AM Framework: Optimization
This article and the rest of the AM Framework Miniseries has moved to the AMP Newsletter's new location.
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Maintenance Engineer with passion for Asset & Risk Management
1 年As the organization’s asset management maturity increases, the portion of variable costs to fixed/inflexible costs will increase. This is an interesting perspective as most AM conversations are based around how AM maturity leads to increased planned and predictive costs - and lower Unplanned Costs. Your perspective reflects a trust based model where the capabilities of the Asset Management Systems and People are acknowledged via the provision of empowerment to act to deliver the best possible outcomes. This model has significant benefits in Risk Management, Asset Management and Service Delivery.
FM Innovator & Product Strategist | EAM, IWMS & CPIP
1 年Great article, Jack! Love the “bathtub” figure! It’s a great visualization of asset optimization.