QUT ePrints

Towards an integrated perspective on fleet asset management : engineering and governance considerations

Tywoniak, Stephane, Rosqvist, Tony, Mardiasmo, Diaswati, & Kivits, Robbert A. (2008) Towards an integrated perspective on fleet asset management : engineering and governance considerations. In Jinji, Goa, Lee, Jay, Ni, Jun, Ma, Lin, & Mathew, Joseph (Eds.) 3rd World Congress on Engineering Asset Management and Intelligent Maintenance Systems Conference (WCEAM-IMS 2008): Engineering Asset Management – A Foundation for Sustainable Development, 27–30 October 2008, Beijing, China.

View at publisher

Abstract

The traditional engineering perspective on asset management concentrates on the operational performance the assets. This perspective aims at managing assets through their life-cycle, from technical specification, to acquisition, operation including maintenance, and disposal. However, the engineering perspective often takes for granted organizational-level factors. For example, a focus on performance at the asset level may lead to ignore performance measures at the business unit level. The governance perspective on asset management usually concentrates on organizational factors, and measures performance in financial terms. In doing so, the governance perspective tends to ignore the engineering considerations required for optimal asset performance. These two perspectives often take each other for granted. However experience demonstrates that an exclusive focus on one or the other may lead to sub-optimal performance. For example, the two perspectives have different time frames: engineering considers the long term asset life-cycle whereas the organizational time frame is based on a yearly financial calendar. Asset fleets provide a relevant and important context to investigate the interaction between engineering and governance views on asset management as fleets have distributed system characteristics. In this project we investigate how engineering and governance perspectives can be reconciled and integrated to enable optimal asset and organizational performance in the context of asset fleets.

Impact and interest:

Citation countsare sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

Full-text downloads:

405 since deposited on 12 Nov 2008
59 in the past twelve months

Full-text downloadsdisplays the total number of times this work’s files (e.g., a PDF) have been downloaded from QUT ePrints as well as the number of downloads in the previous 365 days. The count includes downloads for all files if a work has more than one.

ID Code: 15617
Item Type: Conference Paper
Additional URLs:
Keywords: Engineering Asset Management, Fleet Management, Governance, Asset Performance
ISBN: 9781848822160
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Organisational Planning and Management (150312)
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Innovation and Technology Management (150307)
Divisions: Current > Research Centres > Australian Centre for Business Research
Current > QUT Faculties and Divisions > QUT Business School
Current > Research Centres > CRC Integrated Engineering Asset Management (CIEAM)
Copyright Owner: Copyright 2008 Springer
Copyright Statement: This is the author-version of the work. Conference proceedings published, by Springer Verlag, will be available via SpringerLink. http://www.springerlink.com SpringerLink
Deposited On: 12 Nov 2008
Last Modified: 29 Feb 2012 23:43

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page