Mitigating delays in the operations of a business entity when converting to the ISO 55000 standard

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dc.contributor.authorBotha, Louis Jonaen_ZA
dc.contributor.authorVlok, P. J.en_ZA
dc.date.accessioned2017-12-01T07:52:51Z
dc.date.available2017-12-01T07:52:51Z
dc.date.issued2014
dc.descriptionCITATION: Botha, Louis J. & Vlok, P. J. 2014. Mitigating delays in the operations of a business entity when converting to the ISO 55000 standard. In SAIIE26 Proceedings, 14–16 July 2014, Muldersdrift, South Africa.
dc.descriptionThe original publication is available at http://conferences.sun.ac.za/index.php/saiie
dc.description.abstractENGLISH ABSTRACT: Existing business entities often employ their own operational procedures and guidelines regarding asset management. However, converting to the ISO 5500X standards can adversely affect the operational performance of these business entities. Most of these pre-existing asset management systems possess some degree of operational inertia. This operational inertia can lead to delays when change is introduced. These delays could also discourage further adoption of the ISO 5500X standards. This study sets out to describe a method that identifies sources of substantial delays within an asset management system, specifically those originating from converting to the ISO 5500X standards. The identification of these sources is achieved through the use of mathematical modelling methods. The aforementioned information can lead to appropriate planning prior to the conversion to the ISO 5500X standards. If potential delays are identified, they can be pre-emptively mitigated with said plan, thus ensuring minimal reduction in operational performance.en_ZA
dc.description.abstractAFRIKAANSE OPSOMMING: Geen opsomming beskikbaaraf_ZA
dc.description.urihttp://conferences.sun.ac.za/index.php/saiie/SAIIE26/paper/view/1232
dc.description.versionPublisher's version
dc.format.extent14 pagesen_ZA
dc.identifier.citationBotha, Louis J. & Vlok, P. J. 2014. Mitigating delays in the operations of a business entity when converting to the ISO 55000 standard. In SAIIE26 Proceedings, 14–16 July 2014, Muldersdrift, South Africa
dc.identifier.urihttp://hdl.handle.net/10019.1/102526
dc.language.isoen_ZAen_ZA
dc.publisherSouth African Institute for Industrial Engineering
dc.rights.holderAuthors retain copyright
dc.subjectBusiness entitiesen_ZA
dc.subjectCurrent assetsen_ZA
dc.subjectCorporate managementen_ZA
dc.subjectQuality assuranceen_ZA
dc.subjectQuality control -- Standardsen_ZA
dc.titleMitigating delays in the operations of a business entity when converting to the ISO 55000 standarden_ZA
dc.typeConference Paperen_ZA
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