Asset Management
🇬🇧
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Asset Management - Leaderboard
Asset Management - Details
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29 questions
| 🇬🇧 | 🇬🇧 |
| Set of coordinated activities that an organization uses to realize value from assets in the delivery of its aim. | Asset Management |
| A strategy document for maintaining the asset based on its criticality and an optimum lifecycle costs. | Asset management plan |
| What does "CR" stand for? | Corporate Responsibility |
| Intentions and direction of an organization pertaining to asset management as formally expressed by its top management. | Asset Management Policy |
| What is the minimum a Strategic asset management plan should contain? | Starting point, intended outcome, scope of the SAMP and rules of the game |
| The effect of uncertainty on asset management objectives. | Asset Management Risk |
| An integrated approach to managing risk across an organization. | Enterprise Risk Management |
| The amount of risk an organization is willing to accept in order to achieve its objectives. | Risk Tolerance |
| A software system that keeps records and tracks all maintenance activities. | Computerized maintenance management system (CMMS) |
| A process in which the equipment operator improves reliability by identifying potential equipment problems and failures early. | Operator Driven Reliability |
| An advanced maintenance technique focused on using technology to determine the condition of assets and then taking appropriate actions to avoid failures. | Predictive Maintenance |
| A maintenance stratagey based on equipment inspection and servicing that are pre-planned at a specific point in time. | Preventive Maintenance |
| A systematic, disciplined process for establishing the appropriate maintenance plan for an asset/system to minimize the probability of failures. | Reliability-Centered Maintenance |
| A maintenance strategy that emphasizes operations and maintenance cooperation. | Total Productive Maintenance |
| A system that identifies four perspectives for viewing a process or organization: Financial Internal Process, Learning and Growth, and Customer. | Balanced Scorecard |
| Measures performance after the business or process results begin to follow a particular pattern or trend. | Lagging Indicator |