Tag Archives: risk
Criticality
Whilst risk management has been around since the 1990s and found its way into asset management through the concept of ‘criticality’, there is little consistency in its application. This paper provides a basis for development and discussion: Criticality For more … Continue reading
The Requirements of PAS 55
PAS 55 is the specification for asset management systems in the UK; written by the Institute of Asset Management and published by the British Standards Institute it has an international reputation as the ‘gold standard’. Not everyone shares the IAM’s … Continue reading
Disaster Planning and Asset Management
The factors which are common to all kinds of disaster involve: the risk (what is the likelihood of an occurrence); the consequences (what happens due to an occurrence) and mitigation (what measures are appropriate to minimise the effects of an … Continue reading
Felix Schrodinger's Blog 