Water Asset Management International 1.4 (2005) 9-11

Have asset management models compromised effective asset maintenance?

Mike Levery

MCL Consultancy Ltd
UK

Different asset management philosophies and models were developed in the 1990s. But the basic approach to their application has been the same in different market sectors. This approach may provide a long-term focus for managing assets. However, it often fails to recognise the crucial relationship between capital investment associated with maintenance on the one hand, and operational maintenance costs on the other. This paper asks:

• How should maintenance be dealt with as part of an asset management model?
• What is the relationship between operating costs and capital investment that maximises financial benefits whilst optimising asset performance?

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