- Dr. Luis Amendola, PhD., Dr. Tibaire Depool, PhD
- Case studies
- Asset management
SUMMARY
In a perfect universe, all things related to any type of process, regardless of their origin or purpose, would be done in the same way or following the same pattern. This would guarantee a minimum investment of effort, time, and resources, and therefore result in obtaining maximum benefit. The Asset Management (AM) concept, despite being relatively new, is taking on an almost indispensable role in the management of industrial projects, especially in a world where operational standards are dominating the entire industrial environment. Currently, the ISO 55000 standard is the best option for project managers who want to guarantee maximum achievement of their objectives regarding asset management and asset management systems. Similarly, we have the Supply Chain (SC) concept, which despite being much older than AM and having a certain priority when making key decisions in projects—since it is responsible for meeting all the needs of all areas throughout the entire life of a project—maintains a close relationship with Asset Management. In this regard, the ISO 28000 standard is the best option for project managers who want to guarantee the achievement of supply chain management objectives in organizations.
Project management operations in industries are increasingly involved in more and more situations that threaten the achievement of the final objectives of each project. Each project has its stages, which in turn have their phases, strategies, processes, management levels, etc., within an organization. And that organization has departments or entities responsible for monitoring proper compliance with their part within the project. Now, this translates into generating investment costs. Working in teams is most efficient, but of course, the more teams, the higher the cost. Currently, most projects focus all their planning and strategies on some type of methodology to follow, whether a standard, a norm, management models, process flowcharts, etc.
