Presentation
An approach to quantify value provided by an engineered asset according to the ISO 5500x series of standards
Author/s | González-Prida, Vicente
Guillén López, Antonio Jesús Gómez Fernández, Juan Francisco Crespo Márquez, Adolfo Fuente, Antonio de la |
Department | Universidad de Sevilla. Departamento de Organización Industrial y Gestión de Empresas I |
Publication Date | 2017 |
Deposit Date | 2019-03-25 |
Published in |
|
ISBN/ISSN | 978-3-319-95710-4(print), 978-3-319-95711-1(electronic) |
Abstract | The purpose of any asset is to provide value to the organization and its stakeholders. In Asset Management, the concept of value encompasses quantitative and qualitative, as well as tangible and intangible benefits that ... The purpose of any asset is to provide value to the organization and its stakeholders. In Asset Management, the concept of value encompasses quantitative and qualitative, as well as tangible and intangible benefits that assets may provide to an organization. The definitions of asset and value are not only closely linked but also complementary. An “asset” provides the means for the realisation of “value” thus the management of an asset is strategic and has to be linked to an organization’s value norms. This paper extrapolates from the definitions in ISO 5500x series of standards to describe a generic approach for quantifying the value provided by engineered assets deployed by a business organisation. |
Project ID. | 645733 |
Citation | González-Prida, V., Guillén López, A.J., Gómez Fernández, J.F., Crespo Márquez, A. y Fuente, A.d.l. (2017). An approach to quantify value provided by an engineered asset according to the ISO 5500x series of standards. En 12th World Congress on Engineering Asset Management and the 13th International Conference on Vibration Engineering and Technology of Machinery., Brisbane, Australia. |
Files | Size | Format | View | Description |
---|---|---|---|---|
WCEAMVETOMAC2017_32.pdf | 353.9Kb | [PDF] | View/ | |