scholarly journals Engaging field staff in strategic asset management

2018 ◽  
Vol 8 (4) ◽  
pp. 803-808
Author(s):  
Patricia Bakir ◽  
Cameron Raine
Keyword(s):  
Technology Adoption ◽  
Asset Management ◽  
Work Processes ◽  
Field Staff ◽  
Water Utility ◽  
Field Level ◽  
Staff Commitment ◽  
Utility Planning

Abstract Adopting and implementing Strategic Asset Management (SAM) is a prerequisite to improving day-to-day management and long-term utility planning. Field-level employees play a key role in implementation of a SAM program and have to make often burdensome adjustments to their work processes to comply with newly instituted systems. They are not always consulted in planning and technology adoption. They frequently do not receive feedback or recognition for their contribution. Based on a water utility survey, the authors provide insights and recommendations on how to increase field staff commitment to SAM. They will utilize their results to conduct further research directly with field staff on their perceived role and what can be done to improve their adoption of SAM processes.

An international comparison of the institutional governance of water utility asset management and its implications for Finland

Water Policy ◽  
2009 ◽  
Vol 12 (1) ◽  
pp. 52-69 ◽  
Author(s):  
E. M. Vinnari ◽  
J. J. Hukka
Keyword(s):  
Asset Management ◽  
Strategic Decision ◽  
Investment Planning ◽  
Water Utility ◽  
Institutional Governance ◽  
Management Planning ◽  
Service Levels ◽  
Water Service ◽  
Operational Capacity

Concerns over the condition of water and sewerage networks and their facilities are especially topical as several countries, including Finland, are approaching a stage where their aging and deteriorating pipelines will demand extensive repair, renewal and replacement. Solving the problems related to the construction and, in particular, the maintenance of water service infrastructures requires the methods of long-term planning and strategic decision-making, which are often referred to as water utility asset management. Since maintaining the operational capacity of water service systems has a crucial role in preventing hazards to human health and to the environment, the policy-level consideration of issues related to asset management planning seems well justified. A review of the institutional governance of asset management and investment planning in countries that are facing similar challenges provides several replicable principles for the water sector in Finland. A combination of legal requirements and professionally established norms could be expected to set an appropriate balance between securing adequate service levels and allowing utilities to decide autonomously on additional improvements.

scholarly journals Kebijakan Peraturan OJK Terhadap Perbankan Syariah dalam Menghadapi Wabah Covid-19 di Era New Normal

2021 ◽  
Vol 4 (1) ◽  
pp. 43
Author(s):  
Inna Fauzi ◽  
Yassirlana Anjani
Keyword(s):  
Customer Service ◽  
Financial Services ◽  
Islamic Banking ◽  
Work Processes ◽  
Industry Growth ◽  
Services Sector ◽  
The Face ◽  
Descriptive Qualitative

<p><em>This study aims to examine the policy of Islamic banking law in maintaining its existence in the face of the plague that is hitting Indonesia. OJK (Financial Services Authority) has also made a number of policies that are used as an effort to save the economy in Indonesia. One of the regulations is stated in POJK  Number 18 / POJK.03 / 2020 concerning "Written Orders for Handling Bank Problems". The legal policy used by Islamic banking is to measure the new OJK regulations as the organizer of an integrated regulatory and supervisory system of all activities in the financial services sector. The method used in this research is descriptive qualitative. The method used in this research is descriptive qualitative. related to the world of banking. The method used in this research is descriptive qualitative. The object of this research is Islamic banking which has more religious wisdom. The results of this study indicate that Islamic banking is making service updates, considering that the transition of the banking world to digital can increase the efficiency of work processes and improve the quality of customer service, by digitizing during the pandemic. The bank has made long-term investments and it is projected that digital services will be one of the main drivers of sustainable banking industry growth in the context of fulfilling POJK Number 18 / POJK.03 / 2020.</em></p><p><em><br /></em></p>

55000 Implementation Proposal Integrated With a Risk Management System for a Water Utility Case

2021 ◽  
pp. 277-298
Author(s):  
Pablo Zahera ◽  
Vicente Gonzalez-Prida
Keyword(s):  
Risk Management ◽  
Asset Management ◽  
Management System ◽  
Iterative Process ◽  
Water Utility ◽  
Risk Management System ◽  
Starting Point ◽  
Iso 31000

The main objective of this chapter is to suggest a methodology for the application of ISO 55000 for a water utility in order to obtain all the benefits of asset management from the starting point of application. In addition, risk is an important part of this methodology, so it also complies with the clauses of ISO 31000. The methodology consists of six steps to be carried out: plan (1), implement (2), risk management (3), monitor (4), analyze (5) and make decisions and improvements (6). The application of this methodology is an iterative process in which the information obtained is going to be used in the previous and subsequent steps so that its benefits are greater as time goes by. At each point in the guide, the actions to be taken in compliance with the clauses and sub-clauses of ISO 55001 will be proposed along with some documents so that companies have a clearer idea of how to proceed.

Steam Generator Asset Management Program

2010 ◽  
Author(s):  
Padmanabha J. Prabhu ◽  
Damian A. Testa
Keyword(s):  
United States ◽  
Steam Generator ◽  
Asset Management ◽  
Strategic Plan ◽  
The United States ◽  
Management Program ◽  
Diagnostic Tools ◽  
Steam Generators ◽  
Pressurized Water

The Steam Generator Asset Management Program (SGAMP) is a long term program designed to maximize the performance and reliability of the steam generators. The SGAMP focuses on plant specific conditions and hence is applicable to the original or the replacement steam generators. It is recommended that the utility and the vendor form a joint steam generator management team (SGMT) to develop, monitor and implement a long-term plan to address steam generator operation, maintenance and life extension goals. The SGMT will consist of representatives from operations, chemistry, maintenance and engineering functions and will be responsible for making decisions related to the steam generators. The charter of the SGMT is to develop a steam generator strategic plan that will cost-effectively manage steam generator options. The strategic plan is consistent with the Steam Generator Program Guidelines (NEI 97-06 in the United States). The strategic plan is a living document and is revised periodically to incorporate inspection results, new technology developments, lessons learned and industry experience. Cost-benefit analyses of strategies may be performed to prolong steam generator operability through steam generator performance modeling (tube degradation, fouling, etc.), diagnostic tools, regulatory strategy, condition monitoring and operational assessment strategy, and maintenance strategy. The SGMT will provide input regarding potential maintenance of the steam generators with schedule and cost impacts for each outage. It will also recommend engineering evaluations to be performed in support of program goals and will develop short- and long-term recommendations. These recommendations will address action plans, performance measures and results. Secondary side inspection and cleaning strategy should be developed (techniques and frequency) to maximize performance cost-effectively. This paper is based on Westinghouse experience gained by working with several pressurized water reactor (PWR) plant operators in the United States (US).

“Adaptative” User Interface for Expert Knowledge Validation and Evaluations Interpretation in an Asset Management Process

2007 ◽  
Author(s):  
P. Hai¨k ◽  
S. Parfouru ◽  
C. Bauby ◽  
S. Mahe
Keyword(s):  
User Interface ◽  
Asset Management ◽  
Expert Knowledge ◽  
Decision Makers ◽  
Technical Management ◽  
Base Content ◽  
Maintenance Policies ◽  
And Performance

The long term management of a production asset raises several major issues among which rank the technical management of the plant, its economics and the fleet level perspective one has to adopt. Decision makers are therefore faced with the need to define long term policies (up to the end of asset operation) which take into account multiple criteria including safety (which is paramount) and performance. In this paper we first remind the reader of the EDF three-level methodology for asset management. We then focus on the knowledge model and on the software tools that implement this methodology in order to gather, preserve, share, maintain and exploit the expert knowledge needed for asset management and to allow decision makers to define, evaluate and analyze long term plant operation and maintenance policies. Lastly, as the quality of the processed plant level evaluations (operation & maintenance strategies are evaluated, at a plantlevel, through a set of technical and economic indicators) and their interpretation relies on the quality of the knowledge captured in the tools, we focus on the definition of a “adaptative” user interface — based on Electronic Structured Documents — that allows technical/strategic experts and decision makers to consult the useful pieces of knowledge in a context dependent way. Such an interface, which, in a near future, should be fully implemented in the tools will facilitate the validation of the knowledge-base content and the analysis of the processed results.

scholarly journals Formation of the credit rating of buyers for the preventive control of accounts receivable

2019 ◽  
Vol 110 ◽  
pp. 02016
Author(s):  
Jamila Leontieva ◽  
Guzaliya Klychova ◽  
Alsou Zakirova ◽  
Evgenia Zaugarova ◽  
Irina Maletskaya ◽  
...  
Keyword(s):  
Program Implementation ◽  
Asset Management ◽  
Credit Rating ◽  
Preventive Control ◽  
Accounts Receivable ◽  
Formation Pattern ◽  
Effective Instrument ◽  
Modern Economic ◽  
Additional Point

Modern economic environment requires constant optimization of economic entities, looking for new directions, ways and mechanisms of the business program implementation. Practice shows that the effectiveness of the production resources use depends not only on potentially existing profitability of an organization’s type of business, but primarily on the ability to swiftly handle economic facilities and to rapidly master new options for free assets operation. At the present stage of business development, control appears to be an integral part of improving asset management process inclusive of accounts receivable. The objective of the article is to substantiate theoretical provisions and develop practical recommendations for improving methods of customer rating assessment. The article proposes a credit rating formation pattern, which makes it possible to eliminate the problem of unmotivated issuing credits to contractual partners of long-term cooperation with the assumption that they have past-due accounts receivable. And an additional point is that this pattern offers an effective instrument for such accounts receivable preventive control.

Semipermanent ocean-bottom seismic node: Toward practical reservoir monitoring

2019 ◽  
Vol 38 (9) ◽  
pp. 716-719
Author(s):  
Satoshi Shimizu ◽  
Masaya Katagiri ◽  
Yuta Watarai ◽  
Yoshitaka Ueda ◽  
Peter Sack ◽  
...  
Keyword(s):  
Asset Management ◽  
High Speed ◽  
Autonomous Underwater Vehicle ◽  
Internal Clock ◽  
Ocean Bottom ◽  
Remotely Operated Vehicle ◽  
Recording Time ◽  
Seismic Reservoir ◽  
Reservoir Monitoring

Seismic reservoir monitoring has been found to be effective with recent ocean-bottom seismic techniques. The technology of ocean-bottom nodes can be extended to a semipermanent ocean-bottom-node (SPN) acquisition type, which is fixed on the seabed and activated on demand for reservoir monitoring. A newly developed SPN method allows a high-speed underwater optical to communicate with a remotely operated vehicle or an autonomous underwater vehicle to stably harvest seismic data on multiple repeat surveys. Long-term capabilities of deployment life, cumulative recording time, and internal clock characteristics are also key technologies for practical use of SPN acquisition. This is an alternative to fixed ocean-bottom cables that are currently a major tool of permanent reservoir monitoring. SPN acquisition will present more flexibility for receiver spreads, low installation cost, and fewer risks for asset management compared with existing seabed technologies.

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