Asset management planning refers to the systematic approach of managing an organization’s assets to achieve its strategic goals and objectives. It involves identifying, acquiring, operating, maintaining, upgrading, and disposing of assets in a cost-effective and sustainable manner. The key components of asset management planning include inventory management, risk assessment, life cycle analysis, performance monitoring, and decision-making processes. Effective asset management planning can help organizations optimize their asset utilization, reduce costs, improve safety and reliability, and enhance customer satisfaction. Read out blog posts to get a better understanding.
Apr. 25, 2024
While I was at the gym today I was listening to a podcast interview with...
Apr. 18, 2024
Here we are, the final post recapping our Ask Bill Anything webinar. Thanks for taking...
Apr. 11, 2024
In the realm of asset management, one question always looms large as was the case...
Feb. 08, 2024
Winter conference season is upon us folks. I just wrapped up two weeks of conferences...
Jun. 21, 2023
We made it!!! 15 Posts, nearly 4 months and we are at the final "Peeling...
Jun. 15, 2023
Here we are, the outer layer of the "Onion". All of the work that we...
Jun. 01, 2023
When I set out to write this series, I knew it was going to be...
May. 25, 2023
Nearly every public sector institution across North America (and around the world I presume) has...
May. 18, 2023
Going from a "list of needs" provided in an engineering report (i.e., a condition assessment,...
May. 11, 2023
A nearly universal challenge that organizations face is a lack of sufficient funding to address...