Articles tagged with 'Asset Management Planning and Objectives'

Let's discuss the types of things that an asset management policy should contain, how long it should be, and how to develop one for your organisation.

How are big data, the internet of things, predictive technologies and predictive analytics impacting on preventive and predictive maintenance activities?

Let's look at arguably the most important document in any asset management system - the plan that captures the actions to be taken on each asset.

Let's explore the communal accountabilities that should be considered in the design phase of an asset life cycle, and the roles that different parts of an organisation play to...

While it is tempting to focus on processes and systems as being at the core of good asset management, the right behaviours and attitudes are also key.

The AMAF details mandatory asset management requirements and guidance for government organisations, and how to support service delivery objectives.

In February 2016, the Department of Treasury and Finance introduced the AMAF, which is aligned to ISO 55001 and catered towards the Victorian public sector.

Let's discuss the vital role that asset management objectives play in the asset management planning process. Without clear asset management objectives, you risk taking your organisation in the wrong...

Let’s explore an approach that will generate a Strategic Asset Management Plan that is useful and usable, using the ISO 55001 and ISO 55002 standards.

In this article, we offer a detailed example of what a good asset management strategy may look like in the context of ISO 55000 and ISO 55001.

How do we empower our workforce to be more innovative? In this article we discuss the steps towards a competent and forward-thinking workforce.

Using a value driver tree to estimate Economic Value Added can help reliability and maintenance managers build a business case for improvement initiatives.

Let's explore how we might go about selling the vision for asset management, and engage with senior leadership so that they can provide ongoing support.

ISO 55001 places great emphasis on making sure that an organisation’s asset management system meets the needs and expectations of its stakeholders. Let's discuss why this is important.

Can you make sense of your asset related data? Can you use this data to optimise your business? Integrating data from the EAM system is not always smooth sailing.

In this article, we continue our exploration by considering how developments such as big data and predictive analytics are contributing to reliability improvement.

One of the key tenets of ISO 55000, the global asset management standard, is that organisations perform better when functions of the entire team are aligned.

Asset management is recognised as a critical contributor to value across a wide variety of industries. A shorter, simpler plan can often lead to ideal results.

Let's discuss the key activities associated with the acquisition, operation, maintenance and disposal of classified plant and equipment.

The asset management planning and decision making process is a key process for successful asset management, but what other processes should we draw from?

Let's explore how to build an asset management organisation, how to build an appropriate workforce structure, and how to lead it to success.