Asset Management, at its core, is about the optimal financial management of physical assets. It is about optimizing performance while balancing cost and risks over the life cycle of an asset.
Obviously, it’s not as simple as that and there are many different variables that go into successful asset management, including asset design, construction/ procurement, scheduling, planning, budgeting, lifecycle management and so forth.
All of these variables play a key role but at the end of the day, the management and usage of those physical assets must be in line with the financial goals of the organization.
March 12, 2020
A true maintenance cloud solution will encourage best practice
Cloud solutions have some undeniable advantages compared to on-premise installations, such as speed of installation, ...
September 23, 2019
An Easy Guide to Building a Work Priority Index
What is a work priority index?
A work priority index is a method used in maintenance and reliability to determine the proper al...
Many people are of the belief that warranty programs exist simply to repair products, as a purchase incentive, during a defined time period. While that is somewhat true, it is not the primary reaso...
To gain full access to all our Resources, just register by following the link below.
See something missing? We are always happy to listen.