Asset Life Cycle Management concerns the effective management of physical assets over their complete lifetimes, typically lasting decades. Therefore, a large number and a wide variety of challenges and opportunities may need to be dealt with proactively, using limited resources. Therefore, we developed a tool to prioritize these lifetime impacts. The test of the tool showed that by assessing the lifetime impacts on their likelihood, impact and required management effort, a list of the highest priority lifetime impacts can be generated as an input for further discussion, which allows the efficient use of limited resources in Asset Life Cycle Management.
|Title of host publication||Unknown|
|Place of Publication||Trondheim, Norway|
|Publication status||Published - 17 Jun 2016|
|Event||23rd International Annual EurOMA Conference 2016: Interactions - Trondheim, Norway|
Duration: 17 Jun 2016 → 22 Jun 2016
Conference number: 23
|Conference||23rd International Annual EurOMA Conference 2016|
|Period||17/06/16 → 22/06/16|
Ruitenburg, R. J., Braaksma, A. J. J., & van Diepen, T. (2016). Setting priorities for the proactive management of longterm challenges and opportunities in Asset Life Cycle Management. In Unknown (pp. -). Trondheim, Norway.