“Deferred maintenance is the practice of postponing maintenance activities, such as repairs on both real property — infrastructure — and personal property — equipment and systems...

Asset taxonomy combined with nomenclature data (metadata) and performance data along with asset health information are some of the important inputs used in making decisions and...

Part 1 of 3

Sometimes, we fool ourselves into thinking a bad deal is actually a bargain. My neighbors built their home in 2008 at the beginning of the housing crash. They chose to...

Part 2 of 3

Many happy returns

Two key concepts are crucial to understand for managers starting the process of making a financial case for a project or purchase.

ROI is a...

Part 3 of 3

When formally and professionally presenting the proposal, managers need to include an executive summary of the overall spending, adding details, time frames, and...

Asset intensive companies have been aiming to increase the reliability of their operations to improve financial performance through effective Asset Performance Management (APM)...

Most professionals have the good fortune of working for really fantastic leaders, but also the misfortune of working with a few ineffective leaders. Truly inspiring leaders lead...

In today’s competitive industrial landscape, companies that focus only on design and operations risk being left behind. Modern businesses need intelligent, optimized, and evolving...

Part 1 of 2

Have you ever had a discussion with your significant other about non-value-added activities? For instance, why rake leaves when the wind eventually will blow them...

Part 2 of 2

The reallocation of responsibilities, the deletion of non-value-added PMs, the extended PM intervals, the deletion of duplicate PMs, and the implementation ofspecific...