AHMED ELSHERIF
“Effective asset management” is a critical for organizations seeking to optimize their maintenance and reliability strategies, reduce downtime, and improve overall efficiency. A comprehensive approach to asset management, focusing on six key practices that promote a holistic approach to asset maintenance and reliability. These practices include asset value realization, design to disposal, balancing asset aging and maintenance budget, reliability distribution tracking, proactive asset risk mitigation and control, and RCM (Reliability-Centered Maintenance) maximizing value realization.