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Asset Management and Governance: An Analysis of Fleet Management Process Issues in an Asset-intensive Organization

Mardiasmo, Diaswati, Tywoniak, Stephane, Brown, Kerry A., & Burgess, Kevin (2008) Asset Management and Governance: An Analysis of Fleet Management Process Issues in an Asset-intensive Organization. In International Conference on Infrastructure Systems: Building Networks for a Brighter Future, 10 – 12 November, Rotterdam, Netherlands.

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Abstract

Efficient asset management is a key performance driver for asset-intensive organizations. Achieving high utilization and return on investment on physical assets are central corporate objectives for public and private organisations alike. Current approaches on asset management include the engineering and governance perspectives. Both perspectives offer valuable but incomplete insights on the management of asset performance: experience demonstrates that an exclusive focus on one or the other may lead to sub-optimal asset and organizational performance. In this paper, we investigate how an integrated approach to asset management can be constructed in the context of vehicle fleets. Beginning with an analysis of how the asset management process is operated through the asset lifecycle, we identify key engineering and organizational factors influencing asset performance. The relationships between factors are analyzed to provide an integrated fleet asset management approach.

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ID Code: 17139
Item Type: Conference Paper
Keywords: Asset Management, Fleet Management, Governance
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Business and Management not elsewhere classified (150399)
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Organisation and Management Theory (150310)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Research Centres > CRC Integrated Engineering Asset Management (CIEAM)
Current > Schools > School of Management
Copyright Owner: Copyright 2008 IEEE
Copyright Statement: Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.
Deposited On: 06 Jan 2009 15:24
Last Modified: 10 Aug 2011 23:25

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