scholarly journals Contingency Factors Influencing Implementation of Physical Asset Management Practices

Organizacija ◽  
2017 ◽  
Vol 50 (1) ◽  
pp. 3-16 ◽  
Author(s):  
Damjan Maletič ◽  
Matjaž Maletič ◽  
Basim Al-Najjar ◽  
Katerina Gotzamani ◽  
Maria Gianni ◽  
...  
Keyword(s):  
Asset Management ◽  
Large Scale ◽  
Management Practices ◽  
Theoretical Perspective ◽  
Life Cycle Management ◽  
Assessment Practices ◽  
Data Set ◽  
Physical Asset ◽  
High Level

Abstract Purpose: The purpose of this empirical study is to examine the role of two contingency factors, i.e. uncertainty and competitiveness in relation to physical asset management (PAM) practices as well as to maintenance key performance indicators. The research is based on a premise that PAM, which was defined by risk management practices, performance assessment practices, life cycle management practices, and policy & strategy practices, has become an indispensable element of strategic thinking of asset owners as well as maintenance and asset managers. The purpose of this study is to advance the understanding of how organizations that face high or low level of uncertainty and competitiveness respond in terms of PAM deployment. Methodology/Approach: This study employed a data set based on a large-scale survey among organizations in six European countries (i.e. Slovenia, Poland, Greece, Sweden, Turkey and Slovakia). Data were collected from 138 organizations located in the above-mentioned countries to conduct the study. Findings: The results show that organizations that are faced with high level of uncertainty and competitiveness are more engaged in the deployment of PAM practices. Moreover, results show that when organizations are facing high levels of competitiveness they are using KPIs to a greater extent than organizations under low levels of competitiveness. Originality/value: From a theoretical perspective, this study contributes to the contingency theory by providing empirical evidence whether a context-dependent approach to PAM is needed. The findings also provide insights for managers on how to respond to the competitive pressure as well as how to customize PAM practices in order to adapt to the changes in dynamic organizational environment.

Career Plateau and Turnover Intention in Chinese Employees: Career Anchor as Moderator

2015 ◽  
Vol 43 (5) ◽  
pp. 757-766 ◽  
Author(s):  
Yueran Wen ◽  
Liu Liu
Keyword(s):  
Turnover Intention ◽  
Positive Relationship ◽  
Management Practices ◽  
Career Anchor ◽  
Career Plateau ◽  
Strong Positive Relationship ◽  
High Level ◽  
The Relationship ◽  
Moderating Role

Based on a survey of 147 Chinese employees, we examined the relationship between perceived career plateau and turnover intention, and the moderating role of career anchor in challenge in this process. We hypothesized that perceived career plateau would be positively related to turnover intention, and that this relationship would be stronger in employees with a higher level of career anchor in challenge than in those with a lower level. The results showed that perceived career plateau had a strong positive relationship with turnover intention, especially in employees with a high level of career anchor in challenge. These findings have implications for research in career development and turnover intention, as well as in management practices.

scholarly journals Symbiosis of life-cycle structural design and asset management based on Building Information Modeling: Application for industrial facility equipment

2020 ◽  
Vol 12 (1) ◽  
pp. 2170-2180
Author(s):  
Lisa Lenz ◽  
Kai Christian Weist ◽  
Marvin Hoepfner ◽  
Panagiotis Spyridis ◽  
Mike Gralla
Keyword(s):  
Life Cycle ◽  
Asset Management ◽  
Large Scale ◽  
Fatigue Loading ◽  
Life Cycle Management ◽  
Information Modeling ◽  
Cycle Performance ◽  
Industrial Facilities ◽  
Building Information ◽  
Time Dependencies

AbstractIn the last few years, particular focus has been devoted to the life cycle performance of fastening systems, which is reflected in increasing numbers of publications, standards and large-scale research efforts. Simultaneously, experience shows that in many cases, where fastening systems are implemented – such as industrial facilities – the design of fasteners is governed by fatigue loading under dynamic characteristics. In order to perform an adequate design and to specify the most efficient and appropriate fastening product, the engineer needs to access and process a broad range of technical and commercial information. Building information modelling (BIM), as a data management method in the construction industry, can supply such information and accommodate a comprehensive design and specification process. Furthermore, the application of BIM-based processes, such as the generation of a BIM-model, allows to use the important information for the construction as well as the life cycle management with different actions and time dependencies of the asset and its components. As a consequence, the BIM model offers the potential to correlate different data relevant for achieving the goals of the respective application, in order to ensure a more effective and correct design of the fastening. This paper demonstrates such a BIM-based design framework for an Industry 4.0 case, and in particular, the installation of a factory robot through post-installed anchors under fatigue-relevant loading in concrete.

Risk Management Decisions and Organizational Structure in the Case of a Development Management Firm

2013 ◽  
pp. 181-202
Author(s):  
Mohammad Baydoun
Keyword(s):  
Risk Management ◽  
Saudi Arabia ◽  
Organizational Structure ◽  
Large Scale ◽  
Management Practices ◽  
Decision Makers ◽  
Management Approach ◽  
Development Projects ◽  
High Level ◽  
Large Scale Project

This case aims to analyze risk management practices of Millennium Development International (MDI) and suggest enhancements based on a theoretical framework derived from the literature while considering the implications to its organizational structure. Al-Shamiyah project in Makkah, Saudi Arabia, is used as an example to illustrate the practices of MDI. Due to a high level of risk associated with large-scale development projects, it is argued that the traditional risk management approach is not convenient to the context of these projects. Each large-scale project has a high level of uniqueness that renders benchmarks generated out of previous projects obsolete. Hence, a reactive risk management approach is being promoted. For the purpose of optimizing this approach, engaging necessary experts and securing the presence of key decision makers in the process, the formulated system defines key milestones at which risks need to be assessed and proper decisions need to be taken.

Risk Management Decisions and Organizational Structure in the Case of a Development Management Firm

2016 ◽  
pp. 1220-1237 ◽  
Author(s):  
Mohammad Baydoun
Keyword(s):  
Risk Management ◽  
Saudi Arabia ◽  
Organizational Structure ◽  
Large Scale ◽  
Management Practices ◽  
Decision Makers ◽  
Management Approach ◽  
Development Projects ◽  
High Level ◽  
Large Scale Project

This case aims to analyze risk management practices of Millennium Development International (MDI) and suggest enhancements based on a theoretical framework derived from the literature while considering the implications to its organizational structure. Al-Shamiyah project in Makkah, Saudi Arabia, is used as an example to illustrate the practices of MDI. Due to a high level of risk associated with large-scale development projects, it is argued that the traditional risk management approach is not convenient to the context of these projects. Each large-scale project has a high level of uniqueness that renders benchmarks generated out of previous projects obsolete. Hence, a reactive risk management approach is being promoted. For the purpose of optimizing this approach, engaging necessary experts and securing the presence of key decision makers in the process, the formulated system defines key milestones at which risks need to be assessed and proper decisions need to be taken.

Comment on “Long-term decline of sugar maple following forest harvest, Hubbard Brook Experimental Forest, New Hampshire”

2019 ◽  
Vol 49 (7) ◽  
pp. 861-862
Author(s):  
Scott W. Bailey ◽  
Robert P. Long ◽  
Stephen B. Horsley
Keyword(s):  
New England ◽  
Acer Saccharum ◽  
Sugar Maple ◽  
Management Practices ◽  
Hubbard Brook Experimental Forest ◽  
Data Set ◽  
Hubbard Brook ◽  
Whole Tree

Cleavitt et al. (2018, Can. J. For. Res. 48(1): 23–31, doi: 10.1139/cjfr-2017-0233 ) report a lack of sugar maple (Acer saccharum Marsh.) regeneration in Hubbard Brook Experimental Forest (HBEF), Watershed 5 (W5), following whole-tree clearcut harvesting and purport that harvesting-induced soil calcium depletion contributed to regeneration failure of this species. In New England, clearcutting is a silvicultural strategy used to promote less tolerant species, especially birch (Betula spp.; Marquis (1969), Birch Symposium Proceedings, USDA Forest Service; Leak et al. (2014), doi: 10.2737/NRS-GTR-132 ), which is just the outcome that the authors report. While this study reports an impressive, long-term data set, given broad interest in sugar maple and sustainability of forest management practices, we feel that it is critical to more fully explore the role of nutrition on sugar maple dynamics, both prior to and during the experiment, and to more fully review the scientific record on the role of whole-tree clearcutting in nutrient-induced sugar maple dynamics.

Investigating sponsor decision-making: the role of schema theory, agency conflicts, and signaling theory in the persistence of naming rights agreements

2020 ◽  
Vol 21 (3) ◽  
pp. 467-486 ◽  
Author(s):  
Jonathan A. Jensen ◽  
David Head ◽  
Christopher Mergy
Keyword(s):  
Decision Making ◽  
Schema Theory ◽  
Agency Conflicts ◽  
Data Set ◽  
Content Type ◽  
Naming Rights ◽  
High Level ◽  
Sport Facilities

PurposeNaming rights sponsorships of sport facilities are among the most highly visible marketing agreements in the world. However, factors that may lead one sponsorship to persist for decades, while others end after just a few years, have yet to be investigated. Thus, this study examines the decision-making of brand marketers by investigating the predictors of a sponsoring brand's decision to either continue or dissolve such agreements.Design/methodology/approachUtilizing a global data set of 219 naming rights agreements, an empirical approach is utilized to isolate whether a variety of factors increase or decrease the probability of sponsorship dissolution.FindingsResults indicate that agreements entered into with new, as of yet-unnamed facilities lead to a reduction in the probability of dissolution, with a high level of brand equity also reducing the probability of dissolution. Agency conflicts may also play a role, as the sponsoring firm being headquartered in the same metropolitan area as the facility also contributes to the persistence of such agreements.Originality/valueThese results are intended to assist both sides of what is ideally a long-term relationship in better understanding the factors that may either contribute to or inhibit longer-term partnerships.

scholarly journals Evaluation of eight formulas for LDL-C estimation in Iranian subjects with different metabolic health statuses

2019 ◽  
Vol 18 (1) ◽  
Author(s):  
Azam Karkhaneh ◽  
Molood Bagherieh ◽  
Solmaz Sadeghi ◽  
Asma Kheirollahi
Keyword(s):  
Low Density Lipoprotein ◽  
Density Lipoprotein ◽  
Iranian Population ◽  
Lipoprotein Cholesterol ◽  
Data Set ◽  
Insignificant Difference ◽  
Homogeneous Assay ◽  
The Difference ◽  
High Level

Abstract Background Considering the crucial role of low-density lipoprotein-cholesterol (LDL-C) concentration in determining cardiovascular risk, the accuracy of LDL-C estimation is essential. To date, various types of formulae have been introduced, albeit their accuracy has not been assessed in varied populations. In this study, the accuracy of eight formulae for LDL-C estimation was evaluated in an Iranian population. Methods A data set of 2752 individuals was included in the study and all samples were analyzed in term of lipid profiles using direct homogeneous assay. The population was divided into various subgroups based on the triglyceride (TG), high-density lipoprotein- cholesterol (HDL-C), total cholesterol (TC), fasting blood sugar (FBS) and age values and estimated LDL-C values by Friedewald, Chen, de Cordova, Vujovic, Anandaraja, Hattori, Ahmadi, and Puavillai equations were compared to the directly measured LDL-C in each subgroup. Results Estimated LDL-C values by Puavillai formulae showed an insignificant difference compared to the directly measured LDL-C in subjects with high level of TG. However, for TG range < 3.38 mmol/L and high levels of HDL-C, the difference between the means of estimated LDL-C by Hattori and de Cordova formulas, and directly measured LDL-C was relatively lower than other equations. In addition, estimated LDL-C by Hattori and de Cordova formulae had insignificant differences as compared to the direct LDL-C at some levels of cholesterol, the normal level of FBS and some age ranges. Conclusions Therefore, it seems that Hattori and de Cordova formulas can be considered as the best alternatives for LDL-C direct measurement in the Iranian population, especially for healthy subjects.

scholarly journals Development of the Availability Concept by Using Fuzzy Theory with AHP Correction, a Case Study: Bulldozers in the Open-Pit Lignite Mine

Energies ◽  
2019 ◽  
Vol 12 (21) ◽  
pp. 4044 ◽  
Author(s):  
Stevan Djenadic ◽  
Dragan Ignjatovic ◽  
Milos Tanasijevic ◽  
Ugljesa Bugaric ◽  
Ivan Jankovic ◽  
...  
Keyword(s):  
Asset Management ◽  
Fuzzy Theory ◽  
Life Cycle Management ◽  
Open Pit ◽  
Engineering System ◽  
Analytic Hierarchy ◽  
Lignite Mine ◽  
It Support ◽  
High Level

Availability is one of the most used terms in maintainability engineering. This concept is used to denote: The quality of service of an engineering system, i.e., machines, weak points’ analysis, asset management, as well as making decisions in the process of life cycle management. Availability is an overall indicator and contains partial indicators that are oriented towards reliability, maintenance, and logistical support. Availability presents a variable value and changes in time and space. Usually, availability is shown as the coefficient of time use of the machine. This approach is not good enough because it does not go into the structure of the availability itself and requires a high level of IT support in system monitoring. In this sense, this paper will use the fuzzy theory and the corresponding analytic hierarchy process (AHP) multi-criteria analysis to present a conceptual and mathematical model for the assessment of availability based on expert judgment. The model will be shown in the case study (on the example) of bulldozers working in the open-pit lignite mine.

Military profile rises but coup is unlikely in Brazil

2018 ◽  
Keyword(s):  
Large Scale ◽  
Armed Forces ◽  
Military Coup ◽  
Content Type ◽  
Political Role ◽  
Military Members ◽  
Senior Officers ◽  
High Level ◽  
The Military

Subject The political role of the armed forces. Significance The armed forces have recently assumed an unusually high political profile. The current government has appointed generals to high-level positions and ordered a large-scale intervention led by the army in Rio de Janeiro state security institutions. These measures, many of them unprecedented, are an attempt by President Michel Temer to boost his popularity as a ‘tough-on-crime’ leader. The armed forces are one of the few public institutions enjoying high levels of trust among Brazilians. Impacts Despite recent protest calls for a military coup, support for such a move is restricted to a radical minority. Resistance against further reliance on the military for domestic law enforcement will rise, including among senior officers. Bolsonaro will focus his message on crime, promising to bring more military members into his cabinet, including the Education Ministry.

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