Asset Management Excellence : Optimizing Equipment Life-Cycle Decisions, 2nd Edition

During the eight years since the publication of Maintenance Excellence: Optimizing Equipment Life-Cycle Decisions the business environment has changed drastically. Globalization, consolidation, and changes in technology challenge asset management and maintenance professionals to be more efficient. Globalization and consolidation have been particularly instrumental in the changes in maintenance standards, approaches, and the use of technology to become more efficient and cost effective. Reflecting all this and more, the second edition has been renamed : Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions.

New in the Second Edition :
• Two new chapters on Maintenance Management Fundamentals
• Coverage of leadership issues, the implementation of new processes, and change management
• Discussion of the design stage and key factors for successful implementation
• Understanding the dynamic influences and optimization of spares management
• Updated case studies
• Introduction to new software packages that optimize a variety of maintenance and replacement decisions

Although there have been patterns and trends that have emerged around the world in asset management, the root principles are the same—personnel with tools go out to address the needs of maintaining assets. However, many of the tools, technologies, and thought processes have evolved and matured to allow a rethinking of the deeper maintenance processes. For this edition, a new set of authors and contributors have revisited the content, updated information, and added new content based on the passage of time, changes in thinking, and the introduction and improvement in technologies.

Preface
Acknowledgements
Editors
Contributors

Chapter 1 : Asset Management Excellence

Section I : Maintenance Management Fundamentals
Chapter 2 : Asset Classes and the World of Life-Cycle Asset Management
Chapter 3 : A Framework for Asset Management
Chapter 4 : Measurement in Maintenance Management
Chapter 5 : Information Management and Related Technology
Chapter 6 : Materials Management Optimization

Section II : Managing Equipment Reliability
Chapter 7 : Assessing and Managing Risk
Chapter 8 : Reliability by Design : Reliability-Centered Maintenance
Chapter 9 : Reliability by Operator : Total Productive Maintenance

Section III : Optimizing Maintenance Decisions
Chapter 10 : Reliability Management and Maintenance Optimization : Basic Statistics and Economics
Chapter 11 : Maintenance Optimization Models
Chapter 12 : Optimizing Maintenance and Replacement Decisions
Chapter 13 : A Maintenance Assessment Case Study

Section IV : Achieving Maintenance Excellence
Chapter 14 : Real Estate, Facilities, and Construction
Chapter 15: Information Technology Service Management Life Cycle
Chapter 16 : Information Technology Asset Management
Chapter 17 : Achieving Asset Management Excellence
Chapter 18 : The Future of Asset Management Solutions: Consolidation, Capability, Convergence

Appendix A : References, Facts, Figures, and Formulas
Appendix B : RFID Updates
Appendix C : PAS 55—An Emerging Standard for Asset Management in the Industry
Index