Text Box: Asset management is the “Cradle to grave” management of physical assets. The asset management discipline is concerned with the optimal management of the assets and timely decision making in order to ensure you have the right asset at the right value to deliver the right level of service at the right time. A common objective of Asset Management is to minimise the whole life cost of the asset, although other factors such as risk and delivering service also have to be considered. Experience counts At Yorkshire Water, Peter Abell worked for an asset intensive utility where he developed and implemented asset management tools and techniques to improve asset management decisions and directing asset owners to collect the right data to ASSESS RISK, DRIVE EFFECTIVE SOLUTIONS and make capital and operating EFFICIENCIES. Peter developed and ran training courses to ensure asset managers, project managers, consultants and contract partners had the appropriate skills to identify asset needs and deliver solutions in an effective and efficient manner Read more about Peter on his LinkedIn profile Rounded Rectangle: We can give you effective asset management processes that will: Follow best practice Ensure a clear line of sight from your organisation’s high level goals and objectives to individual projects and tasks Identify Critical Assets Identify and manage the risk of asset failure Identify indicators of failure to monitor the critical items Identify priorities for addressing Identify cost effective solutions Target resources efficiently Help you achieve your objectives Ensure you focus on gathering effective information on which to base your decisions Give consistency to decision making Document clearly why and how decisions were taken

Asset Management

“the Right Asset, for the Right Value, in the Right Place, at the Right (first and every) Time”

© R!sk Matters Ltd  2011

because risk matters
Rounded Rectangle:

Asset Management

Risk Management

Training

Failure forecasting

Value Management

Health Check

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