An Approach to Manage and Evaluate Engineering Asset Performance

An Approach to Manage and Evaluate Engineering Asset Performance

Mohammed Saif AL Saidi

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John P. T Mo

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RMIT University

An Approach to Manage and Evaluate Engineering Asset Performance

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Abstract

Modern engineering assets are complex and very high in value. They are expected to function for years to come, with ability to handle the change in technology and ageing modification. The aging of an engineering asset and continues increase of vendors and contractors numbers forces the asset operation management (or Owner) to design an asset management system which can capture these changes. Furthermore, an accurate performance measurement and risk evaluation processes are highly needed. Therefore, this paper propose an asset management system performance evaluation for an engineering asset based on the System Support Engineering (SSE) principles. The research work explores the asset management system from a range of perspectives, interviewing managers from across an industrial organization. The factors contributing to complexity of an asset management system are described in context which clusters them into several key areas. It is proposed that SSE framework may then be used as a tool for analysis and management of asset with given an industrial example. The paper will conclude with discussion of potential application of theframework and opportunities for future research.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Mohammed Saif AL Saidi. 2014. \u201cAn Approach to Manage and Evaluate Engineering Asset Performance\u201d. Global Journal of Research in Engineering - G: Industrial Engineering GJRE-G Volume 14 (GJRE Volume 14 Issue G1).

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GJRE Volume 14 Issue G1

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Journal Specifications

Crossref Journal DOI 10.17406/gjre

Print ISSN 0975-5861

e-ISSN 2249-4596

Keywords

engineering asset management Evaluation Performance

Submission ReceivedDecember 16, 2013
Peer Review Double Blind
Handling Editor
Accepted January 5, 2014
Published January 15, 2014

Version of record

v1.2

Issue date

March 27, 2014

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Article Matrices

Total Score: 132

Country: Australia

Subject: Global Journal of Research in Engineering - G: Industrial Engineering

Authors: Mohammed Saif AL Saidi, John P. T Mo (PhD/Dr. count: 0)

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