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.
Jun. 01, 2023
When I set out to write this series, I knew it was going to be...
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...
May. 18, 2023
Going from a "list of needs" provided in an engineering report (i.e., a condition assessment,...
May. 25, 2023
Nearly every public sector institution across North America (and around the world I presume) has...
May. 11, 2023
A nearly universal challenge that organizations face is a lack of sufficient funding to address...
May. 05, 2023
In the last post, I provided support for the idea of using multiple different tools...
Apr. 27, 2023
In the last post, I talked about the first temptation of filling your tool best,...
Apr. 20, 2023
After six previous posts, we are now three layers into the Integrated Asset Management "Onion"....
Apr. 13, 2023
Our journey to the top of the Pyramid is almost complete. This post will explore...