Managing physical assets is a paradigm shift from maintenance

Amadi-Echendu, Joe

doi:10.1109/iemc.2004.1408874

Cited by 43 publications

(40 citation statements)

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“…This asset is an entity that is capable of creating, sustaining or destroying value at any stage in its life-cycle (Amadi-Echendu, 2004). Analyzing actual network devices or tangible assets (data center, server, desktop computer, router, switch and etc.)…”

Section: Computing and Network Assetsmentioning

confidence: 99%

Threat Modeling Approaches for Securing Cloud Computin

Amini¹,

Jamil²,

Ahmad³

et al. 2015

J. of Applied Sciences

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A B S T R A C TThe cloud computing delivers services of processing data by using parallel and high computational processors virtually and remotely. This is very useful and beneficial to enterprises that have limitations in terms of processing resources, data storages and man power. However, one of the main challenge in cloud computing is data security. Supposed each user has an access to the domain based on the privilege given by the server. However, an attacker always has the opportunity to bypass the privilege by exploring and exploiting every vulnerability and threat found in the cloud computing environment. A systematic approach to identify vulnerabilities and threats is thus very important to ensure only authorized party is allowed to access the data. In this study, several approaches of vulnerability and threat modeling are reviewed and found that none of them is suitable for the cloud computing environment. Therefore, authors presented a dynamic model of identifying vulnerabilities and threats in the cloud computing environment. The proposed model enables the organization to systematically identify vulnerability and threats and analyze the security risk when they use cloud computing services.

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Section: Computing and Network Assetsmentioning

confidence: 99%

Threat Modeling Approaches for Securing Cloud Computin

Amini¹,

Jamil²,

Ahmad³

et al. 2015

J. of Applied Sciences

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“…• The shift from maintenance management to whole life cycle asset management [1]; • The formalisation and industry acceptance of ISO 55000 (and its predecessor PAS 55) as an asset management standard; • The shift from off-the-shelf software to software-as-a-service (SaaS) in the enterprise software industry [5];…”

Section: "The Coordinated Activity Of An Organisation To Realise Valumentioning

confidence: 99%

A Decision Support Model to Determine the Critical Success Factors of Asset Management Services

Jooste

Vlok

2015

The South African Journal of Industrial Engineering

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Business-to-business services relating to physical asset management play an increasingly important role in industry. This is in the context of the current pressures that organisations experience in realising optimal value from their assets. Complying with asset management standards such as ISO 55000 contributes towards the importance of these services. This paper summarises the findings from a study identifying the critical success factors for asset management services, and presents a decision support model that provides the asset management community with access to these factors for decision-making and for improving asset management services. OPSOMMINGBesigheid-tot-besigheidsdienste met betrekking tot fisiese batebestuur speel 'n toenemende belangrike rol in die industrie. Dit is te midde van die druk wat batebesittende organisasies tans ondervind om optimale waarde uit hul fisiese bates te verkry. Die strewe om te voldoen aan batebestuurstandaarde soos ISO 55000 dra by tot die belangrikheid van hierdie dienste. Die verhandeling gee 'n opsomming van 'n studie rakende die identifisering van die kritiese suksesfaktore vir batebestuurdienste, en lê 'n besluitnemingsmodel voor wat die batebestuurgemeenskap toegang gee tot hierdie suksesfaktore vir besluitnemingsdoeleindes en vir die verbetering van batebestuurdienste.

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“…This is made clear by ISO 55000, which stresses the importance of "[t]he shift from maintenance management to whole life cycle asset management" (Jooste and Vlok, 2015). This asks for an integration of the management of the assets over different life cycle phases (Amadi-Echendu, 2004), for example the use of the knowledge and skills of the OEM (original equipment manufacturer) throughout the complete life of the asset (Henderson et al, 2014). Asset Management should emphasize the complete life cycle of the asset (Amadi-Echendu et al, 2010).…”

Section: In Alcm the Whole Life Cycle Of A Physical Asset Is Taken Imentioning

confidence: 99%

“…Many lists of disciplines exist, but one rather complete list is given by Amadi-Echendu, who argues that creating value with assets throughout their life cycle "requires a higher level integration of the synergies between the traditional disciplines in accounting, economics, engineering, finance, and humanities; as well as logistics, process and information systems technologies" (Amadi-Echendu, 2004, p. 1157. This is especially important as these different disciplines may each pursue their own, sometimes conflicting objectives (Wenzler, 2005).…”

Section: Alcm Is a Multidisciplinary Practicementioning

confidence: 99%

“…Many lists of relevant disciplines exist, but one rather complete list is given by Amadi-Echendu, who argued that creating value with assets throughout their life cycle "requires a higher level integration of the synergies between the traditional disciplines in accounting, economics, engineering, finance, and humanities; as well as logistics, process and information systems technologies" (Amadi-Echendu, 2004, p. 1157, making it an "interdisciplinary field of endeavour" (Amadi-Echendu et al, 2010, p. 3). However, in a discussion on Asset Management, Haffejee and Brent concluded that in many current methods "the economic, environmental, social and technical dimensions of Asset Management are not explicitly depicted" (2008, p. 286).…”

Section: Asset Management Is a Multidisciplinary Practicementioning

confidence: 99%

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Manoeuvring physical assets into the future

Ruitenburg¹

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Managing physical assets is a paradigm shift from maintenance

Cited by 43 publications

References 0 publications

Threat Modeling Approaches for Securing Cloud Computin

Threat Modeling Approaches for Securing Cloud Computin

A Decision Support Model to Determine the Critical Success Factors of Asset Management Services

Manoeuvring physical assets into the future

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