Identifying the Critical Success Factors for Engineering Asset Management Services—An Empirical Study

Jooste, Johannes L.; Vlok, P. J.

doi:10.1007/978-3-319-15536-4_32

Cited by 5 publications

(18 citation statements)

References 24 publications

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“…This paper begins with a summary of the findings from the research conducted by Jooste and Vlok [11] on identifying the CSF for asset management services. A description of a decision support model for asset management services follows, and this is used to provide the industry with access to the identified CSF for decision-making purposes and to improve asset management services.…”

Section: "The Coordinated Activity Of An Organisation To Realise Valumentioning

confidence: 99%

“…Jooste and Vlok [11] report that the success factors are universal, and are unaffected by the type of asset management service, the asset management environment, or the type of industry. There are various perspectives on how different role players experience success factors; but the overall effect of these differences -especially for the top 30 per cent of success factors -is negligible, and should not adversely affect the universal use of the success factors across all types of asset management services.…”

Section: Figure 1: Characteristics Of the Sample Distributionmentioning

confidence: 99%

“…The ability to design a practical solution for the asset-owning organisation's existing asset management maturity; but also to consider (in the design) the long term goals for the asset management maturity targets. In summary, Author1 and Author2's [11] research is the first to explore the identification of factors affecting the synergy between asset management and services. The factors in Table 2 should be actively managed during each of the service life cycle phases by all the role players, to make a successful asset management service partnership most likely.…”

Section: Figure 1: Characteristics Of the Sample Distributionmentioning

confidence: 99%

“…To address the problem, research was initially conducted by Jooste and Vlok [11] to identify the CSF that are required to collaborate in a successful asset management service environment; and then to develop a decision support model to make the CSF available to the asset management service industry for decision-making purposes.…”

Section: "The Coordinated Activity Of An Organisation To Realise Valumentioning

confidence: 99%

“…To identify the success factors for asset management services, Jooste and Vlok [11] used a mixed method design approach for their research. The content of the existing literature was analysed and developed into a Delphi study that resulted in 46 success factors specific to asset management.…”

Section: A Summary Of the Success Factors For Asset Management Servicesmentioning

confidence: 99%

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A Decision Support Model to Determine the Critical Success Factors of Asset Management Services

Jooste

Vlok

2015

The South African Journal of Industrial Engineering

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Business-to-business services relating to physical asset management play an increasingly important role in industry. This is in the context of the current pressures that organisations experience in realising optimal value from their assets. Complying with asset management standards such as ISO 55000 contributes towards the importance of these services. This paper summarises the findings from a study identifying the critical success factors for asset management services, and presents a decision support model that provides the asset management community with access to these factors for decision-making and for improving asset management services. OPSOMMINGBesigheid-tot-besigheidsdienste met betrekking tot fisiese batebestuur speel 'n toenemende belangrike rol in die industrie. Dit is te midde van die druk wat batebesittende organisasies tans ondervind om optimale waarde uit hul fisiese bates te verkry. Die strewe om te voldoen aan batebestuurstandaarde soos ISO 55000 dra by tot die belangrikheid van hierdie dienste. Die verhandeling gee 'n opsomming van 'n studie rakende die identifisering van die kritiese suksesfaktore vir batebestuurdienste, en lê 'n besluitnemingsmodel voor wat die batebestuurgemeenskap toegang gee tot hierdie suksesfaktore vir besluitnemingsdoeleindes en vir die verbetering van batebestuurdienste.

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Section: "The Coordinated Activity Of An Organisation To Realise Valumentioning

confidence: 99%

Section: Figure 1: Characteristics Of the Sample Distributionmentioning

confidence: 99%

Section: Figure 1: Characteristics Of the Sample Distributionmentioning

confidence: 99%

Section: "The Coordinated Activity Of An Organisation To Realise Valumentioning

confidence: 99%

Section: A Summary Of the Success Factors For Asset Management Servicesmentioning

confidence: 99%

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A Decision Support Model to Determine the Critical Success Factors of Asset Management Services

Jooste

Vlok

2015

The South African Journal of Industrial Engineering

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Critical success factors of risk‐based inspection

Mohamed

Hassan

Hamid

2018

Process Safety Progress

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Risk-based inspection (RBI) is a tool which helps ensure safe and economically viable operation. To benefit from an RBI system, the factors that affect its implementation need to be studied. This research focuses on identifying and ranking the critical success factors (CSFs) of RBI. Based on the literature review of RBI, an initial list of 28 potential CSFs was identified and complied. These CSFs were then grouped into eight factor headings according to RBI/RBM, RBIM and risk assessment process. A survey was conducted to assess and prioritizes the degree of influence of those success factors on RBI systems, while determining whether these CSFs do indeed play a critical role in the successful implementation of RBI systems as perceived by the respondents. Samples were collected to confirm the identified CSFs. The findings show that the most influential factor is "Data Collection," and while "RBI Estimation" is the most critical factor heading in the implementation of RBI. Additionally, the findings also show that all CSFs identified are critical and relevant for Malaysian industries.

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A Study into the Critical Success Factors of an Asset Management System Implementation: A Review and Evaluation

Maletič,

Todorović,

Maletič

2024

Lecture Notes in Mechanical Engineering

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Identifying the Critical Success Factors for Engineering Asset Management Services—An Empirical Study

Cited by 5 publications

References 24 publications

A Decision Support Model to Determine the Critical Success Factors of Asset Management Services

A Decision Support Model to Determine the Critical Success Factors of Asset Management Services

Critical success factors of risk‐based inspection

A Study into the Critical Success Factors of an Asset Management System Implementation: A Review and Evaluation

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