This book presents a systematic approach to the management of physical assets from concept to disposal, building upon the previous editions and brought up-to-date with the new international standards ISO55002 and ISO/TS50010. It introduces the general principles of physical asset management and covers all stages of the asset management process, including initial business appraisal, identification of physical asset needs, capability gap analysis, financial evaluation, logistic support analysis, life cycle costing, strategic asset management planning, maintenance strategy, outsourcing, cost-benefit analysis, disposal and renewal. Features include:
Written for practitioners and students in asset management, this book provides an essential foundation to the topic. It is suitable for an advanced undergraduate or postgraduate course in asset management and also offers an ideal reference text for engineers and managers specializing in asset management, reliability, maintenance, logistics or systems engineering.
- providing a textbook for asset management courses to university level;
- relating closely to the ISO55000 international asset management standard series;
- providing a basis for the establishment of physical asset management as a professional discipline; and
- presenting case studies, analytical techniquesand numerical examples with solutions.
Written for practitioners and students in asset management, this book provides an essential foundation to the topic. It is suitable for an advanced undergraduate or postgraduate course in asset management and also offers an ideal reference text for engineers and managers specializing in asset management, reliability, maintenance, logistics or systems engineering.
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From the reviews:
"This book is authored by a person, who has worked in British Army, in the industry as well as in the university environment, can be very helpful to any organization or business and particularly to managers whose concern is to maintain their physical assets. This very well-written book presents all aspects of physical assets management in a very friendly and simple language understandable even to a non-specialist and its usefulness is not restricted to a particular type of industry. This is applicable to even government or defence organizations as well. This reviewer recommends this to all of them." K.B. Misra, Editor-in-Chief, International Journal of Performability Engineering (May 2010) Vol. 6, No. 3
"This book is authored by a person, who has worked in British Army, in the industry as well as in the university environment, can be very helpful to any organization or business and particularly to managers whose concern is to maintain their physical assets. This very well-written book presents all aspects of physical assets management in a very friendly and simple language understandable even to a non-specialist and its usefulness is not restricted to a particular type of industry. This is applicable to even government or defence organizations as well. This reviewer recommends this to all of them." K.B. Misra, Editor-in-Chief, International Journal of Performability Engineering (May 2010) Vol. 6, No. 3