world templates that can be converted into working ITAM documents. It is a step-by-step IT Asset Management manual for the newbies as well as the seasoned ITAM veterans, providing a unique insight into asset management. It discusses how risk management has changed over time and the possible solutions needed to address the new normal. This book is your perfect guide to create holistic IT Asset Management and Software Asset Management programs that close the risk gaps, increases productivity and results in cost efficiencies. It allows the IT Asset Managers, Software Asset Managers, and/or the full ITAM program team to take a deep dive by using the templates offered in the guidebook. You will be aware of the specific roles and responsibilities for every aspect of IT Asset Management, Software Asset Management, and Software License Compliance Audit Response. By the end of this book, you will be well aware of what IT and Software Asset Management is all about and the different steps, processes, and roles required to truly master it.What you will learn Close the hidden risk gaps created by IT assets (hardware and software) Create and manage a proactive ITAM and SAM program and policy A clear, concise explanation of what IT Asset Management and Software Asset Management is, the benefits, and results The best ways to manage a software audit and how to be prepared for one Considerations for selecting the best technology for a specific company including what questions should be asked at the onset Increasing ITAM program and project success with change management Who this book is for This book is intended for CIOs, VPs and CTOs of mid to large-sized enterprises and organizations. If you are dealing with changes such as mergers, acquisitions, divestitures, new products or services, cyber security, mandated regulations, expansion, and much more, this book will help you too. |
| asset lifecycle management process: ITAMOrg® IT Asset Management Foundation Courseware Jan Øberg, 2020-09-17 ITAMOrg® IT Asset Management Foundation Certifications is suitable for individuals wanting to demonstrate they have achieved sufficient understanding of how to apply and tailor the ITAM practices. Changing business practices, the introduction of new technologies, combined with customer and stakeholder feedback led to the need for understanding ITAM disciplines. The ITAMOrg guidance will be easier to navigate and understand the ITAM practical in its approach. The Foundation exam with a fundamental understanding of the ITAM elements and equips the participant to focus on the practical skills to apply ITAM practices. Key benefits: • ITAM can be successfully applied to any sized organisation, and professional role • ITAM leverages off the real-life expertise of the global ITAMOrg community, offering a overview of the ITAM disciplines and IT Asset areas to be controlled. • The exams highlight real world applications that equip professionals for success in IT Asset Management This Courseware is suited for the ITAMOrg® 2020 Foundation exam. There is also a sample exam added of the ITAMOrg® 2020 Foundation in case the participant prefers to refresh its knowledge. The Exam is delivered in English. |
| asset lifecycle management process: IT Asset Management Foundation (ITAMF) – Workbook - Second edition Jan Øberg, 2020-11-15 IT Asset Management Foundation (ITAMF) is a certification that validates a professional’s knowledge on managing the IT assets as part of an organization’s strategy, compliance and risk management. The content covered by the certification is based upon the philosophy of ITAMOrg, a membership organization and thought leader in IT Asset Management. The certificate IT Asset Management Foundation is part of the ITAMOrg qualification program and has been developed in cooperation with international experts in the field. This workbook will help you prepare for the IT Asset Management Foundation (ITAMF) exam and provides you with an overview of the four key areas of IT Asset Management: • Hardware Asset Management, including ‘mobile devices’; • Software Asset Management; • Services & Cloud Asset Management; • People & Information Asset Management, including ‘Bring Your Own Device’ (BYOD). |
| asset lifecycle management process: Information Systems for Engineering and Infrastructure Asset Management Abrar Haider, 2012-11-08 Engineering and infrastructure assets maintain the lifeline of economies. It is, therefore, critical to manage these assets in such a way that they provide a consistent level of service throughout their lifecycle. Management of asset lifecycle, however, is information intensive and utilises a plethora of information systems. The role of theses systems in asset management is much more profound. It extends beyond the organizational boundaries and addresses business relationships with external stakeholders to deliver enhanced level of business outcomes. In doing so information systems are not only required to translate business strategic considerations into action, but are also expected to produce learnings and feedback that informs business strategy and aids in strategic reorientation. |
| asset lifecycle management process: Engineering Asset Management and Infrastructure Sustainability Joseph Mathew, Lin Ma, Andy Tan, Margot Weijnen, Jay Lee, 2012-05-11 Engineering Asset Management 2010 represents state-of-the art trends and developments in the emerging field of engineering asset management as presented at the Fifth World Congress on Engineering Asset Management (WCEAM). The proceedings of the WCEAM 2010 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 Asset data warehousing, data mining and fusion Asset performance and level-of-service models Design and life-cycle integrity of physical 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 Sustainability in asset management |
| asset lifecycle management process: CFO Insights C. Cristian Wulf, 2006-07-28 The benefits Carrefour achieved have been substantially in excess of predictions. The Shared Service accounting centers enabled streamlined processes, lowered costs, and introduced standard processes, a standard system, and standard data for a global company. The new infrastructure can support rapid expansion and can add new stores with the flip of a switch. From a systems point of view, Carrefour now has a 'factory' in place to deliver high-efficiency systems, tools, processes, and training. --From Chapter 9, Implementation and Operational Imperatives for ERP The benefits of efficient information delivery are demonstrated by the results of one of the world's largest mySAP.com implementations. Siemens achieved a twenty-five percent cost reduction through streamlined information delivery and improved access to financial information. It also enhanced its reporting capabilities from seventy percent to nearly 100 percent through increased intranet availability. --From Chapter 3, Financial and Management Reporting Research shows that high-performance businesses and governments use finance technology as one of the capabilities to help executives make better decisions for resource allocation, while at the same time increasing productivity. CFO Insights: Enabling High Performance through Leading Practices for Finance ERP includes a number of case studies and lessons learned from Accenture clients across a variety of industries that have implemented, upgraded, and operated Oracle/PeopleSoft and SAP. Each case study highlights vital thoughts, benefits, and considerations and provides relevant guidance as one proceeds with an ERP on the journey toward high performance. |
| asset lifecycle management process: Innovations in Industrial Engineering José Machado, Filomena Soares, Justyna Trojanowska, Vitalii Ivanov, 2021-06-23 This book covers a variety of topics in the field of industrial engineering, with a special focus on research and industrial applications aimed at both improving quality of processes and products and contributing to a sustainable economy. Based on a set of papers presented at the 1st International Conference “Innovation in Engineering”, ICIE, held in Guimarães, Portugal, on June 28–30, 2021, it focuses on innovative technologies associated with and strategies for the development of Industry 4.0. The chapters discuss new ways to improve industrial production and supply chain management by applying mathematical and computational methods. They also cover important issues relating to sustainability, education, and collaborations between industry and universities, and national developments. This book, which belongs to a three-volume set, provides engineering researchers and professionals with a timely overview and extensive information on trends and technologies behind the current and future developments of Industry 4.0. |
| asset lifecycle management process: Definitions, Concepts and Scope of Engineering Asset Management Joe E. Amadi-Echendu, Kerry Brown, Roger Willett, Joseph Mathew, 2010-11-02 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. |
| asset lifecycle management process: LISS 2023 Daqing Gong, |
| asset lifecycle management process: Asset Management Excellence Don M. Barry, 2024-02-09 This is the third edition of Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions. This edition acknowledges and introduces the many changes to the Asset Management business while continuing to explain the supporting fundamentals. Since the second edition, there have been many influences of change in asset management, society’s expectations, and supporting technologies. In this edition, the contributors have revisited the content and have updated and added insights and information based on the emerging influences in thinking and the continued evolution of applied technologies since the prior editions. New in the Third Edition: Updates across each of the second edition chapters to align with today’s insights Updates on technologies now available to support Asset Management, including related software packaging, the Internet of Things (IoT), Machine Learning, and Artificial Intelligence Insights on how Information Technology can step up to help an asset-intensive organization compete, drive to operational excellence and automation A chapter on sustainability and the influence Asset Management may have on this higher-focus priority A chapter on change enablement as the process and technology changes impact the various stakeholders of asset-intensive organizations The fundamentals of Asset Management are essential as Asset-intensive organizations look to technologies to help them compete. AI is becoming pervasive but must be confirmed and aligned with the fundamentals. This edition will provoke thought as each organization determines its next steps toward its new challenges in Asset Management. |
| asset lifecycle management process: Information Quality Management: Theory and Applications Al-Hakim, Latif, 2006-09-30 The Internet and mobile commerce bring with them ubiquitous connectivity, real-time access, and overwhelming volumes of data and information. The growth of data warehouses and communication and information technologies has increased the need for high information quality management in organizations. Information Quality Management: Theory and Applications provides solutions to information quality problems that are becoming increasingly prevalent. Information Quality Management: Theory and Applications provides insight and support for professionals and researchers working in the field of information and knowledge management, information quality, practitioners and managers of manufacturing, and service industries concerned with the management of information. |
| asset lifecycle management process: IT Service Management Best Practices Using IBM SmartCloud Control Desk Axel Buecker, Bo Batty, Jason Brown, Alex Chung, Samuel Hokama, Aurelien Jarry, Leonardo Matos, Daniel Wiegand, IBM Redbooks, 2013-12-12 SmartCloud Control Desk is a comprehensive IT Asset and Service Management solution that helps reduce cost and minimize service disruptions. It does so through automated service request handling, efficient change management, and optimized asset lifecycle management across IT and enterprise domains. SmartCloud Control Desk helps to reduce total cost of ownership by using one unified solution to license, install, and manage multiple ITIL processes under one price point. It can also help reduce business risk by using advanced impact analysis and defining automated change procedures that ensure integrity of existing infrastructure while supporting business agility. SmartCloud Control Desk improves efficiency and quality of service by unifying asset, change, and problem management. It lowers cost and mitigates license compliance risk by performing end to end software asset management. It also delivers an adaptive, role-based simplified UI that can be more intuitive for novice users, which reduces training costs, while allowing access from anywhere at anytime through mobile device support that includes BlackBerry, iOS, and Android. In addition, SmartCloud Control Desk supports both a profit center business model for internal IT organizations, and an external Service Provider model. It allows organizations to manage customers and customer agreements and bills for managed assets, usage, and work activities while improving utilization rates and reducing unnecessary purchases by managing the IT asset lifecycle. You can deploy SmartCloud Control Desk in a variety of ways; traditional on-premise, SaaS, VM image. This approach can make it more affordable to meet your current business needs, and seamlessly move between delivery models while keeping the same functionality. This IBM® Redbooks® publication covers IBM SmartCloud® Control Desk product configuration, customization, and implementation best practices. |
| asset lifecycle management process: Renovating Healthcare IT Susan Snedaker, 2023-11-22 Healthcare IT is under tremendous pressure in today’s environment: Budgets are shrinking; staff are in short supply; cloud, mobile, and data are driving expansion and innovation. Consumer expectations are high while agility and speed to market for many HIT organizations is low. The exponential growth of data sources and the need to empower healthcare with data-driven intelligence is pushing capabilities. The words digital transformation are infused in just about every discussion and serve to amplify organizational expectations of IT. In this environment, IT departments have to retool, rethink, and revise their way of operating. Few have the option of starting from scratch; the vast majority of organizations have built IT functions over decades. Now, it’s time to remodel and renovate for the future. This book walks the reader through the process of determining what type of IT function they have today and what they’ll need tomorrow. It discusses how to assess and analyze IT capabilities and then develop and implement a plan to renovate in place. By retooling now, the IT function can successfully meet the growing demands of the organization in the future. When approached in a planful manner, this process of renovating can energize the entire organization and help foster innovation and transformation along the way. |
| asset lifecycle management process: Energy Production and Management in the 21st Century E. R. Magaril, C. A. Brebbia, M. Y. Khodorovsky, 2014-04-23 Discussing the future of energy production and management in a changing world, this book contains the proceedings of the first international conference on Energy Production and Management in the 21st Century – The Quest for Sustainable Energy. Developed societies require an ever increasing amount of energy resources, which creates complex technological challenges. The idea is to compare conventional energy sources, particularly hydrocarbons, with a number of other ways of producing energy, emphasising new technological developments. The challenge in many cases is the conversion of new sources of energy into useful forms, while finding efficient ways of storing and distributing energy. Energy policies and management are of primary importance to achieving sustainability, and need to be consistent with recent advances made in energy production and distribution. The book will also discuss the energy use of industrial processes, including the imbedded energy contents of materials, particularly those in the built environment. Energy production, distribution and usage, result in environmental risks which need to be better understood. They are part of the energy economics and relate to human environmental health as well as ecosystems behaviour. Topics covered include: Energy production; Energy management; Energy policies; Energy and economic growth; Energy efficiency; Hydropower; Wind energy; Solar energy; Nuclear energy; Biomass and biofuels; Energy storage; Hydrocarbons; Gas production; Processing of oil and gas; Energy conversion; Energy savings; Energy in the built environment; Energy networks; Pipelines; Energy balance; Energy economics; Heat, pumping systems; Environmental risk; Safety management; Emissions; C-O2 separation and storage; Imbedded energy; Energy and transport; Energy use in industry; Energy transmission and distribution; Energy industry efficiency; Energy security; Training in energy and sustainability. |
| asset lifecycle management process: Maintenance Parts Management Excellence Don M. Barry, 2023-02-22 Most successful organizations recognize Maintenance Parts and Procurement as a critical success factor to Asset Management Excellence and their fundamental supply chain value proposition. This book works as a guide to all the stakeholders that influence the success of their Maintenance Parts Operation and their enterprise’s bottom line. Maintenance Parts Management Excellence: A Holistic Anatomy defines the Maintenance Parts Managements role in Asset Management Excellence and expands on the importance of the Parts Inventory Planner role in an organization. It discusses how to create a unique Maintenance Parts Management Strategy for an organization and offers insights on the multiple strategies needed to create and maintain a Maintenance Parts inventory policy. The book also provides an organized overall approach to creating Maintenance Parts Management Excellence in an enterprise. Executives with an organization responsible for the construction, management, and disposal of all assets classes (plant, equipment, IT assets), consultants responsible for assignments associated with optimizing life cycle decisions for clients, maintenance, and reliability professionals within an organization, will benefit from this professional plus book. Upper-level undergraduate engineering students, as well as graduate students of management who focus on operations management and engineering graduate students addressing issues of maintenance and reliability engineering, may also be interested in this book. |
| asset lifecycle management process: Financial Services and General Government Appropriations for 2015 United States. Congress. House. Committee on Appropriations. Subcommittee on Financial Services and General Government, 2014 |
| asset lifecycle management process: ITAMOrg® Software Asset Management Specialist Courseware Jesper Østergaard, 2020-10-22 ITAMOrg® IT Software Asset Management Certifications is suitable for individuals wanting to demonstrate they have achieved sufficient understanding of how to apply and tailor the Software Asset Management practices. Changing business practices, the introduction of new technologies, combined with customer and stakeholder feedback led to the need for understanding Software Asset Management disciplines. The ITAMOrg guidance will be easier to navigate and understand the Software Asset Management practical in its approach. The Software Asset Management exam with a fundamental understanding of the SAM elements and equips the participant to focus on the practical skills to apply SAM practices. Key benefits: • ITAM can be successfully applied to any sized organisation, and professional role • ITAM leverages off the real-life expertise of the global ITAMOrg community, offering a overview of the ITAM disciplines and IT Asset areas to be controlled. • The exams highlight real world applications that equip professionals for success in IT Asset Management This Courseware is suited for the ITAMOrg® 2020 SAM exam. There is also a sample exam added of the ITAMOrg® 2020 Software Asset Management in case the participant prefers to refresh its knowledge. The Exam is delivered in English. |
| asset lifecycle management process: Maintenance Costs and Life Cycle Cost Analysis Diego Galar, Peter Sandborn, Uday Kumar, 2017-09-18 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. |
| asset lifecycle management process: Sustainable Asset Management Roopchan Lutchman, 2006 Presents ways of maintaining and improving assets in utilities and manufacturing environments. |
| asset lifecycle management process: Cyber Risk Management Christopher J Hodson, 2024-02-03 How can you manage the complex threats that can cause financial, operational and reputational damage to the business? This practical guide shows how to implement a successful cyber security programme. The second edition of Cyber Risk Management covers the latest developments in cyber security for those responsible for managing threat events, vulnerabilities and controls. These include the impact of Web3 and the metaverse on cyber security, supply-chain security in the gig economy and exploration of the global, macroeconomic conditions that affect strategies. It explains how COVID-19 and remote working changed the cybersecurity landscape. Cyber Risk Management presents a data-centric approach to cyber risk management based on business impact assessments, data classification, data flow modelling and assessing return on investment. It covers pressing developments in artificial intelligence, machine learning, big data and cloud mobility, and includes advice on dealing with malware, data leakage, insider threat and Denial-of-Service. With analysis on the innate human factors affecting cyber risk and awareness and the importance of communicating security effectively, this book is essential reading for all risk and cybersecurity professionals. |
| asset lifecycle management process: Proceedings of the 2023 7th International Seminar on Education, Management and Social Sciences (ISEMSS 2023) Shakila Yacob, Berat Cicek, Joanna Rak, Ghaffar Ali, 2023-12-01 This is an open access book. ISEMSS 2023 was held on July 14–16, 2023 in Kunming, China. And provide a platform for scholars in related fields to exchange ideas and: Develop and advance social development through the study and application of certain social issues. Open up new perspectives and broaden the horizons of looking at issues in the discussions of the participants. Create a forum for sharing, research, and exchange on an international level, allowing participants to learn about the latest research directions, results, and content in different fields thus stimulating them to new research ideas. Papers on Education, Management and Social Sciences will be accepted and published in the form of conference proceedings for those who cannot attend the conference. |
| asset lifecycle management process: The Value Chain Network David W. Walters, Deborah A. Helman, 2023-11-15 This book explores how the network sustainable business model is being built in response to the significant changes that are increasing strategic effectiveness and operating efficiency. Incorporating the new post-COVID19 digital landscape, it synthesizes the outputs of practitioner oriented publications and integrates these with classic concepts in operations strategy to provide a unique perspective on value generally, and the value chain network as a part of the business model in the Industry 4.0/5.0 environment specifically. Including illustrative case examples and pursuing a unique workbook approach, each chapter is built around a set of diagrams, making the concepts more accessible for graduate business students and practitioners alike. |
| asset lifecycle management process: Public Sector Property Asset Management Malawi Ngwira, David Manase, 2015-12-21 In many public sector organisations, there has been little or no adoption of a proactive asset management strategy. Where an extensive property portfolio exists, this can result in poor overall utilisation of the portfolio, exemplified by excessive vacant property or properties not being put to best use. In such situations there is a risk that the building stock deteriorates more rapidly than expected, leading to expensive maintenance and repair charges. Lack of a proactive asset management strategy will impact on the services delivered by such organisations. Public Sector Property Asset Management covers all aspects of asset management in the public sector, including the overall concept, the development of asset management strategies and the implementation of asset management practices. It evaluates asset management strategies, processes and practices to show how effective management of property assets support business activities or service delivery functions. The reader will understand the importance of improving decision-making through the recognition of all costs of owning and operating those assets throughout their lifecycle, leading to improved business process activities or service delivery functions which greatly assist in meeting the social and economic objectives of such organisations. Written for all practitioners currently involved in asset management, the book will also be useful in the university environment, to those teaching, researching or learning about asset management in the public sector. |
| asset lifecycle management process: Frontier Computing Jason C. Hung, Neil Y. Yen, Jia-Wei Chang, 2023-05-24 This book gathers the proceedings of the 12th International Conference on Frontier Computing, held in Tokyo, Japan, on July 12–15, 2022, and provides comprehensive coverage of the latest advances and trends in information technology, science, and engineering. It addresses a number of broad themes, including communication networks, business intelligence and knowledge management, Web intelligence, and related fields that inspire the development of information technology. The respective contributions cover a wide range of topics: database and data mining, networking and communications, Web and Internet of things, embedded systems, soft computing, social network analysis, security and privacy, optical communication, and ubiquitous/pervasive computing. Many of the papers outline promising future research directions, and the book benefits students, researchers, and professionals alike. Further, it offers a useful reference guide for newcomers to the field. |
| asset lifecycle management process: The Universal Language of Core Systems Management Tanesha Bokally, 2018-05-14 This workflow manual expounds on 10 Core Assessments in 10 Key Areas to assist Owners, Managers, and Administrators in making informed decisions about their projects and different types of work. |
| asset lifecycle management process: 15th WCEAM Proceedings João Onofre Pereira Pinto, Marcio Luiz Magri Kimpara, Renata Rezende Reis, Turuna Seecharan, Belle R. Upadhyaya, Joe Amadi-Echendu, 2022-03-24 This book gathers selected peer-reviewed papers from the 15th World Congress on Engineering Asset Management (WCEAM), which was hosted by The Federal University of Mato Grosso do Sul Campo Grande, Brazil, from 15–-18 August 2021 This book covers a wide range of topics in engineering asset management, including: strategy and standards; sustainability and resiliency; servitisation and Industry 4.0 business models; asset information systems; and asset management decision-making. 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. |
| asset lifecycle management process: Services Computing Liang-Jie Zhang, Jia Zhang, Hong Cai, 2008-08-07 This book bridges the gap between Business and IT services and proposes an original life-cycle view of the modern service industry. Major solution architectures, technologies and research methods are discussed in the lifecycle of services innovation research. The book provides readers with new research and solution methods to enable IT services and computing technology to better create and manage business services, which is the goal of Services Computing. |
| asset lifecycle management process: Innovations in Smart Cities Applications Volume 7 Mohamed Ben Ahmed, |
| asset lifecycle management process: Decision Management: Concepts, Methodologies, Tools, and Applications Management Association, Information Resources, 2017-01-30 The implementation of effective decision making protocols is crucial in any organizational environment in modern society. Emerging advancements in technology and analytics have optimized uses and applications of decision making systems. Decision Management: Concepts, Methodologies, Tools, and Applications is a compendium of the latest academic material on the control, support, usage, and strategies for implementing efficient decision making systems across a variety of industries and fields. Featuring comprehensive coverage on numerous perspectives, such as data visualization, pattern analysis, and predictive analytics, this multi-volume book is an essential reference source for researchers, academics, professionals, managers, students, and practitioners interested in the maintenance and optimization of decision management processes. |
| asset lifecycle management process: Military Construction, Veterans Affairs, and Related Agencies Appropriations for 2017 United States. Congress. House. Committee on Appropriations. Subcommittee on Military Construction, Veterans Affairs, and Related Agencies, 2016 |
Managing a Hardware Asset Management Lifecycle
IT Hardware Asset Management or (HAM) is the process of tracking, managing, and optimizing an organization's physical IT assets throughout their lifecycle. This includes devices such as …
Software Asset Management (SAM) - ServiceNow
This process guide will provide a detailed explanation on how the Software Asset Management process is enabled within the ServiceNow platform. It is intended that this process be followed as
Connected Everything: Asset lifecycle management - Deloitte …
We provide a wide-range of value throughout the entire asset lifecycle, advising clients on improvements to processes, controls, data, and systems across key functional capabilities. …
ASSET MANAGEMENT HANDBOOK AND TOOLKIT - NH …
Asset Management is about delivering a specified level of service to customers at an optimal life cycle cost and an acceptable level of risk with a strategy that ensures long-term sustainability …
The Asset Management Lifecycle Explained - glidertech.com
It supports the asset lifecycle from planning and design to decommissioning. With accurate and up-to-date information, asset owners can identify maintenance needs, assess risks, …
Asset Lifecycle Information Management - arcweb.com
Information is fundamental to effective Asset Lifecycle Management1 (ALM). It has to be complete, accurate, and seamlessly integrated with all workflows for an asset-intensive …
Asset Lifecycle Management Checklist
In today’s fast-paced business environment, mastering asset management is not just a necessity—it's a competitive edge. Whether you're overseeing property assets or complex …
Brochure.Asset Life Cycle Management - Pragma
Introduces the model and definitions of asset life cycle management. Provides learners with the financial tools and formulae to calculate the value and return on investment of assets. Explains …
Automating Hardware Asset Management - Bitpipe
asset lifecycle management. A truly innovative hardware asset management approach should enable you to more easily prove which assets are in each stage of the lifecycle. Automating …
Transforming Your Approach to Utility Asset Lifecycle …
What does full utility asset lifecycle management look like… and how mature is your current approach? From initial ideation to final retirement, every utility asset follows a cyclical path, …
The Fundamentals of Asset Management - U.S. Environmental …
Core Question 1: What Is The Current State Of My Assets? Core Question 2: What Is My Required “Sustainable” Level Of Service? Core Question 3: Which Assets Are Critical To …
IT Asset Management Benefits & Best Practices - SolarWinds
IT asset management (ITAM) is a set of business practices that join financial, contractual, and inventory functions to support life cycle management and strategic decision making for the IT …
ASSET MANAGEMENT LIFECYCLE - HUD.gov
This chapter provides an overview of the asset management lifecycle for MFH properties and summarizes key asset management concepts that will be covered in the ensuing chapters.
ASSET LIFECYCLE MANAGEMENT SERVICES (ALM SERVICES)
The ALM Services include a comprehensive portfolio of methods to collect transmission and distribution asset health data, a set of proven analytics and consulting services to build and …
The Role of Operations and Maintenance in Asset Management
a key component of the asset management process as O&M practices can significantly impact asset lifecycle costs, management of risk, and service delivery performance.
Capital Asset Lifecycle Management - Siemens PLM Software
What is Capital Asset Lifecycle Management? Capital asset lifecycle management is the adaptation and application of product lifecycle management (PLM) concepts and techniques to …
Now on Now: How we use HAM to streamline and automate …
ServiceNow HAM provides visibility throughout the entire asset lifecycle. When we implemented HAM, we redesigned vendor workflows, and streamlined and automated our lifecycle …
Simplifying Asset Decisions with End-to-End Asset Lifecycle …
With the IFS end-to-end asset management solution portfolio, maintenance teams can use data-driven decision-making to evaluate strategy options, highlighting their pros and cons.
Software Asset Management - ServiceNow
SAM is the process responsible for managing and optimizing the request, acquisition, deployment, maintenance, utilization, and disposal of software entitlements.
Asset Management 101: A Step by Step Asset Management …
all approach for agencies determining how to best manage their assets. Agencies vary in their level of asset management maturity, as well as funding, reso. discipline of Asset Management …
Managing a Hardware Asset Management Lifecycle
IT Hardware Asset Management or (HAM) is the process of tracking, managing, and optimizing an organization's physical IT assets throughout their lifecycle. This includes devices such as …
Software Asset Management (SAM) - ServiceNow
This process guide will provide a detailed explanation on how the Software Asset Management process is enabled within the ServiceNow platform. It is intended that this process be followed as
Connected Everything: Asset lifecycle management
We provide a wide-range of value throughout the entire asset lifecycle, advising clients on improvements to processes, controls, data, and systems across key functional capabilities. …
ASSET MANAGEMENT HANDBOOK AND TOOLKIT - NH …
Asset Management is about delivering a specified level of service to customers at an optimal life cycle cost and an acceptable level of risk with a strategy that ensures long-term sustainability …
The Asset Management Lifecycle Explained - glidertech.com
It supports the asset lifecycle from planning and design to decommissioning. With accurate and up-to-date information, asset owners can identify maintenance needs, assess risks, …
Asset Lifecycle Information Management - arcweb.com
Information is fundamental to effective Asset Lifecycle Management1 (ALM). It has to be complete, accurate, and seamlessly integrated with all workflows for an asset-intensive …
Asset Lifecycle Management Checklist
In today’s fast-paced business environment, mastering asset management is not just a necessity—it's a competitive edge. Whether you're overseeing property assets or complex …
Brochure.Asset Life Cycle Management - Pragma
Introduces the model and definitions of asset life cycle management. Provides learners with the financial tools and formulae to calculate the value and return on investment of assets. Explains …
Automating Hardware Asset Management - Bitpipe
asset lifecycle management. A truly innovative hardware asset management approach should enable you to more easily prove which assets are in each stage of the lifecycle. Automating …
Transforming Your Approach to Utility Asset Lifecycle …
What does full utility asset lifecycle management look like… and how mature is your current approach? From initial ideation to final retirement, every utility asset follows a cyclical path, …
The Fundamentals of Asset Management - U.S.
Core Question 1: What Is The Current State Of My Assets? Core Question 2: What Is My Required “Sustainable” Level Of Service? Core Question 3: Which Assets Are Critical To …
IT Asset Management Benefits & Best Practices - SolarWinds
IT asset management (ITAM) is a set of business practices that join financial, contractual, and inventory functions to support life cycle management and strategic decision making for the IT …
ASSET MANAGEMENT LIFECYCLE - HUD.gov
This chapter provides an overview of the asset management lifecycle for MFH properties and summarizes key asset management concepts that will be covered in the ensuing chapters.
ASSET LIFECYCLE MANAGEMENT SERVICES (ALM SERVICES) …
The ALM Services include a comprehensive portfolio of methods to collect transmission and distribution asset health data, a set of proven analytics and consulting services to build and …
The Role of Operations and Maintenance in Asset …
a key component of the asset management process as O&M practices can significantly impact asset lifecycle costs, management of risk, and service delivery performance.
Capital Asset Lifecycle Management - Siemens PLM Software
What is Capital Asset Lifecycle Management? Capital asset lifecycle management is the adaptation and application of product lifecycle management (PLM) concepts and techniques to …
Now on Now: How we use HAM to streamline and …
ServiceNow HAM provides visibility throughout the entire asset lifecycle. When we implemented HAM, we redesigned vendor workflows, and streamlined and automated our lifecycle …
Simplifying Asset Decisions with End-to-End Asset Lifecycle …
With the IFS end-to-end asset management solution portfolio, maintenance teams can use data-driven decision-making to evaluate strategy options, highlighting their pros and cons.
Software Asset Management - ServiceNow
SAM is the process responsible for managing and optimizing the request, acquisition, deployment, maintenance, utilization, and disposal of software entitlements.
