By Chris Lloyd
The 1st ebook of its type, Asset administration deals complete and obtainable insurance of the entire significant facets of the topic, delivering a useful connection with these operating in or studying approximately asset-intensive industries
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Additional resources for Asset Management: Whole Life Management
Sample text
Institute of Asset Management, Bristol. org/content/download-competences-framework (accessed 10/02/2012). Ofwat (2009a) Asset management assessment and baseline setting (AMA), PR09/23. Ofwat, Birmingham. uk/pricereview/pr09phase2/pr09phase2 letters/ltr_pr0923_amabaselinesetting (accessed 10/02/2012). Ofwat (2009b) Annual report 2008–09. Ofwat, Birmingham. UKWIR (2002) Capital Maintenance Planning: A Common Framework (CMPCF), 02/ RG/05/03. UK Water Industry Research, London. org/ukwirlibrary/ 80474 (accessed 10/02/2012).
Case study: Arts Victoria An additional requirement was that the framework should be capable of being scaled up to suit the needs of the larger arts agencies, such as the State Museum and Art Gallery, so that a common approach could be taken to all arts facilities. These agencies are semi-autonomous, and are supported, rather than controlled, by Arts Victoria, so the framework would need to be seen to deliver demonstrably good value to them if it was to be accepted. The framework was also required to guide and inform decision-making on compliance issues, maintenance, renewal and long-term development of arts infrastructure.
The plan was to adopt a new functional structure made up of five main functions, namely operations, property, commercial, corporate, and asset management and development (AMD). The new AMD function comprised design, projects, maintenance and asset management plus a new commercial business section. The major shift was to bring asset lifecycle management under one banner. However, when the organisation embarked on this restructuring in 2010, significant focus was still on delivering Dublin’s new terminal, all associated infrastructure and the major operational changes associated with a major build project, its commissioning phases and the ‘go live’ transition.