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A Tool to investigate the status of engineering asset management in organizations

Conference Paper


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Abstract


  • This paper presents a framework which addresses a series of activities defined in Engineering

    Asset Management (EAM). This framework is proposed to serve as a guideline of organizations when

    investigating if the status of the EAM system that they have in place is adequate to achieve the

    intended objectives. It also serves as a guide for researchers in EAM. The framework ensures a

    holistic approach to EAM in place that it explores the required asset management activities,

    relationships and mechanisms for achieving the organizational goals.

    In order to demonstrate the framework, a ‘retroductive’ approach in the context of case study is

    given this present paper which leads to a better understanding of the framework functions, i.e., the

    activities and relationships covered. The framework can also be used as a research tool, as well as a

    practical reference base in determining what activities should be in place within the asset

    management system for enhancing an organization’s ability to capture the intended benefits.

Publication Date


  • 2014

Citation


  • El-Akruti, K., Dwight, R. & Zhang, T. (2014). A Tool to investigate the status of engineering asset management in organizations. AMPEAK Asset Management Conference (pp. 1-11). Victoria, Australia: Asset Management Council.

Ro Full-text Url


  • http://ro.uow.edu.au/cgi/viewcontent.cgi?article=4950&context=eispapers

Ro Metadata Url


  • http://ro.uow.edu.au/eispapers/3931

Start Page


  • 1

End Page


  • 11

Abstract


  • This paper presents a framework which addresses a series of activities defined in Engineering

    Asset Management (EAM). This framework is proposed to serve as a guideline of organizations when

    investigating if the status of the EAM system that they have in place is adequate to achieve the

    intended objectives. It also serves as a guide for researchers in EAM. The framework ensures a

    holistic approach to EAM in place that it explores the required asset management activities,

    relationships and mechanisms for achieving the organizational goals.

    In order to demonstrate the framework, a ‘retroductive’ approach in the context of case study is

    given this present paper which leads to a better understanding of the framework functions, i.e., the

    activities and relationships covered. The framework can also be used as a research tool, as well as a

    practical reference base in determining what activities should be in place within the asset

    management system for enhancing an organization’s ability to capture the intended benefits.

Publication Date


  • 2014

Citation


  • El-Akruti, K., Dwight, R. & Zhang, T. (2014). A Tool to investigate the status of engineering asset management in organizations. AMPEAK Asset Management Conference (pp. 1-11). Victoria, Australia: Asset Management Council.

Ro Full-text Url


  • http://ro.uow.edu.au/cgi/viewcontent.cgi?article=4950&context=eispapers

Ro Metadata Url


  • http://ro.uow.edu.au/eispapers/3931

Start Page


  • 1

End Page


  • 11