Development of an asset management plan, Strategic Management

Assignment Help:

Write a submission to your chief executive officer of your organisation describing a strategy to improve the organisation's assets, their management, and the standard of service which they provide, to achieve the board's goals.

You will need to select the type of assets and asset network you are managing.

Your submission should be between 3000 and 4000 words in length and will have, in addition to the body of the report, an abstract, table of contents, background, introduction, conclusion and list of references. Background information should be as brief as possible and include a brief description of your organisation, its asset network, services provided by that asset network, and current state of the network.

At a minimum, your report should address the following specific points:

  • Background
  • The asset life cycle
  • Stakeholder expectations
  • The outcomes you want to achieve at the end of the five and ten year periods
  • Performance and serviceability requirements and indicators
  • Development of a reliable asset inventory
  • Deterioration and condition monitoring
  • How to achieve best value from the asset network
  • Current and future technologies
  • Development of an asset management plan
  • Appropriate asset management systems
  • Likely benefits and costs
  • Discussion
  • Conclusion

A further 50 marks are allocated for communication aspects of your report, as follows:

  • Abstract and table of contents
  • Structure
  • Language and style
  • Completion in 3 000 to 4000 words
  • Setting out and referencing

 


Related Discussions:- Development of an asset management plan

Management decision - making case problem, Louise Nance had working on the ...

Louise Nance had working on the assembly line of the Jackson Manufacturing Company for about six months. During recent weeks, her supervisor, Ben Miller, noticed that her productio

Successful business teams, 1 Explain the characteristics of successful busi...

1 Explain the characteristics of successful business teams 2 Explain the importance of team roles in successful business teams 3 Examine the value of using theoretical models whe

Calculate the growth-price-recovery, Hamadi Corporation manufactures an ele...

Hamadi Corporation manufactures an electronic component 'AZ-101'. This component is significantly different from its peer companies and has gained a high repute. The company presen

Stakeholders, Ask What advantages are there to employees as stakeholders ar...

Ask What advantages are there to employees as stakeholders are available in Germany that are not provided to employees in US companies? In the United States, how do employees let

The key stages in maintenance program in an organization, Question: (a)...

Question: (a) Many organizations consider the maintenance function as a critical operational and decision making area that can guarantee plant availability and reliability. A

Non-superannuation strategies, Yanni and Joanna need some investment advice...

Yanni and Joanna need some investment advice. Joanna has sold $660,000 worth of WOW shares that she inherited late last financial year. She has $616,000 remaining after paying capi

Develop wind energy offshore, We know from a great deal of research that wh...

We know from a great deal of research that when asked to assign probabilities to uncertain states of nature most people give answers that are over-confident when calibrated against

Compensation:strategic perspective, Prepare a paper analyzing the role of M...

Prepare a paper analyzing the role of Macro Environmental Analysis and Perceived Task Environment at your workplace, or an organization of your choice. In the paper, discuss one tr

strategy options for an organization, a) Use modelling tools to make strat...

a) Use modelling tools to make strategy options for an organization. b) Make a comparative understanding of activity from organizations in the market. c) Make options to form the

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd