Likelihood Impact Matrix
25/02/2019Risk comprises two components; likelihood and impact (or consequence). The two components of risk can be combined in
more...Limitations Of Risk Management
25/02/2019Practical Limitations of Risk Management The value and versatility of Risk Management are dependent on a number of factors,
more...Linking Asset Performance And Service Delivery
25/02/2019Asset Operating and Maintenance Costs The cost of operating and maintaining assets has a large impact on an agency’s
more...Linking Budgeting With Cost Accounting
25/02/2019Like budgets, cost accounting systems are designed to provide critical information to decision makers. Therefore, an important first
more...Long Range Planning In Asset Management
25/02/2019Relationships Between the Asset Management Plan and Long-Range Planning In many respects, the process of designing and preparing a
more...Long Term Stewardship Responsibilities
25/02/2019Topic Sub-Categories Main Topic Identification of Requirements and Issues A systematic methodology is presented and applied for the identification of requirements
more...Maintaining Assets Information Systems
25/02/2019Responsibilities for Maintaining an Assets Information System Some of the responsibilities for maintaining an Assets Information System are (NRCC,
more...Maintenance Of Assets
25/02/2019Asset owner organisations in the public sector are responsible for developing five-year asset management strategies for the assets
more...Maintenance Optimisation Process
25/02/2019Multi-Objective Maintenance Optimisation Asset owners and stewards are faced with the necessity to reduce total life-cycle costs of assets,
more...Maintenance Performance Measure
25/02/2019Developing Maintenance Performance Indicators Performance indicators are used to report the quality of service, efficiency, productivity or cost effectiveness
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