Now showing items 1-3 of 3
Modelling physical asset risk profile using systems thinking augmented by stochastic and probabilistic inferences.
Current quantitative approaches to power asset management risk modelling have focused on financial aspects such as net present value. These approaches can neither determine nor trend the impact of technologies or renewal ...
Application of maintenance tools and strategies in integrated risk management of critical physical assets.
(Inderscience Publishers., 2011)
This paper critically analyses various tools, techniques and strategies; and proposes an ‘integrated risk management model’ that utilises advantages of the best combination of tools, techniques and strategies to manage ...
Asset management optimization through integrated systems thinking and N-1 contingency capability for refurbishment.
(Institute of Electrical and Electronics Engineers., 2011-09)
This paper presents a systems view of refurbishment systems to evaluate root causes of suboptimal refurbishment. Case studies from ten selected South African and Malawian firms from largest electric power utilities, mining, ...