Delivering for our customers, by applying a structured approach to asset management learning

2016 ◽  
Author(s):  
D. Johnson
Keyword(s):  
Asset Management ◽  
Management Learning ◽  
Structured Approach

scholarly journals Complex System Governance as a Framework for Asset Management

2021 ◽  
Vol 13 (15) ◽  
pp. 8502
Author(s):  
Polinpapilinho F. Katina ◽  
James C. Pyne ◽  
Charles B. Keating ◽  
Dragan Komljenovic
Keyword(s):  
Complex System ◽  
Performance Improvement ◽  
Asset Management ◽  
System Performance ◽  
Future Research ◽  
Complex Organizations ◽  
Potential Relationship ◽  
Structured Approach

Complex system governance (CSG) is an emerging field encompassing a framework for system performance improvement through the purposeful design, execution, and evolution of essential metasystem functions. The goal of this study was to understand how the domain of asset management (AsM) can leverage the capabilities of CSG. AsM emerged from engineering as a structured approach to organizing complex organizations to realize the value of assets while balancing performance, risks, costs, and other opportunities. However, there remains a scarcity of literature discussing the potential relationship between AsM and CSG. To initiate the closure of this gap, this research reviews the basics of AsM and the methods associated with realizing the value of assets. Then, the basics of CSG are provided along with how CSG might be leveraged to support AsM. We conclude the research with the implications for AsM and suggested future research.

scholarly journals Gamification in teaching Maintenance Engineering: a Dutch experience in the rolling stock management learning

2017 ◽  
Author(s):  
Alberto Martinetti ◽  
Jorge Eduardo Parada Puig ◽  
Charlotte Oude Alink ◽  
Jos Thalen ◽  
Leo A.M. Van Dongen
Keyword(s):  
Student Engagement ◽  
Asset Management ◽  
Positive Impact ◽  
Serious Game ◽  
Learning Assessment ◽  
Rolling Stock ◽  
Stock Management ◽  
Management Learning ◽  
Logistic Support ◽  
The University

The aim of this study is to evaluate the application of an innovative serious game based on the asset management of rolling stock in the training of future maintenance engineers within the master course in mechanical engineering at the University of Twente. The Logistic Support Game (LSG) is a serious game developed together with Dutch Railway (Nederlandse Spoorwegen, NS) and Invocate (design firm) as a tool to simulate the maintenance operations of a fleet of trains. The simulation shows four perspectives: the operations manager, the asset manager, the maintenance manager and the financial manager. The three goals of this innovative training are the improvement of student engagement in the learning process, the increasing of active cooperation between students with different roles in a group, and the opportunity to receive feedback on decision making. To indicate achievement of these goals we link them to the basic needs of learning: competence, relatedness and autonomy. A total of thirty six students played the serious game in two different sessions. At the end of each session, a survey is collected for game based learning assessment. Results suggest that the serious game has a positive impact on student engagement, cooperation, and helps transfer course contents.

A structured approach to Asset Management within the electricity industry

1999 ◽  
Vol 7 (4) ◽  
pp. 221-232 ◽  
Author(s):  
R.P. Hoskins ◽  
A.T. Brint ◽  
G. Strbac
Keyword(s):  
Asset Management ◽  
Electricity Industry ◽  
Structured Approach

scholarly journals Urban water infrastructure asset management – a structured approach in four water utilities

2012 ◽  
Vol 66 (12) ◽  
pp. 2702-2711 ◽  
Author(s):  
M. A. Cardoso ◽  
M. Santos Silva ◽  
S. T. Coelho ◽  
M. C. Almeida ◽  
D. I. C. Covas
Keyword(s):  
Water Supply ◽  
Asset Management ◽  
Water Utilities ◽  
Urban Water ◽  
Wastewater Systems ◽  
Wastewater Infrastructure ◽  
Risk Cost ◽  
Levels Of Service ◽  
Structured Approach ◽  
Infrastructure Asset Management

Water services are a strategic sector of large social and economic relevance. It is therefore essential that they are managed rationally and efficiently. Advanced water supply and wastewater infrastructure asset management (IAM) is key in achieving adequate levels of service in the future, particularly with regard to reliable and high quality drinking water supply, prevention of urban flooding, efficient use of natural resources and prevention of pollution. This paper presents a methodology for supporting the development of urban water IAM, developed during the AWARE-P project as well as an appraisal of its implementation in four water utilities. Both water supply and wastewater systems were considered. Due to the different contexts and features of the utilities, the main concerns vary from case to case; some problems essentially are related to performance, others to risk. Cost is a common deciding factor. The paper describes the procedure applied, focusing on the diversity of drivers, constraints, benefits and outcomes. It also points out the main challenges and the results obtained through the implementation of a structured procedure for supporting urban water IAM.

scholarly journals Determinants of Assurance Management System for Critical Asset: A Literature Review

2021 ◽  
Vol 6 (6) ◽  
pp. 1667-1693
Author(s):  
Joseph A. Tubil ◽  
Alexander S. Acosta ◽  
Imee C. Acosta ◽  
Eduardo P. Malagapo
Keyword(s):  
Asset Management ◽  
Management System ◽  
Market Competition ◽  
Consumer Trust ◽  
Actual Performance ◽  
Equipment Reliability ◽  
High Degree ◽  
Structured Approach ◽  
Relevant Factors

Several studies found that critical asset failure results in delays and downtimes in operation for most industries. One of the studies revealed that 272 of the 773 occurrences involved a critical asset breakdown. Thus, this study aimed to discuss the relevant factors of implementing the Assurance Management System for the industry's selected critical asset. Literature reviews play a significant role in this research through a content analysis review process from different review articles, google scholar, journals, and other social sciences. The result revealed that increasing the organization's knowledge of the processes and asset criticality in the assurance management system offers a high degree of openness to the activities carried out to ensure continued asset reliability and integrity. Relatively, it shows a clear long-term progress pattern of improved equipment reliability, leading to a significant increase in consumer trust due to introducing a system of reliability assurance management. Indeed, the study recommended that implementing an assurance management system is an integral part of the critical asset as it offers trust that the asset will perform as anticipated. Finally, it is an aid in understanding the asset and its relationship between expected and actual performance and efficiency in using a structured approach of the Assurance Management System for Critical Asset, the AMSCAF Framework. Therefore, industry stakeholders should consider the recommendations and best practices to ensure critical asset management systems need to generate value that maintains a competitive advantage in today's highly complicated and challenging market competition through the Assurance Management System.

Structured Reporting of Medical Findings: Evaluation of a System in Gastroenterology

1992 ◽  
Vol 31 (04) ◽  
pp. 268-274 ◽  
Author(s):  
W. Gaus ◽  
J. G. Wechsler ◽  
P. Janowitz ◽  
J. Tudyka ◽  
W. Kratzer ◽  
...  
Keyword(s):  
Structured Data ◽  
Structured Reporting ◽  
Free Text ◽  
Clinical Documentation ◽  
Abdominal Sonography ◽  
Technical Examination ◽  
Medical Reports ◽  
Time Required ◽  
Upper Abdominal ◽  
Structured Approach

Abstract:A system using structured reporting of findings was developed for the preparation of medical reports and for clinical documentation purposes in upper abdominal sonography, and evaluated in the course of routine use. The evaluation focussed on the following parameters: completeness and correctness of the entered data, the proportion of free text, the validity and objectivity of the documentation, user acceptance, and time required. The completeness in the case of two clinically relevant parameters could be compared with an already existing database containing freely dictated reports. The results confirmed the hypothesis that, for the description of results of a technical examination, structured data reporting is a viable alternative to free-text dictation. For the application evaluated, there is even evidence of the superiority of a structured approach. The system can be put to use in related areas of application.

Asset Inspection Management System as a Reliable Inspection/ Monitoring Tool

2020 ◽  
Vol 78 (12) ◽  
pp. 1276-1285
Author(s):  
Shibu John A
Keyword(s):  
Asset Management ◽  
Management System ◽  
Balance Sheet ◽  
Integrity Assessment ◽  
Material Evaluation ◽  
The People ◽  
Physical Assets ◽  
Asset Management System ◽  
On Time Delivery ◽  
Capital Intensive

Enterprise asset management (EAM) systems are used by asset owners and/or operators to manage the maintenance of their physical assets. These assets, including equipment, facilities, vehicles, and infrastructure, need maintenance to sustain their operations. An EAM system provides the means to have less unplanned downtime and extended asset longevity, which offers clear business benefits that improve the profit and loss statement and balance sheet. Particularly for capital-intensive industries, like drilling and exploration, the failure of on-time delivery of critical equipment or processes is disruptive and costs nonproductive time and customer satisfaction. Organizations understand these issues and employ an appropriate asset management system to engineer their asset maintenance and management. An EAM system is needed to manage the people, assets/equipment, and processes. EAMs are used to plan, optimize, execute, and track the needed maintenance activities with associated priorities, skills, materials, tools, and information. Similarly, nondestructive testing (NDT) is used as a tool for integrity assessment of assets in drilling and exploration. The main advantage of using NDT is that the item’s intended use or serviceability is not affected. The selection of a specific technique should be based on knowledge and skills that include design, material processing, and material evaluation. Validating the purpose of this paper, we emphasize the importance of optimizing the asset utilization and serviceability to enhance overall efficiency by integrating EAM software that manages assets, the operation management system (OMS) controlling the processes, and asset inspection management systems (AIMSs).

Sign in / Sign up

Export Citation Format

Share Document