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    Operation & Maintenance Management: Asset

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    Kaka Miax
    This document discusses asset management models and practices. It defines assets and infrastructure and outlines several asset management models including PAS 55, ISAM, UKRLG, and TAM. Each model has multiple components such as asset management policy, organizational values, performance measures, acquisition and maintenance, and continual improvement. The goals of asset management are noted as cost effectiveness, improved performance, and accountability. Constraints include policies, resources, safety, and sustainability. Asset management is described as policy-driven, performance-based, and reliant on information and analysis. The document concludes by mentioning practices for Indonesian national roads asset management.

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    Operation & Maintenance Management: Asset

    Uploaded by

    Kaka Miax
    15 views10 pages
    This document discusses asset management models and practices. It defines assets and infrastructure and outlines several asset management models including PAS 55, ISAM, UKRLG, and TAM. Each model has multiple components such as asset management policy, organizational values, performance measures, acquisition and maintenance, and continual improvement. The goals of asset management are noted as cost effectiveness, improved performance, and accountability. Constraints include policies, resources, safety, and sustainability. Asset management is described as policy-driven, performance-based, and reliant on information and analysis. The document concludes by mentioning practices for Indonesian national roads asset management.

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    Original Title

    02 Context of AM

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    This document discusses asset management models and practices. It defines assets and infrastructure and outlines several asset management models including PAS 55, ISAM, UKRLG, and TAM. Each model has multiple components such as asset management policy, organizational values, performance measures, acquisition and maintenance, and continual improvement. The goals of asset management are noted as cost effectiveness, improved performance, and accountability. Constraints include policies, resources, safety, and sustainability. Asset management is described as policy-driven, performance-based, and reliant on information and analysis. The document concludes by mentioning practices for Indonesian national roads asset management.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    15 views10 pages

    Operation & Maintenance Management: Asset

    Uploaded by

    Kaka Miax
    This document discusses asset management models and practices. It defines assets and infrastructure and outlines several asset management models including PAS 55, ISAM, UKRLG, and TAM. Each model has multiple components such as asset management policy, organizational values, performance measures, acquisition and maintenance, and continual improvement. The goals of asset management are noted as cost effectiveness, improved performance, and accountability. Constraints include policies, resources, safety, and sustainability. Asset management is described as policy-driven, performance-based, and reliant on information and analysis. The document concludes by mentioning practices for Indonesian national roads asset management.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 10

    15-Jan-19

    Operation & Maintenance


    Management

    Asset Management Context

    Asset
    “a property owned by a person or
    company, regarded as having value
    and available to meet debts,
    commitments, or legacies”
    (http://www.oxforddictionaries.com/definition/english/asset,
    accessed 10 September 2014)

    1
    15-Jan-19

    Types of Assets

    Infrastructure
    “the basic physical and
    organizational structures and
    facilities (e.g. buildings, roads,
    power supplies) needed for the
    operation of a society or enterprise”
    (http://www.oxforddictionaries.com/definition/
    english/infrastructure, accessed 10 September 2014)

    2
    15-Jan-19

    Types of Infrastructure
     Economic vs social.
     Core vs not-core.
     Main vs complementary.
     Network vs nucleus.
    (Torrisi, 2009)

    Asset Management
     BSI (2008): “systematic and coordinated activities and
    practices through which an organization optimally and
    sustainably manages its assets and asset systems, their
    associated performance, risks and expenditures over their life
    cycles for the purpose of achieving its organizational strategic
    plan”.
     Brown, et al. (2012): a series of infrastructure management
    processes for achieving the desired services.
     AASHTO (2002): a management approach to the problems of
    transportation infrastructure assets.

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    Principles

    A Standard Scope

    4
    Adapted from BSI (2008) Adapted from BSI (2008)
    PAS 55 Asset Management System

    10
    9

    5
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    Adapted from Brown, et al. (2012) Adapted from BSI (2008)

    Integrated Strategic Asset Management


    11

    12

    6
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    Adapted from AASHTO (2002) Adapted from UK Department for Transportation (2013)
    UK Roads Liason Group Framework

    Transportation Asset Management

    14
    13

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    15-Jan-19

    Model Summary
    Component PAS 55 ISAM UKRLG TAM
    Component 1 Asset Strategic Policy, Planning and
    management planning strategy, programming
    policy lifecycle
    planning
    Component 2 Organizational Organisational Performance Performance
    values, management demand, LOS, measures
    functional measures,
    standards, targets, data
    required
    processes

    15

    Model Summary (continued)


    Component PAS 55 ISAM UKRLG TAM
    Component 3 Acquire/ Tactical & Work Program
    create, utilise, operational programmes, delivery
    maintain, planning, programme
    renew/ asset and service
    dispose management delivery,
    plan, service procurement
    delivery
    Component 4 Portfolio – – –

    16

    8
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    Model Summary (continued)


    Component PAS 55 ISAM UKRLG TAM
    Component 5 Performance Evaluation Performance System
    and condition monitoring, monitoring
    monitoring, performance and
    continual review, performance
    improvement continuous results
    improvement
    Component 6 Asset Knowledge Leadership & Quality
    management management organisation, Information
    enablers and risk and Analysis
    control management,
    asset
    management
    system, gap
    analysis and
    implementa-
    tion plan
    17

    Model Summary (continued)


     Goals: cost effectiveness, asset performance
    improvement, agency’s credibility and
    accountability enhancement.
     Constraints: organisation policy, resource
    limitation and reduction, safety, security,
    reliability, sustainability, environment, and
    comfort, etc.
     Policy driven, performance based, and reliant
    on information and analysis capabilities.
    18

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    Practices for Indonesia National Roads

    19

    10

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