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A Maturity Model for Improved Enterprise Asset Management

Verheijen, B.J. (2023) A Maturity Model for Improved Enterprise Asset Management.

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Abstract:Maturity Models (MM), over the years, have become an invaluable tool for businesses to systematically assess and document their maturity in specific domains. A Maturity Model is a model which assesses the maturity of a domain by evaluating it for various dimensions, based on a multitude of maturity levels. MM assessments can hereby help ease decision-making and effectively guide, as well as monitor, an organisation's progress towards an improved or fully mature state. An area for which such a maturity assessment and roadmap towards improvement can be especially beneficial is Enterprise Asset Management (EAM). EAM systems are concerned with all coordinated processes of an organisation that enable and ensure the cost-effective monitoring, management and optimisation of asset performance throughout the entire asset life-cycle. The larger and more asset-intensive an organisation becomes, the more crucial and beneficial it is to have an effective EAM approach in place. The goal of this thesis is to help large-scale, asset-intensive organisations take a holistic view of their EAM processes and their respective performance and ease the decision-making towards improved EAM practices. The creation of a MM which is theory-backed and in-practice evaluated is chosen to achieve this goal.
Item Type:Essay (Master)
Clients:
Pernino Consulting, 's-Hertogenbosch, Nederland
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:https://purl.utwente.nl/essays/95574
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