Download or read book Cases on Optimizing the Asset Management Process written by González-Prida, Vicente and published by IGI Global. This book was released on 2021-10-15 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is critical to improve the asset management system implementation as well as economics and industrial decision making to ensure that a business may move smoothly internally. Maintenance management should be aligned to the activities of maintenance in accordance with key business strategies, which must be designed under the comprehensive approach of an asset management process. After transforming the priorities of the business into priorities of maintenance, maintenance managers will use their medium-team strategies to tackle potential weaknesses in the maintenance of the equipment in accordance with these objectives. Cases on Optimizing the Asset Management Process explains and summarizes the processes and the reference frame necessary for the implementation of the Maintenance Management Model (MMM). This book acts as an overview of the current state of the art in asset management, providing innovative tools and practices from the fourth industrial revolution. Presenting topics like criticality analysis, physical asset maintenance, and unified modelling language, this text is essential for industrial and manufacturing engineers, plant supervisors, academicians, researchers, advanced-level students, technology developers, and managers who make decisions in this field.

Download or read book Advances in Asset Management Strategies Technologies and Industry Applications written by Adolfo Crespo Márquez and published by Springer Nature. This book was released on with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Efficient Asset Management written by Richard O. Michaud and published by Oxford University Press. This book was released on 2008-03-03 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of theoretical benefits, Markowitz mean-variance (MV) optimized portfolios often fail to meet practical investment goals of marketability, usability, and performance, prompting many investors to seek simpler alternatives. Financial experts Richard and Robert Michaud demonstrate that the limitations of MV optimization are not the result of conceptual flaws in Markowitz theory but unrealistic representation of investment information. What is missing is a realistic treatment of estimation error in the optimization and rebalancing process. The text provides a non-technical review of classical Markowitz optimization and traditional objections. The authors demonstrate that in practice the single most important limitation of MV optimization is oversensitivity to estimation error. Portfolio optimization requires a modern statistical perspective. Efficient Asset Management, Second Edition uses Monte Carlo resampling to address information uncertainty and define Resampled Efficiency (RE) technology. RE optimized portfolios represent a new definition of portfolio optimality that is more investment intuitive, robust, and provably investment effective. RE rebalancing provides the first rigorous portfolio trading, monitoring, and asset importance rules, avoiding widespread ad hoc methods in current practice. The Second Edition resolves several open issues and misunderstandings that have emerged since the original edition. The new edition includes new proofs of effectiveness, substantial revisions of statistical estimation, extensive discussion of long-short optimization, and new tools for dealing with estimation error in applications and enhancing computational efficiency. RE optimization is shown to be a Bayesian-based generalization and enhancement of Markowitz's solution. RE technology corrects many current practices that may adversely impact the investment value of trillions of dollars under current asset management. RE optimization technology may also be useful in other financial optimizations and more generally in multivariate estimation contexts of information uncertainty with Bayesian linear constraints. Michaud and Michaud's new book includes numerous additional proposals to enhance investment value including Stein and Bayesian methods for improved input estimation, the use of portfolio priors, and an economic perspective for asset-liability optimization. Applications include investment policy, asset allocation, and equity portfolio optimization. A simple global asset allocation problem illustrates portfolio optimization techniques. A final chapter includes practical advice for avoiding simple portfolio design errors. With its important implications for investment practice, Efficient Asset Management 's highly intuitive yet rigorous approach to defining optimal portfolios will appeal to investment management executives, consultants, brokers, and anyone seeking to stay abreast of current investment technology. Through practical examples and illustrations, Michaud and Michaud update the practice of optimization for modern investment management.

Download or read book Key Factors and Use Cases of Servant Leadership Driving Organizational Performance written by Pressentin, Maria and published by IGI Global. This book was released on 2021-12-03 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective leadership is a major influence in the value creation for the success and sustainability required for organizations to thrive. Servant leader, or service minded-behaving leader, motivation and interactions tend to promote exemplary performance and collaboration in organizations. This is a 21st century must-have workplace-applicable style to develop cohesive high performing teams, purposeful and engaging environments, and build trust and organization vitality. Key Factors and Use Cases of Servant Leadership Driving Organizational Performance provides findings and recommendations to support practical application of servant leadership theory for the 21st century economy. Moreover, the book seeks to share evidence of how servant or service mindset and behavior-oriented leaders might mitigate organizational existing conditions to promote team member empowerment through servant-like interactions, as a result influencing their performance. Covering topics such as empathetic leadership and employee satisfaction, it is ideal for executives, managers, researchers, practitioners, aspiring leaders, educational institutions/libraries, academicians, consulting firms, and students.

Download or read book Maintenance Excellence written by John D. Campbell and published by CRC Press. This book was released on 2001-02-13 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considering maintenance from a proactive, rather than reactive, perspective, Maintenance Excellence details the strategies, tools, and solutions for maximizing the productivity of physical assets—focusing on profitability potential. The editors address contemporary concerns, key terms, data requirements, critical methodologies, and essential mathematical needs. They present maintenance in a business context, review planning, measurement, feedback, and techniques related to cost, efficiency, and results, and summarize applications of tools and software from statistics and neural networks to cost-optimized models.

Download or read book Interdisciplinary and Practical Approaches to Managerial Education and Training written by Carvalho, Luísa Cagica and published by IGI Global. This book was released on 2022-03-25 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last decades, the development of innovative practices has gained considerable interest. New generations of students have grown up in a very different environment from their predecessors, one influenced by information and communications technology (ICT). In a globalized world, ICT is changing the way businesses create and capture value, how and where we work, and how we interact and communicate. Thus, some of the traditional teaching methods are rapidly becoming obsolete and unattractive to the new generation of students. Despite the increase in the development of new teaching approaches in recent years, relevant questions related to learning objectives, suitable methodologies, and impact assessment remain unanswered. Interdisciplinary and Practical Approaches to Managerial Education and Training addresses the best practices, laboratory methods, policies, protocols, and practical approaches to managerial education and training. Covering a wide range of topics such as training programs, teacher education, and online learning, it is ideal for academics, university teachers, researchers, students, public and private institutions, and professionals in managerial training education.

Download or read book Empowering Sustainable Industrial 4 0 Systems With Machine Intelligence written by Ahmad, Muneer and published by IGI Global. This book was released on 2022-04-01 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent advancement of industrial computerization has significantly helped in resolving the challenges with conventional industrial systems. The Industry 4.0 quality standards demand smart and intelligent solutions to revolutionize industrial applications. The integration of machine intelligence and internet of things (IoT) technologies can further devise innovative solutions to recent industrial application issues. Empowering Sustainable Industrial 4.0 Systems With Machine Intelligence assesses the challenges, limitations, and potential solutions for creating more sustainable and agile industrial systems. This publication presents recent intelligent systems for a wide range of industrial applications and smart safety measures toward industrial systems. Covering topics such as geospatial technologies, remote sensing, and temporal analysis, this book is a dynamic resource for health professionals, pharmaceutical professionals, manufacturing professionals, policymakers, engineers, computer scientists, researchers, instructors, students, and academicians.

Download or read book Handbook of Research on the Future of the Maritime Industry written by Senbursa, Nihan and published by IGI Global. This book was released on 2022-03-25 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the COVID-19 pandemic, employees of maritime and logistics sectors have continued their activities both on shore and on board to complete operations and supply continuity of logistics management in hard times. While organizations worked to provide the best services to customers, the shipping industry suffered by the work-life changes brought by the pandemic. Changes have been felt in talent management in new shipping, changing maritime ethics and affecting the maritime industry psychology, employee motivation, importance of seafarers, and employee rights and responsibilities. The Handbook of Research on the Future of the Maritime Industry presents leaders and managers from maritime and logistics industries, sharing their experiences, new paradigms, practices, and strategies. This book provides practical ideas and strategies to cope with the consequences of the “new normal” in the wake of the global pandemic crisis. Covering topics such as employee rights, occupational safety, and psychological effects, this book is an essential resource for senior executives, leaders and managers, HR professionals, lecturers, business clusters, entrepreneurs, researchers, scholars, academicians, and faculty of higher education.

Download or read book Efficient Asset Management written by Richard O. Michaud and published by Oxford University Press. This book was released on 2008-03-03 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of theoretical benefits, Markowitz mean-variance (MV) optimized portfolios often fail to meet practical investment goals of marketability, usability, and performance, prompting many investors to seek simpler alternatives. Financial experts Richard and Robert Michaud demonstrate that the limitations of MV optimization are not the result of conceptual flaws in Markowitz theory but unrealistic representation of investment information. What is missing is a realistic treatment of estimation error in the optimization and rebalancing process. The text provides a non-technical review of classical Markowitz optimization and traditional objections. The authors demonstrate that in practice the single most important limitation of MV optimization is oversensitivity to estimation error. Portfolio optimization requires a modern statistical perspective. Efficient Asset Management, Second Edition uses Monte Carlo resampling to address information uncertainty and define Resampled Efficiency (RE) technology. RE optimized portfolios represent a new definition of portfolio optimality that is more investment intuitive, robust, and provably investment effective. RE rebalancing provides the first rigorous portfolio trading, monitoring, and asset importance rules, avoiding widespread ad hoc methods in current practice. The Second Edition resolves several open issues and misunderstandings that have emerged since the original edition. The new edition includes new proofs of effectiveness, substantial revisions of statistical estimation, extensive discussion of long-short optimization, and new tools for dealing with estimation error in applications and enhancing computational efficiency. RE optimization is shown to be a Bayesian-based generalization and enhancement of Markowitz's solution. RE technology corrects many current practices that may adversely impact the investment value of trillions of dollars under current asset management. RE optimization technology may also be useful in other financial optimizations and more generally in multivariate estimation contexts of information uncertainty with Bayesian linear constraints. Michaud and Michaud's new book includes numerous additional proposals to enhance investment value including Stein and Bayesian methods for improved input estimation, the use of portfolio priors, and an economic perspective for asset-liability optimization. Applications include investment policy, asset allocation, and equity portfolio optimization. A simple global asset allocation problem illustrates portfolio optimization techniques. A final chapter includes practical advice for avoiding simple portfolio design errors. With its important implications for investment practice, Efficient Asset Management 's highly intuitive yet rigorous approach to defining optimal portfolios will appeal to investment management executives, consultants, brokers, and anyone seeking to stay abreast of current investment technology. Through practical examples and illustrations, Michaud and Michaud update the practice of optimization for modern investment management.

Download or read book ServiceNow for Architects and Project Leaders written by Roy Justus and published by Packt Publishing Ltd. This book was released on 2022-12-01 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gain insight and strategic advice for driving value in your organization with this practical guide that condenses a decade of ServiceNow wisdom into the must-know essentials for impactful deployments Key FeaturesFocus on what to do when shaping and leading a ServiceNow journeyExplore strategies for making your projects impactful and valuableGuidance for leaders at every level to maximize return on their investments in ServiceNowBook Description ServiceNow is the leading enterprise service management platform that enables the effective management of services in a modern enterprise. In this book, you'll learn how to avoid pitfalls that can challenge value realization, where to focus, how to balance tradeoffs, and how to get buy-in for complex decisions. You'll understand the key drivers of value in ServiceNow implementation and how to structure your program for successful delivery. Moving ahead, you'll get practical guidance on the methods and considerations in securely using ServiceNow. You'll also learn how to set up a multi-instance environment including best practices, patterns and alternatives in the use and maintenance of a multi-instance pipeline. Later chapters cover methods and approaches to design processes that deliver optimal ROI. Further, you'll receive tips for designing technical standards, designing for scale, ensuring maintainability, and building a supportable instance. Finally, you'll focus on the innovative possibilities that can be unlocked in a ServiceNow journey which will help you to manage uncertainty and claim the value of being an early adopter. By the end of this book, you'll be prepared to lead or support a ServiceNow implementation with confidence that you're bringing not only a solution but also making an impact in your organization. What you will learnUnderstand the key drivers of value in ServiceNow implementationStructure your ServiceNow programs for successful deliveryDiscover methods and tools for securely using ServiceNowSet up a multi-instance environment with best practices and patternsArchitect and lead the deployment of AI capabilities in ServiceNowBuild innovative experiences using NLU, virtual agents and the Now Experience FrameworkWho this book is for This book is for architects, consultants and project leaders looking to drive value by applying ServiceNow effectively and efficiently. Platform administration or development experience is useful but not necessary to get the most out of this book. However, some familiarity with the modules and features of ServiceNow is expected.

Download or read book AASHTO Transportation Asset Management Guide written by American Association of State Highway and Transportation Officials and published by AASHTO. This book was released on 2011 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aims to encourage transportation agencies to address strategic questions as they confront the task of managing the surface transportation system. Drawn form both national and international knowledge and experience, it provides guidance to State Department of Transportation (DOT) decision makers, as well as county and municipal transportation agencies, to assist them in realizing the most from financial resources now and into the future, preserving highway assets, and providing the service expected by customers. Divided into two parts, Part one focuses on leadership and goal and objective setintg, while Part two is more technically oriented. Appendices include work sheets and case studies.

Download or read book Data Analytics and Artificial Intelligence for Predictive Maintenance in Smart Manufacturing written by Amit Kumar Tyagi and published by CRC Press. This book was released on 2024-10-23 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, in this smart era, data analytics and artificial intelligence (AI) play an important role in predictive maintenance (PdM) within the manufacturing industry. This innovative approach aims to optimize maintenance strategies by predicting when equipment or machinery is likely to fail so that maintenance can be performed just in time to prevent costly breakdowns. This book contains up-to-date information on predictive maintenance and the latest advancements, trends, and tools required to reduce costs and save time for manufacturers and industries. Data Analytics and Artificial Intelligence for Predictive Maintenance in Smart Manufacturing provides an extensive and in-depth exploration of the intersection of data analytics, artificial intelligence, and predictive maintenance in the manufacturing industry and covers fundamental concepts, advanced techniques, case studies, and practical applications. Using a multidisciplinary approach, this book recognizes that predictive maintenance in manufacturing requires collaboration among engineers, data scientists, and business professionals and includes case studies from various manufacturing sectors showcasing successful applications of predictive maintenance. The real-world examples explain the useful benefits and ROI achieved by organizations. The emphasis is on scalability, making it suitable for both small and large manufacturing operations, and readers will learn how to adapt predictive maintenance strategies to different scales and industries. This book presents resources and references to keep readers updated on the latest advancements, tools, and trends, ensuring continuous learning. Serving as a reference guide, this book focuses on the latest advancements, trends, and tools relevant to predictive maintenance and can also serve as an educational resource for students studying manufacturing, data science, or related fields.

Download or read book CMDB Systems written by Dennis Drogseth and published by Morgan Kaufmann. This book was released on 2015-03-22 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: CMDB Systems: Making Change Work in the Age of Cloud and Agile shows you how an integrated database across all areas of an organization's information system can help make organizations more efficient reduce challenges during change management and reduce total cost of ownership (TCO). In addition, this valuable reference provides guidelines that will enable you to avoid the pitfalls that cause CMDB projects to fail and actually shorten the time required to achieve an implementation of a CMDB. Drawing upon extensive experience and using illustrative real world examples, Rick Sturm, Dennis Drogseth and Dan Twing discuss: - Unique insights from extensive industry exposure, research and consulting on the evolution of CMDB/CMS technology and ongoing dialog with the vendor community in terms of current and future CMDB/CMS design and plans - Proven and structured best practices for CMDB deployments - Clear and documented insights into the impacts of cloud computing and other advances on CMDB/CMS futures - Discover unique insights from industry experts who consult on the evolution of CMDB/CMS technology and will show you the steps needed to successfully plan, design and implement CMDB - Covers related use-cases from retail, manufacturing and financial verticals from real-world CMDB deployments - Provides structured best practices for CMDB deployments - Discusses how CMDB adoption can lower total cost of ownership, increase efficiency and optimize the IT enterprise

Download or read book Asset Management Excellence written by John D. Campbell and published by CRC Press. This book was released on 2024-02-09 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the third edition of Asset Management Excellence: Optimizing Equipment Life-Cycle Decisions. This edition acknowledges and introduces the many changes to the Asset Management business while continuing to explain the supporting fundamentals. Since the second edition, there have been many influences of change in asset management, society’s expectations, and supporting technologies. In this edition, the contributors have revisited the content and have updated and added insights and information based on the emerging influences in thinking and the continued evolution of applied technologies since the prior editions. New in the Third Edition: Updates across each of the second edition chapters to align with today’s insights Updates on technologies now available to support Asset Management, including related software packaging, the Internet of Things (IoT), Machine Learning, and Artificial Intelligence Insights on how Information Technology can step up to help an asset-intensive organization compete, drive to operational excellence and automation A chapter on sustainability and the influence Asset Management may have on this higher-focus priority A chapter on change enablement as the process and technology changes impact the various stakeholders of asset-intensive organizations The fundamentals of Asset Management are essential as Asset-intensive organizations look to technologies to help them compete. AI is becoming pervasive but must be confirmed and aligned with the fundamentals. This edition will provoke thought as each organization determines its next steps toward its new challenges in Asset Management.

Download or read book Engineering Asset Management 2011 written by Jay Lee and published by Springer Science & Business Media. This book was released on 2013-07-30 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Sixth World Congress on Engineering Asset Management (WCEAM) held in Cincinnati, OH, USA from October 3-5, 2011 The Proceedings of the WCEAM 2011 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance; Asset data warehousing, data mining and fusion; Asset performance and level-of-service models; Design and lifecycle integrity of physical assets; Deterioration and preservation models for assets; Education and training in asset management; Engineering standards in asset management; Fault diagnosis and prognostics; Financial analysis methods for physical assets; Human dimensions in integrated asset management; Information quality management; Information systems and knowledge management; Intelligent maintenance; Intelligent sensors and devices; Maintenance strategies in asset management; Optimization decisions in asset management; Prognostics & Health Management; Risk management in asset management; Strategic asset management; and Sustainability in asset management.

Download or read book Electronic Supply Network Coordination in Intelligent and Dynamic Environments Modeling and Implementation written by Mahdavi, Iraj and published by IGI Global. This book was released on 2010-10-31 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book presents cutting-edge knowledge on scientific approaches to the management of supply networks in a highly informed global environment with abundant dynamic and uncertain challenges"--Provided by publisher.

Download or read book 14th WCEAM Proceedings written by Adolfo Crespo Márquez and published by Springer Nature. This book was released on 2020-12-02 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers selected peer-reviewed papers from the 14th World Congress on Engineering Asset Management (WCEAM), which was held in Singapore on 28–31 July 2019, as well as papers presented during the 1st WCEAMOnline event which focused on the ramifications of Covid-19 on infrastructure systems. This book covers a wide range of topics in engineering asset management, including: asset management services provisioning; servitization; decision-making; asset management systems; industrial Internet of things; and vulnerability and resilience of infrastructure systems. The breadth and depth of these state-of-the-art, comprehensive proceedings make them an excellent resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students.