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asset management key performance indicators: Key Performance Indicators for Federal Facilities Portfolios National Research Council, Division on Engineering and Physical Sciences, Federal Facilities Council, Committee on Performance Indicators for Federal Real Property Asset Management, Federal Facilities Council Ad Hoc, Jocelyn S. Davis, John H. Cable, 2005-02-03 More than 30 federal departments and agencies with a wide range of missions and programs manage large inventories of facilities, also called portfolios. These portfolios range in size from a few hundred to more than a hundred thousand individual structures, buildings, and their supporting infrastructure. They are diverse in terms of facility types, mix of types, and geographic dispersal. For federal senior executives, facilities portfolio-related decisions revolve around the allocation of resources (staff, funding, time) for acquisition, renovation, operation, repair, and disposition of facilities. To make informed decisions, senior executives require information that will allow them to answer such questions as: What facilities do we have? What condition are they in? What facilities are needed to support the organization's missions? This study lays out a framework for developing and evaluating trends in facilities portfolio conditions, investments, and costs and identifies a set of key indicators that can be used to track performance over time. Some of the indicators are currently in use in some federal agencies; others will need to be developed. |
asset management key performance indicators: 10 Step KPI System Aleksey Savkin, 2017-04-18 Finding winning KPIs is not about picking some smart-sounding candidates from the long list of options. The best performance metrics are those that are born in the discussion and are tailor-made for your organization. This book is for those business professionals who are looking beyond standard performance metrics; this book will guide you step-by-step to develop the most effective KPIs. |
asset management key performance indicators: Developing Performance Indicators for Managing Maintenance Terry Wireman, 2005 This unique reference utilizes techniques based on other management measurement systems, such as the balanced scorecard. It also presents a maturing of measurement technique for maintenance and asset maintenance and development techniques allowing companies to be competitive into the future. |
asset management key performance indicators: Operations Management for Competitive Advantage Richard B. Chase, Nicholas J. Aquilano, F. Robert Jacobs, 2007-01 Chase, Jacobs and Aquilano: Operations Management for Competitive Advantage, 11/e (CJA) provides a current and thorough introduction to the concepts, processes, and methods of managing and controlling operations in manufacturing or service settings. The text provides comprehensive coverage, from high-tech manufacturing to high touch services with a balanced treatment. Chase, Jacobs, and Aquilano also thoroughly integrates and discusses current issues such as globalization; supply chain strategy, E-business, and ERP. The concepts are illustrated by using abundant real world examples, articles, illustrations, problems and cases. Technology is integral to the success of this course, as such, CJA also provide students and instructors with an innovative array of leading edge technology learning and teaching tools. |
asset management key performance indicators: KPI Mega Library RACHAD. BAROUDI, 2016-10-28 The purpose of this guide book is to give the reader a quick and effective access to the most appropriate Key Performance Indicator (KPI). The 36,000 KPIs are categorized in a logical and alphabetical order. Many organizations are spending a lot of funds on building their strategic planning and performance management capabilities. One of the current challenges is the difficulty to know what KPIs are used in similar situations. This book main objective is to acquaint the reader with available KPIs measuring performance of a specific industry, sector, international topic, and functional area. The book is divided into three sections:1) Organization Section: 32 Industries | 385 Functions | 11,000 KPIs2) Government Section: 32 Sectors | 457 Functions | 12,000 KPIs3) International Section: 24 Topics | 39 Sources | 13,000 KPIsREVIEWS: It's very interesting book. Let me also use this opportunity to congratulate you on it Augustine Botwe, M&E Consultant - Sweden Thank you for this book. As an OD and performance consultant, it will be great to have a reference like this to help assist clients and not reinvent the wheel. Congratulations on making this happen with admiration Sheri Chaney Jones - Ohio, USAFabulous book! I bought it for my company. Good work! Elizabeth Amini, CEO, Strategist - LA, USACongratulations for this tremendous work you have done with this book! Roxana Goldstein, Monitoring Consultant - Argentina This looks like a very important reference for me in my BSC consulting practice. Edy Chakra, Partner, ADDIMA Consulting - UKCongratulations for your book, it is very comprehensive! Rafael Lemaitre - Manager at Palladium Group - SpainMany thanks for sharing this valuable information. I will use as reference in my work. Edi Indriyotomo - Senior IT Mgr. - IndonesiaI am reading my copy of your great book KPI Mega Library which I bought from Amazon. Thank you, great effort! Basel A - KuwaitIt's a great idea, for folks who don't have a clue where to start. If you're a strategy consultant who shapes strategies for your clients, you need a tailored set of performance metrics Shelley Somerville, Social Change Strategist - LA, USAA very comprehensive list of KPIs across a number of functions, industries, etc. As an organizational consultant, I could use this resource as a jumping off point to discuss KPIs with a client based on their particular needs. This book could be a great tool to pick and choose the correct KPIs based on a number of criteria Anthony Bussard - Dynamic, Innovative HR Effectiveness Consultant - Boston |
asset management key performance indicators: Asset Management Excellence John D. Campbell, Andrew K.S. Jardine, Joel McGlynn, 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 management key performance indicators: 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 management key performance indicators: Case Based Research in Tourism, Travel, Hospitality and Events Marianna Sigala, Anastasia Yeark, Rajka Presbury, Marcela Fang, Karen A. Smith, 2022-01-05 This book consolidates international, contemporary and topical case study based research in tourism, travel, hospitality and events. Case studies can make learning more attractive and interesting as well as enable students to understand the theory better and develop their analytical and problem-solving skills. Using industry as an open living lab, case study based research infuses scholars into real-world industry challenges and inspires them to theorise and advance our knowledge frontiers. The book includes international case studies that can help tourism scholars build and advance (new) theories and enrich their educational practices. Case studies are accompanied with a teaching note guiding scholars to integrate case studies into instruction. Dr Kirsten Holmes, Chair, Council for Australasian Tourism and Hospitality Education (CAUTHE) There is a vital need for contemporary and well-structured case studies for use in tourism teaching. By including case studies from Australasia and key destination regions in Asia, Europe, and the Caribbean, the book is helpful for tertiary teachers globally. Professor Xander Lub, President, EuroCHRIE The book inspires educators and students. The cases provide context to students’ learning and demonstrate the richness and variation of the industry. The book also clearly demonstrates how research can inform our teaching. Professor Brian King, Chair, THE-ICE Assessment Panel The book includes cases under five themes: experiences, operations, technologies, strategy and marketing, and destinations. The book provides subject lecturers with a structure to guide students of applying theory into practice. Dr Paul Whitelaw, Academic Director, Southern Cross University This book marks a significant contribution to hospitality, tourism and events pedagogy at undergraduate and postgraduate level. At a time when the industry is demanding that our graduates have a strong grasp of “real world issues”, the case study approach provides an accessible, meaningful and relatable means by which students can engage in real world issues. |
asset management key performance indicators: Asset Management Telli Van der Lei, Paulien Herder, Ype Wijnia, 2012-01-13 In the past decades asset intensive companies have witnessed a number of regulatory changes and especially industry is facing ever increasing competitiveness. To overcome these challenges different asset management methods have been developed aimed to improve the asset life cycle. Especially the design phase and operation and maintenance phase have seen a rise in tools and methods. Smarter design can lead to improved operation. Likewise, improved operation and maintenance leads to lower replacement costs and may provide the basis for better design. This book brings together and coherently presents the current state of the art in asset management research and practice in Europe from a life cycle perspective. Each chapter focuses on specific parts of this life cycle and explains how the methods and techniques described are connected and how they improve the asset life cycle, thus treating this important subject from a unique perspective. |
asset management key performance indicators: Core Competencies for Federal Facilities Asset Management Through 2020 National Research Council, Division on Engineering and Physical Sciences, Board on Infrastructure and the Constructed Environment, Committee on Core Competencies for Federal Facilities Asset Management, 2005-2020, 2008-02-17 The U.S. government is faced with growing challenges to managing its facilities and infrastructure. A number of factors such as shrinking budgets, an aging workforce, and increasing costs demand new approaches to federal facilities management. The Federal Facilities Council of the NRC has sponsored a number of studies looking at ways to meet these challenges. This fourth study focuses on the people and skills that will needed to manage federal facilities in the next decade and beyond. The book presents a discussion of the current context of facilities management; an analysis of the forces affecting federal facilities asset management; an assessment of core competencies for federal facilities management; a comprehensive strategy for workforce development; and recommendations for implementing that strategy. |
asset management key performance indicators: 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 management key performance indicators: Key Performance Indicators for Federal Facilities Portfolios National Research Council, Division on Engineering and Physical Sciences, Federal Facilities Council, Committee on Performance Indicators for Federal Real Property Asset Management, Federal Facilities Council Ad Hoc, Jocelyn S. Davis, John H. Cable, 2005-03-03 More than 30 federal departments and agencies with a wide range of missions and programs manage large inventories of facilities, also called portfolios. These portfolios range in size from a few hundred to more than a hundred thousand individual structures, buildings, and their supporting infrastructure. They are diverse in terms of facility types, mix of types, and geographic dispersal. For federal senior executives, facilities portfolio-related decisions revolve around the allocation of resources (staff, funding, time) for acquisition, renovation, operation, repair, and disposition of facilities. To make informed decisions, senior executives require information that will allow them to answer such questions as: What facilities do we have? What condition are they in? What facilities are needed to support the organization's missions? This study lays out a framework for developing and evaluating trends in facilities portfolio conditions, investments, and costs and identifies a set of key indicators that can be used to track performance over time. Some of the indicators are currently in use in some federal agencies; others will need to be developed. |
asset management key performance indicators: The Blue Line Imperative Kevin Kaiser, S. David Young, 2013-01-28 A groundbreaking guide to making profitable business decisions Do you wonder why your value initiatives aren't providing the payoff you'd hoped for? Could it be because you've been thinking about value all wrong? According to the authors of this groundbreaking guide, there's a very good chance that you have. Using examples from leading companies worldwide, they explain why every decision a company makes either creates value or detracts from it, and why, if they hope to survive and thrive in today's increasingly competitive global marketplace, company leaders must make value-creation the centrepiece of every business decision. Authors Kaiser and Young have dubbed this approach Blue-Line Management, (BLM), and in this entertaining, highly accessible book, they delineate BLM principles and practices and show you how to implement them in your company. Explains why the failure to properly define and assess value often makes it difficult for the people who manage businesses to effect long-term success Offers guidelines for making the satisfaction of customer needs and wants—i.e. value creation—the driver of all business activities The authors are respected academics at INSEAD, the world's largest and most respected graduate business school, with campuses in Europe, Asia and the Middle East |
asset management key performance indicators: Value Driven Maintenance Mark Haarman, Guy Delahay, 2008 |
asset management key performance indicators: eMaintenance Diego Galar, Uday Kumar, 2017-06-15 eMaintenance: Essential Electronic Tools for Efficiency enables the reader to improve efficiency of operations, maintenance staff, infrastructure managers and system integrators, by accessing a real time computerized system from data to decision. In recent years, the exciting possibilities of eMaintenance have become increasingly recognized as a source of productivity improvement in industry. The seamless linking of systems and equipment to control centres for real time reconfiguring is improving efficiency, reliability, and sustainability in a variety of settings. The book provides an introduction to collecting and processing data from machinery, explains the methods of overcoming the challenges of data collection and processing, and presents tools for data driven condition monitoring and decision making. This is a groundbreaking handbook for those interested in the possibilities of running a plant as a smart asset. - Provides an introduction to collecting and processing data from machinery - Explains how to use sensor-based tools to increase efficiency of diagnosis, prognosis, and decision-making in maintenance - Describes methods for overcoming the challenges of data collection and processing |
asset management key performance indicators: IBM Maximo Asset Management. The Consultant's Guide: Second Edition Robert Zientara, 2021-05-09 This book was written by a Maximo consultant for Maximo functional consultants to help them lead implementation projects better and faster. This is already the second edition of this book, revised and extended. The book covers the topic of how to implement IBM Maximo Asset Management efficiently and bring value to customers. The book begins by describing how to prepare the project and run the workshops. There is an explanation of how to design the system and what deliverables will be. The following chapters focus on the project organization to make it productive. This part of the book can be helpful also for managers of Maximo implementation teams. The second part of the book describes Maximo applications, their interactions, and processes. You will also find here a lot of configuration examples and sample content of the project deliverables. See what my readers have to say… “…I must thank you for your contribution towards the industry and how much it can help young and upcoming business consultants like me in getting things right. Knowledge is invaluable. Thanks for your time in creating a medium to share it globally…” —Hashmeet “…The book has immensely helped me in planning the activities and deploying the project….” —Kushal “…Very well written for a consultant to understand how to approach projects. Utilize many of your talking points with my clients. Great work!...” —John |
asset management key performance indicators: Key Performance Indicators David Parmenter, 2011-01-11 Breathtaking in its simplicity and profound in its impact, Key Performance Indicators (KPI) distills the balanced scorecard process into twelve logical steps, equipping users with an implementation resource kit that includes questionnaires, worksheets, workshop outlines, and a list of over 500 performance measures. Author David Parmenter provides you with everything you need to master and implement a KPI-driven strategy. |
asset management key performance indicators: Financial Steering Martin Schwarzbichler, Christian Steiner, Daniel Turnheim, 2018-06-09 This book is a guide to how financial steering is designed, measured and implemented with a special focus on the energy industry. The authors offer an overview of and practical insights into the links between financial steering and accounting, and the temporary cycles of investment, divestment, return and loss, market highs and lows that form the framework of the entire energy industry across all value chain stages. The faster and the larger the cash cycles of investments and their returns, the greater not only the value created, but also the potential loss if the financial steering is not properly designed and managed. Value and value generation require an understanding of how value is both defined and measured in both and how the business/project economics model of a company works – financial steering provides this. Further, the book also discusses accounting topics such as impairments, new IFRS standards and the impact of accounting on key performance indicators of financial steering, which are associated with these investment decision valuations. The combination of accounting with the cash flow perspective provides a complete understanding of selected practical topics of financial steering which are explained in detail in a large number of examples and case studies. The book is intended for a wide range of finance/controlling/treasury/accounting professionals and students. It is written in practical and simple terms to outline the financial steering concept and to bring it to life in daily work and in the decision making process for financial steering. All illustrated concepts are in the same manner relevant and applicable to all other asset-intense industry sectors and their financial steering processes. |
asset management key performance indicators: 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 management key performance indicators: Public Sector Property Asset Management Malawi Ngwira, David Manase, 2016-05-03 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 management key performance indicators: Servitization and Physical Asset Management Michael John Provost, 2018-12-31 Servitization and Physical Asset Management, third edition, was developed to provide a structured source of guidance and reference information on the business opportunities linked to servitization and the management of physical assets. A growing trend in the global economy, servitization focuses on the actual deliverables of an asset from the perspective of the customer: electricity instead of the power plant, thrust instead of the engine, mobility instead of a plane or a car. The book offers high-level overviews of how to servitized and manage assets from a variety of perspectives, reviewing nearly 1,500 books, magazine articles, papers and presentations and websites. Written by Michael J. Provost, Ph.D., and a subject matter expert in modeling, simulation, analysis and condition monitoring, Servitization and Physical Asset Management, third edition, is an invaluable reference to those considering providing asset management services for the products they design and manufacture. It is also meant to support middle management wishing to know what needs to be done to look after the assets they are responsible for and who to approach for help, and academics doing research in this field. Michael Provost, is a British engineer with a doctoral degree in thermal power from Cranfield University. |
asset management key performance indicators: 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 management key performance indicators: 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 management key performance indicators: ITF Research Reports Adapting Transport to Climate Change and Extreme Weather Implications for Infrastructure Owners and Network Managers International Transport Forum, 2016-12-15 This report addresses the fundamental challenges that climate change poses to infrastructure owners, who face two major challenges. First, they must ensure continued asset performance under sometimes significantly modified climate conditions that may decrease the present value of their networks ... |
asset management key performance indicators: The 13 Key Performance Indicators for Highly Effective Teams Allam Ahmed, George Siantonas, Nicholas Siantonas, 2017-10-19 An organisation's most important asset is its people. And critical to an organisation's success is the extent to which its people interact effectively – both with each other as team members and with the wider organisation. This is why managing teams has become a key area for a growing number of organisations around the world. While many organisations are world-class at managing their materials and machinery, they fall short in managing the human side of their activities.This book outlines the challenges faced by both team leaders and team members in 21st-century workplaces. It proposes 13 key performance or team health indicators for highly effective teams based on research data collected from a large range of industry sectors, team sizes and organisations in the UK. It contributes to the understanding of the nature and functioning of team cohesiveness by describing teamwork as a multi-component variable and identifying the factors that impact on teams and the implications of teamwork for organisations.The book sets out to aid organisations by introducing a Team Performance Diagnostic (TPD) tool. The TPD enables organisations to gain an accurate and detailed insight into the real-time performance of their teams, helps team managers to understand the underlying 'people' issues within the team and how to reach higher levels of team performance quickly. The TPD has been widely used in major multinationals and the UK public sector to pinpoint hard-to-find opportunities to achieve rapid improvements.The research suggests that the use of TPD contributes to more free-flowing feedback both within the team and in the organisation as a whole, and that successful teams are indicative of a healthy organisational culture.This book is an essential guide for senior managers and policy-makers dealing with team effectiveness, and will be highly useful for students of business and management. |
asset management key performance indicators: Key Performance Indicators. A Useful Tool for CSR Reporting Joel Diener, 2015-07-27 Seminar paper from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Catholic University Eichstätt-Ingolstadt, course: Seminar Sustainable Entrepreneurship, language: English, abstract: The need to move to a more sustainable economy is understood by the management, employees, customers, investors and other stakeholders. But it is especially the investors viewpoint that influences the policy of the company. Therefore their perspective on sustainability has a high relevance. In a report from 2006 the United Nations Environmental Program Finance Initiative (UNEP FI) defines sustainability from an entrepreneurial point of view. It is “a business approach that creates long-term shareholder value by embracing opportunities and managing risks derived from economic, environmental and social developments.” |
asset management key performance indicators: Power System Assets Graeme Ancell, Gary L. Ford, Earl S. Hill, Jody Levine, Christopher Reali, Eric Rijks, Gérald Sanchis, 2022-05-23 This CIGRE Green Book describes the state-of-the-art of power Systems asset management dealing with all aspects asset management practice. The major focus of the book is on documenting practical methods that bridge the gap between just satisfying an asset management process and achieving real asset management results in the form of smarter investment decisions. The book facilitates collaboration and blending of the engineering and technical aspects of asset management and the financial considerations needed to support asset investment decisions using risk-based business case analysis. Detailed case studies are included to illustrate generic and specific or customized methods and to demonstrate the application of such methods from the technology perspectives of several CIGRE study committees. This practical guide is suitable for working asset managers and decision-makers (both engineering and financial) dealing with all aspects of the practice of asset management. |
asset management key performance indicators: Infranomics Adrian V. Gheorghe, Marcelo Masera, Polinpapilinho F. Katina, 2013-12-03 This book provides a rough entry into the interdisciplinary field of Infranomics. It enables better decision making in an increasing ambiguous, complex, emergent, interdependent, and uncertain world where we attempt to anticipate modern society trends and patterns in order to react appropriately. However, as with any emerging discipline, much research is needed at the applications and conceptual level. The applications level may require development and testing of methods, tools, and techniques to enable analysis and decision-making in ambiguous, complex, emergent, interdependent, and uncertain conditions while the conceptual level may require taping into driving philosophies, theories, and methodologies that form the basis for Infranomics. Striking the right balance between applications and conceptual foundation (theory) requires rigorous research. This book provides a springboard for robust discussions on applications, theory, and transformation of current thinking to better deal with modern society’s problematic issues using Infranomics. |
asset management key performance indicators: How to Value, Buy, or Sell a Financial Advisory Practice Mark C. Tibergien, Owen Dahl, 2010-05-13 Financial planning is a young industry. The International Association of Financial Planning—one of the predecessors to the Financial Planning Association—was formed less than forty years ago. But as the profession's first tier of advisers reaches maturity, the decisions that may be part of transition planning for their firms loom large. A sale? A partner buyout? A merger? No matter what the choice, its viability hinges on one critical issue—the value of the firm. Unfortunately, many advisers--whether veteran or novice—simply don't know the worth of their practice or how to influence it. That's why How to Value, Buy, or Sell a Financial-Advisory Practice is such an important book. It takes advisers carefully through the logic and the legwork of coming to a true assessment of one of their most important personal assets—their business. Renowned for their years of experience helping advisers tackle the daunting challenges related to the valuation, sale, and purchase of advisory firms, Mark C. Tibergien and Owen Dahl offer guidance that's essential and solutions that work. |
asset management key performance indicators: Smarter Asset Management for the Integrated Mill Akram Bou-Ghannam, PhD, IBM Redbooks, 2016-03-18 IBM® Smarter Asset Management for Integrated Mill Operations helps metals companies optimize asset performance and maintenance in the large, unified facilities known as integrated mills. The solution described in this IBM Redbooks® Solution Guide gives metal-making companies direct visibility into asset usage and operational health. It helps executives and managers at all levels make decisions that are based on accurate, up-to-date reports on the running conditions and performance of their most critical assets. It also includes predictive analytics features that can help companies get ahead of the curve in terms of plant maintenance and turnarounds. By combining sensor-based condition monitoring with advanced analytics, the solution delivers actionable, data-driven insights to aid in daily operations, shutdown and turnaround management, and regulatory compliance . It helps reduce asset downtime by ensuring maintenance is performed exactly (and only) when needed, and improves overall productivity, which increases operational equipment efficiency (OEE). |
asset management key performance indicators: Introduction to Credit Suisse Gilad James, PhD, Credit Suisse is a Swiss multinational investment bank and financial services company headquartered in Zurich, Switzerland. The company was founded in 1856 and has a strong history of serving clients in Switzerland and beyond. It is a global leader in wealth management, investment banking, and asset management services. Credit Suisse operates in more than 50 countries and has over 45,000 employees worldwide. It caters to private clients, institutional clients, and corporate clients, providing a range of financial solutions, including wealth planning, investment advisory, securities underwriting, and trading. Over the years, it has built a reputation for excellence and innovation. Its commitment to sustainability and philanthropic efforts have earned it recognition and praise from industry experts and clients alike. |
asset management key performance indicators: Energy Production and Management in the 21st Century C. A. Brebbia, E. R. Magaril, M. Y. Khodorovsky, 2014 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.Topics covered include: Energy policies; Energy and economic growth; Energy efficiency; Energy storage. |
asset management key performance indicators: Financial Management for Local Government Kay Spearman, 2006-12 This series is designed to cover all aspects of sound financial management for local governments in developed and developing countries and economies in transition. Concepts of good governance, transparency and accountability are woven into the text of every chapter, and the needs and potential obstacles to greater decentralization and democracy are highlighted. Each volume is self-contained with its own Trainer's Guide, exercises and web resources. Chapters are divided into basic and advanced concepts and the detailed relationship of each topic to the others covered in the series is explained. |
asset management key performance indicators: Industrial Research Performance Management Tatjana Samsonowa, 2011-11-19 Managers are increasingly concerned with the typical methods available for organizational performance measurement and control. Research into performance measurement, within the field of innovation management, has been variously approached through frameworks for performance measurement in general (for example, the Balanced Scorecard by Norton and Kaplan), R&D performance management, and surveys on in-use Key Performance Indicators (KPIs). It is striking, however, that almost no research has focused explicitly on the performance measurement of research activities, or indeed tried to develop a systematic approach to setting KPIs for specific research goals. This work, in co-operation with ABB Research, Deutsche Telekom AG Laboratories, EMC2 Advanced Technology Solutions, IBM Research, Intel Research, Microsoft Research, Philips Research, and SAP Research, develops a systematic approach to performance measurement for industrial research organizations in innovation-driven companies. The following questions are addressed: (1) Which research goals do research departments have? (2) Which KPIs do they use to monitor the achievement of these goals? (3) Is there a systematic best-practice approach to selecting KPIs for performance goals? The outcome is a complete set of eleven performance clusters, such as the transfer of research results to the development or other organizational departments, and each cluster has its own set of KPIs. The eleven clusters are: Technology Transfer, Future Business Opportunities, Technical Achievements, Intellectual Property, Operational Excellence, Talent Pool, Image, Publications, Presence in Scientific Community, Collaboration with Academia, Collaboration with Partners and Customers. This work led to the creation of the Institute for Industrial Research Performance Management that provides ongoing research and insights for managers of industrial research organizations. |
asset management key performance indicators: 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 management key performance indicators: Electric Power Substations Engineering John D. McDonald, 2017-12-19 The use of electric power substations in generation, transmission, and distribution remains one of the most challenging and exciting areas of electric power engineering. Recent technological developments have had a tremendous impact on all aspects of substation design and operation. With 80% of its chapters completely revised and two brand-new chapters on energy storage and Smart Grids, Electric Power Substations Engineering, Third Edition provides an extensive updated overview of substations, serving as a reference and guide for both industry and academia. Contributors have written each chapter with detailed design information for electric power engineering professionals and other engineering professionals (e.g., mechanical, civil) who want an overview or specific information on this challenging and important area. This book: Emphasizes the practical application of the technology Includes extensive use of graphics and photographs to visually convey the book’s concepts Provides applicable IEEE industry standards in each chapter Is written by industry experts who have an average of 25 to 30 years of industry experience Presents a new chapter addressing the key role of the substation in Smart Grids Editor John McDonald and this very impressive group of contributors cover all aspects of substations, from the initial concept through design, automation, and operation. The book’s chapters—which delve into physical and cyber-security, commissioning, and energy storage—are written as tutorials and provide references for further reading and study. As with the other volumes in the Electric Power Engineering Handbook series, this book supplies a high level of detail and, more importantly, a tutorial style of writing and use of photographs and graphics to help the reader understand the material. Several chapter authors are members of the IEEE Power & Energy Society (PES) Substations Committee and are the actual experts who are developing the standards that govern all aspects of substations. As a result, this book contains the most recent technological developments in industry practice and standards. Watch John D. McDonald talk about his book A volume in the Electric Power Engineering Handbook, Third Edition. Other volumes in the set: K12642 Electric Power Generation, Transmission, and Distribution, Third Edition (ISBN: 9781439856284) K12648 Power Systems, Third Edition (ISBN: 9781439856338) K13917 Power System Stability and Control, Third Edition (ISBN: 9781439883204) K12643 Electric Power Transformer Engineering, Third Edition (ISBN: 9781439856291) |
asset management key performance indicators: IT (Information Technology) Portfolio Management Step-by-Step Bryan Maizlish, Robert Handler, 2010-10-07 Praise for IT Portfolio Management Step-by-Step Bryan Maizlish and Robert Handler bring their deep experience in IT 'value realization' to one of the most absent of all IT management practices--portfolio management. They capture the essence of universally proven investment practices and apply them to the most difficult of challenges--returning high strategic and dollar payoffs from an enterprise's IT department. The reader will find many new and rewarding insights to making their IT investments finally return market leading results. --John C. Reece, Chairman and CEO, John C. Reece & Associates, LLC Former deputy commissioner for modernization and CIO of the IRS IT Portfolio Management describes in great detail the critical aspects, know-how, practical examples, key insights, and best practices to improve operational efficiency, corporate agility, and business competitiveness. It eloquently illustrates the methods of building and integrating a portfolio of IT investments to ensure the realization of maximum value and benefit, and to fully leverage the value of all IT assets. Whether you are getting started or building on your initial success in IT portfolio management, this book will provide you information on how to build and implement an effective IT portfolio management strategy. --David Mitchell, President and CEO, webMethods, Inc. I found IT Portfolio Management very easy to read, and it highlights many of the seminal aspects and best practices from financial portfolio management. It is an important book for executive, business, and IT managers. --Michael J. Montgomery, President, Montgomery & Co. IT Portfolio Management details a comprehensive framework and process showing how to align business and IT for superior value. Maizlish and Handler have the depth of experience, knowledge, and insight needed to tackle the challenges and opportunities companies face in optimizing their IT investment portfolios. This is an exceptionally important book for executive leadership and IT business managers, especially those wanting to build a process-managed enterprise. --Peter Fingar, Executive Partner Greystone Group, coauthor of The Real-Time Enterprise and Business Process Management (BPM): The Third Wave A must-read for the non-IT manager who needs to understand the complexity and challenges of managing an IT portfolio. The portfolio management techniques, analysis tools, and planning can be applied to any project or function. --Richard Max Maksimoski, Senior Director R&D, The Scotts Company This book provides an excellent framework and real-world based approach for implementing IT portfolio management. It is a must-read for every CIO staff considering how to strategically and operationally impact their company's bottom line. --Donavan R. Hardenbrook, New Product Development Professional, Intel Corporation |
asset management key performance indicators: Maintenance and Reliability Best Practices Ramesh Gulati, 2012-04 Drawing upon the authors many years of shop floor and management experience in a variety of industries, this |
asset management key performance indicators: Electric Power Substations Engineering, Third Edition John D. McDonald, 2012-05-16 The use of electric power substations in generation, transmission, and distribution remains one of the most challenging and exciting areas of electric power engineering. Recent technological developments have had a tremendous impact on all aspects of substation design and operation. With 80% of its chapters completely revised and two brand-new chapters on energy storage and Smart Grids, Electric Power Substations Engineering, Third Edition provides an extensive updated overview of substations, serving as a reference and guide for both industry and academia. Contributors have written each chapter with detailed design information for electric power engineering professionals and other engineering professionals (e.g., mechanical, civil) who want an overview or specific information on this challenging and important area. This book: Emphasizes the practical application of the technology Includes extensive use of graphics and photographs to visually convey the book’s concepts Provides applicable IEEE industry standards in each chapter Is written by industry experts who have an average of 25 to 30 years of industry experience Presents a new chapter addressing the key role of the substation in Smart Grids Editor John McDonald and this very impressive group of contributors cover all aspects of substations, from the initial concept through design, automation, and operation. The book’s chapters—which delve into physical and cyber-security, commissioning, and energy storage—are written as tutorials and provide references for further reading and study. As with the other volumes in the Electric Power Engineering Handbook series, this book supplies a high level of detail and, more importantly, a tutorial style of writing and use of photographs and graphics to help the reader understand the material. Several chapter authors are members of the IEEE Power & Energy Society (PES) Substations Committee and are the actual experts who are developing the standards that govern all aspects of substations. As a result, this book contains the most recent technological developments in industry practice and standards. Watch John D. McDonald talk about his book A volume in the Electric Power Engineering Handbook, Third Edition. Other volumes in the set: K12642 Electric Power Generation, Transmission, and Distribution, Third Edition (ISBN: 9781439856284) K12648 Power Systems, Third Edition (ISBN: 9781439856338) K13917 Power System Stability and Control, Third Edition (ISBN: 9781439883204) K12643 Electric Power Transformer Engineering, Third Edition (ISBN: 9781439856291) |
asset management key performance indicators: Performance Measures and Targets for Transportation Asset Management Cambridge Systematics, National Cooperative Highway Research Program, Parsons Brinckerhoff, 2006 |
KEY PERFORMANCE INDICATORS FOR ASSET MANAGEMENT
SCOR Level 1: Performance Categories and Attributes ... Asset performance attributes 1. Cash – to – Cash cycle The cash conversion cycle (CCC) is a metric that expresses the length of time, …
Asset Management Review Guide - GSA
The GPRA requires agencies engage in performance management tasks such as setting goals, measuring results, and reporting their progress. In order to comply with the GPRA, agencies …
CRITERIA FOR EVALUATING ASSET MANAGEMENT …
This project complements the guidance released relative to Asset Management by setting the foundation of objective criteria and methodology to allow relevant measures and indicators in …
Maintenance KPI's E-Book - ASHB
Setting up and using key performance indicators lets you plan, track, and measure asset activity and performance. With an accurate picture of what assets are critical to your organization, you …
Key Performance Indicators for Road Infrastructure Asset …
Roads related concepts like Visual Condition Index (VCI) and Remaining Pavement Life (RPL) have been developed in the past by engineers for road asset management. These …
Asset Management Key Performance Indicators (PDF)
A Gutmann Asset Management Key Performance Indicators: Key Performance Indicators for Federal Facilities Portfolios National Research Council,Division on Engineering and Physical …
Key Performance Indicators
Financial Performance Performance overview Key indicators Long-Term Auto/Commercial Asset Management
Strategic Asset Management Plan - Key Performance Indicators
Strategic Asset Management Plan - Key Performance Indicators ... 1 Excludes business centres. Oct 2024
Benchmarking and performance indicators - Queensland Health
Asset management performance benchmarking is a structured comparison of specified performance indicators that relate to the asset management, maintenance and operation of …
Asset Management Key Performance Indicators (KPIs): Rule ...
Infrastructure Management Committee of American Water Works Association New Jersey section The following ideas are proposed as potential high-priority metrics for asset management …
ASSET MANAGEMENT STRATEGY - Tweed Shire
The following below sets out the relevant Key Performance Indicators (KPIs) that the Tweed Shire will use to assess the quality and effectiveness of its Asset Management practices.
IFRS 17: Redefining key performance indicators - PwC
start detailed work around identifying IFRS 17 key performance indicators (KPIs). Many have no clear view on the extent to which currently used KPIs will change under IFRS 17. As a starting …
Fundamentals of Asset Management
Set minimum levels of performance at asset level. What does your utility “sell”? 1. OCSD will comply with effluent quality standards. 3. OCSD’s effluent will be recycled. a. Treated effluent …
Asset performance management
Implemented well, asset performance management (APM) can do more than improve maintenance. By connecting systems across an enterprise, it can deliver insights to optimize …
Aim Corrosion Management: Perfect Key Performance …
This paper highlights the importance of developing and implementing key performance indicators to effectively and economically control corrosion using oil production sector as an example.
Identifying Quantitative Relationships between Key …
Amongst the PAM improvement opportunities identified by researchers and organisations is the derivation of additional, meaningful and innovative information from Key Performance …
RE: Asset Management Key Performance Indicators (KPIs): …
RE: Asset Management Key Performance Indicators (KPIs): Rule Recommendations for State Government Dear Ms. Brook, tment) during the implementation of the Water Quality …
Wastewater Treatment Division’s Asset Management Program
Jun 4, 2020 · What is Asset Management? The procurement, maintenance, repair, refurbishment and replacement of sewer lines and equipment at our pump stations and treatment plants to: …
BEST PRACTICES IN SELECTING PERFORMANCE MEASURES …
Jan 13, 2010 · This report assesses and provides guidance on best practices in performance measurement, management and standards setting for effective Transportation Asset …
Four key questions to optimize performance and align your …
As such, asset and maintenance managers are increasingly required to report on performance against key performance indicators (KPIs) such as asset utilization, risk and return on assets …
KEY PERFORMANCE INDICATORS FOR ASSET …
SCOR Level 1: Performance Categories and Attributes ... Asset performance attributes 1. Cash – to – Cash cycle The cash conversion cycle (CCC) is a metric that expresses the length of time, …
Asset Management Review Guide - GSA
The GPRA requires agencies engage in performance management tasks such as setting goals, measuring results, and reporting their progress. In order to comply with the GPRA, agencies …
CRITERIA FOR EVALUATING ASSET MANAGEMENT …
This project complements the guidance released relative to Asset Management by setting the foundation of objective criteria and methodology to allow relevant measures and indicators in …
Maintenance KPI's E-Book - ASHB
Setting up and using key performance indicators lets you plan, track, and measure asset activity and performance. With an accurate picture of what assets are critical to your organization, you …
Key Performance Indicators for Road Infrastructure Asset …
Roads related concepts like Visual Condition Index (VCI) and Remaining Pavement Life (RPL) have been developed in the past by engineers for road asset management. These …
Asset Management Key Performance Indicators (PDF)
A Gutmann Asset Management Key Performance Indicators: Key Performance Indicators for Federal Facilities Portfolios National Research Council,Division on Engineering and Physical …
Key Performance Indicators
Financial Performance Performance overview Key indicators Long-Term Auto/Commercial Asset Management
Strategic Asset Management Plan - Key Performance …
Strategic Asset Management Plan - Key Performance Indicators ... 1 Excludes business centres. Oct 2024
Benchmarking and performance indicators - Queensland …
Asset management performance benchmarking is a structured comparison of specified performance indicators that relate to the asset management, maintenance and operation of …
Asset Management Key Performance Indicators (KPIs): Rule ...
Infrastructure Management Committee of American Water Works Association New Jersey section The following ideas are proposed as potential high-priority metrics for asset management …
ASSET MANAGEMENT STRATEGY - Tweed Shire
The following below sets out the relevant Key Performance Indicators (KPIs) that the Tweed Shire will use to assess the quality and effectiveness of its Asset Management practices.
IFRS 17: Redefining key performance indicators - PwC
start detailed work around identifying IFRS 17 key performance indicators (KPIs). Many have no clear view on the extent to which currently used KPIs will change under IFRS 17. As a starting …
Fundamentals of Asset Management
Set minimum levels of performance at asset level. What does your utility “sell”? 1. OCSD will comply with effluent quality standards. 3. OCSD’s effluent will be recycled. a. Treated effluent …
Asset performance management
Implemented well, asset performance management (APM) can do more than improve maintenance. By connecting systems across an enterprise, it can deliver insights to optimize …
Aim Corrosion Management: Perfect Key Performance …
This paper highlights the importance of developing and implementing key performance indicators to effectively and economically control corrosion using oil production sector as an example.
Identifying Quantitative Relationships between Key …
Amongst the PAM improvement opportunities identified by researchers and organisations is the derivation of additional, meaningful and innovative information from Key Performance …
RE: Asset Management Key Performance Indicators (KPIs): …
RE: Asset Management Key Performance Indicators (KPIs): Rule Recommendations for State Government Dear Ms. Brook, tment) during the implementation of the Water Quality …
Wastewater Treatment Division’s Asset Management Program
Jun 4, 2020 · What is Asset Management? The procurement, maintenance, repair, refurbishment and replacement of sewer lines and equipment at our pump stations and treatment plants to: …
BEST PRACTICES IN SELECTING PERFORMANCE MEASURES …
Jan 13, 2010 · This report assesses and provides guidance on best practices in performance measurement, management and standards setting for effective Transportation Asset …
Four key questions to optimize performance and align your …
As such, asset and maintenance managers are increasingly required to report on performance against key performance indicators (KPIs) such as asset utilization, risk and return on assets …