Challenges for Asset Management - Dr Penny Burns

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Strategic Challenges Alternative arrangements for facility(Delivery; Operations & maintenance; Systemsoperation & maintenance)Presents new challenges How do we determine system objectives? How do we evaluate the options? How do we measure and monitor theoutcomes?
Integration Challenges Integrating functional and conditiondriven requirements– Functional lives are usually far shorter than physicallives- and less predictable Integrating asset classes and sectors– Services are not provided by one asset class orsector alone – eg rail services with public track,private rolling stock Linking appropriate management anddecision support systems – the problem of reintegratingseparate business units
Page 1 and 2: Challenges for AssetManagement An e
Page 3 and 4: Yesterday Emphasis on individual as
Page 5 and 6: Yesterday We considered design and
Page 7 and 8: Yesterday Finance was by government
Page 9: So, today we are SYSTEMIC and SYSTE
Page 13 and 14: Analytic Challenges Improving data
Page 15 and 16: Conceptual Challenges Clarifying ob
Page 17 and 18: Costing Challenges Valuation- Despi
Page 19 and 20: Collaborative Practical Research Th

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