Integration of Asset Management Standard ISO55000 with a Maintenance Management Model

Parra, Carlos; González-Prida, Vicente; Candón, Eduardo; Fuente, Antonio de la; Martínez-Galán, Pablo; Crespo, Adolfo

doi:10.1007/978-3-030-64228-0_17

Cited by 15 publications

(7 citation statements)

References 3 publications

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“…Secondly, the ethical work climate enhances the affective commitment among followers. This fits well with the aims of the family of Standards ISO 55000 on asset management that support a king of management oriented to obtaining value from physical assets (Parra et al, 2021). Consequentially, as Pudney et al (2021) for example, found out in their study, the infrastructural projects had a positive net present value and a benefit-to-cash ratio greater than one, almost sixty percent of the planned expenditure was for projects for which real options analysis indicated the engineering being poor value for money.…”

Section: Authentic Leadership and Physical Asset Management Practicessupporting

confidence: 67%

The Moderating Effects of Institutional Framing on Authentic Leadership-Physical Asset Management Practices Relationships in Local Governments in Uganda

Obicci

2022

IJSSER

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Purpose of the study: Resource scarcity forces governments to face institutional problems amidst a toxic leadership environment, making the management of physical assets progressively more challenging. This study examines the moderating effect of institutional framing on the relationship between authentic leadership and physical asset management (PAM) practices in Local Governments in Uganda. Methodology: It is a cross-sectional study that uses a questionnaire to collect data from 261 employees of four selected LGs in Acoliland in mid-north Uganda. With the help of the statistic program for social scientists (SPSS) and Hayes’ (2018) analysis, the research established the moderating effect of institutional framing on the authentic leadership-PAM practices relationship. Main Findings: Results indicate a positive and significant result between authentic leadership and institutional framing, as well as between institutional framing and PAM practices. It also shows that institutional framing fully mediates the relationship between authentic leadership and PAM practices. Research limitations/implications: Given the current study is quantitative in nature, it stifles causal inferences from being drawn with regard to the results which are revealed in connection to the relationship between the studied variables. Also, the authenticity of the leaders to promote positive institutional framing may be considered as a guide in solving PAM practices problem issues. Novelty/Originality of this study: The study is the first of its kind to examine the moderating role of institutional framing on the relationship between authentic leadership and PAM in a local government setting in a developing country.

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Section: Authentic Leadership and Physical Asset Management Practicessupporting

confidence: 67%

The Moderating Effects of Institutional Framing on Authentic Leadership-Physical Asset Management Practices Relationships in Local Governments in Uganda

Obicci

2022

IJSSER

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“…After reviewing several types of asset maintenance, as below, with their respective definitions and tasks, arriving at a comparison between these types of maintenance with each other, there are significant similarities, in the application even with different names and types of asset maintenance. Because according to [3], and [4] all types of asset maintenance have the same goal, namely to maintain the life cycle of an asset, which is very necessary to produce something useful, in large, medium, and small industries.…”

Section: Literature Reviewmentioning

confidence: 99%

A Comparative Study Of Reliability-Centered Maintenance And New-Based Maintenance Approaches On A Working-Hours Engine: A Case Study

Sarmento

2023

CIE

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Maintenance is an important system in operation. In an era where the electricity generation industry focuses on 24-hour operations to maximize the production of electrical energy, which is needed for development and as a driving force for office equipment and the economy of the people in Timor- Leste, it is pushed to its absolute limit to meet this demand. With the increase in the operation of the electric energy generation unit, the wear and tear of the engine components will increase. So, the need for increased engine parts, to prevent failure. To remedy this situation and guarantee the machine’s continued peak performance, preventative maintenance is executed. Preventive maintenance (PM) is one subfield of maintenance that aims to forestall failures before they manifest. The maintenance, production, and management teams will need to work closely together to make PM a success. This article is a case study of Electrical Diesel Timor-Leste (EDTL), a firm with two power production facilities located in Hera and Betano, and it examines the causes of inefficient PM activity and the ramifications this has for the organization.

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“…Such responsibilities need to be clearly defined throughout the organization. Typically, the responsibility for Asset Management overlaps between Quality and Operations functions (Parra et al, 2021). A new role should be created to support nested asset lifecycles, taking a more holistic view of the entire factory as a system and supporting the integration of the different stakeholder perspectives, ensuring that lifecycles or lifespan issues are a key consideration with asset strategy.…”

Section: Managerial Implicationsmentioning

confidence: 99%

Nested Lifecycles-Improving the Visibility of Product Lifespans in Smart Factories

West¹,

Ebel²,

Anderson³

et al. 2022

Front. Manuf. Technol.

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Within the smart factory environment, we have a complex system of systems composed of Industry 4.0/digital technologies and assets with varying lifespans. Different degrees of innovation maturity and different lifespans of integrated assets within the industrial internet of things (IIOT) are considered problematic and lead to different perspectives on asset lifecycles as they impact significantly on the asset lifespans. This leads to the loss of a clear end-of-life phase defined in existing Product Lifecycle Management (PLM) models. Through an integrative literature review, this study introduces the concept of nested lifecycles that takes a systems perspective to asset management, and considers subsystems with different lifespans that must be managed holistically by different actors with different perspectives. Additionally, this study provides a framework to derive strategies for lifecycle management by allowing the nested lifecycles to be clearly identified and then addressed. From the theoretical perspective, the notion of nested lifecycles provides a novel viewpoint for the asset management and PLM research community. From the managerial perspective, the proposed framework will help managers identify why and where collaboration between different actors may create difficulties due to their varying outlooks and training.

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Integration of Asset Management Standard ISO55000 with a Maintenance Management Model

Cited by 15 publications

References 3 publications

The Moderating Effects of Institutional Framing on Authentic Leadership-Physical Asset Management Practices Relationships in Local Governments in Uganda

The Moderating Effects of Institutional Framing on Authentic Leadership-Physical Asset Management Practices Relationships in Local Governments in Uganda

A Comparative Study Of Reliability-Centered Maintenance And New-Based Maintenance Approaches On A Working-Hours Engine: A Case Study

Nested Lifecycles-Improving the Visibility of Product Lifespans in Smart Factories

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