Organization-Wide
Physical Asset Management
A Systems Approach
Organization-Wide
Physical Asset Management
A Systems Approach
Dharmen Dhaliah
INDUSTRIAL PRESS, INC.
Industrial Press, Inc.
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South Norwalk, Connecticut 06854
Phone: 203-956-5593
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Email: [email protected]
Author: Dharmen Dhaliah
Title: Organization-Wide Physical Asset Management: A Systems Approach
Library of Congress Control Number: 2019951359
© by Industrial Press.
All rights reserved. Published in 2020.
Printed in the United States of America.
ISBN (print): 978-0-8311-3652-9
ISBN (ePDF): 978-0-8311-9552-6
ISBN (ePUB): 978-0-8311-9553-3
ISBN (eMOBI): 978-0-8311-9554-0
Editorial Director/Publisher: Judy Bass
Copy Editor: Elise Davies
Compositor: Patricia Wallenburg, TypeWriting
Proofreader: Judy Duguid
Indexer: Karin Arrigoni
No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without written permission from the publisher.
Limits of Liability and Disclaimer of Warranty
The author and publisher make no warranty of any kind, expressed or implied, with regard to the documentation contained in this book.
All rights reserved.
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This book is dedicated to asset management practitioners,
senior leadership members, and most specifically
to aspiring asset management professionals
including graduate, undergraduate, and post graduate students
looking for advice to get into this amazing field
of physical asset management.
Good luck to everyone in their Organization-Wide
Physical Asset Management journey!
CONTENTS
Physical Asset Management in Organizations
The Strategic Asset Management Plan
Physical Asset Management Strategy
CHAPTER 5
Physical Asset Planning
CHAPTER 6
The Tactical Asset Management Plan
CHAPTER 7
Essential Enablers
CHAPTER 8
The Operationalization Challenges
CHAPTER 9
Organization—A Complex System
CHAPTER 10
The Need for an Effective Physical Asset Management System
CHAPTER 11
Characteristics of an Effective Physical Asset Management System
CHAPTER 12
Moving Toward Organization-Wide Physical Asset Management
CHAPTER 13
Organization-Wide Physical Asset Management
CHAPTER 14
OWPAM System of Interdependencies
CHAPTER 15
OWPAM Systemic Implementation Process
Index
