Challenges and barriers to establishing infrastructure asset management

Beitelmal, Wesam H.; Molenaar, Keith R.; Javernick‐Will, Amy; Pellicer, Eugenio

doi:10.1108/ecam-12-2015-0200

Cited by 9 publications

(4 citation statements)

References 72 publications

(134 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Information and decision networks are crucial in asset design, risk management, and optimization of asset management processes; thus, they increase the role of information management, communications, relationship management, and system integration (including integration with operations) [10]. Organizational structure seems to be a supporting medium facilitating these processes [51].…”

Section: Exploring the Possibility To Align Asset Management Strategimentioning

confidence: 99%

Strategic Aspects of Asset Management: An Overview of Current Research

2020

View full text Add to dashboard Cite

Major shifts in the competitive environment encouraged a recent growth in the number of academic articles devoted to strategic aspects of asset management. Organizations start to recognize that a strategic approach to asset management becomes a source of sustainable competitive advantages and long-term survival in the turbulent environment. However, existing studies are largely case-specific in interpreting strategy and draw on various theoretical grounds and approaches. This leads to little theoretical and methodological consistency in understanding current findings and how to design future studies. The key goal of this paper is to systematically review the existing research through the analysis of over 700 articles devoted to asset management with a focus on strategic aspects. Our key contributions are positioning strategic asset management within the vast field of asset management research, describing the nature of strategic asset management research, and confirming that asset management strategies align with different levels of organizational strategy. We visualize the existing research field, and indicate gaps and underdeveloped areas of research. We also shortly outline future research directions based on our findings, thus encouraging a more coherent development of research on strategic asset management.

show abstract

Section: Exploring the Possibility To Align Asset Management Strategimentioning

confidence: 99%

Strategic Aspects of Asset Management: An Overview of Current Research

2020

View full text Add to dashboard Cite

show abstract

“…Only a few of them have been conducted in non-manufacturing settings and/or emerging economies (Yongvanich and Guthrie, 2009;Ismail, 2007). There has been significant research in Libya focusing on the banking industry (Musbah et al, 2016;Agley-Mensah, 2017;Elnihewi et al, 2017), quality management (Abusa and Gibson, 2013;Ahmad and Elhuni, 2014), asset management (Beitelmal et al, 2017), healthcare management (Imhmed et al, 2014) and marketing performance (Elkrghli, 2017). The use of financial measures is still of great importance to most companies in both developing and developed countries (Mintz and Currim, 2013;Al Sawalqa, 2011;Fakhri, 2010;Neely, 2008;Ismail, 2007).…”

Section: The Adoption Of Mpms In An Emerging Marketmentioning

confidence: 99%

Organisational performance and the use of multiple performance measures in an emerging market

Amhalhal

Anchor

Papalexi

et al. 2021

IJQRM

View full text Add to dashboard Cite

PurposeThis study is an empirical investigation of the relationship between the use of 41 multiple performance measures (MPMs), including financial performance measures (FPM), non-financial performance measures (NFPMs) and organisational performance (OP) in Libya.Design/methodology/approachThe results are based on cross-sectional questionnaire survey data from 132 Libyan companies (response rate 61%), which were obtained just before the so-called Arab Spring.FindingsMPMs are used by both manufacturing and non-manufacturing companies. Libyan business organisations are more likely to use FPMs than NFPMs. However, these companies still rely more heavily on FPMs. The relationships between the use of NFPMs and OP and the use of MPMs and OP are positive and highly significant. The relationship between the use of FPMs and OP is positive but not significant.Research limitations/implicationsThe high power distance associated with the conservative, Libyan, Arab context will reinforce the tendency to use FPMs more than NFPMs. This may provide a performance advantage to those organisations which do adopt NFPMs.Practical implicationsAlthough there may be institutional barriers to the use of NFPMs in Libya, and other emerging markets, these are not insuperable and there is a payoff to their use.Originality/valueNo previous studies of emerging markets, such as the Middle East or North Africa, have looked at the relationship between OP and the adoption of such a large array of MPMs.

show abstract

“…The remaining classification systems in the literature are generic, making them ineffective in locating building assets inside various types of buildings (Grussing, 2014; Eweda et al , 2015; Beitelmal et al , 2017). These systems present various complications owing to their flaws.…”

Section: Literature Reviewmentioning

confidence: 99%

A unified work breakdown structure-based framework for building asset management

Al-Kasasbeh

Abudayyeh

Liu

2020

JFM

View full text Add to dashboard Cite

Purpose Asset inventory is an essential part of any building asset management system and is needed by such functions as condition assessment and deterioration prediction. Previous studies in asset management systems have suggested the use of one of the many standard construction classification systems, such as UniFormat or MasterFormat, in achieving the goals of asset management. However, each classification system has its unique features, and it has been developed for different purposes and may not necessarily be directly adaptable to asset management. A proper classification system is thus needed to achieve the goals of building asset management effectively. Such a system must take into consideration the objectives and functions of asset management. Therefore, the purpose of this paper is to establish a unified work breakdown structure (WBS)-based framework for building asset inventory. Design/methodology/approach The WBS-based framework aims to cover the entire lifecycle of an asset so as to provide the unified classification system for asset inventory. The proposed framework is developed based on appropriate building standards. Also, comprehensive levels of details are included for space functions and locations for all assets in any type of building. Furthermore, this framework takes into consideration utilities in any kind of building project. As such, the WBS-based framework proposed in this research endeavor provides the basis for effective asset management. An educational building case study is presented and discussed to demonstrate the effectiveness of the proposed framework for asset management. Findings The unified WBS-based framework for building asset management effectively classifies asset inventories and facilitates decision-making in asset management during the lifecycle of an asset. Originality/value This research synthesizes a unified WBS-based framework for building asset management, which allows for a more effective lifecycle building asset management.

show abstract

Challenges and barriers to establishing infrastructure asset management

Cited by 9 publications

References 72 publications

Strategic Aspects of Asset Management: An Overview of Current Research

Strategic Aspects of Asset Management: An Overview of Current Research

Organisational performance and the use of multiple performance measures in an emerging market

A unified work breakdown structure-based framework for building asset management

Contact Info

Product

Resources

About