Asset management is the management of the physical components of a drinking water or wastewater system and can include. The applied chapters contain an asset management industry overview and pension funds, growth of wealth, digital asset management, big data and hedge funds. At this point, the only thing left to do is to save, using the save button the record has now been added to the file. As the serving president of the institute of asset management, i am delighted to recommend this short book. Asset management is currently a young and growing, yet still a fragmented industry. The cmrp is the only certification program of its kind accredited by the american national standards institute ansi, which. For full details of each course presentation content and pdf book please follow the links in the list below for the individual items. An introduction to asset management a simple but informative introduction to the management of physical assets. Pdf handbook an invaluable resource to maintenance managers, plant. Pdf maintenance knowledge management with fusion of cmms. History of knowledge management 12 from physical assets to knowledge assets 16. 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. 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. It is aligned to the terms in the damadmbok 1st edition and is the glossary for the damadmbok2 guide.
You may also find enterprise asset management related pdf, and software by browsing a specific type of product categorized by pdf books, cds and software topics in the menu. This article thus seeks to remedy this by offering insight into the role that. Barclay managing editor, knowledge praxis philip c. An introduction to asset management and asset management resources i. A step by step asset management plan 7 understanding capital costs vs life cycle costs the capital cost of an asset is how much it costs to purchase or build it. The information input to create an asset file is sufficient. Because asset management affects everything a municipality does, greater maintenance, and monitoring performance. And yet, despite its clear importance, very little is known about knowledge management in asset management. The ice recognises that core skills for effective asset management include. There are even prewritten newsletters on the topics above in pdf format you can print and hand out to all your employees. You may also find enterprise asset management related pdf, and software by browsing a specific type of product categorized by pdf. Assets are therefore capital goods that are used by the business to produce other goods, remaining part of the company for long periods of time. If improvements are made to an asset in the form of extraordinary maintenance or additional parts are bought and added to it, there is no need to open another file.
An introduction to asset management and asset management. Society for maintenance and reliability professionals body of knowledge guided study. As a past president of the iam, robert brought to the subject of asset management his wealth of experience in business management and marketing. Life cycle cost appraisal, which considers the reliability, durability and maintainability is necessary to minimize total capital investment. Many are free for all but some of our resources are exclusive to iam annual members. This paper is designed to share some of the experiences in the 21st century of the development of asset management in europe, and the uk in particular. Maintenance and reliability professional cmrp certification. There are even prewritten newsletters on the topics above in pdf. You will read and use the decades of knowledge and experience in solving. Transportation research circular number e c093, march 2006. 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. Asset management community wiki, blogs, forums tivoli training and education. Certified reliability leader complete body of knowledge. Each pillars components are explored using interactive discussion, realworld examples and sample questions.
The goal of this approach is to extend the useful life of an asset and prevent breakdowns from occurring. There are tools to support the capture, modelling, validation, verification and maintenance of the knowledge in these applications. The smrp body of knowledge bok is a roadmap to worldclass performance in maintenance, reliability and physical asset management. Introduction to asset maintenance management unit 2. See details of each of the pillars below and download the bok using the link below. The last time you had your car serviced or decorated your house, you were managing an asset. 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. Asset lifecycle model for total cost of ownership 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. 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. Maintenance management ppt 3day training presentation. 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. Life cycle asset management life cycle asset management lcam is an integrated approach to optimizing the life cycle of your assets beginning at conceptual design, continuing through shut.
The sixbook set that comprises the body of knowledge for s strategic maintenance manager course is intended to close the gaps in understanding that are found in maintenance. The sixbook set that comprises the body of knowledge for s strategic maintenance. This article thus seeks to remedy this by offering insight. This is the organizational structure of roles, responsibilities and. This helped enormously in developing the iam and the field of asset management, from a purely. Purpose of a framework outline the framework outline for the data management body of knowledge 2nd edition dama. Notes asset management overview publications asset. Download a cd worth of worldclass maintenance and asset management training ppt and maintenance pdf books for building world class asset maintenance. Asset management is a process to manage demand and guide acquisition, use and disposal of assets to make the most of their service delivery potential, and manage risks and costs over. Best way to do is to derive a maintenance programme, based on detailed planning.
It asset management software asset management for the future software asset management sam is an important part of the servicenow itam solution that includes many. Knowledge management in asset management by eduard van. For full details of each course presentation content and pdf. 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. Risk management benchmarking a significant element of the business community also views knowledge management as a natural extension of business process reengineering, a fact underscored by the recent announcement that. It is the best book that i have bought on the subject of maintenance management to date, and is. This book explores the discipline of asset management and demonstrates how it can be used. It asset management software asset management for the future software asset management sam is an important part of the servicenow itam solution that includes many innovative and compelling features to help organizations reach higher levels of process maturity. Recently developed cms are capable of directly monitoring asset components parameters. Asset management and our conceptual model david mckeown ceo, institute of asset management.
Asset management the changing role of maintenance management p j jack huggett principal consultant the woodhouse partnership ltd. The asset management council is dedicated to engaging communities. Many organizations employing preventive maintenance use cmms software to trigger work orders when a pm is due. Building an inventory of your assets scheduling and tracking maintenance tasks through work orders managing your budgeted and actual annual expenses and revenue. Establishing a common lexicon within the profession for talking about workforce management and systems, this essential guide is designed to establish. Introduction asset management is defined as maintaining a desired level of service at the lowest life cycle cost. Building an inventory of your assets scheduling and tracking maintenance tasks through work orders managing your budgeted and actual annual expenses.
Strategic maintenance management body of knowledge cmm. In simple terms, it provides a means of determining the best way to spend your limited dollars to achieve the maximum impact. The maintenance management ppt from our 3day maintenance management mastery training course is full of bestpractice maintenance management education needed for worldclass reliability and maintenance results. Also check out pdf books on industrial facility and process plant maintenance, reliability engineering and fixed asset management that are available on one lowcost cd set to keep beside you at all times. Thorough planning, analysis and timely execution allow appropriate datadriven decisionmaking to occur and enable. Plant maintenance pdf book full of proven plant engineering solutions and. Workforce asset management book of knowledge wiley. The official study guide for the workforce management technology certification, containing core knowledge for time and labor management. A framework for facilities lifecycle cost management. The maintenance ppt is a best practise maintenance management presentation that thoroughly covers the key maintenance and reliability. International infrastructure management manual, produced by nams new zealand. Life cycle asset management life cycle asset management lcam is an integrated approach to optimizing the life cycle of your assets beginning at conceptual design, continuing through shut down and decommissioning. This is essential because accountable people, not policies, bring about sound.
If you would like to read about the ec project, its work and findings, we. The term asset management as a concept basically evolved from maintenance management to provide a more comprehensive approach to managing the life of a particular physical asset or. For more asset management strategies, visit assetworksom pt 214 ssets ts esee sset management ste ste sset management an 5 asset management planning asset management. 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. Knowledge asset management aiai, university of edinburgh. Stop maintenance problems with plant maintenance pdf book. Asset management is a process to manage demand and guide acquisition, use and disposal of assets to make the most of their service delivery potential, and manage risks and costs over their entire life. While asset management planning can also include human. An introduction to asset management a simple but informative introduction to the management of physical assets by robert davis we are all asset managers.
Fundamentals of asset management 3 drawing from the am knowledge base this workshop is produced by ghd inc. Metrics andor cost models that can be used to measure the level of performance of each industry and. Download 17 maintenance ppt, maintenance powerpoint. Pdf framework model for asset maintenance management. Discover how to create maintenance and reliability success with valuable information on critically important aspects of industrial maintenance and reliability excellence. The strategic asset management framework applies to all physical assets or groups of assets controlled by the public sector. This is the organizational structure of roles, responsibilities and authorities that aligns with the asset management policy, strategy, etc. Knowledge asset management book knowledge management. Buy and save 30% on all our maintenance training powerpoint presentations, reliability, maintenance engineering and asset maintenance management training course content and maintenance pdf books.
Maintenance activities are related with repair, replacement and service of components or some identifiable group of components in a manufacturing plant so that it. A framework for facilities lifecycle cost management ifma. I would recommend asset maintenance management to anyone in any field of maintenance. In the past, the capital cost of an item may have been the only cost that. Management professional cdmp exams administered by the institute for the certification of computing professionals iccp. After reading this article you will learn about maintenance management. Metrics andor cost models that can be used to measure the level of performance of each industry and competency are identified. Australianbased international company with over100 offices. For more asset management strategies, visit assetworksom pt 214 ssets ts esee asset management 101. It is an absolutely incredible investment return you get for this pdf maintenance handbook. This allows a facility to automate much of its scheduling efforts, which is a key ingredient of this preventive approach. Body of knowledge guided study life cycle engineering.