Optimum Decision Making in Asset Management

Optimum Decision Making in Asset Management
Author: Carnero, MarĂ­a Carmen
Publisher: IGI Global
Total Pages: 553
Release: 2016-08-24
Genre: Business & Economics
ISBN: 1522506527

Asset management is becoming increasingly important to an organization’s strategy, given its effects on cost, production, and quality. No matter the sector, important decisions are made based on techniques and theories that are thought to optimize results; asset management models and techniques could help maximize effectiveness while reducing risk. Optimum Decision Making in Asset Management posits that effective decision making can be augmented by asset management based on mathematical techniques and models. Resolving the problems associated with minimizing uncertainty, this publication outlines a myriad of methodologies, procedures, case studies, and management tools that can help any organization achieve world-class maintenance. This book is ideal for managers, manufacturing engineers, programmers, academics, and advanced management students.

Asset Management Decision-Making For Infrastructure Systems

Asset Management Decision-Making For Infrastructure Systems
Author: Alireza Mohammadi
Publisher: Springer Nature
Total Pages: 210
Release: 2022-04-25
Genre: Business & Economics
ISBN: 3030976149

This textbook provides practical and concrete guidance for the step-by-step implementation of decision-making for infrastructure asset management. Examples are used to illustrate how data from condition assessment are used to develop performance models, to estimate the effectiveness of investments that are prioritized and scheduled to accomplish reliable and convenient infrastructure for the wellbeing of the public and regional economic competitiveness. Book illustrates numerous worked problems to clarify ambiguity in developing a decision-making platform to prioritize assets and distribute budgets effectively and efficiently. Ensures reader understanding of the benefits and challenges of infrastructure asset management; Provides a step-by-step guide for the development of each component of an asset management decision-making system; Includes worked examples to clarify decision-making and budget allocation process.

Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering

Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering
Author: Management Association, Information Resources
Publisher: IGI Global
Total Pages: 1538
Release: 2021-05-28
Genre: Business & Economics
ISBN: 1799890244

Decision support systems (DSS) are widely touted for their effectiveness in aiding decision making, particularly across a wide and diverse range of industries including healthcare, business, and engineering applications. The concepts, principles, and theories of enhanced decision making are essential points of research as well as the exact methods, tools, and technologies being implemented in these industries. From both a standpoint of DSS interfaces, namely the design and development of these technologies, along with the implementations, including experiences and utilization of these tools, one can get a better sense of how exactly DSS has changed the face of decision making and management in multi-industry applications. Furthermore, the evaluation of the impact of these technologies is essential in moving forward in the future. The Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering explores how decision support systems have been developed and implemented across diverse industries through perspectives on the technology, the utilizations of these tools, and from a decision management standpoint. The chapters will cover not only the interfaces, implementations, and functionality of these tools, but also the overall impacts they have had on the specific industries mentioned. This book also evaluates the effectiveness along with benefits and challenges of using DSS as well as the outlook for the future. This book is ideal for decision makers, IT consultants and specialists, software developers, design professionals, academicians, policymakers, researchers, professionals, and students interested in how DSS is being used in different industries.

Analytical Tools for Asset Management

Analytical Tools for Asset Management
Author: Cambridge Systematics
Publisher: Transportation Research Board
Total Pages: 71
Release: 2005
Genre: Bridges
ISBN: 0309088321

TRB's National Cooperative Highway Research Program (NCHRP) Report 544: Environmentally Sensitive Channel- and Bank-Protection Measures examines environmentally sensitive channel- and bank-protection measures and includes recommended design guidelines for their application and a selection system for helping to determine the most appropriate channel- and bank-protection measure. The selection system is presented as an interactive software program entitled "Greenbank," which can be found on the accompanying CD-ROM (CRP-CD-58). The selection system software (CRP-CD-58) is available for download in an ZIP format.

Advances in Asset Management and Condition Monitoring

Advances in Asset Management and Condition Monitoring
Author: Andrew Ball
Publisher: Springer Nature
Total Pages: 1566
Release: 2020-08-27
Genre: Technology & Engineering
ISBN: 3030577457

This book gathers select contributions from the 32nd International Congress and Exhibition on Condition Monitoring and Diagnostic Engineering Management (COMADEM 2019), held at the University of Huddersfield, UK in September 2019, and jointly organized by the University of Huddersfield and COMADEM International. The aim of the Congress was to promote awareness of the rapidly emerging interdisciplinary areas of condition monitoring and diagnostic engineering management. The contents discuss the latest tools and techniques in the multidisciplinary field of performance monitoring, root cause failure modes analysis, failure diagnosis, prognosis, and proactive management of industrial systems. There is a special focus on digitally enabled asset management and covers several topics such as condition monitoring, maintenance, structural health monitoring, non-destructive testing and other allied areas. Bringing together expert contributions from academia and industry, this book will be a valuable resource for those interested in latest condition monitoring and asset management techniques.

Asset Condition, Information Systems and Decision Models

Asset Condition, Information Systems and Decision Models
Author: Joe E. Amadi-Echendu
Publisher: Springer Science & Business Media
Total Pages: 239
Release: 2012-11-05
Genre: Technology & Engineering
ISBN: 1447129245

Asset Condition, Information Systems and Decision Models, is the second volume of the Engineering Asset Management Review Series. The manuscripts provide examples of implementations of asset information systems as well as some practical applications of condition data for diagnostics and prognostics. The increasing trend is towards prognostics rather than diagnostics, hence the need for assessment and decision models that promote the conversion of condition data into prognostic information to improve life-cycle planning for engineered assets. The research papers included here serve to support the on-going development of Condition Monitoring standards. This volume comprises selected papers from the 1st, 2nd, and 3rd World Congresses on Engineering Asset Management, which were convened under the auspices of ISEAM in collaboration with a number of organisations, including CIEAM Australia, Asset Management Council Australia, BINDT UK, and Chinese Academy of Sciences, Beijing University of Chemical Technology, China. Asset Condition, Information Systems and Decision Models will be of particular interest to finance, maintenance, and operations personnel whose roles directly affect the capability value of engineering asset base, as well as asset managers in both industry and government.

Asset and Infrastructure Management for Airports

Asset and Infrastructure Management for Airports
Author:
Publisher: Transportation Research Board
Total Pages: 133
Release: 2012
Genre: Transportation
ISBN: 0309258235

This guidebook addresses asset and infrastructure management applicable to all areas of the operation of an airport. The primer portion of the report includes an overview of an asset and infrastructure management program and explores the benefits and costs of implementation. The guidebook portion of the report provides examples from various airports and is designed to be a reference for integrating proven asset and infrastructure management practices and techniques at airports of all sizes. The report defines an asset and infrastructure management program and its components and how a program relates to daily operations and longer-term planning. In addition, the project that developed ACRP Report 69 also produced a PowerPoint presentation, which can be used to present the benefits of a program to stakeholders--

Strategic Portfolio Management

Strategic Portfolio Management
Author: Katy Angliss
Publisher: Taylor & Francis
Total Pages: 524
Release: 2022-12-30
Genre: Business & Economics
ISBN: 1000826635

This book provides a powerful insight into strategic portfolio management and its central role in the delivery of organisational strategy, maximisation of value creation, and efficient allocation of resources and capabilities to achieve organisational strategic objectives. The book makes a valuable contribution to the development of thinking on the translation of strategy into actionable work. Whether you are a senior manager building a high-performing strategic portfolio for your organisation or an academic searching for new perspectives on strategy execution through portfolio management, you will find great significance in this book. Twenty-eight chapters in four sections provide multiple perspectives on the topic, with in-depth guidance on organisational design for strategic portfolio management and covering all process, capability, and leadership aspects of strategic portfolio management. The book includes several detailed case studies for the effective deployment of strategic portfolios, bringing together theory and practice for strategic portfolio management. This book is particularly valuable for advanced undergraduate and postgraduate students of project and portfolio management, strategic management, and leadership who are looking to expand their knowledge within the multi-project environment. Highly practical and logical in its structure, it also shows project management professionals how to effectively manage their business portfolios and align this with their business strategy.

AASHTO Transportation Asset Management Guide

AASHTO Transportation Asset Management Guide
Author: American Association of State Highway and Transportation Officials
Publisher: AASHTO
Total Pages: 458
Release: 2011
Genre: Business & Economics
ISBN: 156051499X

Aims to encourage transportation agencies to address strategic questions as they confront the task of managing the surface transportation system. Drawn form both national and international knowledge and experience, it provides guidance to State Department of Transportation (DOT) decision makers, as well as county and municipal transportation agencies, to assist them in realizing the most from financial resources now and into the future, preserving highway assets, and providing the service expected by customers. Divided into two parts, Part one focuses on leadership and goal and objective setintg, while Part two is more technically oriented. Appendices include work sheets and case studies.

Urban Hydroinformatics

Urban Hydroinformatics
Author: Roland K. Price
Publisher: IWA Publishing
Total Pages: 553
Release: 2011
Genre: Science
ISBN: 1843392747

This book is an introduction to hydroinformatics applied to urban water management. It shows how to make the best use of information and communication technologies for manipulating information to manage water in the urban environment. The book covers the acquisition and analysis of data from urban water systems to instantiate mathematical models or calculations, which describe identified physical processes. The models are operated within prescribed management procedures to inform decision makers, who are responsible to recognized stakeholders. The application is to the major components of the urban water environment, namely water supply, treatment and distribution, wastewater and stormwater collection, treatment and impact on receiving waters, and groundwater and urban flooding. Urban Hydroinformatics pays particular attention to modeling, decision support through procedures, economics and management, and implementation in both developed and developing countries. The book is written with post-graduates, researchers and practicing engineers who are involved in urban water management and want to improve the scope and reliability of their systems.