Asset Management Maturity and the Role of Maintenance

Asset Management Maturity and the Role of Maintenance

Given the growing importance attributed to asset management and the subsequent implementation of structured management systems in companies, it is crucial to understand how organizations can assess the implemented systems and manage their key assets more effectively, utilizing appropriate tools. Similarly, the increasing focus that organizations have placed on managing their key assets has been accompanied by a greater role for maintenance professionals as key drivers and facilitators of improved asset management.

Thus, just as there has been significant development in normative documents supporting the creation and maturation of asset management systems, such as the PAS 55:2008 and the ISO 55000 family of standards, it becomes relevant and necessary to develop models that assist organizations in evaluating their management processes against set objectives. These models provide essential tools for organizations to continually enhance their processes.
Having established the relevance of this topic, this article will address the key points required for the accurate assessment of the maturity of asset management systems and how maintenance impacts these systems.

EVALUATION OF MATURITY

The assessment of an organization’s maturity level should be viewed as the initial task in defining processes for effective asset management (IBM, 2013). Measuring management maturity allows an understanding of the current state of the company in comparison to best practices in asset management. This assessment is conducted using models that identify the strengths and weaknesses of organizations, enabling the definition of procedures for efficient prioritization of actions.

THE ROLE OF MAINTENANCE

Throughout this article, the importance of the processes defined in the asset management system for its maturation has been emphasized. Consequently, maintenance plays a significant role in achieving the strategic objectives associated with the organization’s other assets. This is evidenced by the fact that the effectiveness of maintenance activities significantly influences the results of asset management. Focusing on the main benefits derived from effective maintenance, the direct impacts on management are reflected.

The maturity assessment helps understand that various areas of the company play a crucial role in realizing the defined processes, with maintenance being one of the highlighted areas. Positioned at the core of asset management, maintenance carries out the necessary tasks for optimal functioning and ensures, to the best of its capabilities, the availability of equipment. This is crucial to ensure that the key assets of organizations achieve and maintain their best performance, with a focus on achieving objectives.

 

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