The concept of design goes far deeper than face value. As Steve Jobs once said, “Design is not just what it looks like and feels like. Design is how it works”. While it’s important that asset management systems are designed to meet financial and technical design requirements, it is vital that they are also designed to be easy to use and easy to maintain.
The majority of organisations approach the management of their assets in a reactive, ad-hoc manner, responding to market conditions as and when they happen. Effective asset management should be a strategic and proactive process, designed to create optimal value for the end user.
The core elements of a well-designed Asset Management System (AMS) are performance, reliability, maintainability and operability.Continue reading