Effectively communicating asset management to frontline staff can be challenging. One of the largest barriers is providing a bridge...

Condition assessments require judgment. A typical practice is to disaggregate the evaluation of each asset into a handful of attributes...

Most organizations fail to get their asset management programs off the ground or struggle to make them sustainable. Success using...

Eight key elements came to mind as I prepare for an upcoming speaking engagement. Two of my passions, asset management and communicating...

Asset management programs are unique within the larger sphere of management systems. Like all management systems, asset management...

Obsolescence is a driving force behind the decisions to renew or replace assets. However, most asset management programs wait until after...

I take these three tools to every asset management condition assessment I am a part of. Of course, the tools, techniques, and methods of...

Asset managers often go to the field to view their equipment, collect missing asset data, or support condition assessments. We recently...

I love data as a reliability engineer. In fact, I consume data like food – and I have a big appetite. The hardest thing to do is to push...

Are you drowning in the many activities related to what to do in your asset management program? Are you spending valuable resources and...

The Chance of Rain Most people do not understand what the chance of rain means. Some believe it means it will rain "30% of the day,"...

Probability Distributions The probability density function (PDF) is applied to continuous random variables, whereas the probability...

Monte Carlo simulations are the best approach for assessing uncertainty for future infrastructure and facilities funding requirements....

Understanding the total cost of ownership is a fundamental principle of asset management of facilities and infrastructure. However, all...

Hurricane tracking is very good these days, especially in forecasting storm intensity and location two to seven days in advance....

An incredible number of technical professionals believe that effective asset management can only be performed with a meaningful...

The idea of anything worth doing is worth measuring is a persistent one. The persistent problem is that measuring performance becomes...

A common question is whether the Board of Directors should approve the Asset Management Policy. The short answer is yes. The longer...

Asset management for facilities and infrastructure has fallen into the leadership realm of gearheads and data managers. The result is...

Hopefully, you have already determined the purpose of the condition assessment, developed a subsystem-asset approach based on...