Organization-Wide Physical Asset Management

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A01=Dharmen Dhaliah
ability
Age Group_Uncategorized
Age Group_Uncategorized
alignment
approach
asset
Author_Dharmen Dhaliah
automatic-update
best practices
CAMA
Category1=Non-Fiction
Category=KJM
CMRP
collaboration
common
companies
context
coordination
COP=United States
creating
Delivery_Delivery within 10-20 working days
developed
discipline
effects
enrolled
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
far
financial planning
focused
function
gaps
governance
implications
improvement
interdependency
ISO 55000
Language_English
lots
maintenance
maintenance management
management
management system
methodologies
mostly
moving
operations management
organization
organization-wide
organizational
OWPAM
PA=Available
PAS 55
performance
physical
Physical asset management
policies
practices
practitioners
Price_€50 to €100
processes
procurement management
project management
provide
PS=Active
reach
regard
reliability
resources
risk
section
shift
silo
silos
softlaunch
step
strong
structure
students
systems
tend
undergo
well-coordinated
widespread

Product details

  • ISBN 9780831136529
  • Publication Date: 01 Dec 2019
  • Publisher: Industrial Press Inc.,U.S.
  • Publication City/Country: US
  • Product Form: Paperback
  • Language: English
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Managing physical assets is a cooperative and cross-functional discipline that demands a solid governance structure, strong leadership, and well-coordinated policies and practices to meet organizational objectives and requirements in the context of their operations. Organizations struggle to balance cost, performance, and risk with regard to the management of physical assets. Traditional physical asset management systems tend to be silo-based in that they have been developed by a particular section or function for use only in that function. The effects of the isolated function-specific asset management systems are widespread and have significant implications, creating gaps and overlaps in business processes or impeding the decision-making processes. Organizations are investing lots of money and resources in building their physical asset management systems. However, for far too long the focus has been mostly on the tools and methodologies. These companies need to step up and undergo a paradigm shift focused towards creating a system of organization-wide physical asset management, and moving away from the silo approach. This transformational process will provide: an improvement in coordination and collaboration; the ability to manage physical assets across the organization; an alignment of all functional areas within an organization to reach common goals. This book will benefit practitioners and students enrolled in asset management programs and help to change the way they understand and implement an effective physical asset management system to a more organization-wide, systems approach.
Dharmen Dhaliah, P. Eng., MBA, PMP, CAMA, MMP, CMRP, is a visionary and inspirational leader with a career-long record of strategic asset management, maintenance & reliability engineering, and project management success in complex organizations. He is an experienced asset management professional with proven talent for aligning business strategies and objectives to lead the development and implementation of organization-wide asset management strategies in both the public and private sectors. Mr. Dhaliah is a seasoned trainer, facilitator and sought-after speaker on organization-wide asset management and ISO 55000. He is the author of Physical Asset Management: An Organizational Challenge (2016), and creator of the 'HPAM Board Game'.