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.
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...
Mar. 29, 2023
We are going to take a break from our regularly scheduled trip through the layers...
Mar. 20, 2023
Today we are going to move beyond the core of the onion to the second...
Mar. 16, 2023
In the last post, I focused on the importance of aligning your Asset Management (AM)...
Mar. 09, 2023
Getting started can sometimes be the hardest part. The whole world is a blank sheet...
Mar. 02, 2023
What is in a name? It is an age-old question. I thought I would explore...
Jan. 19, 2023
It always amazes me that some organizations that have millions (or billions) of dollars of...