The Experts below are selected from a list of 93024 Experts worldwide ranked by ideXlab platform
Eric Too - One of the best experts on this subject based on the ideXlab platform.
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A Framework for Strategic Infrastructure Asset Management
Definitions Concepts and Scope of Engineering Asset Management, 2010Co-Authors: Eric TooAbstract:Organisations owning and managing infrastructure Assets are constantly striving to obtain the greatest life time value. This led to the development of the concept of Asset Management to provide a systematic approach to manage infrastructure Assets. However, Asset Management as a discipline is still relatively new and as such lack well grounded theories. There is an urgent need to document the processes involved in the Management of infrastructure Assets. Through case studies, this paper aims to first, review the goals of infrastructure Asset Management and investigate the extent to which they reflect a business resource approach to infrastructure Asset Management. Second, the paper will identify the core processes of infrastructure Asset Management. These observed processes are then synthesised into a strategic infrastructure Asset Management framework to serve as a benchmark for practising manager looking to create value within their organisations.
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Capabilities for strategic infrastructure Asset Management
2009Co-Authors: Eric TooAbstract:Infrastructure organisations are operating in an increasingly challenging business environment as a result of globalisation, privatisation and deregulation. Under such circumstances, Asset managers need to manage their infrastructure Assets effectively in order to contribute to the overall performance of their organisation. In an external business environment that is constantly changing, extant literature on strategic Management advocates a resourced--�]based view (RBV) approach that focuses on factors internal to the organisation such as resources and capabilities to sustain organisation performance. The aim of this study is to explore the core capabilities needed in the Management of infrastructure Assets. Using a multiple case study research strategy focusing on transport infrastructure, this research firstly examines the goals of infrastructure Asset Management and their alignment with broader corporate goals of an infrastructure organisation. It then examines the strategic infrastructure Asset Management processes that are needed to achieve these goals. The core capabilities that can support the strategic infrastructure Asset Management processes are then identified. This research produced a number of findings. First, it provided empirical evidence that Asset Management goals are being pursued with the aim of supporting the broader business goals of infrastructure organisations. Second, through synthesising the key Asset Management processes deemed necessary to achieve the Asset Management goals, a strategic infrastructure Asset Management model is proposed. Third, it identified five core capabilities namely stakeholder connectivity, cross-functional, relational, technology absorptive and integrated information Management capability as central to executing the strategic infrastructure Asset Management processes well. These findings culminate in the development of a capability model to improve the performance of infrastructure Assets.
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A Stragetic Approach to Infrastructure Asset Management
2006Co-Authors: Eric Too, Martin Betts, Arun KumarAbstract:Infrastructure Asset Management has grown in importance in recent years. In practice, many approaches and models have been adopted by organisations managing different infrastructure Assets. The aim of this paper is to synthesise various Asset Management practices currently in use. The paper will also provide in brief, the concept of an integrative strategic infrastructure Asset Management framework. The framework broadly consists of three main components: strategic analysis, strategic choice and strategic implementation. An integrative strategic infrastructure Asset Management framework is important as it is presented as a process model, is generic and can be applied to various types of infrastructure Assets.
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A strategic approach to Infrastructure Asset Management
2006Co-Authors: Eric Too, Martin Betts, Kumar ArunAbstract:Infrastructure Asset Management has grown in importance in recent years. In practice, many approaches and models have been adopted by organisations managing different infrastructure Assets. The aim of this paper is to synthesise various Asset Management practices currently in use. The paper will also provide in brief, the concept of an integrative strategic infrastructure Asset Management framework. The framework broadly consists of three main components: strategic analysis, strategic choice and strategic implementation. An integrative strategic infrastructure Asset Management framework is important as it is presented as a process model, is generic and can be applied to various types of infrastructure Assets.
Paul Kellick - One of the best experts on this subject based on the ideXlab platform.
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Leadership, the essential ingredient in Asset Management
Infrastructure Asset Management, 2014Co-Authors: Paul KellickAbstract:Local government Asset Management has come of age in both Australia and New Zealand, and professional associations such as New Zealand Asset Management Support (Nams) and Institute of Public Works Engineering Australia (Australasia) develop and deliver a variety of training programs and manuals to ensure Asset Management practitioners have access to what they need to know. Why then do some organisations fail to gain traction in their Asset Management (AM) efforts and officers complain they get no support from above? This paper posits that the missing AM ingredient in many organisations is leadership. It builds on previous work by the author on the key success factors in developing a strategic Asset Management framework and includes the results of a feedback survey undertaken during an Asset Management Study Tour of New Zealand in 2010. Rather than approach Asset Management as a technical issue, this paper will examine it from a number of ‘leadership’ perspectives, including change Management, cultural cha...
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Developing a strategic Asset Management framework
Proceedings of the Institution of Civil Engineers - Municipal Engineer, 2010Co-Authors: Paul KellickAbstract:Asset Management is one of three core functions of local government today, along with service delivery and governance. Infrastructure Asset maintenance is also recognised as the greatest threat to Western Australian local government sustainability and the development of best practice Asset Management principles and practices is key to an organisation's survival. The city of Joondalup has developed a strategic Asset Management framework comprising the ‘best of breed’ elements operating in both state and local governments today. A number of key success factors identified prior to its implementation were crucial to the success of this framework. The most important was that Joondalup has separated strategic Asset Management from the service delivery roles in order to provide a clear accountability and focus rather than centralising Asset Management among the day-to-day operational matters as many authorities do. This has assisted in ensuring a corporate approach by achieving executive support for the process,...
Tim Martin - One of the best experts on this subject based on the ideXlab platform.
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Guide to Asset Management - processes part 3: scope of Asset Management
2018Co-Authors: Mark Gordon, Kieran Sharp, Tim MartinAbstract:Part 3 of the Guide to Asset Management informs Asset Management decision-makers and others seeking to understand both Asset Management and business processes and enablers of effective Asset Management practice. It provides an overview of the Asset Management process, linking of the business processes and enablers to decision-making. It serves as an introduction for the more detailed sections that follow.
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Guide to Asset Management Processes Part 10: Asset Management Implementation and Improvement
2018Co-Authors: Mark Gordon, Kieran Sharp, Tim MartinAbstract:Part 10 of the GAM expands on content introduced in Part 2: Managing Asset Management. The following five key areas that ensure the successful implementation of Asset Management across the organisation are discussed: defining roles and responsibilities; developing Asset Management plans; delivering Asset Management activities; providing guidance and techniques for Asset Management status assessment; and continuous improvement planning and monitoring for all activities.
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Guide to Asset Management Overview Part 2: Managing Asset Management
2018Co-Authors: Mark Gordon, Kieran Sharp, Tim MartinAbstract:Part 2 of the Guide to Asset Management describes the ‘Management of Asset Management’, an important topic for senior managers, leaders and influencers of organisational culture. Governance of Asset Management should be a joint responsibility of senior Management and the corporate governance levels of the road agency.
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Future Asset Management issues part 1: impacts of greenhouse gas emissions on Asset Management
2010Co-Authors: Tim Martin, Ulysses AiAbstract:This paper aims to examine the impact of reducing greenhouse gas (GHG) emissions on road Asset Management in the next 10 to 20 years. This is the first of three discussion papers related to a strategic review of future Asset Management issues. The current evidence of significant and long term climate change is compelling. GHG emissions need to be less than half current levels to stabilise atmospheric CO2-equivalent concentration, although the proposed GHG emission reductions in the transport sector are relatively modest, they will substantially impact on Asset Management. (a)
Kumar Arun - One of the best experts on this subject based on the ideXlab platform.
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A strategic approach to Infrastructure Asset Management
2006Co-Authors: Eric Too, Martin Betts, Kumar ArunAbstract:Infrastructure Asset Management has grown in importance in recent years. In practice, many approaches and models have been adopted by organisations managing different infrastructure Assets. The aim of this paper is to synthesise various Asset Management practices currently in use. The paper will also provide in brief, the concept of an integrative strategic infrastructure Asset Management framework. The framework broadly consists of three main components: strategic analysis, strategic choice and strategic implementation. An integrative strategic infrastructure Asset Management framework is important as it is presented as a process model, is generic and can be applied to various types of infrastructure Assets.
Ankur Maheshwari - One of the best experts on this subject based on the ideXlab platform.
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Development of a Strategic Asset Management Framework
Engineering Asset Management, 2006Co-Authors: Ankur MaheshwariAbstract:Success of an Asset intensive organisation is based on adoption of high quality Asset Management practices and systems. A strategic Asset Management framework (SAMF), ties an Asset Management organisation from end to end, and is targeted at improving efficiencies, effectiveness and overall performance whilst meeting the business objectives. A SAMF relies on three critical components — People, Process and Technology (Tools and Systems). Appropriate level of maturity is required in all the three aspects to ensure consistency and sustainability of the Asset Management outcomes. The development and maintenance of a SAMF is a continuous process and needs to be executed over the entire life cycle of an organisation. A sound approach has to be followed to ensure that an appropriate framework on Asset Management exists and is practiced and maintained by the organisation. Apart from a thorough understanding of the business objectives, a SAMF ensures harmonious operation of an organisation (consistency) and continual improvement (sustainability). This ultimately leads an organisation a step closer to achieving business excellence. The paper defines a strategic Asset Management framework and discusses steps involved in the development and implementation of such a framework. The approach presented in this paper can be applied to any Asset Management organisation.
