Also known as proactive maintenance, this method involves periodically taking assets offline and inspecting or repairing them at predetermined intervals usually time or eventbased triggers. However, nonpreventive maintenance work orders can be created on this. The top 10 best enterprise asset management books research report. It is considered as great resource for workforce asset management professionals, as it defines the impactful role of time and labor management. Apics the association for operations management encouraging supply chain management with knowledge, research, and methods. The worldwide standard for the time and labor management technology profession, workforce asset management book of knowledge is the official guide to the workforce asset management certification. A complete guide to asset performance management ge digital.
This article thus seeks to remedy this by offering insight into the role that knowledge. Which asset maintenance strategy should you be using. Highly regarded global thought leader, drew troyer, calls it the worlds best asset management conference. With its comprehensive inventory records, incident management tools, and powerful analysis and reporting functionality, amx will help you streamline your operations and put you in full control of your. Knowledge asset management book much of the km open source methodology has its roots in a 2 million euro ec collaboritive research and development project conducted in 19982001 and. See details of each of the pillars below and download the bok using the link below.
Establishing a common lexicon within the profession for talking. Professional development webinars in pillar 1 include topics related to. As a past president of the iam, robert brought to the subject of asset management his wealth. The asset management body of knowledge ambok is a significant. Workforce asset management book of knowledge wambok provides information on people, processes and technology as it pertains to workforce asset management not to mention the. Preventive maintenance records that are created on this asset record do not generate any work orders until the asset is operating. The aim of this course is to provide a thorough understanding of all aspects of the management of physical assets to those managers and directors who have responsibility for the delivery of company objectives associated with the effective acquisition, deployment, operation and maintenance of company assets. Asset management is the process of developing, operating, maintaining, and selling assets in a costeffective manner. The association of asset management professionals or as we like to call it amp formerly the association for maintenance professionals has a mission to create a new era for the practice of maintenance, reliability in the context of asset management for organizations to enhance the delivery for the triple bottom line of economic prosperity, environmental sustainability and. The goal of this approach is to extend the useful life of an asset and prevent breakdowns from occurring. The association of asset management professionals amp has developed an exam and certification based on the uptime elements passport series and its reliability leadership system. Asset managers are required to track assets, improve roi, and increase the value of the property they manage.
Towards engineering asset management body of knowledge. The asset management team is within a financial company which is devoted to running and organizing client assets. Highways maintenance software highways asset management. If you would like to read about the ec project, its work and findings, we. I would recommend asset maintenance management to anyone in any field of maintenance. Knowledge asset management book much of the km open source methodology has its roots in a 2 million euro ec collaboritive research and development project conducted in 19982001 and subsequently applied and continuously improved by knowledge associates until december 2005. Many are free for all but some of our resources are exclusive to iam annual members. Join us for two amazing days of content, networking, knowledgesharing and fun as we. Similarly, manual checks or meter readings of an asset can be an indicator of asset health, but it is costly and primarily relies on experience and knowledge of the individual doing the. Pdf knowledge management for maintenance, repair and.
Each pillars components are explored using interactive discussion, realworld examples and sample questions. It comprises of strategies and practices used in an. Knowledge asset management aiai, university of edinburgh. After reading this article you will learn about maintenance management. In client assets are included cash, investments etc. Maintenance actions and necessary midlife refurbishment have to be realized. As a past president of the iam, robert brought to the subject of asset management his wealth of experience in business management and marketing. Society for maintenance and reliability professionals body of knowledge guided study. For the asset management council, ambok is a collection of models.
Asset management is the combination of management, financial, economic, engineering and other practices applied to physical assets with the objective of providing the required level of service in the most cost effective manner. Courses for people who want the effective methods that successfully deliver world class asset and maintenance management results. The case studies in this book offer a wealth of knowledge and experience of how to embed asset management thinking and use it to improve service, reduce risk and become more competitive. Australianbased international company with over100 offices worldwide.
It includes the management of the whole life cycle design, construction, commissioning, operating, maintaining. Maintenance activities are related with repair, replacement and service of components or some identifiable group of components in a manufacturing plant so that it. However, this body of knowledge appears to be less well developed than areas. Knowledge asset management book knowledge management. Heres a fantastic knowledge asset for new soldiers deploying to afghanistan its a book, its structured by topic, and its written as checklists. Life cycle cost appraisal, which considers the reliability, durability and maintainability is necessary to minimize total.
Best way to do is to derive a maintenance programme, based on detailed planning. It comprises of strategies and practices used in an organization to identify, create, represent, distribute, and enable adoption of insights and experiences embodied in individuals or embedded in organizational processes or practice. Strategic maintenance management body of knowledge on. The aim of this course is to provide a thorough understanding of all aspects of the management of physical assets to those managers and. In the public works industry, the practices of asset management and maintenance management are used interchangeably and synonymously. As the serving president of the institute of asset management, i am delighted to recommend this short book. Strategic maintenance management body of knowledge cmm. Knowledge management in asset management by eduard van. In addition, the solution includes a unique graphical plan board that allows maintenance managers to visualize, analyze, and even adjust their maintenance plans. The maintenance excellence trilogy offers knowledge and skills that are critical to all aspects of asset management, plant reliability and work management. The crl body of knowledge bok, when expressed in the system, is designed to deliver value to what we call the triple bottom line of. Knowledge management for maintenance, repair and service of manufacturing system conference paper pdf available september 2014 with 1,403 reads how we measure reads.
Online training courses in maintenance, reliability, eam. Asset management is the combination of management, financial, economic, engineering and other practices applied to physical assets with the objective of providing the required level of service in the. With a strong emphasis on leadership, the book shows readers how they can change the way people work, break down boundaries and create cultures that support. Two important purposes for the gfmam asset management landscape are to. See details of each of the pillars below and download the bok using. Please browse this list of facility and enterprise asset management pdf books to help maintenance and maintenance management with their responsibilities.
This helped enormously in developing the iam and the field of asset management, from a purely. Maintenance planning and scheduling for reliability helps to double operating profit in the average industrial company. May 04, 2017 similarly, manual checks or meter readings of an asset can be an indicator of asset health, but it is costly and primarily relies on experience and knowledge of the individual doing the assessment. Smrp professional development webinars are organized within the body of knowledge topics below.
His immersion in these areas led him to create the plant wellness way, a life cycle asset management methodology. This article thus seeks to remedy this by offering insight into the role that knowledge plays in the investment process and, more specifically, into the adoption of knowledge management by asset managers. Fundamentals of asset management 3 drawing from the am knowledge base this workshop is produced by ghd inc. The phrase asset management generally refers to this whole life perspective. Workforce asset management book of knowledge wambok provides information on people, processes and technology as it pertains to workforce asset management not to mention the regulations as well. Workforce asset management by lisa disselkamp is considered as the book of knowledge by the experts in the industry. Understand how to manage physical assets of a business. A straightforward guide to leveraging your companys intellectual capital by creating a knowledge management culture. The association of asset management professionals or as we like to call it amp formerly the association for maintenance professionals has a mission to create a new era for the.
Understand the difference and how the practices are related to move toward effective stewardship of public infrastructure. Most commonly used in finance, the term is used in reference to individuals or firms that manage assets on behalf of individuals or other entities. Pdf framework model for asset maintenance management. Monitoring machines is a fundamental enterprise task which assists regulatory and license compliance, security, and software and hardware management. Strategic maintenance management body of knowledge. Maintenance done as explained in this book is not a cost. Implementing an effective apm strategy is more than installing a series of sensors or point solutions that monitor and track your systems and assetsapm is an integrated, connected enterprise. The smrp body of knowledge bok is a roadmap to worldclass performance in maintenance, reliability and physical asset management. The official study guide for the workforce management technology certification, containing core knowledge for time and labor management. Timebased maintenance increases reliability but at a significant cost.
Building an inventory of your assets scheduling and tracking maintenance tasks through work orders managing your budgeted and actual annual expenses and revenue. The strategic maintenance management series 3, 10 rights of asset management, failure. Strategic maintenance management body of knowledge book set. It is the best book that i have bought on the subject of maintenance management to date, and is now one of the few constant companion books that travel with me. Enterprise asset management eam software solutions sap. Building an inventory of your assets scheduling and tracking maintenance tasks through work orders managing your budgeted and actual annual expenses and. Maintenance management, if handled correctly, consists of activities and touch. It is the best book that i have bought on the subject of maintenance management to date, and is now one of the few. The strategic maintenance management series 3, 10 rights of asset management, failure modes to failure codes and a practical guide to organizational engineering. Online training courses where you learn and practice world class reliability, maintenance, and enterprise asset management that gets outstanding plant and equipment uptime.
Certified reliability leader complete body of knowledge. And yet, despite its clear importance, very little is known about knowledge management in asset management. Strategic maintenance management body of knowledge paperback january 1, 2019 by author see all formats and editions hide other formats and editions. Knowledge management is the management of knowledge as a strategic asset and focuses on encouraging the sharing of knowledge. A body of knowledge represents the sum of core information in an area of expertise. You can record events such as incidents and meet statutory requirements, to.
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