Quantitative methods required for implementing PAS 55 or the ISO 55000 series for asset management

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dc.contributor.authorMinnaar, J. R.en_ZA
dc.contributor.authorBasson, W.en_ZA
dc.contributor.authorVlok, P. J.en_ZA
dc.date.accessioned2014-07-07T12:10:44Z
dc.date.available2014-07-07T12:10:44Z
dc.date.issued2013-11
dc.descriptionCITATION: Minnaar, J. R., Basson, W. & Vlok, P. J. 2013. Quantitative methods required for implementing PAS 55 or the ISO 55000 series for asset management. South African Journal of Industrial Engineering, 24(3):98-111, doi:10.7166/24-3-576.
dc.descriptionThe original publication is available at http://sajie.journals.ac.za
dc.description.abstractENGLISH ABSTRACT: Asset management is an important part of any organisation, as it allows them to extract value from their assets. The publicly-available specification for asset management (PAS 55) outlines what a standardised asset management system should consist of. The newly-proposed series of standards from the International Organizations for Standardization (the ISO 55000 series) also aims to provide a standardised framework for an asset management system. Both of these documents, however, only tell organisations what should be done, not how to do it. This article provides an introductory overview of numerical tools that an organisation can use when implementing an asset management system, and provides resources for further reading.en_ZA
dc.description.abstractAFRIKAANSE OPSOMMING: Batebestuur is ‘n belangrike aspek van enige organisasie. Batebestuur laat organisasies toe om waarde uit hul bates te ontgin. PAS 55 (die publieke spesifikasie van die Britse Standaarde Instituut) verskaf ‘n gestandaardiseerde raamwerk vir die implementering van ‘n batebestuurstelsel. Die Internasionale Organisasie vir Standaardisering (ISO) is ook besig om ‘n stel internasionale standaarde te publiseer wat verder poog om batebestuurstelsels te standardiseer. Beide hierdie dokumente beskryf egter slegs wat gedoen moet word, nie hoe dit gedoen moet word nie. Hierdie artikel gee ‘n oorsig van beskikbare numeriese metodes wat organisasies kan gebruik wanneer ‘n batebestuurstelsel geïmplementeer word.af_ZA
dc.description.urihttp://sajie.journals.ac.za/pub/article/view/576
dc.description.versionPublisher's version
dc.format.extent14 pagesen_ZA
dc.identifier.citationMinnaar, J. R., Basson, W. & Vlok, P. J. 2013. Quantitative methods required for implementing PAS 55 or the ISO 55000 series for asset management. South African Journal of Industrial Engineering, 24(3):98-111, doi:10.7166/24-3-576.
dc.identifier.issn2224-7890 (online)
dc.identifier.issn1012-277X (print)
dc.identifier.otherdoi:10.7166/24-3-576
dc.identifier.urihttp://hdl.handle.net/10019.1/91670
dc.language.isoen_ZAen_ZA
dc.publisherSouthern African Institute for Industrial Engineeringen_ZA
dc.rights.holderAuthors retain copyrighten_ZA
dc.subjectAsset managementen_ZA
dc.subjectAsset-liability managementen_ZA
dc.subjectQuantitative methods (Research)
dc.titleQuantitative methods required for implementing PAS 55 or the ISO 55000 series for asset managementen_ZA
dc.typeArticleen_ZA
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