WorldWideScience

Sample records for asset management system

  1. System development and asset management under restructuring

    International Nuclear Information System (INIS)

    In many developed countries the electricity infrastructure contains ageing assets. Because of the need of a continuing operation and higher load factors on the network, the opportunities for replacement or refurbishment are limited. These must be regarded as an opportunity to review the structure of the system and to consider the design and development required to meet the new requirements, taking advantage of new available technologies: HVDC, FACTS, cables, etc. The symposium examines assets management issues and assesses strategies for overhauling existing systems, taking into account the impact on market operation, on supply security and environment

  2. Assessing Your Assets: Systems for Tracking and Managing IT Assets Can Save Time and Dollars

    Science.gov (United States)

    Holub, Patricia A.

    2007-01-01

    The average school district loses more than $80,000 per year because of lost or damaged IT assets, according to a QED survey cosponsored by Follett Software Company. And many districts--59 percent--still use manual systems to track assets. Enter asset management systems. Software for managing assets, when implemented properly, can save time,…

  3. Computer Based Asset Management System For Commercial Banks

    OpenAIRE

    Amanze; Bethran Chibuike

    2015-01-01

    ABSTRACT The Computer-based Asset Management System is a web-based system. It allows commercial banks to keep track of their assets. The most advantages of this system are the effective management of asset by keeping records of the asset and retrieval of information. In this research I gather the information to define the requirements of the new application and look at factors how commercial banks managed their asset.

  4. Dynamic Scenario Modelling in Electricity Distribution System Asset Management

    OpenAIRE

    Palola, Jussi

    2014-01-01

    The life of individuals, societal welfare and global economics are deeply interconnected with power systems in a multidimensional manner. A change in one entity affects the whole system. This thesis is a research journey from electrical distribution systems to global economics, and finally to power transformer unit asset management. The objective is to investigate dynamic scenario modelling in power system asset management and apply it to a distribution system operator’s power transformer fle...

  5. 75 FR 43197 - Public Housing Assessment System (PHAS): Asset Management Transition Year 2 Extension

    Science.gov (United States)

    2010-07-23

    ... notice, Public Housing Assessment System (PHAS): Asset Management Transition Year 2 Information (75 FR... Register notice (FR-5227- N-01), ``Public Housing Assessment System (PHAS): Asset Management Transition... URBAN DEVELOPMENT Public Housing Assessment System (PHAS): Asset Management Transition Year 2...

  6. Managing the growing complexity in information system implementation projects - Case study of Maximo asset management system

    OpenAIRE

    Holmborg, Markus

    2013-01-01

    Objectives of the Study The main objective in this study is to answer to the two main research questions: what factors cause complexity in Maximo asset management system implementation projects, and how the complexity in Maximo implementation projects can be effectively managed. The purpose of this study is also to give an overview of enterprise asset management field and the Maximo asset management system. In the empirical part it is also briefly discussed how the complexity varies betwe...

  7. Face Recognition for Annotation in Media Asset Management Systems

    OpenAIRE

    Gröhn, Sebastian

    2013-01-01

    The goal of this thesis was to evaluate alternatives to the Wawo face recognition (fr) library, used by the company CodeMill AB in an application for video-based fr, implemented as a plugin to the media asset management system Vidispine. The aim was to improve the fr performance of the application, and the report tried to compare the performance of recent versions of Open Source Biometrics Recognition (OpenBR) and Open Source Computer Vision (OpenCV ) to Wawo.For comparison of the fr systems,...

  8. China's Reform of State-owned Assets Management System IS Producing Notable Results

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    @@ The 16th Party Congress in November 2002 identified the reform of state-owned assets management system as a very important task of the deepened economic reform. It marked a new stage at which China promoted SOE (State-owned Enterprise) reform and development by deepening the state-owned assets management system reform. Over the past two years, the reform of state-owned assets management system has made important progress, the SOE reform has been deepened continuously,and the strategic adjustment to the layout and structure of state economy has made new steps forward. The reform of state-owned assets management system has started to produce notable results.

  9. Research and design on system of asset management based on RFID

    Science.gov (United States)

    Guan, Peng; Du, HuaiChang; Jing, Hua; Zhang, MengYue; Zhang, Meng; Xu, GuiXian

    2011-10-01

    By analyzing the problems in the current assets management, this thesis proposing RFID technology will be applied to asset management in order to improve the management level of automation and information. This paper designed the equipment identification based on 433MHz RFID tag and reader which was deeply studied on the basis of RFID tag and card reader circuits, and this paper also illustrates the system of asset management. The RS232 converts Ethernet is a innovative technology to transfer data to PC monitor software, and implement system of asset management based on WEB techniques (PHP and MySQL).

  10. Asset management for infrastructure systems energy and water

    CERN Document Server

    Balzer, Gerd

    2015-01-01

    The book offers a broad overview of asset management processes for different utilities, with a special emphasis on energy and water. It provides readers with important practical considerations concerning the development of new competitive structures and procedures for guaranteeing a sufficient supply of energy and water in a regulated environment, using clearly defined technical and economic cornerstones. On the one hand asset owners expect suitable interests from their investment and business growth; on the other hand regulators focus more on a reliable and cost-effective customer supply. Thi

  11. INFORMATION SECURITY OF THE ACCOUNTING OF ASSETS AT CERTIFICATION OF MANAGEMENT SYSTEMS

    OpenAIRE

    Miroshnichenko M. A.; Miroshnichenko A. A.; Maximova O. V.

    2015-01-01

    Process of a choice for the organization of assets at design of information security management system is presented in article. There is the way in article how to design, introduce and certify information security management system at various requirements

  12. 75 FR 1632 - Public Housing Assessment System (PHAS): Asset Management Transition Year 2 Information

    Science.gov (United States)

    2010-01-12

    ... Register notice FR-5227- N-01, Public Housing Assessment System (PHAS): Asset Management Transition Year... URBAN DEVELOPMENT Public Housing Assessment System (PHAS): Asset Management Transition Year 2..., 1998 (63 FR 46596). Prior to 1998, PHAs were evaluated by HUD under the Public Housing...

  13. On-Orbit Asset Management System, September 1995. Final report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-10-10

    Declining budgets have prompted the need to decrease launch cost, increase satellite lifetime, and accomplish more with each satellite. This study evaluates an OOAMS system for its ability to lengthen lifetime of on-orbit assets, decrease the number of satellites required to perform a mission, increase responsiveness, and provide increased mission capability/tactical advantage. Lifetime analysis suggest that the larger satellite systems (NASA and military communication systems, surveillance satellites and earth observing satellites) would benefit most from a nuclear bimodal OOAMS. Evaluation of satellite constellations indicate that a modest reduction in the number of satellites could be realized using OOAMS if the thermal restart capability was at least ten. An OOAMS could improve the responsiveness (launching of new assets) using on-orbit reconstitution of assets. A top level utility assessment was done to address system cost issues relating to funding profiles, first unit cost, and break-even analysis. From mission capture and orbital lifetime criteria, the recommended minimum orbital altitude is 900 km. The on-orbit thermal restart capability should be increased from five to ten. Analysis of total impulse vs propellant consumed for selected missions suggests that total impulse be increased from 40 million to 48 million Newton-seconds.

  14. Rule-Based Analytic Asset Management for Space Exploration Systems (RAMSES) Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Payload Systems Inc. (PSI) and the Massachusetts Institute of Technology (MIT) were selected to jointly develop the Rule-based Analytic Asset Management for Space...

  15. Model of managing pension assets of the defined contribution mandatory state pension system

    OpenAIRE

    Rudensky Roman A.

    2014-01-01

    Introduction of the defined contribution mandatory state pension system in Ukraine actualises the issue of efficient management of its pension assets. The goals of the article are development of theoretical and methodical provisions and development of the economic and mathematical model of management of pension assets of the defined contribution pension system on the basis of the fuzzy set approach. The necessity to refer to the theory of fuzzy sets when modelling this process is caused by, f...

  16. Decision-Oriented Project Ranking for Asset Management System: Rail Net Denmark

    DEFF Research Database (Denmark)

    Salling, Kim Bang; Moshøj, Claus Rehfeld; Timm, Henrik;

    2007-01-01

    is to apply a modified project ranking methodology: Asset Management System Priority Module (AMS-PM), which is a practical tool for assessing and ranking various project proposals in a straightforward manner. The methodology is set-out by a multi-criteria approach where weights are applied ultimately......The Danish rail net operator, Rail Net Denmark, has through the past years built up an Asset Management system, containing a certain percentile of all the company’s assets. This paper contains an elaborate overview on how to strengthen the system seen from a decision-support perspective. The focus...... resulting in priority indices for the state-of-repair data. This paper is disposed as follows; firstly, a description of the Asset Management system is set-up including an overview of the state-of-repair data and the case study. Secondly, is the AMS-PM software model implemented through an exploratory case...

  17. Management of Intangible Assets

    OpenAIRE

    Ioan BIRCEA; Noemi Iuliana BIRCEA

    2011-01-01

    In a society marked by economic crisis, creating value and market competition becomes a heady company need. According to recent studies, in competitive companies, the highest share in the assets is hold by the value of intangible assets. Consequently, this involves the identification, measurement, management and efficient development of these inputs (knowledge, information, intellectual property, skilled labor, etc.). It is noted that, in the case of companies that have established management...

  18. 2014 World Congress on Engineering Asset Management

    CERN Document Server

    Hoohlo, Changela; Mathew, Joe

    2015-01-01

    Engineering asset management encompasses all types of engineered assets including built environment, infrastructure, plant, equipment, hardware systems and components. Following the release of ISO 5500x set of standards, the 9th WCEAM addresses the hugely important issue of what constitutes the body of knowledge in Engineering Asset Management. Topics discussed by Congress delegates are grouped into a number of tracks including strategies for investment and divestment of assets, operations and maintenance of assets, assessments of assets condition, risk and vulnerability, technologies and systems for management of asset, standards, education, training and certification. These proceedings include a sample of the wide range of topics presented during the 9th World Congress on Engineering Asset Management in Pretoria South Africa 28 – 31 October, 2014 and complements other emerging publications and standards that embrace the wide ranging issues concerning the management of engineered physical assets.

  19. Steam generator asset management: integrating technology and asset management

    International Nuclear Information System (INIS)

    Asset Management is an established but often misunderstood discipline that is gaining momentum within the nuclear generation industry. The global impetus behind the movement toward asset management is sustainability. The discipline of asset management is based upon three fundamental aspects; key performance indicators (KPI), activity-based cost accounting, and cost benefits/risk analysis. The technology associated with these three aspects is fairly well-developed, in all but the most critical area; cost benefits/risk analysis. There are software programs that calculate, trend, and display key-performance indicators to ensure high-level visibility. Activity-based costing is a little more difficult; requiring a consensus on the definition of what comprises an activity and then adjusting cost accounting systems to track. In the United States, the Nuclear Energy Institute's Standard Nuclear Process Model (SNPM) serves as the basis for activity-based costing. As a result, the software industry has quickly adapted to develop tracking systems that include the SNPM structure. Both the KPI's and the activity-based cost accounting feed the cost benefits/risk analysis to allow for continuous improvement and task optimization; the goal of asset management. In the case where the benefits and risks are clearly understood and defined, there has been much progress in applying technology for continuous improvement. Within the nuclear generation industry, more specialized and unique software systems have been developed for active components, such as pumps and motors. Active components lend themselves well to the application of asset management techniques because failure rates can be established, which serves as the basis to quantify risk in the cost-benefits/risk analysis. A key issue with respect to asset management technologies is only now being understood and addressed, that is how to manage passive components. Passive components, such as nuclear steam generators, reactor vessels

  20. INFORMATION SECURITY OF THE ACCOUNTING OF ASSETS AT CERTIFICATION OF MANAGEMENT SYSTEMS

    Directory of Open Access Journals (Sweden)

    Miroshnichenko M. A.

    2015-09-01

    Full Text Available Process of a choice for the organization of assets at design of information security management system is presented in article. There is the way in article how to design, introduce and certify information security management system at various requirements

  1. Application of Q-Measure in a Real Time Fuzzy System for Managing Financial Assets

    Directory of Open Access Journals (Sweden)

    Penka Georgieva

    2012-12-01

    Full Text Available One of the major problems that a financial manager faces is the enormous amount of financial data. Thereis a variety of software systems used to support the process of investment decision making. In this paper, asoftware system for financial asset management is presented. The system is based on fuzzy logic, operatesin real time and differs from existing systems for portfolio management in five key aspects. The system istested on real data from Bulgarian Stock Exchange

  2. Engineering Asset Management and Infrastructure Sustainability : Proceedings of the 5th World Congress on Engineering Asset Management

    CERN Document Server

    Ma, Lin; Tan, Andy; Weijnen, Margot; Lee, Jay

    2012-01-01

    Engineering Asset Management 2010 represents state-of-the art trends and developments in the emerging field of engineering asset management as presented at the Fifth World Congress on Engineering Asset Management (WCEAM). The proceedings of the WCEAM 2010 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance Asset data warehousing, data mining and fusion Asset performance and level-of-service models Design and life-cycle integrity of physical assets Education and training in asset management Engineering standards in asset management Fault diagnosis and prognostics Financial analysis methods for physical assets Human dimensions in integrated asset management Information quality management Information systems and knowledge management Intelligent sensors and devices Maintenance strategies in asset management Optimisation decisions in asset management Risk management ...

  3. Asset management techniques for transformers

    International Nuclear Information System (INIS)

    In a deregulated/reformed environment, the electric utilities are under constant pressure for reducing operating costs, enhancing the reliability of transmission and distribution equipments, and improving quality of power and services to the customer. Moreover, the risk involved in running the system without proper attention to assets integrity in service is quite high. Additionally, the probability of losing any equipment vital to the transmission and distribution system, such as power and distribution transformers, is increasing especially with the aging of power system's assets. Today the focus of operating the power system is changed and efforts are being directed to explore new approaches/techniques of monitoring, diagnosis, condition evaluation, maintenance, life assessment, and possibility of extending the life of existing assets. In this paper, a comprehensive illustration of the transformer asset management activities is presented. The importance of each activity together with the latest researches done in the area is highlighted. (author)

  4. IoT-based Asset Management System for Healthcare-related Industries

    Directory of Open Access Journals (Sweden)

    Lee Carman Ka Man

    2015-11-01

    Full Text Available The healthcare industry has been focusing efforts on optimizing inventory management procedures through the incorporation of Information and Communication Technology, in the form of tracking devices and data mining, to establish ideal inventory models. In this paper, a roadmap is developed towards a technological assessment of the Internet of Things (IoT in the healthcare industry, 2010–2020. According to the roadmap, an IoT-based healthcare asset management system (IoT-HAMS is proposed and developed based on Artificial Neural Network (ANN and Fuzzy Logic (FL, incorporating IoT technologies for asset management to optimize the supply of resources.

  5. Model of managing pension assets of the defined contribution mandatory state pension system

    Directory of Open Access Journals (Sweden)

    Rudensky Roman A.

    2014-01-01

    Full Text Available Introduction of the defined contribution mandatory state pension system in Ukraine actualises the issue of efficient management of its pension assets. The goals of the article are development of theoretical and methodical provisions and development of the economic and mathematical model of management of pension assets of the defined contribution pension system on the basis of the fuzzy set approach. The necessity to refer to the theory of fuzzy sets when modelling this process is caused by, firstly, absence of rather complete consistent “a priori” information, secondly, uncertainty of flows of insurance contributions and pension payments and, thirdly, significant influence of the instable market environment upon investment processes. The proposed fuzzy set economic and mathematical model of the task of optimal management of pension assets of the defined contribution system is a target function of minimisation of the investment risk as the risk of insufficiency of net pension assets and system of restrictions that reflect restriction of the investment activity with pension assets of the defined contribution pension system, determined by the current pension legislation.

  6. IoT-based Asset Management System for Healthcare-related Industries

    OpenAIRE

    Lee Carman Ka Man; Cheng Mei Na; Ng Chun Kit

    2015-01-01

    The healthcare industry has been focusing efforts on optimizing inventory management procedures through the incorporation of Information and Communication Technology, in the form of tracking devices and data mining, to establish ideal inventory models. In this paper, a roadmap is developed towards a technological assessment of the Internet of Things (IoT) in the healthcare industry, 2010–2020. According to the roadmap, an IoT-based healthcare asset management system (IoT-HAMS) is proposed and...

  7. Asset management methodology in NPP Cofrentes

    International Nuclear Information System (INIS)

    The Cofrentes asset management plan is articulated around the tool SIGAN (computer management system of nuclear assets), this tool allows you to structure in an objective and documented the investment plan aimed at modernization and management of the plant life, achieving a consensus among the parties involved in terms of planning development and implementation.

  8. 6th World Congress on Engineering Asset Management

    CERN Document Server

    Ni, Jun; Sarangapani, Jagnathan; Mathew, Joseph

    2014-01-01

    This text represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Sixth World Congress on Engineering Asset Management (WCEAM) held in Cincinnati, OH, USA from October 3-5, 2011 The Proceedings of the WCEAM 2011 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: • Asset condition monitoring and intelligent maintenance • Asset data warehousing, data mining and fusion • Asset performance and level-of-service models • Design and lifecycle integrity of physical assets • Deterioration and preservation models for assets • Education and training in asset management • Engineering standards in asset management • Fault diagnosis and prognostics • Financial analysis methods for physical assets • Human dimensions in integrated asset management • Information quality management • Information systems and knowledge management • Intellig...

  9. Integrating risk analysis and multi-criteria decision support under uncertainty in electricity distribution system asset management

    International Nuclear Information System (INIS)

    Asset managers in electricity distribution companies generally recognize the need and the challenge of adding structure and a higher degree of formal analysis into the increasingly complex asset management decisions. This implies improving the present asset management practice by making the best use of the available data and expert knowledge and by adopting new methods for risk analysis and decision support and nevertheless better ways to document the decisions made. This paper discusses methods for integrating risk analysis and multi-criteria decision support under uncertainty in electricity distribution system asset management. The focus is on how to include the different company objectives and risk analyses into a structured decision framework when deciding how to handle the physical assets of the electricity distribution network. This paper presents an illustrative example of decision support for maintenance and reinvestment strategies based, using expert knowledge, simplified risk analyses and multi-criteria decision analysis under uncertainty.

  10. The role of enterprise asset management system in the PVO group's business

    International Nuclear Information System (INIS)

    This presentation describes the role of the Enterprise Asset Management (EAM) and Enterprise Document Management (EDM) in the PVO Group's business. The use of the functionality of the EAM (Immpower) and EDM (Documentum) is not limited only to the plant maintenance. All power plants and some other business functions and units will use the system in the future for financial management, activity based costing, purchasing, of materials, office supplies and fuel, invoice matching, project budgeting and costing, real estate management etc. The technical service concept of IT solution is also described in this presentation. The Information Management Strategy development as background to the project is also outlined together with the company information. The benefits of the common EAM system and related business process needs are also described. (orig.)

  11. The role of enterprise asset management system in the PVO group`s business

    Energy Technology Data Exchange (ETDEWEB)

    Jaervinen, J. [RAMSE Consulting Oy, Helsinki (Finland)

    1998-12-31

    This presentation describes the role of the Enterprise Asset Management (EAM) and Enterprise Document Management (EDM) in the PVO Group`s business. The use of the functionality of the EAM (Immpower) and EDM (Documentum) is not limited only to the plant maintenance. All power plants and some other business functions and units will use the system in the future for financial management, activity based costing, purchasing, of materials, office supplies and fuel, invoice matching, project budgeting and costing, real estate management etc. The technical service concept of IT solution is also described in this presentation. The Information Management Strategy development as background to the project is also outlined together with the company information. The benefits of the common EAM system and related business process needs are also described. (orig.)

  12. Efficiently Inefficient Markets for Assets and Assets Management

    DEFF Research Database (Denmark)

    Garleanu, Nicolae; Heje Pedersen, Lasse

    We consider a model where investors can invest directly or search for an asset manager, information about assets is costly, and managers charge an endogenous fee. The efficiency of asset prices is linked to the efficiency of the asset management market: if investors can find managers more easily......, more money is allocated to active management, fees are lower, and asset prices are more efficient. Informed managers outperform after fees, uninformed managers underperform after fees, and the net performance of the average manager depends on the number of "noise allocators." Finally, we show why large...

  13. Nuclear asset management. Slide notes

    International Nuclear Information System (INIS)

    Nuclear asset management is defined as the process for making resource allocation and risk management decisions at all levels of nuclear generation business to maximize value/profitability for all stakeholders while maintaining plant safety. In the presentation, the NAM concept is explained, financial benefits achieved in US industry over the past 12 years are outlined, Data Systems and Solutions (DS and S) is presented as a joint venture between Rolls-Royce and SAIC, and NAM benefits in nuclear industry from DS and S client experience are demonstrated. (P.A.)

  14. Rule-Based Analytic Asset Management for Space Exploration Systems (RAMSES) Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Currently, the state-of-the-art in space asset tracking and information management is bar-coding with relational database support. To support NASA's need for...

  15. Chemical Industry Corrosion Management: A Comprehensive Information System (ASSET 2). Final Report

    Energy Technology Data Exchange (ETDEWEB)

    John, Randy C. [Shell Global Solutions, Houston, TX (United States); Young, Arthur L. [Humberside Solutions, Toronto, ON (Canada); Pelton, Arthur D. [CRCT, Ecole Polytechnique de Montreal, Quebec (Canada); Thompson, William T. [Royal Military College of Canada, Kingston, ON (Canada); Wright, Ian G. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2008-10-10

    The research sponsored by this project has greatly expanded the ASSET corrosion prediction software system to produce a world-class technology to assess and predict engineering corrosion of metals and alloys corroding by exposure to hot gases. The effort included corrosion data compilation from numerous industrial sources and data generation at Shell Oak Ridge National Laboratory and several other companies for selected conditions. These data were organized into groupings representing various combinations of commercially available alloys and corrosion by various mechanisms after acceptance via a critical screening process to ensure the data were for alloys and conditions, which were adequately well defined, and of sufficient repeatability. ASSET is the largest and most capable, publicly-available technology in the field of corrosion assessment and prediction for alloys corroding by high temperature processes in chemical plants, hydrogen production, energy conversion processes, petroleum refining, power generation, fuels production and pulp/paper processes. The problems addressed by ASSET are: determination of the likely dominant corrosion mechanism based upon information available to the chemical engineers designing and/or operating various processes and prediction of engineering metal losses and lifetimes of commercial alloys used to build structural components. These assessments consider exposure conditions (metal temperatures, gas compositions and pressures), alloy compositions and exposure times. Results of the assessments are determination of the likely dominant corrosion mechanism and prediction of the loss of metal/alloy thickness as a function of time, temperature, gas composition and gas pressure. The uses of these corrosion mechanism assessments and metal loss predictions are that the degradation of processing equipment can be managed for the first time in a way which supports efforts to reduce energy consumption, ensure structural integrity of equipment

  16. Investor Flows to Asset Managers

    DEFF Research Database (Denmark)

    Christoffersen, Susan E. K.; Musto, David K.; Wermers, Russ

    2014-01-01

    Cash flows between investors and funds are both cause and effect in a complex web of economic decisions. Among the issues at stake are the prospects and fees of the funds, the efforts and risk choices by the funds' managers, the pricing and comovement of the assets they trade, the stability...... of the financial system and the real economy, and the retirement security and protection of the investors. There is an accordingly large and growing literature on flows that has concentrated on the main retail investment pool, the open-end mutual fund, and has used flows to explore many aspects of retail financial...

  17. 24 CFR 990.270 - Asset management.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Asset management. 990.270 Section... THE PUBLIC HOUSING OPERATING FUND PROGRAM Asset Management § 990.270 Asset management. As owners, PHAs have asset management responsibilities that are above and beyond property management activities....

  18. Three-dimensional GIS approach for management of assets

    International Nuclear Information System (INIS)

    Assets play an important role in human life, especially to an organization. Organizations strive and put more effort to improve its operation and assets management. The development of GIS technology has become a powerful tool in management as it is able to provide a complete inventory for managing assets with location-based information. Spatial information is one of the requirements in decision making in various areas, including asset management in the buildings. This paper describes a 3D GIS approach for management of assets. An asset management system was developed by integrating GIS concept and 3D model assets. The purposes of 3D visualization to manage assets are to facilitate the analysis and understanding in the complex environment. Behind the 3D model of assets is a database to store the asset information. A user-friendly interface was also designed for more easier to operate the application. In the application developed, location of each individual asset can be easily tracked according to the referring spatial information and 3D viewing. The 3D GIS approach described in this paper is certainly would be useful in asset management. Systematic management of assets can be carried out and this will lead to less-time consuming and cost-effective. The results in this paper will show a new approach to improve asset management

  19. Managing Assets in The Infrastructure Sector

    Directory of Open Access Journals (Sweden)

    T.P. van Houten

    2010-09-01

    Full Text Available In view of the importance of managing assets and the lack of research in managing assets in the infrastructure sector, we develop an asset management model in this study. This model is developed in line with the unique characteristics of the infrastructure assets and asset management principles and criteria. In the proposed model, we consider activities at three levels, namely the strategical, tactical and operational levels. The interviews with experts in asset management and officials in several Dutch organizations have proven the potential of our asset management model.

  20. Asset Condition, Information Systems and Decision Models

    CERN Document Server

    Willett, Roger; Brown, Kerry; Mathew, Joseph

    2012-01-01

    Asset Condition, Information Systems and Decision Models, is the second volume of the Engineering Asset Management Review Series. The manuscripts provide examples of implementations of asset information systems as well as some practical applications of condition data for diagnostics and prognostics. The increasing trend is towards prognostics rather than diagnostics, hence the need for assessment and decision models that promote the conversion of condition data into prognostic information to improve life-cycle planning for engineered assets. The research papers included here serve to support the on-going development of Condition Monitoring standards. This volume comprises selected papers from the 1st, 2nd, and 3rd World Congresses on Engineering Asset Management, which were convened under the auspices of ISEAM in collaboration with a number of organisations, including CIEAM Australia, Asset Management Council Australia, BINDT UK, and Chinese Academy of Sciences, Beijing University of Chemical Technology, Chin...

  1. Air traffic management system design using satellite based geo-positioning and communications assets

    Science.gov (United States)

    Horkin, Phil

    1995-01-01

    The current FAA and ICAO FANS vision of Air Traffic Management will transition the functions of Communications, Navigation, and Surveillance to satellite based assets in the 21st century. Fundamental to widespread acceptance of this vision is a geo-positioning system that can provide worldwide access with best case differential GPS performance, but without the associated problems. A robust communications capability linking-up aircraft and towers to meet the voice and data requirements is also essential. The current GPS constellation does not provide continuous global coverage with a sufficient number of satellites to meet the precision landing requirements as set by the world community. Periodic loss of the minimum number of satellites in view creates an integrity problem, which prevents GPS from becoming the primary system for navigation. Furthermore, there is reluctance on the part of many countries to depend on assets like GPS and GLONASS which are controlled by military communities. This paper addresses these concerns and provides a system solving the key issues associated with navigation, automatic dependent surveillance, and flexible communications. It contains an independent GPS-like navigation system with 27 satellites providing global coverage with a minimum of six in view at all times. Robust communications is provided by a network of TDMA/FDMA communications payloads contained on these satellites. This network can support simultaneous communications for up to 30,000 links, nearly enough to simultaneously support three times the current global fleet of jumbo air passenger aircraft. All of the required hardware is directly traceable to existing designs.

  2. Empowering file-based radio production through media asset management systems

    Science.gov (United States)

    Muylaert, Bjorn; Beckers, Tom

    2006-10-01

    In recent years, IT-based production and archiving of media has matured to a level which enables broadcasters to switch over from tape- or CD-based to file-based workflows for the production of their radio and television programs. This technology is essential for the future of broadcasters as it provides the flexibility and speed of execution the customer demands by enabling, among others, concurrent access and production, faster than real-time ingest, edit during ingest, centrally managed annotation and quality preservation of media. In terms of automation of program production, the radio department is the most advanced within the VRT, the Flemish broadcaster. Since a couple of years ago, the radio department has been working with digital equipment and producing its programs mainly on standard IT equipment. Historically, the shift from analogue to digital based production has been a step by step process initiated and coordinated by each radio station separately, resulting in a multitude of tools and metadata collections, some of them developed in-house, lacking integration. To make matters worse, each of those stations adopted a slightly different production methodology. The planned introduction of a company-wide Media Asset Management System allows a coordinated overhaul to a unified production architecture. Benefits include the centralized ingest and annotation of audio material and the uniform, integrated (in terms of IT infrastructure) workflow model. Needless to say, the ingest strategy, metadata management and integration with radio production systems play a major role in the level of success of any improvement effort. This paper presents a data model for audio-specific concepts relevant to radio production. It includes an investigation of ingest techniques and strategies. Cooperation with external, professional production tools is demonstrated through a use-case scenario: the integration of an existing, multi-track editing tool with a commercially available

  3. The asset management business model

    International Nuclear Information System (INIS)

    This presentation describes the 4 transformation stages of the electric power industry as being vertical unbundling as seen in Europe and Asia, horizontal unbundling as seen in Canada and the United States, industry convergence as seen in Australia and New Zealand, and strategic consolidation as seen in the United Kingdom. The rationale for horizontal unbundling is described with reference to the asset owner, the asset manager and the utility service provider. The presentation includes several viewgraphs depicting the following: the asset management model; the path to success which was built upon a decade of experience; number of stock items from 1991 to 2001; substation capacity utilization from 1997 to 2001; O and M costs per customer from 1990 to 2000; reliability improvements from 1994 to 2000; the design, operation and maintenance of 13 investment pools; transition strategies for total transformation; and, regionally adjusted wage rates. 11 figs

  4. IMPLEMENTATION OF ASSET MANAGEMENT IN ROAD ADMINISTRATION OF SLOVAK REPUBLIC

    Directory of Open Access Journals (Sweden)

    Ľubomír Pepucha

    2014-03-01

    Full Text Available The article presents basic principles and solutions for the application of Asset Management as part of road administration in Slovakia. It deals with application of Assets management methods and best practices of global trends in road maintenance, repair and rehabilitation strategies. An effective public Asset Management combines principles and strategies of asset management used in private sector with sound practices and methods proven to be applicable by public road administrator and his digital information systems. The under-funding of road management leads to development of tools and methods, which enable us to define criteria for establishing priorities for investments into road assets.

  5. Modelling railway bridge asset management

    OpenAIRE

    Le, Bryant Linh Hai

    2014-01-01

    The UK has a long history in the railway industry with a large number of railway assets. Railway bridges form one of the major asset groups with more than 35,000 bridges. The majority of the bridge population are old being constructed over 100 years ago. Many of the bridges were not designed to meet the current network demand. With an expected increasing rate of deterioration due to the increasing traffic loads and intensities, the management authorities are faced with the difficult task of k...

  6. Approaches of Improving University Assets Management Efficiency

    Science.gov (United States)

    Wang, Jingliang

    2015-01-01

    University assets management, as an important content of modern university management, is generally confronted with the issue of low efficiency. Currently, to address the problems exposed in university assets management and take appropriate modification measures is an urgent issue in front of Chinese university assets management sectors. In this…

  7. Asset management of wastewater networks

    OpenAIRE

    Ugarelli, Rita Maria

    2008-01-01

    Asset Management (AM) is a set of procedures operable at the strategic-tacticaloperational level, for the management of the physical asset’s performance, associated risks and costs within its whole life-cycle. AM combines the engineering, managerial and informatics points of view. In addition to internal drivers, AM is driven by the demands of customers (social pull) and regulators (environmental mandates and economic considerations). AM can follow either a top-down or a bottom...

  8. Operational management of offshore energy assets

    Science.gov (United States)

    Kolios, A. J.; Martinez Luengo, M.

    2016-02-01

    Energy assets and especially those deployed offshore are subject to a variety of harsh operational and environmental conditions which lead to deterioration of their performance and structural capacity over time. The aim of reduction of CAPEX in new installations shifts focus to operational management to monitor and assess performance of critical assets ensuring their fitness for service throughout their service life and also to provide appropriate and effective information towards requalification or other end of life scenarios, optimizing the OPEX. Over the last decades, the offshore oil & gas industry has developed and applied various approaches in operational management of assets through Structural Health and Condition Monitoring (SHM/CM) systems which can be, at a certain level, transferable to offshore renewable installations. This paper aims to highlight the key differences between offshore oil & gas and renewable energy assets from a structural integrity and reliability perspective, provide a comprehensive overview of different approaches that are available and applicable, and distinguish the benefits of such systems in the efficient operation of offshore energy assets.

  9. Ontology modeling in physical asset integrity management

    CERN Document Server

    Yacout, Soumaya

    2015-01-01

    This book presents cutting-edge applications of, and up-to-date research on, ontology engineering techniques in the physical asset integrity domain. Though a survey of state-of-the-art theory and methods on ontology engineering, the authors emphasize essential topics including data integration modeling, knowledge representation, and semantic interpretation. The book also reflects novel topics dealing with the advanced problems of physical asset integrity applications such as heterogeneity, data inconsistency, and interoperability existing in design and utilization. With a distinctive focus on applications relevant in heavy industry, Ontology Modeling in Physical Asset Integrity Management is ideal for practicing industrial and mechanical engineers working in the field, as well as researchers and graduate concerned with ontology engineering in physical systems life cycles. This book also: Introduces practicing engineers, research scientists, and graduate students to ontology engineering as a modeling techniqu...

  10. 8th World Congress on Engineering Asset Management & the 3rd International Conference on Utility Management & Safety

    CERN Document Server

    Mathew, Joseph; Wong, King; Lam, Rocky; Ko, CN; WCEAM 2013; ICUMAS; Engineering asset management : systems, professional practices and certification

    2015-01-01

    This proceedings represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Eight World Congress on Engineering Asset Management (WCEAM). The Proceedings of the WCEAM 2013 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance, 2.  Asset data warehousing, data mining and fusion, 3. Asset performance and level-of-service models, 4. Design and life-cycle integrity of physical assets, 5. Deterioration and preservation models for assets, 6. Education and training in asset management, 7. Engineering standards in asset management, 8. Fault diagnosis and prognostics, 9. Financial analysis methods for physical assets, 10. Human dimensions in integrated asset management, 11. Information quality management, 12. Information systems and knowledge management, 13. Intelligent sensors and devices, 14. Maintenance...

  11. Benefits of Reliability Centred Asset Management

    OpenAIRE

    Hilber, Patrik; Wallnerström, Carl Johan; Rosenlind, Johanna; Babu, Sajeesh; Westerlund, Per

    2013-01-01

    This paper provides an overview of risk and reliability assessment techniques, some which are available for distribution system operators, and others that are in the process of development. The main contribution of this paper is showing the possibilities and benefits of detailed risk and reliability analysis. Six samples of findings from research developed over the last decade within the RCAM group (Reliability Centred Asset Management) at the Royal Institute of Technology, Stockholm Sweden, ...

  12. Integrated Facilities Management and Fixed Asset Accounting.

    Science.gov (United States)

    Golz, W. C., Jr.

    1984-01-01

    A record of a school district's assets--land, buildings, machinery, and equipment--can be a useful management tool that meets accounting requirements and provides appropriate information for budgeting, forecasting, and facilities management. (MLF)

  13. Life cycle management of hydro assets

    International Nuclear Information System (INIS)

    Acres International Ltd. has developed and implemented a risk-based approach to the management of hydro plant assets in a least-cost manner. Recently, the Canadian Energy Association initiated a study to enhance Acres' asset management model to derive practical and efficient programs for rehabilitation of hydroelectric power plants. The study also determined the feasibility of developing suitable failure probability curves for some plant components including woodstave penstocks, steel penstocks and transformers. The study showed that the asset management model is also useful in determining the optimum timing for implementing capital remedial measures. 15 refs., 1 tab., 7 figs

  14. Developing sustainable advantage in asset management

    OpenAIRE

    Moles, Peter

    2006-01-01

    This paper considers how asset management firms seek to develop sustainable advantage in a fragmented industry that has few obvious economies of scale and scope. It shows that the generic competitive strategies of cost leadership and differentiation are both applicable but lead to very different types of asset management firms. The key differentiators for firms are in their investment philosophies and attitude to trading. How firms address these two dimensions leads to various ‘types’ of asse...

  15. Managing Knowledge Assets in Project Environments

    OpenAIRE

    Ionel NĂFTĂNĂILĂ

    2012-01-01

    Knowledge, as the main source of competitive advantage in today’s knowledge-based society, is often a fuzzy concept, with no direct referent in the real world. In order to conceptualize it people use the metaphor of knowledge assets, assets that can be managed, evaluated, invested in, and that became the main source of value creation within the organization. The paper’s main purpose is to present an overview of the perspectives on knowledge assets for a better identification of what they comp...

  16. The Theoretical Underpinnings of Customer Asset Management

    OpenAIRE

    Bolton, R.N.; Lemo, K.N.; Verhoef, Peter

    2002-01-01

    textabstractMost research in customer asset management has focused on specific aspects of the value of the customer to the company. The purpose of this article is to propose an integrated framework ? called CUSAMS -- that enables service organizations to comprehensively assess the value of their "customer assets" and to understand the influence of marketing instruments on them. The foundation of the CUSAMS framework is a careful specification of key customer behaviors that reflect the length,...

  17. Central SOEs and State-owned Assets Management System Witness Great Reform & Development

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    @@ Since the beginning of 2005, the central SOEs (state-owned enterprises) earnestly carried out and put into effect various strategies and policies as well as work plans of the Central Committee of the Party and the State Council.They kept forging ahead and carved out in an innovative spirit, and made great achievements worth celebrating in their various work.Both sales revenue and total profits of the central SOEs have been growing rapidly and synchronously, and the quality of the stateowned assets have been further improved and appeared a good momentum.

  18. Central SOEs and State-owned Assets Management System Witness Great Reform & Development

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

      Since the beginning of 2005, the central SOEs (state-owned enterprises) earnestly carried out and put into effect various strategies and policies as well as work plans of the Central Committee of the Party and the State Council.They kept forging ahead and carved out in an innovative spirit, and made great achievements worth celebrating in their various work.Both sales revenue and total profits of the central SOEs have been growing rapidly and synchronously, and the quality of the stateowned assets have been further improved and appeared a good momentum.……

  19. Instandhaltung und Plant Asset Management - zwei Welten?

    Science.gov (United States)

    Horch, Alexander

    Der Begriff des Asset Management wird nicht mehr nur in der Finanzwelt gebraucht, sondern seit einigen Jahren auch zunehmend in der produzierenden Industrie, insbesondere in der Prozessindustrie. Die Interessengemeinschaft Automatisierungstechnik der Prozessindustrie, NAMUR, hat bereits im Jahr 2001 eine entsprechende Empfehlung zum Thema anlagennahes Asset Management (Plant Asset Management) vorgelegt. In dieser Empfehlung (NAMUR NE 91) taucht der Begriff 'Instandhaltung' in verschiedener Verwendung 15 Mal auf. Die klassische Instandhaltung ist seit vielen Jahren wohl etabliert und definiert, was die große Anzahl Richtlinien, Beschreibungen und Standards belegt (DIN 31051, VDI 2884, VDI 2888, VDI 2889, VDI 2890). Eine oft geäußerte Kritik dem Plant Asset Management gegenüber ist, dass im Grunde nichts Neues angeboten wird, über die Instandhaltung hinaus. Auf der anderen Seite wird das Plant Asset Management seit über zehn Jahren vermehrt gebraucht und etabliert. Dieser scheinbare Widerspruch soll in diesem Beitrag ausgeräumt werden. Als Motivation sollen drei Beispiele kurz beschrieben werden.

  20. Contribution of Enterprise Asset Management (EAM) systems and CAP programs to support NPP life extension program

    International Nuclear Information System (INIS)

    There is no specific IS (Information System) which supports the entire scope of a plant life extension, but there are a number of existing solutions that contributes to support it. Globally there are 2 categories of IS solution in the market: those supporting the Plant Life Improvement (PLIM) side of the life extension program and the others supporting the Plant Life Extension (PLEX) process side of it. The first category involves a large number of applications that span from ageing evaluation criteria programs, to monitoring solution for the critical components and to analysis and decision tools. The second category comprises solutions which support partially or globally the overall business process under a regulatory controlled manner. Both categories require 3 conditions to be satisfied: -) a comprehensive set of data (these data are often produced by various applications and the ability to correlate all the data together with a high degree of integrity is an important success factor); -) a feedback mechanism whose dual aspect is the monitoring of the ageing phenomena and the management of all the actions to be coordinated to ensure that preset objectives will be achieved in due time; and -) good people management to ensure particularly that staff will be well acquainted with new equipment or with new operating processes

  1. Asset ranking manager (ranking index of components)

    International Nuclear Information System (INIS)

    The Ranking Index of Components (RIC) is an Asset Reliability Manager (ARM), which itself is a Web Enabled front end where plant database information fields from several disparate databases are combined. That information is used to create a specific weighted number (Ranking Index) relating to that components health and risk to the site. The higher the number, the higher priority that any work associated with that component receives. ARM provides site Engineering, Maintenance and Work Control personnel with a composite real time - (current condition) look at the components 'risk of not working' to the plant. Information is extracted from the existing Computerized Maintenance management System (CMMS) and specific site applications and processed nightly. ARM helps to ensure that the most important work is placed into the workweeks and the non value added work is either deferred, frequency changed or deleted. This information is on the web, updated each night, and available for all employees to use. This effort assists the work management specialist when allocating limited resources to the most important work. The use of this tool has maximized resource usage, performing the most critical work with available resources. The ARM numbers are valued inputs into work scoping for the workweek managers. System and Component Engineers are using ARM to identify the components that are at 'risk of failure' and therefore should be placed into the appropriate work week schedule

  2. Inventory Management with Asset-Based Financing

    OpenAIRE

    John A. Buzacott; Rachel Q. Zhang

    2004-01-01

    Most of the traditional models in production and inventory control ignore the financial states of an organization and can lead to infeasible practices in real systems. This paper is the first attempt to incorporate asset-based financing into production decisions. Instead of setting a known, exogenously determined budgetary constraint as most existing models suggest, we model the available cash in each period as a function of assets and liabilities that may be updated periodically according to...

  3. Failure Monitoring and Asset Condition Assessment in Water Supply Systems

    OpenAIRE

    Misiunas, Dalius

    2005-01-01

    In this thesis, different aspects of failure management in urban water supply systems are discussed. As assets are getting older, the number of pipe failures is increasing and an efficient failure management strategy becomes important. Two types of failure management strategies can be applied: proactive asset condition assessment and reactive failure detection and location. Currently available condition assessment techniques cannot be extensively applied in water supply systems due to high co...

  4. The Theoretical Underpinnings of Customer Asset Management

    NARCIS (Netherlands)

    R.N. Bolton; K.N. Lemo; P.C. Verhoef (Peter)

    2002-01-01

    textabstractMost research in customer asset management has focused on specific aspects of the value of the customer to the company. The purpose of this article is to propose an integrated framework ? called CUSAMS -- that enables service organizations to comprehensively assess the value of their "cu

  5. Enterprise System Consolidation : A case study with Holmen Paper With a focus on Asset Management

    OpenAIRE

    Gong, Qing

    2012-01-01

    Multiple enterprise system instances in organizations with multiple business units are quite costly to maintain and causes the lack of common business processes. To consolidate these systems into one or fewer instances has the benefits of reduce costs, centralize IT and standardize business processes. But a consolidated model may not be the best choice for every company. To help companies with this decision making process, we studied relevant papers and provided several consideration factors ...

  6. Legacy Management. Turning liabilities into assets

    International Nuclear Information System (INIS)

    The Legacy Management (LM) Program has responsibility for management of over 85 post-closure sites across the United States. The program was formed through a consolidation of AEC/DOE sites being managed under separate programs and with diverse geography, regulatory bases, residual contaminants, and operating histories. Through development and implementation of a nation-wide program to ensure public safety, remedy performance, compliance, records management and ongoing stakeholder communication, the program has become efficient at meeting post-closure responsibilities and effective at proactively turning these liabilities into assets. (author)

  7. 49 CFR 639.33 - Management of leased assets.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 7 2010-10-01 2010-10-01 false Management of leased assets. 639.33 Section 639.33..., DEPARTMENT OF TRANSPORTATION CAPITAL LEASES Lease Management § 639.33 Management of leased assets. Each recipient must maintain an inventory of capital assets acquired by standard FTA project...

  8. Demand Response Benefits for Major Assets of High Voltage Distribution Systems - Capacity Gain and Life Management

    OpenAIRE

    HUMAYUN, Muhammad

    2015-01-01

    Power systems require an adequate capacity and higher utilization efficiency for an economic and reliable supply of electricity. However, their utilization efficiency is ordinary owing to low load factor and reserve capacity needs. Moreover, the growth of electricity demand and aging infrastructure call for massive investments in form of expansions and replacements. Therefore, the power industry is searching for novel solutions to deal with the future needs. Demand response (DR), a load shapi...

  9. Earnings Management and Valuation of Biological Assets

    Directory of Open Access Journals (Sweden)

    Ricardo Luiz Menezes da Silva

    2015-01-01

    Full Text Available The use of fair value to measure the worth of biological assets allows discretionary choices when using discounted cash flow in the absence of an active market, influencing the quality of accounting information. The objective of this study was to investigate evidence of earnings management among Brazilian companies that have adopted fair value based on the discounted cash flow method. The firms were investigated with regard to: a disclosure of the discount rate, b BM&FBovespa corporate governance levels; and c adherence to disclosure requirements in the Brazilian accounting standard CPC 29 (IAS 41. We analyzed 31 firms with significant biological assets from 2010 to 2012. The earnings management measurements were calculated according to the modified Jones, the Teoh, Welch and Wong (1998, and the KS models. The Mann-Whitney test of the means was applied and revealed evidence of greater earnings management for companies that use discounted cash flow, and the ones that least meet CPC 29 disclosure requirements, considering the KS model estimates. Regarding the other proposals, testing did not offer enough evidence of differences in discretionary accruals. In this sense, only hypotheses 1 and 4 are partially accepted, demanding more research in this area. We also present evidence in favor of adopting Exposure Draft ED/2013/08 Agriculture: Bearer Plants, Proposed amendments to IAS 16 and IAS 41, which proposes to measure biological assets at cost, because firms already following these rules showed lower earnings management in this study.

  10. Learning Agents for Autonomous Space Asset Management (LAASAM)

    Science.gov (United States)

    Scally, L.; Bonato, M.; Crowder, J.

    2011-09-01

    Current and future space systems will continue to grow in complexity and capabilities, creating a formidable challenge to monitor, maintain, and utilize these systems and manage their growing network of space and related ground-based assets. Integrated System Health Management (ISHM), and in particular, Condition-Based System Health Management (CBHM), is the ability to manage and maintain a system using dynamic real-time data to prioritize, optimize, maintain, and allocate resources. CBHM entails the maintenance of systems and equipment based on an assessment of current and projected conditions (situational and health related conditions). A complete, modern CBHM system comprises a number of functional capabilities: sensing and data acquisition; signal processing; conditioning and health assessment; diagnostics and prognostics; and decision reasoning. In addition, an intelligent Human System Interface (HSI) is required to provide the user/analyst with relevant context-sensitive information, the system condition, and its effect on overall situational awareness of space (and related) assets. Colorado Engineering, Inc. (CEI) and Raytheon are investigating and designing an Intelligent Information Agent Architecture that will provide a complete range of CBHM and HSI functionality from data collection through recommendations for specific actions. The research leverages CEI’s expertise with provisioning management network architectures and Raytheon’s extensive experience with learning agents to define a system to autonomously manage a complex network of current and future space-based assets to optimize their utilization.

  11. HIGHER LEVEL OF INTELLECTUAL ASSET MANAGEMENT

    Directory of Open Access Journals (Sweden)

    ROMANESC MARCEL LAURENTIU

    2014-05-01

    Full Text Available Creation and dissemination of knowledge is to be found in his wish of activity of any university. The challenge is to achieve in the best way on the use of these knowledge as an asset that can provide maximum value economy, society and university in itself. Most university are aware of how to market the results obtained through personal research carried out by his own personal. Therefore the management of universities realized that there is a need that they will be able to create an overall strategy for managing intellectual property, in accordance with their mission. This study is aimed at identifying strategies oriented to optimize benefits of assets intellectual property created by staff and students a university. This study will help generate the best strategies for intellectual property approaches, every institution in benefit of all (economy, society or any education institution.

  12. Implementing condition based maintenance within an asset management framework

    OpenAIRE

    Gusfre, David

    2010-01-01

     Condition Based Maintenance within an Asset Management Framework Description: The thesis shall describe how to implement Condition Based Maintenance within an Asset Management context. Asset Management (AM) is an area within Oil & Gas (O&G) Business with a large development potential in order to give companies added value in their operations. With the increased use of Integrated Operations concepts, a new approach for maintenance engineering is necessary. The asset performance is a resul...

  13. A Bank Asset and Liability Management Model

    OpenAIRE

    Kusy, M.I.; W. T. Ziemba

    1983-01-01

    The uncertainty of a bank's cash flows, cost of funds and return on investments due to inherent factors and variable economic conditions has emphasized the need for greater efficiency in the management of asset and liabilities. A primary goal is to determine an optimal tradeoff between risk, return, and liquidity. In this paper we develop a multiperiod stochastic linear programming model (ALM) that includes the essential institutional, legal, financial, and bank related policy considerations,...

  14. Individual and institutional asset liability management

    OpenAIRE

    Hainaut, Donatien

    2007-01-01

    One of the classical problems in finance is that of an economic unit who aims at maximizing his expected life-time utility from consumption and/or terminal wealth by an effective asset-liability management. The purpose of this thesis is to determine the optimal investment strategies , from the point of view of their economic utility, for individual and institutional investors such pension funds.

  15. Utility asset management : where you are, where you are going, knowing when you get there

    International Nuclear Information System (INIS)

    Water and wastewater systems are one of the largest infrastructure assets a city can own. Cities are faced with a deteriorating infrastructure with a decreasing budget. A plan is needed to effectively manage this deterioration. New regulations and accounting requirements (CMOM - Capacity Management Operations and Management and GASB-34) are pushing utilities into asset management planning to manage their systems. An asset management plan provides a comprehensive assessment of the current condition of the utility and a projection of the cost required to meet standards of service. The capital asset management system provides a means to protect, maintain or improve the asset value of the water or sewer system (or any infrastructure) with planned maintenance and repair. (author)

  16. Nuclear industry strategic asset management: Managing nuclear assets in a competitive environment

    International Nuclear Information System (INIS)

    The former Electric Power Research Institute took the lead in developing an approach now widely known as strategic asset management (SAM). The SAM methodology applies the tools of decision/risk analysis used in the financial community to clarify effective use of physical assets and resources to create value: to build a clear line of sight to value creation. SAM processes have been used in both the power and other industries. The rapid change taking place in the nuclear business creates the need for competitive decision making regarding the management of nuclear assets. The nuclear industry is moving into an era in which shareholder value is determined by the net revenues earned on power marketed in a highly competitive and frequently low-priced power market environment

  17. Continued Learning in Asset Management for the Dutch Transport Network

    OpenAIRE

    L. Volker; Van der Lei, T.E.; Van den Boom, M.; Van Der Velde, J.; Wessels, P.; Ligtvoet, A.; Herder, P.M.

    2012-01-01

    Asset management aims at improving the overall performance of assetintensive industries by making and executing systematic and highest value decisions about the use and care of assets. To assist organizations to improve their asset management performance, maturity models can be used. In this paper we describe two applications of the Infrastructure Management Maturity Matrix (IM³). The IM³ consists of five maturity levels on the vertical axis (ad hoc, repeatable, standard, managed, optimal), a...

  18. Methods and apparatus for switching a transponder to an active state, and asset management systems employing same

    Science.gov (United States)

    Mickle, Marlin H. (Inventor); Jones, Alex K. (Inventor); Cain, James T. (Inventor); Hawrylak, Peter J. (Inventor); Marx, Frank (Inventor); Hoare, Raymond R. (Inventor)

    2012-01-01

    A transponder that may be used as an RFID tag includes a passive circuit to eliminate the need for an "always on" active RF receiving element to anticipate a wake-up signal for the balance of the transponder electronics. This solution allows the entire active transponder to have all circuit elements in a sleep (standby) state, thus drastically extending battery life or other charge storage device life. Also, a wake-up solution that reduces total energy consumption of an active transponder system by allowing all non-addressed transponders to remain in a sleep (standby) state, thereby reducing total system or collection energy. Also, the transponder and wake-up solution are employed in an asset tracking system.

  19. ASSET ALLOCATION AND ASSET PRICING IN THE FACE OF SYSTEMIC RISK: A LITERATURE OVERVIEW AND ASSESSMENT

    OpenAIRE

    CHRISTOPH MEINERDING

    2012-01-01

    This paper provides a detailed overview of the current research linking systemic risk, financial crises and contagion effects among assets on the one hand with asset allocation and asset pricing theory on the other hand. Based on the ample literature about definitions, measurement and properties of systemic risk, we derive some elementary ingredients for models of financial contagion and assess the current state of knowledge about asset allocation and asset pricing with explicit focus on syst...

  20. Reliability centered asset management tool : The development of RACalc

    OpenAIRE

    Böös, Claes; Göransson, Richard

    2009-01-01

    Electrical distribution with high delivery quality is crucial for the society. The need for high quality power supply grows as people put more trust in electrical devices. However there are no perfect electrical distribution systems and interruptions occur randomly. To reduce the risk of outage, actions can be taken by the distribution system operator in the form of preventive maintenance. This report presents some of the methods for analysis that are available for the asset manager. The meth...

  1. Capital asset management process: the case of Hose & Fittings Corporation

    OpenAIRE

    Sung C. Bae; Bell J.C. Park; Tracy Wagner

    2005-01-01

    Purpose – To develop a more effective, long-term-oriented capital asset management process for capital project evaluation Design/methodology/approach – Relying on a cash study format, the weaknesses of the traditional capital budgeting process are examined. The proposed capital asset management process is contrasted with the traditional process with respect to several aspects of long-term resource management. Flow-charts and evaluation matrices are presented. Findings – The capital asset mana...

  2. The use of an advanced risk-based asset management system for evaluation of rehabilitation options for an aging hydroelectric station

    International Nuclear Information System (INIS)

    An advanced risk-based asset management system, designed to assist in collating rehabilitation/ replacement options for individual components of an electric power plant was described. Application of the technique to determine rehabilitation options for an aging hydroelectric power station in Northern Ontario, was demonstrated. The method helped to assess a wide range of complex alternatives, the direct and indirect costs associated with delayed implementation of the alternatives, partial or full rehabilitation of the site, and the construction of an entirely new replacement facility.3 refs., 8 figs., 3 photos

  3. 12 CFR 704.8 - Asset and liability management.

    Science.gov (United States)

    2010-01-01

    ... used as a basis of estimation. (b) Asset and liability management committee (ALCO). A corporate credit... risk management policies. (c) Penalty for early withdrawals. A corporate credit union that permits... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Asset and liability management. 704.8...

  4. The 5C model: A new approach to asset integrity management

    Energy Technology Data Exchange (ETDEWEB)

    Rahim, Yousif, E-mail: yousif.rahim@unito.i [University of Torino, Torino (Italy); Det Norske Veritas (Norway); Refsdal, Ingbjorn, E-mail: inref@statoil.co [Statoil, Bergen (Norway); Kenett, Ron S., E-mail: ron@kpa.co.i [KPA Limited, Raanana, Israel, University of Torino (Italy); NYU - Poly Center for Risk Engr, NY (United States)

    2010-02-15

    As organizations grow more complex in operation and more global in scope, assets and technical integrity become key success factors. A company's asset integrity business process needs to be mapped in order to 1) provide a proper overview of operation and business processes, 2) identify all critical interfaces and 3) ensure that all gaps and overlaps in processes are eliminated. Achieving asset integrity requires companies to sustain their activities and identify the hazards, weaknesses and objectives of their strategic assets. Technical integrity emphasizes a complete overview of technical conditions and related information, and the ability of the companies to document the technical state of its assets. It is based on an integrated view of the current state of operations, and the identification of all critical interfaces, in order to ensure that all gaps and unnecessary overlaps in processes are eliminated. Companies look increasingly at their asset integrity management system as a means to extend the life of their assets, beyond the original design conditions and production capacity. Establishing an asset integrity management system requires the documentation of the company's technical integrity management, a strategy and the processes for carrying it out, identifying gaps; selecting corrective interventions and conducting follow up actions. The paper discusses various aspects of asset integrity management, including its planning and implementation. We begin with an introduction to asset technical integrity, provide some theoretical backgrounds, present a model we call 5C and conclude with a summary and discussion.

  5. The 5C model: A new approach to asset integrity management

    International Nuclear Information System (INIS)

    As organizations grow more complex in operation and more global in scope, assets and technical integrity become key success factors. A company's asset integrity business process needs to be mapped in order to 1) provide a proper overview of operation and business processes, 2) identify all critical interfaces and 3) ensure that all gaps and overlaps in processes are eliminated. Achieving asset integrity requires companies to sustain their activities and identify the hazards, weaknesses and objectives of their strategic assets. Technical integrity emphasizes a complete overview of technical conditions and related information, and the ability of the companies to document the technical state of its assets. It is based on an integrated view of the current state of operations, and the identification of all critical interfaces, in order to ensure that all gaps and unnecessary overlaps in processes are eliminated. Companies look increasingly at their asset integrity management system as a means to extend the life of their assets, beyond the original design conditions and production capacity. Establishing an asset integrity management system requires the documentation of the company's technical integrity management, a strategy and the processes for carrying it out, identifying gaps; selecting corrective interventions and conducting follow up actions. The paper discusses various aspects of asset integrity management, including its planning and implementation. We begin with an introduction to asset technical integrity, provide some theoretical backgrounds, present a model we call 5C and conclude with a summary and discussion.

  6. Contemporary Network Theory: Concepts and Implications for Transportation Asset Management

    OpenAIRE

    Fonseca, Andrea Esperanza

    2007-01-01

    This thesis proposes a novel working paradigm for transportation infrastructure asset management by viewing the transportation networks as key components (or nodes) of a broader network of resources, which includes infrastructure linked with societyâ s ecological, social, and economic systems. An extensive review of network science literature suggested that to understand the behavior of a complex network is imperative to characterize its topology. Consequently, this thesis focused on deve...

  7. A PERFORMANCE MANAGEMENT MODEL FOR PHYSICAL ASSET MANAGEMENT

    Directory of Open Access Journals (Sweden)

    J.L. Jooste

    2012-01-01

    Full Text Available

    ENGLISH ABSTRACT: There has been an emphasis shift from maintenance management towards asset management, where the focus is on reliable and operational equipment and on effective assets at optimum life-cycle costs. A challenge in the manufacturing industry is to develop an asset performance management model that is integrated with business processes and strategies. The authors developed the APM2 model to satisfy that requirement. The model has a generic reference structure and is supported by operational protocols to assist in operations management. It facilitates performance measurement, business integration and continuous improvement, whilst exposing industry to the latest developments in asset performance management.

    AFRIKAANSE OPSOMMING: Daar is ‘n klemverskuiwing vanaf onderhoudsbestuur na batebestuur, waar daar gefokus word op betroubare en operasionele toerusting, asook effektiewe bates teen optimum lewensikluskoste. ‘n Uitdaging in die vervaardigingsindustrie is die ontwikkeling van ‘n prestasiemodel vir bates, wat geïntegreer is met besigheidsprosesse en –strategieë. Die outeurs het die APM2 model ontwikkel om in hierdie behoefte te voorsien. Die model het ‘n generiese verwysingsstruktuur, wat ondersteun word deur operasionele instruksies wat operasionele bestuur bevorder. Dit fasiliteer prestasiebestuur, besigheidsintegrasie en voortdurende verbetering, terwyl dit die industrie ook blootstel aan die nuutste ontwikkelinge in prestasiebestuur van bates.

  8. ASSESSMENT OF BANKING ASSETS ON FINANCIAL RISK MANAGEMENT - ALBANIAN CASE

    OpenAIRE

    ADRIATIK KOTORRI; MIRELA MITI; INGRIT KONOMI

    2014-01-01

    Recognizing the asset value dynamics volatility of the financial institutions and the importance of its recognition both for financial reporting purposes and risk management effect, this paper aims to provide a practical model for the assets and financial institutions evaluation especially banks. It also aims to present a model to measure the value of banking assets for the purposes of risk management as an opportunity to identify in an early moment the banking risks. The pape...

  9. 5 CFR 4001.105 - Purchase of System institution assets.

    Science.gov (United States)

    2010-01-01

    ... 5 Administrative Personnel 3 2010-01-01 2010-01-01 false Purchase of System institution assets....105 Purchase of System institution assets. (a) Prohibition on purchasing assets owned by a System... asset (such as real property, vehicles, furniture, or similar items) from a System institution...

  10. Recent Reforms in Asset Management in New Zealand

    OpenAIRE

    Gimblett, Murray

    2015-01-01

    This presentation covers some of the changes to asset management following a comprehensive review of road maintenance in New Zealand. The review suggested increased efficiency could be realized by changing business models, procurement, asset management and critically examining levels of service.

  11. A Model of Human Capital Management in the Frame of Knwoledge Assets Management

    OpenAIRE

    Neagu Olimpia

    2012-01-01

    The paper aims to suggest a model of human capital management in the frame of the knowledge assets management and correlated to the organizational performance. The paper proposes to insert the system of human capital management into the knowledge management architecture. The inputs of the human capital management (education, training on the job, job experience and continual learning) are generating specific outputs (current jobs, training needs and expertise) through acquiring, sharing, creat...

  12. Prudent management of utility assets -- Problem or promise?

    International Nuclear Information System (INIS)

    As utilities move into a deregulated market, the extent and nature of their asset base, as well as, the manner in which they have managed it, may play a key factor in the form of regulatory recovery. Utilities must face the issue of stranded assets. One form of addressing this issue is using ''EVA'', Economic Value Added as a mechanism to form financial models for prudent asset management. The authors present an approach to this challenging aspect of deregulation. They focus on the following utility assets: buildings/facilities, and excess real physical assets. Primarily focusing on Niagara Mohawk, two or three case studies are used to demonstrate how proactive management and EVA analysis transforms underperforming utility assets. These will be presented in a way that can show benefits for all utility stakeholders such as cost avoidance, load growth, real estate tax savings, stranded asset reductions, environmental gains, corporate image enhancement, and regulatory/governmental gains; over and above possible economic gains. Examples will be given that include the transformation of utility assets into award winning commercial, residential, and industrial developments as well as recreational/park lands and greenways. Similarly, other examples will show the many tangible and intangible benefits of an effective investment recovery and waste stream management program. Various strategies will also be presented that detail how utilities can begin to develop a total comprehensive plan for their asset portfolio. The first step in realizing and maximizing EVA towards a portfolio of assets is a change in corporate policy--one from passive ownership to active prudent management. Service and cost will drive competition resulting from full deregulation. To drive down costs, utilities will need to become more efficient in dealing with their asset base. By embracing an EVA model on an entire asset portfolio, utilities can prepare and excel in the newly shaped marketplace

  13. Integrated Space Asset Management Database and Modeling

    Science.gov (United States)

    Gagliano, L.; MacLeod, T.; Mason, S.; Percy, T.; Prescott, J.

    The Space Asset Management Database (SAM-D) was implemented in order to effectively track known objects in space by ingesting information from a variety of databases and performing calculations to determine the expected position of the object at a specified time. While SAM-D performs this task very well, it is limited by technology and is not available outside of the local user base. Modeling and simulation can be powerful tools to exploit the information contained in SAM-D. However, the current system does not allow proper integration options for combining the data with both legacy and new M&S tools. A more capable data management infrastructure would extend SAM-D to support the larger data sets to be generated by the COI. A service-oriented architecture model will allow it to easily expand to incorporate new capabilities, including advanced analytics, M&S tools, fusion techniques and user interface for visualizations. Based on a web-centric approach, the entire COI will be able to access the data and related analytics. In addition, tight control of information sharing policy will increase confidence in the system, which would encourage industry partners to provide commercial data. SIMON is a Government off the Shelf information sharing platform in use throughout DoD and DHS information sharing and situation awareness communities. SIMON providing fine grained control to data owners allowing them to determine exactly how and when their data is shared. SIMON supports a micro-service approach to system development, meaning M&S and analytic services can be easily built or adapted. It is uniquely positioned to fill this need as an information-sharing platform with a proven track record of successful situational awareness system deployments. Combined with the integration of new and legacy M&S tools, a SIMON-based architecture will provide a robust SA environment for the NASA SA COI that can be extended and expanded indefinitely. First Results of Coherent Uplink from a

  14. Analytical Provision of Management of Intangible Assets

    Directory of Open Access Journals (Sweden)

    Shelest Viktoriya S.

    2013-11-01

    Full Text Available The goal of the article lies in the study of the process of conduct of economic analysis of such a complex product of the innovation and information society as objects of intellectual property, which are accepted in business accounting as intangible assets. All-absorbing integration processes in the economy and large-scale propagation of information technologies influence the capital structure. Thus, accepting intangible assets as a driving factor of competitiveness, enterprises prefer namely these assets, reducing the share of tangible assets. Taking this into account the scientists thoroughly studied the issues of economic analysis of intangible assets, since the obtained data are the main source of accounting and analytical information required for making weighted managerial decisions. At the same time, the issues of authenticity, accuracy, efficiency and transparency of the obtained results become topical. In the process of the study the article shows information content of the accounting and analytical data due to introduction of accounting and conduct of economic analysis of intangible assets. The article considers the modern state of the methods of analysis of intangible assets based on opinions of scientists. It characterises economic and legal state of development of licence agreements in Ukraine. It justifies economic expediency of use of such agreements. It forms the ways of making efficient managerial decisions on use of intangible assets in economic activity of subjects of entrepreneurship.

  15. 5 CFR 4101.105 - Purchase of System institution assets.

    Science.gov (United States)

    2010-01-01

    ... 5 Administrative Personnel 3 2010-01-01 2010-01-01 false Purchase of System institution assets... assets. (a) Prohibition on purchasing assets owned by a System institution. No covered employee, or spouse or minor child of a covered employee, shall purchase, directly or indirectly, an asset (such...

  16. 7th World Congress on Engineering Asset Management

    CERN Document Server

    Choi, Byeongkuen; Ma, Lin; Mathew, Joseph

    2015-01-01

    These proceedings comprise 60 refereed papers of the Seventh World Congress on Engineering Asset Management (WCEAM) that was held in Deajeon City, Korea from 8-9 October 2012. The material is a compilation of state-of-the-art papers in the field covering a comprehensive range of subjects that are equally relevant to business managers and engineering professionals alike. Proceedings of the 7th World Congress on Engineering Asset Management (WCEAM 2012): Towards Integration and Interoperability in EAM covers a wide range of topics in the discipline of engineering asset management, including: ·         strategic asset management ·         condition monitoring and diagnostics ·         integrated intelligent maintenance ·         sensors and devices ·         information quality & management; ·         sustainability in asset management ·         asset performance and knowledge management ·         data mining and AI techniques in asset m...

  17. System and Method for Monitoring Distributed Asset Data

    Science.gov (United States)

    Gorinevsky, Dimitry (Inventor)

    2015-01-01

    A computer-based monitoring system and monitoring method implemented in computer software for detecting, estimating, and reporting the condition states, their changes, and anomalies for many assets. The assets are of same type, are operated over a period of time, and outfitted with data collection systems. The proposed monitoring method accounts for variability of working conditions for each asset by using regression model that characterizes asset performance. The assets are of the same type but not identical. The proposed monitoring method accounts for asset-to-asset variability; it also accounts for drifts and trends in the asset condition and data. The proposed monitoring system can perform distributed processing of massive amounts of historical data without discarding any useful information where moving all the asset data into one central computing system might be infeasible. The overall processing is includes distributed preprocessing data records from each asset to produce compressed data.

  18. Managing Risks in Electrical Infrastructure Assets from a Strategic Perspective

    OpenAIRE

    Zhuang, Q.

    2015-01-01

    Should risks always be quantified before being managed? The answer is “yes” in the opinion of most asset managers in today’s electricity transmission and distribution companies, but “no” in modern theories of risk management. When the risks refer to reliability hazards of high-voltage assets, the answer to the above question is “yes, it should be, but not yet”. The first part of this thesis studies a typical cause of this situation: when data and knowledge on high-voltage assets are insuffici...

  19. Analytical Provision of Management of Intangible Assets

    OpenAIRE

    Shelest Viktoriya S.

    2013-01-01

    The goal of the article lies in the study of the process of conduct of economic analysis of such a complex product of the innovation and information society as objects of intellectual property, which are accepted in business accounting as intangible assets. All-absorbing integration processes in the economy and large-scale propagation of information technologies influence the capital structure. Thus, accepting intangible assets as a driving factor of competitiveness, enterprises prefer namely...

  20. Asset Management Based Distributed Generation Placement from Load Growth Viewpoint

    Directory of Open Access Journals (Sweden)

    majid ghani varzaneh

    2014-10-01

    Full Text Available In this paper, by presenting the asset management model, it is tried to investigate the importance of distributed generation (DG unit placement from radial distribution system reliability indices sensitivity viewpoint and then DG placement will be carried out. Asset management model is designed and explained to maximize the benefit of distribution companies for invested capital. As the value of distribution system reliability indices depend on customers load pattern, any change in customers load pattern causes changes in distribution system reliability indices. One of the factors that changes customers load pattern, is load growth. With considering that the system hardware characteristics are being constant, the values of reliability indices are also highly dependent on load distribution. Therefore, for assessing the current studies the level of validity and the adequacy of system in future, current load distribution and load growth in future should be studied. In this paper, with optimal placement of DG, it is tried to minimize the distribution system reliability indices sensitivity in accordance with load growth in different load patterns.

  1. ASSESSMENT OF BANKING ASSETS ON FINANCIAL RISK MANAGEMENT - ALBANIAN CASE

    Directory of Open Access Journals (Sweden)

    ADRIATIK KOTORRI

    2014-02-01

    Full Text Available Recognizing the asset value dynamics volatility of the financial institutions and the importance of its recognition both for financial reporting purposes and risk management effect, this paper aims to provide a practical model for the assets and financial institutions evaluation especially banks. It also aims to present a model to measure the value of banking assets for the purposes of risk management as an opportunity to identify in an early moment the banking risks. The paper develops the bank assets assessment forms and the basis of mathematical modeling of this assessment in general. He identifies also the evaluation factors as for example time to maturity, interest rate market for the assets (YTM, the interest rate agreed, the early repayment of the loan, interest ceilings and floors, off-balance sheet treatment, etc..

  2. Analysis of Communication System Construction of Life Cycle Asset Management in Power Grid Enterprise%析电网企业资产全寿命周期管理沟通工作体系建设

    Institute of Scientific and Technical Information of China (English)

    杨晓月; 赵大青; 张毅; 黎珊

    2015-01-01

    In order to improve the management efficiency of power grid enterprise based on physical assets gradually, this paper analyzes all the communication needs from various stakeholders and presents the communication context during each stage in assets management. The paper discusses the close-loop com-munication system from mechanism optimization, performance evaluation to continuous improvement and its role in life cycle asset management.%为不断提高以实物资产为主的电网企业管理效率,文章在分析不同利益相关方沟通需求,梳理资产管理各阶段沟通工作脉络的基础上,初步论述了从机制优化、效果评估到持续改进的闭环沟通工作体系及其所发挥的作用。

  3. Asset management -- Integrated software optimizes production performance

    International Nuclear Information System (INIS)

    Developments in data collection and retrieval systems to allow timely cost analysis, financial reporting and production management are discussed. One of the most important new OLAP (on-line analytical processing) products is Energy Warehouse which gathers field information from various sources, allows advanced searches, and generates reports previously unavailable in other conventional financial accounting systems. Another OLAP-based system, the Canadian Upstream Energy System (CUES), was developed by the Oracle Corporation and the Calgary-based Applied Terravision Systems (ATS) Inc. CUES combines Oracle's universal data server software development tools with ATS's upstream financial, land, geotechnical and production applications. ATS also developed a product called IDPMARS (Integrated Daily Production Management Accounting Reporting System). It interfaces with CUES to link working interests, government royalties, administration, facility charges, lifting costs, transportation tooling, and customers by integrating field data collection systems with financial accounting

  4. Approaches to Improving Asset Structure Management in Commercial Banks

    Directory of Open Access Journals (Sweden)

    Ahsan Akbar

    2015-04-01

    Full Text Available The financial crises of 2008 and afterwards the European debt crisis made it clearer that the financial and macroeconomic conditions can change quickly. For that reason ensuring asset quality and profitability in response to the changing environment remains an important concern. This study considers the key problems in asset structure management and discusses several techniques outlined by managers and academicians to tackle these problems. The important problems of banks are the need to dynamically boost asset and liability structure, to make sure profitability of operations and to curtail risks. This can be done by jointly structuring asset and liability portfolios, using the gap technique for management of interest rate risk and increasing the range of profitable business operations. However these techniques should be coupled with efficient and sophisticated analysis of financial and economic indicators.

  5. Orchestrated management of heterogeneous sensors incorporating feedback from intelligence assets

    Science.gov (United States)

    Sarkale, Yugandhar; Chong, Edwin K. P.

    2015-05-01

    We develop a method for autonomous management of multiple heterogeneous sensors mounted on unmanned aerial vehicles (UAVs) for multitarget tracking. The main contribution of the paper is incorporation of feedback received from intelligence assets (humans) on priorities assigned to specific targets. We formulate the problem as a partially observable Markov decision processes (POMDP) where information received from assets is captured as a penalty on the cost function. The resulting constrained optimization problem is solved using an augmented Lagrangian method. Information obtained from sensors and assets is fused centrally for guiding the UAVs to track these targets.

  6. Operations Research Approaches to Asset Management in Freight Rail

    DEFF Research Database (Denmark)

    Gorman, Michael F.; Harrod, Steven

    2011-01-01

    This article describes operations research methodologies as they apply to asset management in freight rail. We describe state-of-the-art methods for locomotive, crew, railcar, line and yard planning and management. We conclude with emerging areas of research in rail.......This article describes operations research methodologies as they apply to asset management in freight rail. We describe state-of-the-art methods for locomotive, crew, railcar, line and yard planning and management. We conclude with emerging areas of research in rail....

  7. Human Assets in the Social Control Management

    OpenAIRE

    Varzaru Anca Antoaneta; Varzaru Mihai

    2010-01-01

    Attempts to quantify the human assets of an organization happened the first time in the US in 1960, when it was tried to end it in their balance sheet. This idea of quantification started to analyze the differences in value between similarities or changes made in time by the same organization and the premises had the decisive contribution of human activities. The practical consequences of the current research on human activities were not eloquent. In recent years the problems of quantificatio...

  8. Keynes, King's and Endowment Asset Management

    OpenAIRE

    David Chambers; Elroy Dimson; Justin Foo

    2014-01-01

    Founded in 1441, King's College was one of Cambridge University's wealthiest Colleges, endowed with a vast agricultural portfolio. John Maynard Keynes was appointed bursar just after WWI and initiated a major reallocation to equities, an innovation at least as radical as the late 20th century commitment to illiquid assets by Harvard and Yale. Keynes initially pursued a market-timing approach to investment with mixed success and failed to anticipate the 1929 market crash. Thereafter, his switc...

  9. Prioritising maintenance improvement opportunities in physical asset management

    Directory of Open Access Journals (Sweden)

    Von Petersdorff, Hagen

    2014-11-01

    Full Text Available Physical Asset Management (PAM initiatives suffer many barriers in implementation that can hinder their influence and sustainability. One of these barriers is the lack of buy-in from all levels in the organisation, due to a lack of understanding of the perceived benefits of PAM. Organisational alignment in a PAM project is achieved by aligning employees’ views on the deficient areas in the organisation, and managing their expectations of the perceived benefits of a good application of PAM. Barriers in implementation are created, however, by the lack of a transparent method for conveying the significance of critical areas in the system and by an unclear way of communicating these problems. Typically these initiatives are constrained by available resources. In order for PAM initiatives to be successful, there first needs to be an alignment in the execution through a clear understanding of which assets are critical, so that resources can be allocated effectively. In this study, this problem is thoroughly examined, and a method is sought that seeks to isolate the effects of the maintenance function in an operation and to uncover critical areas. A study is performed on the methods that are typically used to create such understanding. This study highlights the shortcomings of these methods, which limit their applicability. A new methodology is therefore created in order to overcome these problems. The methodology is validated through a case study, where it shown to be highly beneficial in uncovering critical areas and achieving organisational alignment through the communication of results.

  10. 10th World Congress on Engineering Asset Management

    CERN Document Server

    Kortelainen, Helena; Aaltonen, Jussi; Uusitalo, Teuvo; Komonen, Kari; Mathew, Joseph; Laitinen, Jouko

    2016-01-01

    This book comprises refereed papers from the 10th World Congress on Engineering Asset Management (WCEAM 2015), held in Tampere, Finland in September 2015. These proceedings include a compilation of state-of-the-art papers covering a comprehensive range of subjects equally relevant to business managers and engineering professionals alike. With a focus on various aspects of engineering asset management ranging from strategic level issues to detail-level machine health issues, these papers address both industry and public sector concerns and issues, as well as advanced academic research. Proceedings of the WCEAM 2015 is an excellent reference and resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students at tertiary institutions or in the industry.

  11. Optimizing the Banking Activity Using Assets & Liabilities Management

    Directory of Open Access Journals (Sweden)

    Vasile Dedu

    2008-10-01

    Full Text Available In the actual study, starting from the international experience, we revealed the role that should be taken by the Assets and Liabilities Committee (ALCO within the Romanian commercial banks. ALCO became one of the tools used by the executive management of the banks to take decisions regarding the future policy of assets and liabilities management, relying on the synthetic information prepared by well trained technicians but without voting right (usually middle management staff. We consider that the implementation of an assets and liabilities management strategy cannot be done without an appropriate corporate governance structure, even though the bank is having highly specialized staff. Models of some western banking institutions may be considered as benchmarks by the Romanian banks.

  12. Fleet wide motor asset management program

    International Nuclear Information System (INIS)

    The Institute of Nuclear Power Operations (INPO) performed several studies concerning the effects of motor failures on US power production. Problems with aging and the lack of preventative maintenance were noted as major contributors to this production loss. Westinghouse has developed, and successfully utilized, a computer program to assist plants in the decision making process for maximizing the operational availability of their motor fleet. The program considers motors of a fleet as a single, critical to production asset, and aids the operator in decisions regarding the following: 1.) Purchase of spares. 2.) Rewind and refurbishment prioritization. 3.) Long-term budget forecasting. (author)

  13. DOE Asset Revitalization: Sustainability and Waste Management Aspects - 12120

    International Nuclear Information System (INIS)

    In February 2011 Secretary of Energy Steven Chu established a Task Force on Asset Revitalization to facilitate a discussion among the Department of Energy (DOE), communities around DOE sites, non-profits, tribal governments, the private sector, and other stakeholders to identify reuse approaches as environmental cleanup efforts at DOE sites reach completion. The Task Force was charged with exploring opportunities to reuse DOE site assets for beneficial purposes and making recommendations to the Under Secretaries of Energy, Science, and Nuclear Security on the formation of an Asset Revitalization Initiative (ARI). The ARI is a Department-wide effort to advance the beneficial reuse of the DOE's unique and diverse mix of assets including land, facilities, infrastructure, equipment, technologies, natural resources, and a highly skilled workforce. The ARI will encourage collaboration between the public and private sectors in order to achieve energy and environmental goals as well as to stimulate and diversify regional economies. The recommendations of the ARI Task Force are summarized below, focusing on the sustainability and waste management aspects. DOE's ongoing completion of cleanup efforts and modernization efforts is creating opportunities to transition under-used or excess assets to future beneficial use. The FY 2011 DOE ARI Task Force determined that DOE's assets could be reused for beneficial purposes such as clean energy production, industrial manufacturing, recreational and conversation use, and other economic development initiatives. Asset revitalization has the potential to both help achieve DOE's energy and environmental goals and diversify regional economies where the sites are located, including providing the support needed to implement large-scale projects that achieve green sustainability goals. Asset revitalization efforts could be accelerated by effectively incorporating future use plans into environmental management and remediation efforts. (authors)

  14. RFID Application of Smart Grid for Asset Management

    Directory of Open Access Journals (Sweden)

    Xiwei Wang

    2013-01-01

    Full Text Available RFID technology research has resolved practical application issues of the power industry such as assets management, working environment control, and vehicle networking. Also it provides technical reserves for the convergence of ERP and CPS. With the development of RFID and location-based services technology, RFID is converging with a variety of sensing, communication, and information technologies. Indoor positioning applications are under rapid development. Micromanagement environment of the assets is a useful practice for the RFID and positioning. In this paper, the model for RFID applications has been analyzed in the microenvironment management of the data center and electric vehicle batteries, and the optimization scheme of enterprise asset management is also proposed.

  15. GE Hitachi's parts asset management solutions (PAMS)

    International Nuclear Information System (INIS)

    To ensure operational excellence and improve plant reliability, GE Hitachi Nuclear Energy (GEH) has partnered with its customers to develop PARTS Asset Management Solutions (PAMS). PAMS is a comprehensive set of services that enable plants to proactively manage inventory, obtain after-market replacement parts quickly, and resolve obsolescence issues, ensuring operation of equipment is maintained. PAMS includes: - Electronics Exchange Service Program (EESP) - On-demand exchange service program for GE electronics parts that guarantees rapid shipment of parts, results in cost savings and eliminates all obsolescence risk. - Engineering Services (ES) - Service that finds replacement electronics parts for customers encountering obsolescence. - System Assessment Report (SAR) - Comprehensive, customised report for customer systems that provides all information needed to minimise part availability risk. - Inventory Management (IM) - Visual application based on OEM drawings and decades of industry operational experience that enables customers to proactively identify obsolescence and inventory management issues. - Material Solutions (MS) - Fixed price and lead time model that allows the customer to set-up blanket contracts or purchase orders for obtaining needed parts with a focus on reduced overall cycle time. This paper will provide an overview of PAMS and showcase a case study of the PAMS Digitized deployment for an existing GEH customer. (authors)

  16. The Future of the U.S. Asset Management Industry

    OpenAIRE

    Shojai, Shahin

    2001-01-01

    The U.S. asset management industry is undergoing revolutionary change as a result of the Internet revolution. Power is shifting from large institutions to private investors, who are becoming reticent to pay mutual fund managers to underperform the indices. Today's individual investor is demanding the same personalization that has been common to institutional investors, and they are paying less for that privilege. For example, like institutions, individual investors can now choose their manage...

  17. A Case Study of Risk Informed Asset Management (RIAM) for Nuclear Power Plant

    International Nuclear Information System (INIS)

    Recently, the concern for Nuclear Asset Management (NAM) is increasing in nuclear industry. Asset Management is management of the financial assets of a company in order to maximize return. However, asset management in the nuclear industry is needed for coincidental consideration of nuclear safety and risk. Over fast several years, efforts for development of safety concerned and financial asset maximizing method, process and tools have been continued internationally. Risk Informed Asset Management (RIAM) is a methodology, process, and (eventually) software tool by which analyst review historical performance and develop predictive logic models and data analyses to provide plant manager and company decision-makers critical quantitative performance indicators

  18. Can we delay the replacement of this component?-an asset management approach to the question [for electric utilities

    DEFF Research Database (Denmark)

    Østergaard, Jacob; Jensen, A. Norsk

    2001-01-01

    evaluating consequences of replacing today or later, so the most cost-efficient solutions can be reached. A software system, VefoNet, has been developed in a common Nordic project. The system includes the described model as well as other asset management models. The system also includes a data collection......Asset management is emerging as a new approach on how to exploit an electric utility physical asset in the most profitable way. One of the major questions to answer by the asset management staff is when to do replacements? This is a difficult question, which require weighting of several parameters...... of totally different nature-e.g. reliability data, operating cost and condition information. This paper presents an asset management approach which answer the question "When to replace a component?" The presented model address the problem in direct economic terms, and the model is capable of...

  19. The landscape on an asset in Southern European fragile agriculture systems contrasts and contradiction in land managers attitudes and practices

    OpenAIRE

    Pinto-Correia, Teresa; Menezes, Helena; Barroso, Filipe

    2013-01-01

    Transition theories suggest that there is a spatial, temporal and structural co-existence of several processes of transition from productivism to post-productivism going on in rural areas in multiple combinations resulting in a more complex, contested, variable mix of production, consumption and protection goals. This is particularly true for South European landscapes dominated by extensive agro-silvo-pastoral systems. The fragile agricultural sector is in some cases just enter...

  20. The contribution of enterprise systems to core capabilities: the case of asset lifecycle management in the utilities sector

    OpenAIRE

    Woodworth, Simon James Fitzgerald

    2013-01-01

    The desire to obtain competitive advantage is a motivator for implementing Enterprise Resource Planning (ERP) Systems (Adam & O’Doherty, 2000). However, while it is accepted that Information Technology (IT) in general may contribute to the improvement of organisational performance (Melville, Kraemer, & Gurbaxani, 2004), the nature and extent of that contribution is poorly understood (Jacobs & Bendoly, 2003; Ravichandran & Lertwongsatien, 2005). Accordingly, Henderson and Venkatraman (1993) as...

  1. Essays on Market Microstructure, Behavioral Finance, and Asset Management

    Science.gov (United States)

    Jochec, Marek

    2009-01-01

    This is a study on various aspects of market microstructure, behavioral finance and asset management. In the first chapter we put the PIN variable (Probability of Information-based trading) to test. The PIN variable has been used extensively in the microstructure literature despite the fact that its construction is based on rather strong…

  2. Incentive structures in institutional asset management and their implications for financial markets

    OpenAIRE

    Bank for International Settlements

    2003-01-01

    Executive summary The institutional asset management industry has become an important feature of modern financial markets, with the scale of this business's importance readily apparent from the size of assets under management by different types of institutional asset managers. With asset management involving a delegation process, shaping appropriate incentive structures is essential for aligning the incentives of owners of funds with those of the institutional managers of these funds. Further...

  3. RFID-BASED REAL-TIME MANAGEMENT SYSTEM FOR FIXED ASSETS IN UNIVERSITIES%基于 RFID的高校实时固定资产管理系统

    Institute of Scientific and Technical Information of China (English)

    顾亦然; 戴晓罡

    2013-01-01

    采用电子标签和射频识读器来管理高校固定资产,改变传统的管理方式。将电子标签嵌入到固定资产内,管理员可以使用手持识读器对标签进行修改。遍布校园的分布识读器可以对全校的固定资产进行自动管理。将数据绑定在校园地图上,用户可以在电子地图上查询数据。提出一个任务调度算法,对嵌入式系统的CPU时间进行合理分配。通过应用该系统,高校固定资产管理的效率和准确性得到了极大的提高,同时降低了资产管理的成本。%The electronic tags and radio frequency reader are applied to manage the fixed assets in universities , this changes the traditional management means .By embedding the electronic tags into the fixed assets , the administrators can modify their information with handheld RFID reader.The distributed readers all around the campus can manage the fixed assets of the whole university automatically .By binding the data to the campus map , the users can query the data on e-map.In order to allocate the CPU time of embedded system reasonably , a task scheduling algorithm is proposed at the same time .Through the application of this system , the efficiency and accuracy of fixed assets management in universities will be greatly improved , and the management cost will be decreased as well .

  4. Sustainable construction building performance simulation and asset and maintenance management

    CERN Document Server

    2016-01-01

    This book presents a collection of recent research works that highlight best practice solutions, case studies and practical advice on the implementation of sustainable construction techniques. It includes a set of new developments in the field of building performance simulation, building sustainability assessment, sustainable management, asset and maintenance management and service-life prediction. Accordingly, the book will appeal to a broad readership of professionals, scientists, students, practitioners, lecturers and other interested parties.

  5. Asset management on books and reference materials in academic library supported by three-level information support system%三级文献保障体系下的高校图书资产管理探索

    Institute of Scientific and Technical Information of China (English)

    庄玫; 邵敏; 陈辉; 赵庆双

    2014-01-01

    在由校图书馆、专业图书馆和院系资料室构成的三级文献保障体系下,清华大学图书馆针对图书资产管理工作采用“分层控制、统一规范、动态管理”的管理模式,促进了资产管理的科学化与标准化,保障图书资产的连续性、完整性、完好性和共享性。该校图书馆还试用超高频RFID管理系统,提高了图书的动态管理水平,提高了图书馆工作人员的工作效率。%Supported-by-the-Three-level-Document-System-which-contains-Academic-library-,Branch-library-and-Reference-material-house-,one-special-asset-management-scheme-has-been-introduced-to-Tsinghua-University-Library-regarding-the-asset-management-of-books-and-reference-materials-.-The-scheme-consists-of-three-sections-which-are-the-level-dominated-control-,the-synchronized-standard-and-the-dynamic-management-.The-introduced-scheme-has-rationalized-the-asset-management-process-and-helped-to-secure-the-consistency-,-integrity-,quality-and-sharing-of-the-books-and-reference-materials-.

  6. 论商业银行资产负债比例管理控制论系统%ON THE CYBERNETIC SYSTEM OF THE COMMERCIAL BANK ASSET LIABILITY-RATIOS MANAGEMENT

    Institute of Scientific and Technical Information of China (English)

    彭建刚; Rudi Vander Vennet

    2000-01-01

    This paper presents the view on the innovation of commercial bank manangement. Authors combine financial theory with cybernetics and system theory to prove and elucidate a new bank management method: the cybernetic system of commercial bank asset-liability-ratios management.%本文提出了商业银行管理创新的观点,作者将金融理论、控制论、系统论有机地结合起来,提出并论证了一种新的银行管理方法:商业银行资产负债比例管理控制论系统.

  7. The possible influence of risk management, forecasting, and personnel training in physical asset management

    OpenAIRE

    Schoeman, Jacobus Smit; Vlok, Pieter-Jan

    2014-01-01

    The work presented in this paper highlights the possible effects of risk management, forecasting, and personnel training in the physical asset management environment. Each section is taken separately, and an argument is formed as to why it is important and what portion of the physical asset management five-year budget each should receive. This paper considers the long-term and short-term benefits in its conclusion that risk management should receive 60 per cent of the budget, personnel traini...

  8. Sustainable Water Infrastructure Asset Management: A Gap Analysis of Customer and Service Provider Perspectives

    Directory of Open Access Journals (Sweden)

    Sangjong Han

    2015-09-01

    Full Text Available The ultimate goal of urban water infrastructure asset management may be sustainable water supply with satisfaction for customers. In this work, we attempted to evaluate the gaps between the perspectives of customers and service providers in Korea’s water infrastructure asset management. To evaluate the customers’ perspective, a hierarchical questionnaire survey was conducted to estimate the weights of influence for six customer values and their attributes on Korean water utility management. To evaluate the service providers’ perspective, an AHP (Analytic Hierarchy Process analysis was performed to estimate the weights of influence for the customer values and their PIs (performance indicators. The gap analysis results show that customers place higher value on customer service satisfaction (emotion and information than do the service providers (managers, whereas the managers place more value on affordability than do the customers. The findings from this work imply that improving customer service is effective in satisfying the desirable water LOS (level of service for customers. Recommendations have also been provided for administrators and engineers to develop integrated decision-making systems that can reflect customer needs regarding the improvement of their water infrastructure asset management. The findings from this work may be helpful for the Korean government and water supply utilities in improving the sustainability of their water infrastructure asset management.

  9. Issues in the Establishment of Asset Management Companies

    OpenAIRE

    Stefan N. Ingves; Steven A. Seelig; Dong He

    2004-01-01

    This paper discusses the role of asset management companies (AMCs) in facilitating bank restructuring and specifies some policy lessons learned from international experience. The paper concludes that there is no single optimal solution but a combination of strategies that will vary from bank to bank and country to country. There are, however, common factors that contribute to the success of an AMC and these include the legal environment, leadership, independence, incentives, and commercial or...

  10. Systemic Risks, Financial Intermediaries, and Asset Markets

    OpenAIRE

    Gandhi, Priyank

    2012-01-01

    The credit crisis of 2007-2009 has sparked an enormous interest in the role that financial intermediaries play in our economy. Recent literature examines how financial intermediaries affect not only macro-economic variables but also asset markets such as the stock and the bond markets. The underlying theme in this recent literature is that the function of financial intermediaries in our asset markets is not yet completely understood and requires further study. This dissertation is based on th...

  11. Chemical cleaning an essential part of steam generator asset management

    International Nuclear Information System (INIS)

    Chemical Cleaning an essential part of Steam Generator asset management accumulation of deposits is intrinsic for the operation of Steam Generators in PWRs. Such depositions often lead to reduction of thermal performance, loss of component integrity and, in some cases to power restrictions. Accordingly removal of such deposits is an essential part of the asset management of the Steam Generators in a Nuclear Power Plant. Every plant has its individual condition, history and constraints which need to be considered when planning and performing a chemical cleaning. Typical points are: - Sludge load amount and constitution of the deposits - Sludge distribution in the steam generator - Existing or expected corrosion problems - Amount and tendency of fouling for waste treatment Depending on this points the strategy for chemical cleaning shall be evolved. the range of treatment starts with very soft cleanings with a removal of approx 100 kg per steam generator and goes to a full scale cleaning which can remove up to several thousand kilograms of deposits from a steam generator. Depending on the goal to be achieved and the steam generator present an adequate cleaning method shall be selected. This requires flexible and 'customisable' cleaning methods that can be adapted to the individual needs of a plant. Such customizing of chemical cleaning methods is an essential factor for an optimized asset management of the steam generator in a nuclear power plant

  12. A Proactive Aging/Asset Management Model to Optimize Equipment Maintenance Resources Over Plant Lifetime

    International Nuclear Information System (INIS)

    Experience has shown that proactive aging/asset management can best be defined as an ongoing process. Station goals directly supported by such a process include reducing Unplanned Capability Loss Factor and gaining the optimum value from maintenance and aging management budgets. An effective aging/asset management process must meet evolving and sometimes conflicting requirements for efficient and reliable nuclear power plant operation. The process should identify most likely contributors before they fail, and develop cost-effective contingencies. Current trends indicate the need for focused tools that give quantitative input to decision-making. Opposing goals, such as increasing availability while optimizing aging management budgets, must be balanced. Recognizing the importance of experience in reducing the uncertainty inherent in predicting equipment degradation rates, nuclear industry demographics suggest the need to capture existing expert knowledge in a usable form. The Proactive Aging/Asset Management Process has been developed to address these needs. The proactive approach is a process supported by tools. The process identifies goals and develops criteria - including safety, costs, and power production - that are used to prioritize systems and equipment across the plant. The process then draws upon tools to most effectively meet the plant's goals. The Proactive Aging/Asset Management ModelTM is one software-enabled tool designed for mathematical optimization. Results assist a plant in developing a plant-wide plan of aging management activities. This paper describes the proactive aging/asset management process and provides an overview of the methodology that has been incorporated in a model to perform a plant-wide optimization of aging management activities. (authors)

  13. Project management assets and project management performance outcomes: Exploratory factor analysis

    OpenAIRE

    Gita Mathur; Kam Jugdev; Tak Shing Fung

    2013-01-01

    Purpose – The purpose of this paper is to examine characteristics of project management assets and project management performance outcomes as a step towards exploring the link between assets being valuable, rare, inimitable, and having organizational support and the achievement of competitive advantage. Design/methodology/approach – This paper analyzes data from responses to an online survey by 198 North American Project Management Institute® members. Exploratory factor analysis is used to id...

  14. Can we delay the replacement of this component?-an asset management approach to the question [for electric utilities

    DEFF Research Database (Denmark)

    Østergaard, Jacob; Jensen, A. Norsk

    2001-01-01

    Asset management is emerging as a new approach on how to exploit an electric utility physical asset in the most profitable way. One of the major questions to answer by the asset management staff is when to do replacements? This is a difficult question, which require weighting of several parameter...... system based on Windows CE handheld computers which are presented in this paper. The calculations shown in the paper are based on this tool, and the software system is today available and used by Danish electric utilities....

  15. Electronic integrated disease surveillance system and pathogen asset control system.

    Science.gov (United States)

    Wahl, Tom G; Burdakov, Aleksey V; Oukharov, Andrey O; Zhilokov, Azamat K

    2012-01-01

    Electronic Integrated Disease Surveillance System (EIDSS) has been used to strengthen and support monitoring and prevention of dangerous diseases within One Health concept by integrating veterinary and human surveillance, passive and active approaches, case-based records including disease-specific clinical data based on standardised case definitions and aggregated data, laboratory data including sample tracking linked to each case and event with test results and epidemiological investigations. Information was collected and shared in secure way by different means: through the distributed nodes which are continuously synchronised amongst each other, through the web service, through the handheld devices. Electronic Integrated Disease Surveillance System provided near real time information flow that has been then disseminated to the appropriate organisations in a timely manner. It has been used for comprehensive analysis and visualisation capabilities including real time mapping of case events as these unfold enhancing decision making. Electronic Integrated Disease Surveillance System facilitated countries to comply with the IHR 2005 requirements through a data transfer module reporting diseases electronically to the World Health Organisation (WHO) data center as well as establish authorised data exchange with other electronic system using Open Architecture approach. Pathogen Asset Control System (PACS) has been used for accounting, management and control of biological agent stocks. Information on samples and strains of any kind throughout their entire lifecycle has been tracked in a comprehensive and flexible solution PACS.Both systems have been used in a combination and individually. Electronic Integrated Disease Surveillance System and PACS are currently deployed in the Republics of Kazakhstan, Georgia and Azerbaijan as a part of the Cooperative Biological Engagement Program (CBEP) sponsored by the US Defense Threat Reduction Agency (DTRA). PMID:23327375

  16. Electronic Integrated Disease Surveillance System and Pathogen Asset Control System

    Directory of Open Access Journals (Sweden)

    Tom G. Wahl

    2012-06-01

    Full Text Available Electronic Integrated Disease Surveillance System (EIDSS has been used to strengthen and support monitoring and prevention of dangerous diseases within One Health concept by integrating veterinary and human surveillance, passive and active approaches, case-based records including disease-specific clinical data based on standardised case definitions and aggregated data, laboratory data including sample tracking linked to each case and event with test results and epidemiological investigations. Information was collected and shared in secure way by different means: through the distributed nodes which are continuously synchronised amongst each other, through the web service, through the handheld devices. Electronic Integrated Disease Surveillance System provided near real time information flow that has been then disseminated to the appropriate organisations in a timely manner. It has been used for comprehensive analysis and visualisation capabilities including real time mapping of case events as these unfold enhancing decision making. Electronic Integrated Disease Surveillance System facilitated countries to comply with the IHR 2005 requirements through a data transfer module reporting diseases electronically to the World Health Organisation (WHO data center as well as establish authorised data exchange with other electronic system using Open Architecture approach. Pathogen Asset Control System (PACS has been used for accounting, management and control of biological agent stocks. Information on samples and strains of any kind throughout their entire lifecycle has been tracked in a comprehensive and flexible solution PACS.Both systems have been used in a combination and individually. Electronic Integrated Disease Surveillance System and PACS are currently deployed in the Republics of Kazakhstan, Georgia and Azerbaijan as a part of the Cooperative Biological Engagement Program (CBEP sponsored by the US Defense Threat Reduction Agency (DTRA.

  17. Adding intelligence to mobile asset management in hospitals: the true value of RFID.

    Science.gov (United States)

    Castro, Linda; Lefebvre, Elisabeth; Lefebvre, Louis A

    2013-10-01

    RFID (Radio Frequency Identification) technology is expected to play a vital role in the healthcare arena, especially in times when cost containments are at the top of the priorities of healthcare management authorities. Medical equipment represents a significant share of yearly healthcare operational costs; hence, ensuring an effective and efficient management of such key assets is critical to promptly and reliably deliver a diversity of clinical services at the patient bedside. Empirical evidence from a phased-out RFID implementation in one European hospital demonstrates that RFID has the potential to transform asset management by improving inventory management, enhancing asset utilization, increasing staff productivity, improving care services, enhancing maintenance compliance, and increasing information visibility. Most importantly, RFID allows the emergence of intelligent asset management processes, which is, undoubtedly, the most important benefit that could be derived from the RFID system. Results show that the added intelligence can be rather basic (auto-status change) or a bit more advanced (personalized automatic triggers). More importantly, adding intelligence improves planning and decision-making processes. PMID:23943057

  18. Development of Mobile Mapping System for 3D Road Asset Inventory.

    Science.gov (United States)

    Sairam, Nivedita; Nagarajan, Sudhagar; Ornitz, Scott

    2016-01-01

    Asset Management is an important component of an infrastructure project. A significant cost is involved in maintaining and updating the asset information. Data collection is the most time-consuming task in the development of an asset management system. In order to reduce the time and cost involved in data collection, this paper proposes a low cost Mobile Mapping System using an equipped laser scanner and cameras. First, the feasibility of low cost sensors for 3D asset inventory is discussed by deriving appropriate sensor models. Then, through calibration procedures, respective alignments of the laser scanner, cameras, Inertial Measurement Unit and GPS (Global Positioning System) antenna are determined. The efficiency of this Mobile Mapping System is experimented by mounting it on a truck and golf cart. By using derived sensor models, geo-referenced images and 3D point clouds are derived. After validating the quality of the derived data, the paper provides a framework to extract road assets both automatically and manually using techniques implementing RANSAC plane fitting and edge extraction algorithms. Then the scope of such extraction techniques along with a sample GIS (Geographic Information System) database structure for unified 3D asset inventory are discussed. PMID:26985897

  19. Development of Mobile Mapping System for 3D Road Asset Inventory

    Science.gov (United States)

    Sairam, Nivedita; Nagarajan, Sudhagar; Ornitz, Scott

    2016-01-01

    Asset Management is an important component of an infrastructure project. A significant cost is involved in maintaining and updating the asset information. Data collection is the most time-consuming task in the development of an asset management system. In order to reduce the time and cost involved in data collection, this paper proposes a low cost Mobile Mapping System using an equipped laser scanner and cameras. First, the feasibility of low cost sensors for 3D asset inventory is discussed by deriving appropriate sensor models. Then, through calibration procedures, respective alignments of the laser scanner, cameras, Inertial Measurement Unit and GPS (Global Positioning System) antenna are determined. The efficiency of this Mobile Mapping System is experimented by mounting it on a truck and golf cart. By using derived sensor models, geo-referenced images and 3D point clouds are derived. After validating the quality of the derived data, the paper provides a framework to extract road assets both automatically and manually using techniques implementing RANSAC plane fitting and edge extraction algorithms. Then the scope of such extraction techniques along with a sample GIS (Geographic Information System) database structure for unified 3D asset inventory are discussed. PMID:26985897

  20. Evaluation of the importance of the 39 subjects defined by the global forum for maintenance and asset management

    Directory of Open Access Journals (Sweden)

    Visser, Jacobus Krige

    2015-05-01

    Full Text Available The Global Forum on Maintenance and Asset Management (GFMAM was formed in 2011 to bring together various experts, practitioners, academics, and other professionals who are active in the field of asset and maintenance management. The primary mission of GFMAM is to develop and promote knowledge, standards, and education for the maintenance and asset management professions. To fulfil this mission, GFMAM developed an ‘Asset Management Landscape’ document, which defines 39 subjects on asset management, grouped into six main subject areas. This paper reports on two surveys that were conducted to determine the importance of the 39 asset management subjects. Respondents were requested to rate the importance of each of the 39 subjects on a five-point scale. Results from the survey indicated that the five most important subjects are ‘asset management strategy and objectives’, ‘asset management policy’, ‘strategic planning’, ‘asset management planning’, and ‘asset management leadership’.

  1. Positioning the Learning Asset Portfolio as a Key Component in an Organization's Enterprise Risk Management Strategy

    Science.gov (United States)

    McAliney, Peter J.

    2009-01-01

    This article presents a process for valuing a portfolio of learning assets used by line executives across industries to value traditional business assets. Embedded within the context of enterprise risk management, this strategic asset allocation process is presented step by step, providing readers the operational considerations to implement this…

  2. Achieving robust interchangeability of test assets in ATE systems

    CERN Document Server

    Oblad, R P

    1999-01-01

    This paper identities the key issues that have made if so difficult to achieve asset interchangeability. Several of the historical attempts to solve the problem of asset interchangeability are described, along with an analysis of the reasons that they did not achieve the expected results. Specific topics that are covered are SCPI, VXIplug&play, IVI, ATLAS, and Measurement Subsystems. Principles associated with the ownership of interfaces will be outlined. Finally, a set of rules and principles will be discussed that must be applied to achieve robust asset interchangeability. Robust is defined as interchangeability that can be "guaranteed" without testing all TPSs against the modified test system. (9 refs).

  3. Evaluation of the importance of the 39 subjects defined by the global forum for maintenance and asset management

    OpenAIRE

    Visser, Jacobus Krige; Botha, Arnold

    2015-01-01

    The Global Forum on Maintenance and Asset Management (GFMAM) was formed in 2011 to bring together various experts, practitioners, academics, and other professionals who are active in the field of asset and maintenance management. The primary mission of GFMAM is to develop and promote knowledge, standards, and education for the maintenance and asset management professions. To fulfil this mission, GFMAM developed an ‘Asset Management Landscape’ document, which defines 39 subjects on asset manag...

  4. Chemical cleaning - essential for optimal steam generator asset management

    International Nuclear Information System (INIS)

    Accumulation of deposits in Steam Generator is intrinsic during the operation of Pressurized Water Reactors. Such depositions lead to reduction of thermal performance, loss of component integrity and, in some cases, to power restrictions. Accordingly, removal of such deposits is an essential part of the asset management program of Steam Generators. Every plant has specific conditions, history and constraints which must be considered when planning and performing a chemical cleaning. Typical points are: -Constitution of the deposits or sludge - Sludge load - Sludge distribution in the steam generator - Existing or expected corrosion problems - Amount and tendency of fouling for waste treatment The strategy for chemical cleaning is developed from these points. The range of chemical cleaning treatments starts with very soft cleanings which can remove approximately 100kg per steam generator and ends with full scale, i.e., hard, cleanings which can remove several thousand kilograms of deposits from a steam generator. Dependent upon the desired goal for the operating plant and the steam generator material condition, the correct cleaning method can be selected. This requires flexible cleaning methods that can be adapted to the individual needs of a plant. Such customizing of chemical cleaning methods is a crucial factor for an optimized asset management program of steam generators in a nuclear power plant

  5. How does assets-liabilities management affects the profitability of banks?

    OpenAIRE

    Ioan TRENCA; Mihail-Ioan COCIUBA

    2014-01-01

    The economic crisis has affected the stability of the financial institutions (banks) and the instability from the banking sector affected the real economy. Some banks were affected more than others and in this paper we analyze the stability and profitability of banks from the point of the asset-liability management. Assets-liabilities management (ALM) is the management of risk at bank level, the structure of the assets and liabilities of the banks may show which are the differences between th...

  6. SMS based Android asset tracking system

    OpenAIRE

    Olufowobi, Lawal

    2011-01-01

    As security increasingly becomes not just the concern of security institutions but also that of small companies and individuals, there is a need to offer a solution for everyday common problems of monitoring and tracking valuable assets such as cars, pets, motor-bikes and other valuables. This solution has to be cheap, convenient and inexpensive to be adopted by the general mass of people. This project provides such a solution with the use of a mobile phone for monitoring an SMS-based GPS ...

  7. 供电企业的资产全寿命周期管理评价指标体系构建%Evaluation Index System of Asset Life Cycle Management for Power Supply Enterprises

    Institute of Scientific and Technical Information of China (English)

    李彩萍; 李金鹏; 岳超源; 吴相林

    2011-01-01

    Based on the analysis of the evaluation index system of assets life cycle management for the National Grid Company, and with regard to the present situation of the domestic power grid assets' management, this paper proposed a new evaluation index system for power supply enterprise's assets life cycle management, which contains four phases( research plan, preliminary design of purchasing construction, operation maintenance, discarding and retire- ment) and covers three aspects of safety, efficiency and life cycle cost. The proposed system includes 22 indices, each of which is applicable for a specific cycle stage and is illustrated respectively by the evaluation cases.%在分析和借鉴国家电网公司资产全寿命周期管理评价指标体系的基础上,结合电网资产管理的内容和特点,提出适用于供电企业的包括规划可研、初设采购建设、运行维护和退役报废四个阶段的资产全寿命周期管理评价指标体系。该指标体系涵盖安全、效能和周期成本三方面,共包含22个指标,且各指标都有明显的适用周期阶段。对各指标作简要分析并给出评价实例。

  8. What Trustees Need to Know About Investment Managers and Asset Allocation.

    Science.gov (United States)

    Morrell, Louis R.

    1986-01-01

    Two important responsibilities of a trustee investment committee are the selection of the managers and the asset allocation of the endowment fund. Benefits from outside management include the ability to select firms that specialize in a particular segment of the market and the spreading of assets to reduce risk. (Author/MLW)

  9. Managing Guest as an Asset: a Conceptual Review in the Context of Accommodation Services

    OpenAIRE

    Dwi Suhartanto

    2015-01-01

    This article discusses the concept of a customer as an asset of business in the accommodation industry. The purpose of this article is to examine the value of guests as a firm asset and to propose a model for managing guests as an asset in the context of accommodation services. A guest is considered an asset due to its role in providing revenue to the accommodation firm. Because of this role, the accommodation guest needs to be managed appropriately. This article argues that guest service eva...

  10. Commercial Building Energy Asset Score System: Program Overview and Technical Protocol (Version 1.0)

    Energy Technology Data Exchange (ETDEWEB)

    Wang, Na; Gorrissen, Willy J.

    2013-01-11

    The U.S. Department of Energy (DOE) is developing a national voluntary energy asset score system that includes an energy asset score tool to help building owners evaluate their buildings with respect to the score system. The goal of the energy asset score system is to facilitate cost-effective investment in energy efficiency improvements of commercial buildings. The system will allow building owners and managers to compare their building infrastructure against peers and track building upgrade progress over time. The system can also help other building stakeholders (e.g., building operators, tenants, financiers, and appraisers) understand the relative efficiency of different buildings in a way that is independent from their operations and occupancy. This report outlines the technical protocol used to generate the energy asset score, explains the scoring methodology, and provides additional details regarding the energy asset score tool. This report also describes alternative methods that were considered prior to developing the current approach. Finally, this report describes a few features of the program where alternative approaches are still under evaluation.

  11. The role of responsible investing in reputation management - A case study of an asset management company

    OpenAIRE

    Rankila, Oskari

    2011-01-01

    AALTO SCHOOL OF ECONOMICS ABSTRACT International Business Communication Master’s Thesis April 20, 2011 Oskari Rankila The Role of Responsible Investing in Reputation Management A Case Study of an Asset Management Company Objectives of the study The objective of this study was to investigate the role of responsible investing (RI) in reputation management. The study aims to explore the perceptions of the case company’s employees and its institutional clients about commu...

  12. Sovereign Wealth and Risk Management. A New Framework for Optimal Asset Allocation of Sovereign Wealth

    OpenAIRE

    Bodie, Zvi; Brière, Marie

    2013-01-01

    This paper sets out a new analytical framework for optimal asset allocation of sovereign wealth, based on the theory of contingent claim ana lysis (CCA) applied to the sovereign’s economic balance sheet. A country solves an asset-l iability management (ALM) problem between its sources of income and its expenditures. We derive analytically the optimal asset allocation of sovereign wealth, taking explic it account of all sources of risks affecting the sovereign’s balance sheet. The optima l com...

  13. Asset deterioration and discolouration in water distribution systems.

    Science.gov (United States)

    Husband, P S; Boxall, J B

    2011-01-01

    Water Distribution Systems function to supply treated water safe for human consumption and complying with increasingly stringent quality regulations. Considered primarily an aesthetic issue, discolouration is the largest cause of customer dissatisfaction associated with distribution system water quality. Pro-active measures to prevent discolouration are sought yet network processes remain insufficiently understood to fully justify and optimise capital or operational strategies to manage discolouration risk. Results are presented from a comprehensive fieldwork programme in UK water distribution networks that have determined asset deterioration with respect to discolouration. This is achieved by quantification of material accumulating as cohesive layers on pipe surfaces that when mobilised are acknowledged as the primary cause of discolouration. It is shown that these material layers develop ubiquitously with defined layer strength characteristics and at a consistent and repeatable rate dependant on water quality. For UK networks iron concentration in the bulk water is shown as a potential indicator of deterioration rate. With material layer development rates determined, management decisions that balance discolouration risk and expenditure to maintain water quality integrity can be justified. In particular the balance between capital investment such as improving water treatment output or pipe renewal and operational expenditure such as the frequency of network maintenance through flushing may be judged. While the rate of development is shown to be a function of water quality, the magnitude (peak or average turbidity) of discolouration incidents is shown to be dominated by hydraulic conditions. From this it can be proposed that network hydraulic management, such as regular periodic 'stressing', is a potential strategy in reducing discolouration risk. The ultimate application of this is the hydraulic design of self-cleaning networks to maintain discolouration risk

  14. The Shamans of Wall Street: A Real Conundrum in Finance. Why Systematically Poor Performing Asset Managers Survive?

    OpenAIRE

    Delgado, Fransico A.; Cueto, Diego C.

    2012-01-01

    In this paper we propose a behavioral explanation for the survival of poorly performing asset managers. We argue that, in general, asset managers make use of copious amounts of correct but useless information to convince investors about their supposed superior ability to interpret the market. Their marketing skills and motivational speeches seem to be enough to maintain asset managers in business regardless of the results. We present data that show how bad a number of asset managers can be. W...

  15. Research on Knowledge Assets Assessment Based on the Context of the Global Knowledge Management

    OpenAIRE

    Jiansheng Tang; Chenghong Li

    2010-01-01

    This article thinks that knowledge management includes knowledge learning and knowledge innovation, thevalue of knowledge in these two areas is produced, and after these two processes, have knowledge assets. In thispaper, the ideas and methods of assessment about knowledge assets are proposed in the field of knowledgemanagement, and analysis and research on these methods.

  16. Managing Gap: A Case Study Approach to Asset-Liability Management of Banks

    OpenAIRE

    Madhu Vij

    2005-01-01

    The importance of managing the asset-liability mix in the Indian financial markets has emerged from the increased volatility in the domestic interest rates as well as foreign exchange rates that has evolved after liberalization. The deregulated interest rate environment has brought pressure on the management of banks to maintain a good balance among spreads, profitability and long-term viability. Over the last few years, theire has been an intense competition and banks have been required to t...

  17. Management problems intangible assets of private enterprise on the basis of its assessment of the level of investment activity

    OpenAIRE

    Приймачук, Ирина Васильевна

    2015-01-01

    The article studies the economic substance of the category of «intangible assets». The definition of this economic category. Calculation of the value of intangible assets is based on the calculation of the current value of the investment in the creation of these assets. The necessity of allocating costs of investment character of the totality of the cost of the intangible assets. Expanded classification of areas for management intangible assets by assessing the level of investment activity an...

  18. Asset Management The State of the Art in Europe from a Life Cycle Perspective

    CERN Document Server

    Herder, Paulien; Wijnia, Ype

    2012-01-01

    In the past decades asset intensive companies have witnessed a number of regulatory changes and especially industry is facing ever increasing competitiveness. To overcome these challenges different asset management methods have been developed aimed to improve the asset life cycle. Especially the design phase and operation and maintenance phase have seen a rise in tools and methods. Smarter design can lead to improved operation. Likewise, improved operation and maintenance leads to lower replacement costs and may provide the basis for better design.   This book brings together and coherently presents the current state of the art in asset management research and practice in Europe from a life cycle perspective. Each chapter  focuses on specific parts of this life cycle and explains how the methods and techniques described are connected and how they improve the asset life cycle, thus treating this important subject from a unique perspective.

  19. The Application of the Analytic Network Process in Evaluating Assets Management of the Institution of Higher Education

    OpenAIRE

    Yong Zhao; Chunyan Shao

    2010-01-01

    The Analytic Network Process is a decision method developing on the basis of AHP. This article introduced thebasic theory of ANP and discussed its application in evaluating assets management of the institution of highereducation through establishing evaluation index system and confirming the weight of every index.

  20. Management of marketing activities of research companies on the basis of rating evaluation of intangible assets

    Directory of Open Access Journals (Sweden)

    O.V. Kudyrko

    2013-06-01

    Full Text Available The article considered the essence of management of marketing research companies on the basis of intangible assets ratings.Despite the quantitative growth of the research market remain actual such problem as the market niche definition, the formation of own customer network, the effective positioning on the market. There are no objections that it is impossible to win the competition relying only on the strengths of tangible assets using. Competitive of the research companies is determined by using not only productive assets and financial resources, but also intangible assets. Thus, there is a need of using special tools for competitiveness improving. In such circumstances, the development and increase of intangible assets as estimated part of research companies can be a tool for services of research companies promotion.The aim of the article. In the article is outlined the role of marketing activities management of the research companies based on ratings and creation of the ranking algorithm for research companies by the development of intangible assets. After having formed a clear idea about the role of intangible assets in the manufacturing process of research organizations can be identified areas of the efficiency of the company improving and development its strategy on the market that will provide future growth and competitiveness of research companies.The results of analysis. Research companies are interested in certain ratings of intangible assets indicators of their activities. Conducted rating score will serve as an indicator of the company's competitiveness on the market and determine the degree of intangible assets. Feature is the development level of intangible assets that will be estimated in terms of appropriate research companies` customer, which in turn will determine the positioning of the company in the potential consumers minds.Ratings using in the management of marketing activities of research companies will be named rating

  1. COOPERATION WITH ASSETS MANAGEMENT COMPANIES AS THE INVESTMENT ACTIVITY OF INSURANCE COMPANIES

    OpenAIRE

    Sinitsyna, T.

    2008-01-01

    The article explores the peculiarities of investment activity of local insurance companies there is analyze of one of the option using the investment opportunities of insurance companies in the way of cooperation with assets management companies.

  2. Perpetual Asset Management of Customer-Based Brand Equity-The PAM Evaluator

    Directory of Open Access Journals (Sweden)

    Pallabi Mishra and Biplab Datta

    2011-01-01

    Full Text Available Customers and brands are the two most important intangible assets of any organization. This is a study about managing brands from customers viewpoints named as perpetual asset management. A model named as PAM evaluator has been formulated to discuss the importance of the effect of the brand assets treated as antecedents like brand name, awareness, personality and consequences like brand preference and purchase intention on customer based brand equity. The brand Nokia has been taken for the research. Hypotheses have been proposed and tested by using Structural Equation M odeling (SEM.

  3. Wealth Management, Asset Allocation and its relevance in the Singapore context

    OpenAIRE

    Ng, Kian Soon

    2008-01-01

    This paper tackles the necessity of wealth management for individuals, looks at the current trends of wealth management in the country. It will discuss the details of the different investible asset classes in Singapore and provide recommendation on how an individual can structure his investments across different asset classes to achieve a sizeable portfolio by the time he retires with the objective to earn good returns over the long term. It starts by reviewing the recent development o...

  4. A dynamic decision model for portfolio investment and assets management

    Institute of Scientific and Technical Information of China (English)

    QIAN Edward Y.; FENG Ying; HIGGISION James

    2005-01-01

    This paper addresses a dynamic portfolio investment problem. It discusses how we can dynamically choose candidate assets, achieve the possible maximum revenue and reduce the risk to the minimum level. The paper generalizes Markowitz's portfolio selection theory and Sharpe's rule for investment decision. An analytical solution is presented to show how an institutional or individual investor can combine Markowitz's portfolio selection theory, generalized Sharpe's rule and Value-at-Risk(VaR) to find candidate assets and optimal level of position sizes for investment (dis-investment). The result shows that the generalized Markowitz's portfolio selection theory and generalized Sharpe's rule improve decision making for investment.

  5. Application of a fully-integrated groundwater-surface water flow model in municipal asset management

    Science.gov (United States)

    Bowman, L. K.; Unger, A.; Jones, J. P.

    2014-12-01

    Access to affordable potable water is critical in the development and maintenance of urban centres. Given that water is a public good in Canada, all funds related to operation and maintenance of the drinking water and wastewater networks must come from consumers. An asset management system can be put in place by municipalities to more efficiently manage their water and wastewater distribution system to ensure proper use of these funds. The system works at the operational, tactical, and strategic levels, thus ensuring optimal scheduling of operation and maintenance activities, as well as prediction of future water demand scenarios. At the operational level, a fully integrated model is used to simulate the groundwater-surface water interaction of the Laurel Creek Watershed, of which 80% is urbanized by the City of Waterloo. Canadian municipalities typically lose 13% of their potable water through leaks in watermains and sanitary sewers, and sanitary sewers often generate substantial inflows from fractures in pipe walls. The City of Waterloo sanitary sewers carry an additional 10,000 cubic meters of water to wastewater treatment plants. Therefore, watermain and sanitary sewers present a significant impact on the groundwater-surface water interaction, as well as the affordability of the drinking water and wastewater networks as a whole. To determine areas of concern within the network, the integrated groundwater-surface water model also simulates flow through the City of Waterloo's watermain and sanitary sewer networks. The final model will be used to assess the interaction between measured losses of water from the City of Waterloo's watermain system, infiltration into the sanitary sewer system adjacent to the watermains, and the response of the groundwater system to deteriorated sanitary sewers or to pipes that have been recently renovated. This will ultimately contribute to the City of Waterloo's municipal asset management plan.

  6. Asset management. Combining knowledge and information for the energy sector

    International Nuclear Information System (INIS)

    In recent years information flows have diversified and information management has become increasingly important because of a change in organisation structure. Nowadays, state-of-the-art technology makes it possible to combine data and knowledge. This should result in cost minimization and revenue maximization. Gastec (Dutch centre for Gas technology) and KEMA (Research and Development, Engineering and Consultant for the Electric Power Industry) carried out a definition study into the opportunities of integrated network management in the energy sector. First calculations show that such a system may lead to cost reductions of up to 25%

  7. Management and auditing of bank assets and capital / T. Bosch

    OpenAIRE

    Bosch, Thahir

    2008-01-01

    As a result of the new regulatory prescripts for banks, known as the Basel II Capital Accord, there has been a heightened interest in the auditing process. We consider this issue with a particular emphasis on the auditing of reserves, assets and capital in both a random and non-random framework. The analysis relies on the stochastic dynamic modelling of banking items such as loans, shares, bonds, cash, reserves, Treasuries, outstanding debts, bank capital and government subsidies. In this reg...

  8. Does Culture Influence Asset Managers' Views and Behavior?

    OpenAIRE

    Beckmann, Daniela; Menkhoff, Lukas; Suto, Megumi

    2008-01-01

    This research enters new ground by presenting comparative survey evidence on asset managers’ views and behavior in the United States, Germany, Japan and Thailand. Relying on Hofstede's four cultural dimensions, we find that cultural differences are most helpful in understanding country differences which cannot be explained by pure economic reasoning. In short, controlling for various determinants, the dimension of more Individualism predicts less herding behavior, more Power Distance leads to...

  9. NIF Project Management System Description

    Energy Technology Data Exchange (ETDEWEB)

    Wolfe, C.R.

    1997-08-01

    This document has been prepared for two purposes: 1. To demonstrate compliance with the project management requirements of DOE Order 430. 1, Life-Cycle Asset Management (LCAM). 2. To summarize in one place the approved Project documents which, taken as a whole, describe the NIF Project Management System.

  10. Management of marketing activities of research companies on the basis of rating evaluation of intangible assets

    OpenAIRE

    O.V. Kudyrko

    2013-01-01

    The article considered the essence of management of marketing research companies on the basis of intangible assets ratings.Despite the quantitative growth of the research market remain actual such problem as the market niche definition, the formation of own customer network, the effective positioning on the market. There are no objections that it is impossible to win the competition relying only on the strengths of tangible assets using. Competitive of the research companies is determined by ...

  11. Knowledge Management: the way companies generate, communicate and leverage their intellectual assets.

    OpenAIRE

    Choong, Wai Hoong

    2004-01-01

    The dissertation title is “Knowledge Management: the way companies generate, communicate and leverage their intellectual assets.” The dissertation focuses on how organisations generate knowledge, in terms of information processing or via knowledge creation and innovation. The research also investigates how organisations communicate their acquired knowledge within the organizations’ individuals and groups and the ways organisation leverages their intellectual assets to obtain competitive advan...

  12. Earnings management using asset sales: Interesting issues for further study under unique institutional settings

    OpenAIRE

    Chuan-San Wang; Samuel Tung; Lin Chen-Chang; Wang Lan-Fen; Lai Ching-Hui

    2010-01-01

    Purpose – The paper aims to clarify the relationship between earnings management and the sale of long-lived assets and investments for firms listed in Taiwan. In addition, it suggests several interesting issues for further studies by proposing that positive earnings are one of the necessary conditions for the companies to issue bonds or new shares. Design/methodology/approach – The paper uses archival data and regression analysis to document empirical evidence that assets sales are one of the...

  13. The Enterprise Value Creation Management Process and Intangible Assets - the CERM/ROIAM Approach (Japanese)

    OpenAIRE

    Kariya, Takeaki

    2006-01-01

    As Robert Redfield has stated, culture is a shared common knowledge and understanding to be manifested in behavior and processed goods. Intangible assets are the fundamental source of enterprise value creation. In this paper we first aim to clarify the compound, complex and multilayered processes whereby intangible assets contribute to value creation, and then aim to formulate the framework of an effective and comprehensive management process referred to as CERM/ROIAM. This approach makes it ...

  14. Fully Distributed Monitoring Architecture Supporting Multiple Trackees and Trackers in Indoor Mobile Asset Management Application

    OpenAIRE

    Seol Young Jeong; Hyeong Gon Jo; Soon Ju Kang

    2014-01-01

    A tracking service like asset management is essential in a dynamic hospital environment consisting of numerous mobile assets (e.g., wheelchairs or infusion pumps) that are continuously relocated throughout a hospital. The tracking service is accomplished based on the key technologies of an indoor location-based service (LBS), such as locating and monitoring multiple mobile targets inside a building in real time. An indoor LBS such as a tracking service entails numerous resource lookups being ...

  15. Risk based bridge data collection and asset management and the role of structural health monitoring

    Science.gov (United States)

    Omenzetter, Piotr; Bush, Simon; Henning, Theunis; McCarten, Peter

    2011-04-01

    Bridges are critical to the operation and functionality of the whole road networks. It is therefore essential that specific data is collected regarding bridge asset condition and performance, as this allows proactive management of the assets and associated risks and more accurate short and long term financial planning. This paper proposes and discusses a strategy for collection of data on bridge condition and performance. Recognizing that risk management is the primary driver of asset management, the proposed strategy prioritizes bridges for levels of data collection including core, intermediate and advanced. Individual bridges are seen as parts of wider networks and bridge risk and criticality assessment emphasizes bridge failure or underperformance risk in the network context. The paper demonstrates how more reliable and detailed data can assist in managing network and bridge risks and provides a rationale for application of higher data collection levels for bridges characterized by higher risk and criticality. As the bridge risk and/or criticality increases planned and proactive integration of structural health monitoring (SHM) data into asset management is outlined. An example of bridge prioritization for data collection using several bridges taken from a national highway network is provided using an existing risk and criticality scoring methodology. The paper concludes with a discussion on the role of SHM in data collection for bridge asset management and where SHM can make the largest impacts.

  16. Knowledge Management System- A STUDY

    OpenAIRE

    Nidhi Agrawal

    2014-01-01

    Every organization and institute is facing the savior problem of generating the knowledge on the basis of their assets. Knowledge management is very indispensable for any organization. We discuss about the knowledge management through this paper. This paper provide an outline of knowledge management and how knowledge management is useful to improve the quality of the educational institute. With the help of knowledge management system we can manage any information. We can defin...

  17. Intangible Assets

    OpenAIRE

    Toubal, Farid

    2009-01-01

    The integration of the world economy has underlined the need for firms to exploit their intangible assets on a global scale. Firms' intangible assets include their stock of knowledge, which is related to ideas, research and development (R&D), patent and blueprints, scientific and technical workers, and management techniques. In addition, intangible assets consist of their stock of goodwill, which is associated with product

  18. The Survey of the Conservative Relationship between the Intangible Assets and Management Performance Ratio

    Directory of Open Access Journals (Sweden)

    Roya Darabi

    2013-07-01

    Full Text Available In this study, we investigate the relationship between the management performance and conservatism according to two conservatism scales, namely the profit time- asymmetry scale and the market to book value ratio. The objective of the current study is to survey the conservative relationship between intangible assets and management performance ratios. To achieve this goal, two hypotheses are being posed. To test the study hypothesis, the data from 108 companies, accepted in the Tehran's stock exchange market between the years from 2005 to 2011, was used by taking advantage of targeted systematic sampling method. The company's management performance is related to two factors, intangible assets and conservatism and in fact intangible assets and conservatism are regarded as two independent variables in the present study which have an influence on the management performance. In the present study, the Basu model has been used to measure the conservativeness from the profit and loss perspective and the book to market value ratio has been taken advantage of as well, which is a balance sheet model. The current study methodology is functional from the objective point of view and it is correlation-descriptive from the type perspective. The results obtained are indicative of the direct and significant relationship between the intangible assets and the conservativeness in the intangible assets with management performance.

  19. New Challenges for Asset Managers in the Danish Social Housing Sector

    DEFF Research Database (Denmark)

    Haugbølle, Kim; Engberg, Lars A.

    2004-01-01

    ’ involvement. 2. New partnerships with the building industry. 3. Moving towards a European internal market of construction products. The paper explores and analyses these three challenges by drawing on a number of case studies as well as a re-analysis of current research on management of renewal and building......During the 1990s, the social housing sector in Denmark has undergone a number of changes. New trends are forcing asset managers to rethink their roles and strategies. In this changing context, asset managers have been confronted with strategic challenges on three topics: 1. New modes of tenants...

  20. New accounting rules: asset allocation and portfolio management.

    Science.gov (United States)

    Andrew, B K

    1997-01-01

    New accounting rules went into effect at the end of 1995 that are now starting to affect how medical practices must report income from equity and fixed income investments. This article explores the new accounting rules and considers the other factors that help practices determine investment strategies, including desired investment return, comfort with level of risk, appropriate time horizons, liquidity needs and legal restrictions. The author also presents an example that examines the different considerations that may affect an asset allocation decision, including endowments and operating reserve funds. PMID:10165780

  1. Managing Guest as an Asset: a Conceptual Review in the Context of Accommodation Services

    Directory of Open Access Journals (Sweden)

    Dwi Suhartanto

    2015-10-01

    Full Text Available This article discusses the concept of a customer as an asset of business in the accommodation industry. The purpose of this article is to examine the value of guests as a firm asset and to propose a model for managing guests as an asset in the context of accommodation services. A guest is considered an asset due to its role in providing revenue to the accommodation firm. Because of this role, the accommodation guest needs to be managed appropriately. This article argues that guest service evaluation (i.e. service quality, perceived value, and guest satisfaction and service loyalty are important factors in the development of guest lifetime value. The proposed model of managing guests as an asset consists of marketing instruments, service evaluation, guest loyalty, and financial outcomes provides a comprehensive guide on how accommodation firms can manage the lifetime value of their guests. Finally, as there are limited studies examining this issue, future research should test the proposed model.

  2. Development of Asset Fault Signatures for Prognostic and Health Management in the Nuclear Industry

    Energy Technology Data Exchange (ETDEWEB)

    Vivek Agarwal; Nancy J. Lybeck; Randall Bickford; Richard Rusaw

    2014-06-01

    Proactive online monitoring in the nuclear industry is being explored using the Electric Power Research Institute’s Fleet-Wide Prognostic and Health Management (FW-PHM) Suite software. The FW-PHM Suite is a set of web-based diagnostic and prognostic tools and databases that serves as an integrated health monitoring architecture. The FW-PHM Suite has four main modules: Diagnostic Advisor, Asset Fault Signature (AFS) Database, Remaining Useful Life Advisor, and Remaining Useful Life Database. This paper focuses on development of asset fault signatures to assess the health status of generator step-up generators and emergency diesel generators in nuclear power plants. Asset fault signatures describe the distinctive features based on technical examinations that can be used to detect a specific fault type. At the most basic level, fault signatures are comprised of an asset type, a fault type, and a set of one or more fault features (symptoms) that are indicative of the specified fault. The AFS Database is populated with asset fault signatures via a content development exercise that is based on the results of intensive technical research and on the knowledge and experience of technical experts. The developed fault signatures capture this knowledge and implement it in a standardized approach, thereby streamlining the diagnostic and prognostic process. This will support the automation of proactive online monitoring techniques in nuclear power plants to diagnose incipient faults, perform proactive maintenance, and estimate the remaining useful life of assets.

  3. Managerial Stress Management as an Asset in People Management Being a Marketing Strategy Element

    Directory of Open Access Journals (Sweden)

    Branislav Radnović

    2013-07-01

    Full Text Available Any service organization operating under turbulent market conditions must have a successful marketing strategy. A successful marketing strategy implies proper management of all elements within a marketing mix: service package, price, distribution channels, promotion, service process, service ambience and people. People, i.e. primarily the employed within an organization are one of the elements that must be appropriately considered when drawing up and implementing a marketing strategy. Proper personnel management must nowadays include good management of managerial stress. Adequate managerial stress management is preconditioned by successful identification of sources of managerial stress. The aim of this paper is to present the importance of proper and timely identification of sources of managerial stress. The paper demonstrates the carried out scientific research based on a method that is universal for all types of organizations, regardless of their type and activity, in order to precisely identify the sources of managerial stress and define its proper management, as an asset in people management, which is an element of marketing strategy. The research was conducted using a survey, sampling 100 employees in 13 organizations throughout Serbia. Survey results indicated that the most important sources of managerial stress are: participation in decision-making, selection process, earnings, and time and deadlines pressure. Therefore, recommendations are provided for directing identified sources of managerial stress towards successful management of people as an element of marketing strategy.

  4. Decision support tools: Review of risk models in drinking water network asset management

    OpenAIRE

    Large, A; Le Gat, Y.; Elachachi, S. M.; Renaud, E.; D. Breysse

    2014-01-01

    An objective of infrastructure asset management of drinking water network is to minimize risks (service outage, or disruption of vehicular traffic...). However there are several methods to assess their frequency. This paper first discusses the different models used in predicting the structural deterioration, because it is a compulsory preliminary step to calculate risk. Risk models for service outage are then discussed.

  5. A Case Study of Implications and Applications of Standardized Nomenclature for Asset Management in Healthcare

    Science.gov (United States)

    DeFrancesco, Jennifer A.

    2016-01-01

    Healthcare organizations strive to adapt to the continuous change in what has become a fast-paced, high technology environment. Many organizations are charged to find efficiencies to better manage medical device assets. Increasingly, healthcare leaders opt to adopt a standardized medical device nomenclature under the purview of a set of national…

  6. An asset and liability management (ALM) model using integrated chance constraints

    OpenAIRE

    Hussin, SAS; Mitra, G; Roman, D.

    2014-01-01

    This paper discusses and develops a Two Stage Integrated Chance Constraints Programming for the Employees Provident Fund Malaysia. The main aim is to manage, that is, balance assets and liabilities. Integrated Chance Constraints not only limit the event of underfunding but also the amount of underfunding. This paper includes the numerical illustration.

  7. An asset and liability management (ALM) model using integrated chance constraints

    Science.gov (United States)

    Hussin, Siti Aida Sheikh; Mitra, Gautam; Roman, Diana

    2014-12-01

    This paper discusses and develops a Two Stage Integrated Chance Constraints Programming for the Employees Provident Fund Malaysia. The main aim is to manage, that is, balance assets and liabilities. Integrated Chance Constraints not only limit the event of underfunding but also the amount of underfunding. This paper includes the numerical illustration.

  8. Managing asset protection in the re-engineered environment of the nineties

    International Nuclear Information System (INIS)

    This paper discusses innovative management of equipment assets during this climate of increased competitiveness in order to reduce the costs of equipment failures, and avoid business interruptions and consequential loss of market share. The topics of the paper include proper design and specification, monitoring, maintenance, timely repair, and protecting buildings

  9. An Exploration of the Professional Competencies Required in Engineering Asset Management

    Science.gov (United States)

    Bish, Adelle J.; Newton, Cameron J.; Browning, Vicky; O'Connor, Peter; Anibaldi, Renata

    2014-01-01

    Engineering asset management (EAM) is a rapidly growing and developing field. However, efforts to select and develop engineers in this area are complicated by our lack of understanding of the full range of competencies required to perform. This exploratory study sought to clarify and categorise the professional competencies required of individuals…

  10. Accelerator management system using GIS

    International Nuclear Information System (INIS)

    We developed accelerator management systems using Web-based GIS (Geographical Information Systems). GIS unifies location related data like position of equipment, drawings, images etc. and displays them on interactive map on web browsers. GIS can be used various phenomena, machine management, map-drawing management, asset management and scheduler etc. We build two systems, one is equipment management system of SPring-8 and another is real-time alarm display system for SCSS prototype 250 MeV linac. We describe those systems in this paper. (author)

  11. Asset allocation in private wealth management: theory versus practice

    OpenAIRE

    Schröder, David

    2013-01-01

    This study analyzes the responses to a representative survey of wealth advisors on private wealth management practices, and compares the advisors' views to academic research in household finance. This study demonstrates that many wealth managers do not apply novel insights proposed by financial economists when advising their clients. Many practitioners focus on managing only the market risk exposure of their clients' portfolios. Although financial research has stressed the importance of incor...

  12. Managing nursing assets: a primer on maximizing investment in people.

    Science.gov (United States)

    Flannery, T P; Grace, J L

    1999-01-01

    Nurse managers require critical competencies and skills to thrive in today's turbulent health care environment. A nurse manager's relationship with nursing staff is the primary variable that can reduce nursing turnover and improve unit morale in a variety of measurable ways. Self-confidence is the cornerstone competency required for the nurse manager's success. Nurse managers set the context for the delivery of patient services. To do so effectively, a working partnership with finance and human resources is required. Both functions can provide essential information for real time decision making, including variance analysis, flexible budgets, absenteeism rating, turnover rate, and innovative compensation programs. PMID:10711141

  13. The Shamans of Wall Street: a real conundrum in Finance: Why systematically poor performing asset managers survive?

    Directory of Open Access Journals (Sweden)

    Francisco A. Delgado

    2012-06-01

    Full Text Available In this paper we propose a behavioral explanation for the survival of poorly performing asset managers. We argue that, in general, asset managers make use of copious amounts of correct but useless information to convince investors about their supposed superior ability to interpret the market. Their marketing skills and motivational speeches seem to be enough to maintain asset managers in business regardless of the results. We present data that show how bad a number of asset managers can be. We also show how prevalent asset managers’ underperformance is. We argue that some Wall Street professionals are able to fool almost all of their clients most of the time into believing that they add value in the services they provide while the data show that this is not true. What we cannot show with this data is whether managers actually believe they are as good as they claim they are, or are not just shamans, albeit shameless as well.

  14. The Real Time Mission Monitor: A Situational Awareness Tool For Managing Experiment Assets

    Science.gov (United States)

    Blakeslee, Richard; Hall, John; Goodman, Michael; Parker, Philip; Freudinger, Larry; He, Matt

    2007-01-01

    The NASA Real Time Mission Monitor (RTMM) is a situational awareness tool that integrates satellite, airborne and surface data sets; weather information; model and forecast outputs; and vehicle state data (e.g., aircraft navigation, satellite tracks and instrument field-of-views) for field experiment management RTMM optimizes science and logistic decision-making during field experiments by presenting timely data and graphics to the users to improve real time situational awareness of the experiment's assets. The RTMM is proven in the field as it supported program managers, scientists, and aircraft personnel during the NASA African Monsoon Multidisciplinary Analyses experiment during summer 2006 in Cape Verde, Africa. The integration and delivery of this information is made possible through data acquisition systems, network communication links and network server resources built and managed by collaborators at NASA Dryden Flight Research Center (DFRC) and Marshall Space Flight Center (MSFC). RTMM is evolving towards a more flexible and dynamic combination of sensor ingest, network computing, and decision-making activities through the use of a service oriented architecture based on community standards and protocols.

  15. ASSET ALLOCATION – INSTRUMENT FOR RISK MANAGEMENT IN THE CAPITAL MARKET

    Directory of Open Access Journals (Sweden)

    Saša Stevanović

    2011-01-01

    Full Text Available This paper aims to point to one ofthe main reasons for poor performance ofindividual and institutional investors in theinvestment process. The first step that is proposedwhen investing is defining investment policy(Investment Policy Statement – IPS. Mostindividual and institutional investors in BH have noclearly defined investment policy. By respectingsimple rules that the investment process involvesthe beginner’s mistakes could have been avoided toa great extent and financial losses in investorsportfolios could have been reduced as well.Practicing concept of assets allocation, mutualfunds would preserve the value of assets undermanagement in the amount of BAM 213 million forits 417,000 shareholders. Assets allocation involvesmaking decisions about the choice betweendifferent classes of assets in the portfolio. Thisconcept explains between 80% and 90% of portfolioperformance measured by return on investment.Passivity of investment funds has led to illiquidity ofthe market, preventing the restructuring of theissuers at the Banja Luka Stock Exchange, theabsence of support for the process of incorporationand slowing down the process of creating newfinancial instruments in domestic market. Withadequate assets allocation investors manage andcontrol the portfolio risk, increase yield, introducediscipline in the investment process and become"intelligent investors."

  16. Integrated Risk-Informed Asset Management for Commercial Nuclear Power Stations

    International Nuclear Information System (INIS)

    The objective of this paper is to provide electric utilities with a concept for preparing and implementing integrated risk-informed asset management (RIAM) programs for power stations and generating companies. RIAM is a process by which analysts review historical performance and develop predictive logic models and data analyses to predict critical decision support figures-of-merit (or metrics) for generating station managers and electric utility company executives. These metrics include, but are not limited to, the following: profitability, projected revenue, projected costs, asset value, safety (catastrophic facility damage frequency and consequences, etc.), power production availability (capacity factor, etc.), efficiency (heat rate), and others. RIAM applies probabilistic safety assessment (PSA) techniques and generates predictions probabilistically so that metrics information can be supplied to managers in terms of probability distributions as well as point estimates. This enables the managers to apply the concept of 'confidence levels' in their critical decision-making processes. (authors)

  17. FLUCTUATION IN PENSION FUND ASSETS PRIVATELY MANAGED UNDER THE INFLUENCE OF CERTAIN FACTORS. STATISTICAL STUDY IN ROMANIA

    OpenAIRE

    Dracea Raluca; Siminica Marian; Cristea Mirela

    2011-01-01

    On international level, the economic and financial crisis has determined a diminution of the asset value of compulsory pension funds, reflecting a reallocation of funds towards alternative or low-risk investments. The present paper indicates how the net asset value of privately managed pension funds in Romania may be affected or not by certain influence factors in direct correlation with different asset allocation strategies of pension funds. In this way, on literature review there are many s...

  18. NMFS Prioritization, Allocation & Scheduling System (NMFS Asset PASS)

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — NMFS Asset PASS is a web-based enterprise application and ORACLE database that collects research platform requests. The first release initially focused on line...

  19. Advancements in Risk-Informed Performance-Based Asset Management for Commercial Nuclear Power Plants

    International Nuclear Information System (INIS)

    Over the past several years, ABSG Consulting Inc. (ABS Consulting) and the South Texas Project Nuclear Operating Company (STPNOC) have developed a decision support process and associated software for risk-informed, performance-based asset management (RIPBAM) of nuclear power plant facilities. RIPBAM applies probabilistic risk assessment (PRA) tools and techniques in the realm of plant physical and financial asset management. The RIPBAM process applies a tiered set of models and supporting performance measures (or metrics) that can ultimately be applied to support decisions affecting the allocation and management of plant resources (e.g., funding, staffing, scheduling, etc.). In general, the ultimate goal of the RIPBAM process is to continually support decision-making to maximize a facility's net present value (NPV) and long-term profitability for its owners. While the initial applications of RIPBAM have been for nuclear power stations, the methodology can easily be adapted to other types of power station or complex facility decision-making support. RIPBAM can also be designed to focus on performance metrics other than NPV and profitability (e.g., mission reliability, operational availability, probability of mission success per dollar invested, etc.). Recent advancements in the RIPBAM process focus on expanding the scope of previous RIPBAM applications to include not only operations, maintenance, and safety issues, but also broader risk perception components affecting plant owner (stockholder), operator, and regulator biases. Conceptually, RIPBAM is a comprehensive risk-informed cash flow model for decision support. It originated as a tool to help manage plant refueling outage scheduling, and was later expanded to include the full spectrum of operations and maintenance decision support. However, it differs from conventional business modeling tools in that it employs a systems engineering approach with broadly based probabilistic analysis of organizational 'value

  20. Infrastructure asset management: The valuation of complex objects

    NARCIS (Netherlands)

    Verlaan, J.G.; De Ridder, H.A.J.

    2010-01-01

    For two years now, Rijkswaterstaat, an agency of the Dutch Ministry of Transport, Public Works and Water Management, is required to have a financial administration, which is based on accrual accounting principles. This involves the use of a balance sheet and the equivalent of a profit and loss state

  1. Fully distributed monitoring architecture supporting multiple trackees and trackers in indoor mobile asset management application.

    Science.gov (United States)

    Jeong, Seol Young; Jo, Hyeong Gon; Kang, Soon Ju

    2014-01-01

    A tracking service like asset management is essential in a dynamic hospital environment consisting of numerous mobile assets (e.g., wheelchairs or infusion pumps) that are continuously relocated throughout a hospital. The tracking service is accomplished based on the key technologies of an indoor location-based service (LBS), such as locating and monitoring multiple mobile targets inside a building in real time. An indoor LBS such as a tracking service entails numerous resource lookups being requested concurrently and frequently from several locations, as well as a network infrastructure requiring support for high scalability in indoor environments. A traditional centralized architecture needs to maintain a geographic map of the entire building or complex in its central server, which can cause low scalability and traffic congestion. This paper presents a self-organizing and fully distributed indoor mobile asset management (MAM) platform, and proposes an architecture for multiple trackees (such as mobile assets) and trackers based on the proposed distributed platform in real time. In order to verify the suggested platform, scalability performance according to increases in the number of concurrent lookups was evaluated in a real test bed. Tracking latency and traffic load ratio in the proposed tracking architecture was also evaluated. PMID:24662407

  2. Fully Distributed Monitoring Architecture Supporting Multiple Trackees and Trackers in Indoor Mobile Asset Management Application

    Directory of Open Access Journals (Sweden)

    Seol Young Jeong

    2014-03-01

    Full Text Available A tracking service like asset management is essential in a dynamic hospital environment consisting of numerous mobile assets (e.g., wheelchairs or infusion pumps that are continuously relocated throughout a hospital. The tracking service is accomplished based on the key technologies of an indoor location-based service (LBS, such as locating and monitoring multiple mobile targets inside a building in real time. An indoor LBS such as a tracking service entails numerous resource lookups being requested concurrently and frequently from several locations, as well as a network infrastructure requiring support for high scalability in indoor environments. A traditional centralized architecture needs to maintain a geographic map of the entire building or complex in its central server, which can cause low scalability and traffic congestion. This paper presents a self-organizing and fully distributed indoor mobile asset management (MAM platform, and proposes an architecture for multiple trackees (such as mobile assets and trackers based on the proposed distributed platform in real time. In order to verify the suggested platform, scalability performance according to increases in the number of concurrent lookups was evaluated in a real test bed. Tracking latency and traffic load ratio in the proposed tracking architecture was also evaluated.

  3. Asset Allocation and Optimal Contract for Delegated Portfolio Management

    Science.gov (United States)

    Liu, Jingjun; Liang, Jianfeng

    This article studies the portfolio selection and the contracting problems between an individual investor and a professional portfolio manager in a discrete-time principal-agent framework. Portfolio selection and optimal contracts are obtained in closed form. The optimal contract was composed with the fixed fee, the cost, and the fraction of excess expected return. The optimal portfolio is similar to the classical two-fund separation theorem.

  4. Fixed income strategies for trading and for asset management

    OpenAIRE

    Tinschert, Jonas; Cremers, Heinz

    2012-01-01

    Trading and investment strategies play an essential part in better understanding fixed income markets. Over-the-counter markets and thousands of different outstanding bonds increase the difficulties to identify adequate comparison methods. Market participants and their practices differ widely depending on intentions and are often based on non-uniform decision-making figures. This working paper deals with the differing intentions of traders, treasurers and portfolio managers within fixed-incom...

  5. 26 CFR 12.4 - Election of Class Life Asset Depreciation Range System (ADR).

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 14 2010-04-01 2010-04-01 false Election of Class Life Asset Depreciation Range... Election of Class Life Asset Depreciation Range System (ADR). (a) Elections filed before February 1, 1972... tax return in accordance with § 1.167(a)-11 of this chapter (relating to depreciation allowances...

  6. Human Resource Management: An Invaluable Asset or an Ineffective Burden?

    OpenAIRE

    Gow, Christopher

    2011-01-01

    In the current economic climate, making the most of the resources that one has available to them is considered key. In the past, the employees of a company have not always been considered as resources but it is clear that times are changing. The topic of Human Resource Management is one that has been discussed in great detail over the years but it is still felt that it is lacking the attention it deserves. Traditional business functions such as Sales or Finance have dominated headlines in the...

  7. DETECTING ASSET IMPAIRMENT EARNINGS MANAGEMENT ON IFRS CONTEXT: SOME EVIDENCE FROM GREEK LISTED COMPANIES

    Directory of Open Access Journals (Sweden)

    Ekaterini C. Laskaridou

    2014-01-01

    Full Text Available The purpose of this study is two fold: (a to bring on issues of asset impairment manipulation in the IFRS context (b to examine, any statistical inference validating impairment discretionary charges and firms’ earning experience. The Impairment Accounting Standard (IAS 36, enters new requirements for asset impairment provided to satisfying accrued loss amounts. Earning Management through the use of asset impairments within constrains of taking accounting process results to income manipulation representing (a an external demand to meet earnings forecasts (b internal demand for communicating board’ level performance. We expect to present a critical view of the earnings discretion and provide an answer on the prevailing content of asset impairment. The sample constituted of 236 firms, listed in the Greek Stock Exchange Market on the basis of impairment observations. We analyze the earnings levels for impairer companies, for 2004-2012 years. Findings suggest (a firms recording impairment charges possess lower earnings than do their counterparts not recording write downs and (b the impairment losses are likely reported as timely opportunity to taking “big bath” and increasing future earnings. However we estimate that Greek firms’ operating performance is engaged to earning adjustments on (a taxable environment and (b new accounting rules liable to income strategies."

  8. 75 FR 70966 - Transit Asset Management (TAM) Pilot Program

    Science.gov (United States)

    2010-11-19

    ... system. As part of its role, FTA provides over $10 billion annually in financial assistance to transit... members of the proposing team. Joint ventures with Disadvantaged Business Enterprise (DBE) firms (i.e... businesses will be utilized as members of the proposing team. (10%) After technical proposals have...

  9. PUBLIC SECTOR ASSET MANAGEMENT PLANNING TO MITIGATE CLIMATE CHANGE DRIVEN NATURAL DISASTERS - A STUDY OF UK DISASTER AND BUSINESS CONTINUITY PLANNING

    OpenAIRE

    C.M.J. Warren

    2010-01-01

    This paper describes the current climate change predictions and the likely consequences for European building assets. It addresses the role of Public Sector Asset Managers with particular emphasis on UK practice. It highlights the need for asset managers to mitigate the adverse effects of climate change and prepare for extreme weather events and other associated natural disasters.The paper is based on a literature review of current climate data and best practice public sector asset management...

  10. Support of high operating efficiency of nuclear power plant in USA. Enterprise Asset Management solution of SAP

    International Nuclear Information System (INIS)

    A new examination system of nuclear power plants will be introduced in Japan in the fiscal year 2008. USA has introduced this system and realized the high operating efficiency. The management method and information system of USA is explained. Enterprise Asset Management (EAM) is used by 13 nuclear power plant companies and 2,800 companies in the world. Concept of EAM, comparison of performance of nuclear power plants between USA and Japan, change of business by the new examination system, Standard Nuclear Plant Model (SNPM), mapping of SNPM and SAP solution, and approach to AP-913 Equipment Reliability in SAP are described. EAM solution of SAP for nuclear power plants is the same system for other sections such as the thermal and hydroelectric power plants, oil, chemical, airline, and manufacture companies. Reliability Centered Maintenance Optimization (RCMO) is able to control information of machines and facilities and to instruct maintenance. (S.Y.)

  11. The integration of performance measurement and asset-and-liability management / John Singleton Janse van Rensburg

    OpenAIRE

    Van Rensburg, John Singleton Janse

    2008-01-01

    The financial intermediation function that a bank performs dictates the existence of a risk-reward trade-off embedded within a bank's balance sheet. The process of risk management focuses on achieving the broader organisational objectives relating to this risk-reward trade-off. Measuring the contribution of risk to profitability is pivotal in assessing the optimality of a bank's risk-reward trade-off. Conventional accounting-based performance measures such as return on assets and return on eq...

  12. Zustandsabhängiges, risikobasiertes Asset-Management in der Energieversorgung

    OpenAIRE

    Osztermayer, Jozsef

    2007-01-01

    Für die vorliegende Arbeit versteht man unter risikobasiertem und funktionsübergreifendem Asset-Management (RB&FÜAM) die risikobewusste Verwaltung von technischen Anlagen während ihrer gesamten Lebensdauer. Die konkrete Aufgabe ist dabei, die betriebsmittelrelevanten Aktivitäten zeitlich und inhaltlich funktionsübergreifend so zu koordinieren, dass die strategischen Unternehmensziele bei minimalen Anlagenkosten erreicht werden können. In der Tat geht es um die optimale Geldmittelallokation un...

  13. Landslide hazard assessment and characterisation for forestry asset management in Great Britain

    OpenAIRE

    Foster, C.; Reeves, H. J.; Pennington, C; Hobbs, P.R.N.; Culshaw, M.G.; Plim, J.; Smith, J.T.; MacCulloch, F.; Queen, G.; Winter, M. G.

    2012-01-01

    Between 2008 and 2010, the British Geological Survey (BGS) carried out 2 separate studiesto identify and quantify landslide hazards with the potential to affect third party assets (infrastructure, property and communities) in Scottish Forestry Commission managed land (with the Transport Research Laboratory) and in Wales. A desk-based investigation analysed a range of information, including: the BGS National Land-slide Database, National Digital Geological Mapping (DiGMap50), landslide potenti...

  14. RFID Asset Management Solution with Cloud Computation Service

    OpenAIRE

    Chattopadhyay, Arunabh

    2012-01-01

    This work proposes the deployment of a web-based architecture of an RFID tracking solution. An extensive literature survey has been conducted to find existing RFID web based architectures and the current requirements of supply chain based organizations. These findings were used to design a web based RFID tracking system with a goal of reducing set up time and infrastructure for the client. The architecture attempts to depart from the typical localized approach of most RFID middlewares. The mi...

  15. The environment, international standards, asset health management and condition monitoring: An integrated strategy

    Energy Technology Data Exchange (ETDEWEB)

    Roe, S. [CSD, British Institute of Non-Destructive Testing (BINDT) (United Kingdom); Mba, D. [School of Engineering, Cranfield University, MK43 0AL, Bedfordshire (United Kingdom)], E-mail: d.mba@cranfield.ac.uk

    2009-02-15

    Asset Health Management (AHM), supported by condition monitoring (CM) and performance measuring technologies, together with trending, modelling and diagnostic frameworks, is not only critical to the reliability of high-value machines, but also to a companies Overall Equipment Efficiency (OEE), system safety and profitability. In addition these protocols are also critical to the global concern of the environment. Industries involved with monitoring key performances indicators (KPI) to improve OEE would benefit from a standardised qualification and certification scheme for their personnel, particularly if it is based on internationally accepted procedures for the various CM technologies that also share the same objectives as AH and CM. Furthermore, the development of 'models' for implementation of a Carbon tax is intrinsically dependent on the integrity and accuracy of measurements contributing to these indicators. This paper reviews the global picture of condition monitoring, the environment and related international standards and then considers their relationship and equivalent global objectives. In addition, it presents the methods behind the development of such standards for certification of competence in personnel involved with data collection, modelling and measurements of KPIs. Two case studies are presented that highlight the integrated strategy in practise.

  16. Portfolio Risk Management and Capital asset Pricing Model : Case: The comparison among the portfolio in the same and different regions

    OpenAIRE

    Liem Nguyen, Thanh

    2015-01-01

    The objective of this thesis is to figure out the profitability in stock investment through portfolio risk management and the practical application of Capital Asset Pricing Model (CAPM) in specific empirical study. In this paper, readers will have the overall information about different aspects of portfolio risk management, the role of diversification in investment, general knowledge about Capital Asset Pricing Model as well as its contribution in investment evaluation. Additionally, the stud...

  17. Benefit-Cost Analysis of Security Systems for Multiple Protected Assets Based on Information Entropy

    OpenAIRE

    Qing Cai; Jingjing Dai; Ruimin Hu; Jun Chen

    2012-01-01

    This article proposes a quantitative risk assessment for security systems which have multiple protected assets and a risk-based benefit-cost analysis for decision makers. The proposed methodology consists of five phases: identification of assets, security unit and intrusion path, security unit effectiveness estimation, intrusion path effectiveness estimation, security system risk assessment and benefit-cost estimation. Key innovations in this methodology include its use of effectiveness entro...

  18. ENHANCING ASSETS' PROTECTION THROUGH AN ADEQUATE MONITORING OF INTERNAL CONTROL SYSTEM BY INTERNAL AUDIT

    Directory of Open Access Journals (Sweden)

    Dan Eugen Cosmin

    2011-12-01

    Full Text Available The assets are established into a company as very important and strategic resources that are contributing at the creation of the needed premises to conduct the daily-basis activity and also to reach present and future planned objectives. Recent studies like COSO's Fraudulent Financial Reporting 1998-2007 have highlighted an increasing fraudulent activity against assets therefore the efforts of fighting against fraud must be supplemented in order to preserve the existence and value of those resources. Internal controls are processes implemented in order to give a reasonable assurance that the company will not become a fraud victim. Even so, a lot of internal controls are paying a heavy tribute to their lack of efficiency and update. Thus, for a correct functioning, internal controls must be monitored and assessed permanently in order to preserve their strength and ability to fulfill their mission. This approach will deliver more added value because rather than being corrected after they have already occurred, the frauds related with the assets will be prevented, detected and reported at a timely moment, thereby the incidence and value of those criminal activities will decrease significantly. Furthermore, because not only the process of monitoring is important but even the entity conducting this activity we believe that internal audit is the most appropriate to undertake this responsibility. Thus, through this material we opened a discussion about how important permanent monitored and updated internal controls are in order to assure a proper assets protection and why internal audit, rather than the management, should be the most eligible to undertake this responsibility. Also we provided some suggestions regarding the main activities that must be taken into consideration by an internal audit professional when is being involved in a monitoring process of internal control system. We do believe that this paper will be the starting point for new

  19. Fleet-Wide Prognostic and Health Management Suite: Asset Fault Signature Database

    Energy Technology Data Exchange (ETDEWEB)

    Vivek Agarwal; Nancy J. Lybeck; Randall Bickford; Richard Rusaw

    2015-06-01

    Proactive online monitoring in the nuclear industry is being explored using the Electric Power Research Institute’s Fleet-Wide Prognostic and Health Management (FW-PHM) Suite software. The FW-PHM Suite is a set of web-based diagnostic and prognostic tools and databases that serves as an integrated health monitoring architecture. The FW-PHM Suite has four main modules: (1) Diagnostic Advisor, (2) Asset Fault Signature (AFS) Database, (3) Remaining Useful Life Advisor, and (4) Remaining Useful Life Database. The paper focuses on the AFS Database of the FW-PHM Suite, which is used to catalog asset fault signatures. A fault signature is a structured representation of the information that an expert would use to first detect and then verify the occurrence of a specific type of fault. The fault signatures developed to assess the health status of generator step-up transformers are described in the paper. The developed fault signatures capture this knowledge and implement it in a standardized approach, thereby streamlining the diagnostic and prognostic process. This will support the automation of proactive online monitoring techniques in nuclear power plants to diagnose incipient faults, perform proactive maintenance, and estimate the remaining useful life of assets.

  20. RAMSI management model and evaluation criteria for Nordic offshore wind asset

    Energy Technology Data Exchange (ETDEWEB)

    Tiusanen, R.; Jaennes, J. [VTT Technical Research Centre of Finland, Espoo (Finland); Liyanage, J. P. [Univ. of Stavanger, Center for Industrial Asset Management (Norway)

    2012-07-01

    The offshore wind energy sector is in the early stages of development, but it is growing fast. Due to the European Union's renewable-energy and climate goals along with national legislation, the offshore wind sector will develop strongly over the coming years in Europe. In the offshore wind energy sector, there are many different wind-turbine designs ranging from traditional mono pile structures to floating platforms, depending on the water depth. Today, most offshore turbines are based on onshore turbine designs, and turbine technology continues to develop incrementally. At the same time, there is strong demand in the market for new, innovative designs for offshore wind turbines whose main focus is reliability and cost efficiency. For floating offshore wind turbine designs, there may be new types of uncertainty and system risks compared with onshore wind turbines. Wind turbines in cold climates, such as those experienced in the Nordic countries, may be exposed to extreme conditions, such as formation of ice or very low temperatures that are outside the design limits of standard wind turbines. In the offshore wind energy sector, specification, implementation and verification of the so-called R&M's (Reliability, Availability, Maintainability, Safety and Inspect ability) requirements during development work are important for companies delivering wind turbines, from the perspective of system integrity. Decisions made before the formal design phase strongly determine the costs and benefits gained during the whole life cycle of a wind turbine. The benefits of implementing the R&M's program include support with investment decisions, cost management, improved management of resource requirements, systematic support with development and implementation of products, and integration of dependability and safety requirements. This publication outlines a model for managing R&M's factors during the conceptual design phase of an offshore wind turbine. The model

  1. A multiple decision support metrics method for effective risk-informed asset management

    International Nuclear Information System (INIS)

    The objective of this paper is to provide electric utilities with a concept for developing and applying effective decision support metrics via integrated risk-informed asset management (RIAM) programs for power stations and generating companies. RIAM is a process by which analysts review historical performance and develop predictive logic models and data analyses to predict critical decision support figures-of-merit (or metrics) for generating station managers and electric utility company executives. These metrics include, but are not limited to, the following: profitability, net benefit, benefit-to-cost ratio, projected return on investment, projected revenue, projected costs, asset value, safety (catastrophic facility damage frequency and consequences, etc.), power production availability (capacity factor, etc.), efficiency (heat rate), and others. RIAM applies probabilistic safety assessment (PSA) techniques and generates predictions in a probabilistic way so that metrics information can be supplied to managers in terms of probability distributions as well as point estimates. This enables the managers to apply the concept of 'confidence levels' in their critical decision-making processes. (authors)

  2. Practical application of decision support metrics for power plant risk-informed asset management

    International Nuclear Information System (INIS)

    The objective of this paper is to provide electric utilities with a concept for developing and applying effective decision support metrics via integrated risk-informed asset management (RIAM) programs for power stations and generating companies. RIAM is a process by which analysts review historical performance and develop predictive logic models and data analyses to predict critical decision support figures-of-merit (or metrics) for generating station managers and electric utility company executives. These metrics include, but are not limited to, the following; profitability, net benefit, benefit-to-cost ratio, projected return on investment, projected revenue, projected costs, asset value, safety (catastrophic facility damage frequency and consequences, etc.), power production availability (capacity factor, etc.), efficiency (heat rate), and others. RIAM applies probabilistic safety assessment (PSA) techniques and generates predictions probabilistically so that metrics information can be supplied to managers in terms of probability distributions as well as point estimates. This enables the managers to apply the concept of 'confidence levels' in their critical decision-making processes. (author)

  3. Asset Analysis Method for the Cyber Security of Man Machine Interface System

    International Nuclear Information System (INIS)

    As digital MMIS (Man Machine Interface System) is applied in Nuclear Power Plant (NPP), cyber security is becoming more and more important. Regulatory guide (KINS/GT-N27) requires that implementation plan for cyber security be prepared in NPP. Regulatory guide recommends the following 4 processes: 1) an asset analysis of MMIS, 2) a vulnerability analysis of MMIS, 3) establishment of countermeasures, and 4) establishment of operational guideline for cyber security. Conventional method for the asset analysis is mainly performed with a table form for each asset. Conventional method requires a lot of efforts due to the duplication of information. This paper presents an asset analysis method using object oriented approach for the NPP

  4. Mathematical and Economic Modeling of the Results of Correlation Between Indicators of Profitability and Asset Management

    Directory of Open Access Journals (Sweden)

    Silviu CÂRSTINA

    2015-09-01

    Full Text Available Activity companies, regardless of sector, aims to both keep a favorable position in the market and creating financial resources to respond favorably people interact undertaking. These considerations are actually provided by the existence and sustainability of any business activity. Through this paper we follow not only the level of profitability of businesses related to food industry sector in Dolj, Romania, but also the correlation between the indicators of profitability and management of assets. The period of analysis is given by the range of 2012 - 2013, and of data analysis in terms of economic and mathematical being done using SPSS statistical and mathematical software.

  5. i-Locate - Indoor/Outdoor location and Asset Management through Open Data

    OpenAIRE

    Claudio Eccher; Giuseppe Conti

    2015-01-01

    Studi recenti hanno evidenziato che, in media, trascorriamo circa il 90% del nostro tempo in ambienti chiusi e, spesso, non familiari. L’esigenza di localizzare/guidare persone o ogg etti in spazi sia esterni che interni (senza discontinuità tra esterno ed interno) darà origine ad una serie di nuovi servizi di tipo LBS (Location-Based Services) che potranno avere anche una notevole rilevanza economica.i-locate (Indoor / outdoor location and Asset Management Through open geodata) is a project ...

  6. Implications of ultra-low interest rates for financial institutions’ asset liability management – a policy-oriented overview

    OpenAIRE

    Christian Beer; Ernest Gnan

    2015-01-01

    In a historical perspective, interest rates are currently very low. The further course of nominal and real interest rates crucially depends on how the macroeconomy will develop over the cycle and in a long-term structural perspective. In this contribution, we analyze how ultra-low interest rates affect financial institutions and their asset-liability management. In the short term, the impact depends on the relative duration of assets and liabilities. Hence, different financial institutions ar...

  7. 媒体资产管理下的电视内容资产价值分析%Asset Value Analysis of TV Content under Media Asset Management

    Institute of Scientific and Technical Information of China (English)

    王正; 王娟

    2015-01-01

    When most TV stations at hom e have constructed media asset management system, there is a question on how to make the most of the system to function it and realize the value. The goal of the management is to maximum the value of content asset in order that the owner of the asset could gain more benefits both socially and economically. The article, based on the summary of the value form from review, analysis and control of TV content asset, puts forward the strategies of development and added value.%当国内大部分电视台都建立起媒体资产管理系统的时候,必然会出现一个问题,那就是该怎么利用媒体资产管理系统,使其发挥作用,实现其建立的价值。媒体资产管理的目标是实现内容资产价值的最大化,从而使资产的拥有者获得更多的社会和经济利益。本文将对电视内容资产的概述、分析和把握,总结出电视内容资产的价值形式,根据这些价值形式提出开发和增值策略。

  8. Key performance indicators in plant asset management: hype, burden or real help?

    International Nuclear Information System (INIS)

    The paper tackles the increasing role and use of indicators (e.g. the key performance indicators, KPIs) in asset management in power and process plants, in particular for risk and safety management (safety performance indicators, SPIs), inspection, maintenance, emerging risks analysis and aging management. The two main aspects of the use of indicators are monitoring of performance (e.g. of a single unit) and benchmarking (e.g. among different units). The basis for the considerations presented in the paper are several international projects in the field, showing that the main issue in the field is not and cannot be just the introduction of new indicators as such. They deal with the principles of establishing indicators, establishing generally accepted indicators (goal 'globally accepted' indicators), creating of 'repositories' of indicators in industry and respective tools. The repository/tool developed in the EU project iNTeg-Risk is presented in more detail. The main proposed criteria for successful introduction are the acceptance, transparency and clear added value, e.g. when the indicators help in finding solutions for the issues where the conventional analysis, e.g. the one based on engineering models and analysis is too expensive, complex or simply unavailable. Three practical cases are briefly shown in the paper: one for the improved asset management in a refinery, one for the identification of indicators helping to deal with emerging risks (how to identify them and how to assess risks of a new technology) and one for the implementation of a complex aging management program for industrial plants. (orig.)

  9. Key performance indicators in plant asset management: hype, burden or real help?

    Energy Technology Data Exchange (ETDEWEB)

    Jovanovic, A. (Steinbeis Advanced Risk Technologies, Stuttgart (Germany)); Bareiss, J.M. (EnBW, Stuttgart (Germany))

    2010-05-15

    The paper tackles the increasing role and use of indicators (e.g. the key performance indicators, KPIs) in asset management in power and process plants, in particular for risk and safety management (safety performance indicators, SPIs), inspection, maintenance, emerging risks analysis and aging management. The two main aspects of the use of indicators are monitoring of performance (e.g. of a single unit) and benchmarking (e.g. among different units). The basis for the considerations presented in the paper are several international projects in the field, showing that the main issue in the field is not and cannot be just the introduction of new indicators as such. They deal with the principles of establishing indicators, establishing generally accepted indicators (goal 'globally accepted' indicators), creating of 'repositories' of indicators in industry and respective tools. The repository/tool developed in the EU project iNTeg-Risk is presented in more detail. The main proposed criteria for successful introduction are the acceptance, transparency and clear added value, e.g. when the indicators help in finding solutions for the issues where the conventional analysis, e.g. the one based on engineering models and analysis is too expensive, complex or simply unavailable. Three practical cases are briefly shown in the paper: one for the improved asset management in a refinery, one for the identification of indicators helping to deal with emerging risks (how to identify them and how to assess risks of a new technology) and one for the implementation of a complex aging management program for industrial plants. (orig.)

  10. The Power of Public Investment Management : Transforming Resources into Assets for Growth

    OpenAIRE

    Rajaram, Anand; Minh Le, Tuan; Kaiser, Kai; Kim, Jay-Hyung; Frank, Jonas

    2014-01-01

    This publication consists of seven chapters: building a system for public investment management; a unified framework for public investment management; country experiences of public investment management; approaches to better project appraisal; public investment management under uncertainty; procurement and public investment management; and public investment management for public-private pa...

  11. An evaluation of asset management compliance in the national office of the Department of Justice and Constitutional Development / Toto R.N Matshediso

    OpenAIRE

    Matshediso, Toto R N

    2013-01-01

    The study was aimed to evaluate compliance to the management of assets in the National Office of the Department of Justice and Constitutional Development in Pretoria. Since moveable asset management is still an unfamiliar concept in South African public sector, not much research ·has been done in this field. From the problem statement, it was evident that asset management is indeed a subject within the department that needs attention. Literature review on the study was conducte...

  12. What to do about Lake Buntzen 2; an asset management perspective

    International Nuclear Information System (INIS)

    Condition and performance of certain key equipment in BC Hydro's aging Lake Buntzen 2 (LB2) generating plant located within the boundaries of the Greater Vancouver municipal area were studied. The study included an examination of asset plans, base case requirements, an equipment condition review, penstock assessment, a seismic review, and an environmental review. The assessment has affected the review of potential life cycle options for the facility which included: (1) sustaining maintenance and continued operation until major equipment failure and then decommission the plant, (2) decommissioning the plant in 2003, (3) operating the plant for 20 years and then decommissioning it, (4) implementing remote start/stop capability for units 2 and 3, (5) refurbishing unit 1 and implementing remote start/stop capability on all units, (6) redeveloping the plant with a new 27 MW unit, and (7) selling the plant 'as is' in 1998. The full potential of all possible auxiliary services and benefits which could be provided by the station were considered. The viable means of upgrading the facility to extend its operating life and to maximize production were described. It was concluded that, notwithstanding formidable technical challenges, a fully integrated asset management approach to plant life extension or modernization could make the facility marginally attractive for another 20 years. 2 tabs., 4 figs

  13. ASSET, An Information System for Alloy Corrosion in High Temperature Gases

    International Nuclear Information System (INIS)

    A large database for corrosion data and a corrosion prediction information system for metals and alloys corroding in high-temperature gases have been created. Corrosion data for about 75 commercial alloys, 4600 corrosion data measurements, and six million exposure hours have been compiled into an information system, ASSET. ASSET allows prediction of sound metal thickness losses for metals and alloys corroding by several common corrosion mechanisms at high-temperatures as functions of gas composition, temperature, time, and alloy. This paper presents examples of predicted metal losses of alloys corroding in standard conditions for several corrosion mechanisms expected in high-temperature gases. ASSET also provides a comprehensive capability to analyze the thermochemical interactions between alloys, corrosion products and exposure conditions. Some of the uses of the data compilation and the corrosion prediction feature are illustrated for oxidizing, sulfidizing, sulfidizing/oxidizing , and carburizing conditions

  14. FLUCTUATION IN PENSION FUND ASSETS PRIVATELY MANAGED UNDER THE INFLUENCE OF CERTAIN FACTORS. STATISTICAL STUDY IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Dracea Raluca

    2011-07-01

    Full Text Available On international level, the economic and financial crisis has determined a diminution of the asset value of compulsory pension funds, reflecting a reallocation of funds towards alternative or low-risk investments. The present paper indicates how the net asset value of privately managed pension funds in Romania may be affected or not by certain influence factors in direct correlation with different asset allocation strategies of pension funds. In this way, on literature review there are many studies which have analyzed the fluctuation of pension funds assets and a better reallocation of their investment in order to improve their efficiency. The experience of the value fluctuation of privately administered pension fund net assets is highly important, firstly beacause of its effects on the increase and the decrease of invested values for the insured persons’ accounts, under the circumstances of constantly maintaining their contributions and, implicitly, the results achieved through these investments. The research methodology consists in testing of five variables: currency exchange rate, credit interest rate, bank deposit interest rate, reference interest rate and value of the stock exchange market index (BET-C index, by means of the multiple linear regression method. The conclusion is that only two of these factors, namely, the currency exchange rate and the reference interest rate, influence net asset value of privately managed pension funds, the second pillar, one in direct and the other in indirect correlation. In order to neutralize the effects generated by the diminution of the net asset value of privately managed pension funds, considering a short time horizon, we shall elaborate a dynamic mix of their investments able to adapt to the fluctuations of the influence factors. Thus, new opportunities will be generated in order to achieve the efficiency of pension funds and to prevent the diminution of the value of insured individuals

  15. Multi-asset Black-Scholes model as a variable second class constrained dynamical system

    Science.gov (United States)

    Bustamante, M.; Contreras, M.

    2016-09-01

    In this paper, we study the multi-asset Black-Scholes model from a structural point of view. For this, we interpret the multi-asset Black-Scholes equation as a multidimensional Schrödinger one particle equation. The analysis of the classical Hamiltonian and Lagrangian mechanics associated with this quantum model implies that, in this system, the canonical momentums cannot always be written in terms of the velocities. This feature is a typical characteristic of the constrained system that appears in the high-energy physics. To study this model in the proper form, one must apply Dirac's method for constrained systems. The results of the Dirac's analysis indicate that in the correlation parameters space of the multi-assets model, there exists a surface (called the Kummer surface ΣK, where the determinant of the correlation matrix is null) on which the constraint number can vary. We study in detail the cases with N = 2 and N = 3 assets. For these cases, we calculate the propagator of the multi-asset Black-Scholes equation and show that inside the Kummer ΣK surface the propagator is well defined, but outside ΣK the propagator diverges and the option price is not well defined. On ΣK the propagator is obtained as a constrained path integral and their form depends on which region of the Kummer surface the correlation parameters lie. Thus, the multi-asset Black-Scholes model is an example of a variable constrained dynamical system, and it is a new and beautiful property that had not been previously observed.

  16. Development of a Total Energy, Environment and Asset Management (TE2AM tm) Curriculum

    Energy Technology Data Exchange (ETDEWEB)

    O' Leary, Phillip R. [Univ. of Wisconsin, Madison, WI (United States)

    2012-12-31

    The University of Wisconsin Department of Engineering Professional Development (EPD) has completed the sponsored project entitled, Development of a Total Energy, Environment and Asset Management (TE2AM) Curriculum. The project involved the development of a structured professional development program to improve the knowledge, skills, capabilities, and competencies of engineers and operators of commercial buildings. TE2AM advances a radically different approach to commercial building design, operation, maintenance, and end of life disposition. By employing asset management principles to the lifecycle of a commercial building, owners and occupants will realize improved building performance, reduced energy consumption and positive environmental impacts. Through our commercialization plan, we intend to offer TE2AM courses and certificates to the professional community and continuously improve TE2AM course materials. The TE2AM project supports the DOE Strategic Theme 1 Energy Security; and will further advance the DOE Strategic Goal 1.4 Energy Productivity. Through participation in the TE2AM curriculum, engineers and operators of commercial buildings will be eligible for a professional certificate; denoting the completion of a prescribed series of learning activities. The project involved a comprehensive, rigorous approach to curriculum development, and accomplished the following goals: 1. Identify, analyze and prioritize key learning needs of engineers, architects and technical professionals as operators of commercial buildings. 2. Design and develop TE2AM curricula and instructional strategies to meet learning needs of the target learning community. 3. Establish partnerships with the sponsor and key stakeholders to enhance the development and delivery of learning programs. 4. Successfully commercialize and sustain the training and certificate programs for a substantial time following the term of the award. The project team was successful in achieving the goals and

  17. Leadership and Empowerment: Assets or Liabilities? The University of Trieste Library System: An Exploratory Case Study

    OpenAIRE

    Arabito, Stefania

    2004-01-01

    Leadership and empowerment can be either strategic assets or heavy liabilities for a University Library System that strives to grow and compete in a changing environment. It depends on the meanings people give to these concepts and on the interactions between them. It seems interesting to explore leadership and empowerment in a real-life context where local subcultures persist.

  18. Management Academy LANL Business Systems: Property Management, Course #31036

    Energy Technology Data Exchange (ETDEWEB)

    Shepherd, Michael J. [Los Alamos National Lab. (LANL), Los Alamos, NM (United States); Rinke, Helen Mae [Los Alamos National Lab. (LANL), Los Alamos, NM (United States); Hanson, Todd [Los Alamos National Lab. (LANL), Los Alamos, NM (United States); Wolfe, Randy P. [Los Alamos National Lab. (LANL), Los Alamos, NM (United States)

    2016-07-08

    Los Alamos National Laboratory (LANL) is responsible for the efficient economical management of all government property in its stewardship. This training explains the role LANL managers have in managing, controlling, and disposing of government property. The Laboratory's goal is good asset management. By properly managing property across the facility, Laboratory managers can help ASM improve government property utilization and extend asset life, while reducing asset-related operating costs and expenditures.

  19. 26 CFR 1.167(l)-4 - Public utility property; election to use asset depreciation range system.

    Science.gov (United States)

    2010-04-01

    ... depreciation range system. 1.167(l)-4 Section 1.167(l)-4 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT... Individuals and Corporations § 1.167(l)-4 Public utility property; election to use asset depreciation range system. (a) Application of section 167(l) to certain property subject to asset depreciation range...

  20. 75 FR 51507 - WisdomTree Asset Management, Inc., and WisdomTree Trust; Notice of Application

    Science.gov (United States)

    2010-08-20

    ... necessary standards for the reasons discussed below. 3. Applicants state that the shareholders expect the... materially amend subadvisory agreements without shareholder approval. Applicants: WisdomTree Asset Management... section 2(a)(19) of the Act (the ``Independent Trustees''), and by the initial shareholder of each Fund...

  1. i-Locate - Indoor/Outdoor location and Asset Management through Open Data

    Directory of Open Access Journals (Sweden)

    Claudio Eccher

    2015-02-01

    Full Text Available Studi recenti hanno evidenziato che, in media, trascorriamo circa il 90% del nostro tempo in ambienti chiusi e, spesso, non familiari. L’esigenza di localizzare/guidare persone o ogg etti in spazi sia esterni che interni (senza discontinuità tra esterno ed interno darà origine ad una serie di nuovi servizi di tipo LBS (Location-Based Services che potranno avere anche una notevole rilevanza economica.i-locate (Indoor / outdoor location and Asset Management Through open geodata is a project that aims to develop a set of tools and services based on geo location technologies based on open data for the location and management of objects in indoor and outdoor spaces. The tools are intended both to citizens who use their smartphones to access services, aids to navigation from the front door to internal destinations to buildings (public office, clinic, shop, etc.. Obtaining any information available to support (code , unforeseen changes in the path, suggestions, etc., and professionals for specific activities that require the location of people, equipment, etc. i-locate to an intense use of GIS technologies for navigation and tracking "indoor" (indoor GIS, 3D GIS, to locate people (eg. Alzheimer's patients and their movements in areas not suited (geofencing to identify and track objects / portable equipment for their location, management and maintenance.

  2. Stability analysis with applications of a two-dimensional dynamical system arising from a stochastic model of an asset market

    CERN Document Server

    Belitsky, Vladimir; Prado, Fernando P de Almeida

    2009-01-01

    We analyze the stability properties of equilibrium solutions and periodicity of orbits in a two-dimensional dynamical system whose orbits mimic the evolution of the price of an asset and the excess demand for that asset. The construction of the system is grounded upon a heterogeneous interacting agent model for a single risky asset market. An advantage of this construction procedure is that the resulting dynamical system becomes a macroscopic market model which mirrors the market quantities and qualities that would typically be taken into account solely at the microscopic level of modeling. The system's parameters correspond to: (a) the proportion of speculators in a market; (b) the traders' speculative trend; (c) the degree of heterogeneity of idiosyncratic evaluations of the market agents with respect to the asset's fundamental value; and (d) the strength of the feedback of the population excess demand on the asset price update increment. This correspondence allows us to employ our results in order to infer...

  3. Asset management and the calculation of capital costs for mains-usage fees

    International Nuclear Information System (INIS)

    This article discusses the requirements stipulated in the Swiss Electricity Supply Law that capital costs for all mains-levels must be declared on a yearly basis. The costs are calculated from current market value and depreciation according to technical lifetime. The authors examine the requirements placed on the declaration of capital costs and how they are calculated. The detailed book-keeping needed is discussed as is the large volume of data involved. The role of existing mains information systems is looked at, as are methods of assessing current assets. Experience gained in practice is discussed: This is taken as the basis for future processes. Utilities participating in the project and a number of solutions available are noted

  4. Capital assets and intercultural borderlands: socio-cultural challenges for natural resource management.

    Science.gov (United States)

    Stratford, Elaine; Davidson, Julie

    2002-12-01

    In their design or implementation, many natural resource management (NRM) programs ignore critical socio-cultural dimensions of the challenge to advance sustainability. Building on particular ideas about culture and human ecosystems, we combine the strengths of the capital assets model of sustainability and the idea of intercultural borderlands to respond to this gap. To advance our thesis about the utility of these tools, we critically reviewed and analysed a cross-disciplinary literature relating to the socio-cultural dimensions of NRM. This paper stems from that labour and examines particular tensions that arise in land management as a result of Australians' specific colonial and postcolonial legacies. These tensions--related to ethnicity, gender, population, age and health--are among the threads in the larger tapestry that comprises the socio-cultural dimensions of NRM. For the Australian case, they are central, longstanding and persistent, and thus worthy of analysis; and they are applicable in general terms to other places with similar histories of settlement and land use. PMID:12503497

  5. IRREVERSIBLE ASSETS ARE IN THE SYSTEM TO CIRCULATION OF CAPITAL OF ENTERPRISE

    OpenAIRE

    V. Shvets; Borisiyk, O.

    2010-01-01

    Essence of irreversible assets is considered. Circulation of irreversible assets is exposed. Certainly factor which influences on the size of capital of enterprise. The cost of the fixed assets of Ukraine is represented in 2000-2008 years.

  6. Analysis of Assets Management in Colleges%高校资产管理问题透析

    Institute of Scientific and Technical Information of China (English)

    黄路瓯; 何飞

    2014-01-01

    With the gradual promotion of the strategy of"technology promotes the provincial economy"and the purpose of im-proving educational quality and cooperating teaching reform, our country pays more and more attention to assets input in colleges, and the total amount of assets in colleges tends to increase greatly year by year. Through the large assets input, assets form and construc-tion are existing diversity and complexity gradually. The original first-level management can not adapt to modern university assets management model any more, therefore, second-level assets management model comes into being. It is urgent to solve problems we are facing, that is, how to establish a mechanism conforms to the secondary assets management mode and operation, how to allocate the secondary school in the management rights and responsibilities of people, property and goods.%随着科教兴国的教育战略深化,为提高教育质量和配合教学改革,国家对高校资产投入也越来越重视,各高校的资产总量呈逐年较大幅度增长。经历了资产的大投入后,资产的形式与构成也逐渐呈现多样性和复杂性。原来一级管理已经不能适应现代高校的资产管理模式,资产的二级管理模式应运而生。如何建立符合高校二级资产管理模式和运行的机制,以及如何分配二级学院在人、财、物的管理上权利与职责,成为摆在高校面前亟需解决的问题。

  7. Benefit-Cost Analysis of Security Systems for Multiple Protected Assets Based on Information Entropy

    Directory of Open Access Journals (Sweden)

    Qing Cai

    2012-03-01

    Full Text Available This article proposes a quantitative risk assessment for security systems which have multiple protected assets and a risk-based benefit-cost analysis for decision makers. The proposed methodology consists of five phases: identification of assets, security unit and intrusion path, security unit effectiveness estimation, intrusion path effectiveness estimation, security system risk assessment and benefit-cost estimation. Key innovations in this methodology include its use of effectiveness entropy to measure the degree of uncertainty of a security system to complete a protection task, and the fact it measures risk like information theory measures the amount of information. A notional example is provided to demonstrate an application of the proposed methodology.

  8. [ASSET experience in China

    International Nuclear Information System (INIS)

    The ASSET philosophy for prevention of nuclear safety incident is being implemented in our nuclear power plant as the other international nuclear power plants, and the in-depth analysis of operational events in order to find out and eliminate the root causes is considered as the prioritized work in the plant safety management. Some observations are discussed which were made during the implementation of ASSET philosophy and the ASSET approach in our nuclear power plant

  9. THE ROLE OF VALUE AT RISK IN THE MANAGEMENT OF ASSET AND LIABILITIES

    Directory of Open Access Journals (Sweden)

    Petria Nicolae

    2012-12-01

    Full Text Available ALM is the management of risk at enterprise level, the models used in ALM can be static or dynamic: single period-static models, multiple period static model, single period stochastic model, multi period stochastic model. While single period-static don't incorporate the dynamic of the economical changes the multiple period-static models are an extension of the single period-static model, the most common used are multi-period stochastic which model the evolution of financial series in time and the assets and liabilities using different types of probability distributions (Student, GED. Highly correlated with ALM is the Value at Risk which can be used as and function to be minimized in ALM models. In the Value at Risk methodology the estimation models are classified as: parametric, nonparametric, semi-parametric; we present the parametric models (GARCH models used in Value at Risk and the connections that can be established between ALM models and Value at Risk. We present the Conditional Value-at-risk and offer and example on how to calculate CVaR .

  10. Soil geohazard mapping for improved asset management of UK local roads

    Science.gov (United States)

    Pritchard, O. G.; Hallett, S. H.; Farewell, T. S.

    2015-09-01

    Unclassified roads comprise 60 % of the road network in the United Kingdom (UK). The resilience of this locally important network is declining. It is considered by the Institution of Civil Engineers to be "at risk" and is ranked 26th in the world. Many factors contribute to the degradation and ultimate failure of particular road sections. However, several UK local authorities have identified that in drought conditions, road sections founded upon shrink-swell susceptible clay soils undergo significant deterioration compared with sections on non-susceptible soils. This arises from the local road network having little, if any, structural foundations. Consequently, droughts in East Anglia have resulted in millions of pounds of damage, leading authorities to seek emergency governmental funding. This paper assesses the use of soil-related geohazard assessments in providing soil-informed maintenance strategies for the asset management of the locally important road network of the UK. A case study draws upon the UK administrative county of Lincolnshire, where road assessment data have been analysed against mapped clay-subsidence risk. This reveals a statistically significant relationship between road condition and susceptible clay soils. Furthermore, incorporation of UKCP09 future climate projections within the geohazard models has highlighted roads likely to be at future risk of clay-related subsidence.

  11. Football players, asset management & the unexploited potential of enhanced player engagement in football management & marketing

    DEFF Research Database (Denmark)

    Cortsen, Kenneth

    2014-01-01

    This article gives insights into why and how football brands (e.g. clubs and governing bodies) can benefit from enhancing the activation of players in football management and football marketing initiatives.......This article gives insights into why and how football brands (e.g. clubs and governing bodies) can benefit from enhancing the activation of players in football management and football marketing initiatives....

  12. INTANGIBLE ASSETS – AN OPEN ISSUE

    OpenAIRE

    Cristina-Ionela Fadur

    2011-01-01

    We live in an ever more competitive, globalized world, in continuous technological evolution. Optimal resource management implies detailed knowledge on the value of intangible assets. In the present article, we aim to analyze the issue of intangible assets from the perspective of the Spanish accounting system, in order to identify the similarities and differences between it and the Romanian accounting system. The purpose of our approach is to complete the stage of knowledge concerning intangi...

  13. Topics on Integrated Asset Modelling, Production Systems Boosting and Virtual Metering

    OpenAIRE

    Bartolomeu, Mayembe

    2015-01-01

    This thesis addresses four existing gaps and missing facilities in the route to improve the capabilities to model an entire oil and gas field extending from the reservoir to the field sales point. Such a model, referred by the oil and gas industry as Integrated Asset Model (IAM), enables mathematical assessments of the trade-offs between design, operational alternatives and mathematical optimization subject to the entire system constraints. The gaps and issues addressed are div...

  14. Information Systems Security Measures and Countermeasures: Protecting Organizational Assets from Malicious Attacks

    OpenAIRE

    Abdullah Alshboul

    2010-01-01

    Determining the exact requirements for security for a given organization is essential for implementing the proper security measures. Such measures are designed to protect information systems from security breaches. The Internet and computer networking requires a new security measures and policies to reduce the threats and challenges inherent from these new technologies and software applications and network devices. The information security attacks of an organization’s assets have high dollar...

  15. Classification between Failed Nodes and Left Nodes in Mobile Asset Tracking Systems

    Directory of Open Access Journals (Sweden)

    Kwangsoo Kim

    2016-02-01

    Full Text Available Medical asset tracking systems track a medical device with a mobile node and determine its status as either in or out, because it can leave a monitoring area. Due to a failed node, this system may decide that a mobile asset is outside the area, even though it is within the area. In this paper, an efficient classification method is proposed to separate mobile nodes disconnected from a wireless sensor network between nodes with faults and a node that actually has left the monitoring region. The proposed scheme uses two trends extracted from the neighboring nodes of a disconnected mobile node. First is the trend in a series of the neighbor counts; the second is that of the ratios of the boundary nodes included in the neighbors. Based on such trends, the proposed method separates failed nodes from mobile nodes that are disconnected from a wireless sensor network without failures. The proposed method is evaluated using both real data generated from a medical asset tracking system and also using simulations with the network simulator (ns-2. The experimental results show that the proposed method correctly differentiates between failed nodes and nodes that are no longer in the monitoring region, including the cases that the conventional methods fail to detect.

  16. Digital asset ecosystems rethinking crowds and cloud

    CERN Document Server

    Blanke, Tobias

    2014-01-01

    Digital asset management is undergoing a fundamental transformation. Near universal availability of high-quality web-based assets makes it important to pay attention to the new world of digital ecosystems and what it means for managing, using and publishing digital assets. The Ecosystem of Digital Assets reflects on these developments and what the emerging 'web of things' could mean for digital assets. The book is structured into three parts, each covering an important aspect of digital assets. Part one introduces the emerging ecosystems of digital assets. Part two examines digital asset manag

  17. Model averaging and value-at-risk based evaluation of large multi asset volatility models for risk management

    OpenAIRE

    Pesaran, Mohammad Hashem; Zaffaroni, Paolo

    2004-01-01

    This paper considers the problem of model uncertainty in the case of multi-asset volatility models and discusses the use of model averaging techniques as a way of dealing with the risk of inadvertently using false models in portfolio management. In particular, it is shown that under certain conditions portfolio returns based on an average model will be more fat-tailed than if based on an individual underlying model with the same average volatility. Evaluation of volatility models is also cons...

  18. Risk management as an instrument for protecting assets at Nketoane Local Municipality in Free State Province / Izak Rasetapo Mofokeng

    OpenAIRE

    Mofokeng, Izak Rasetapo

    2012-01-01

    Local Governments are the closest sphere of government to the people and are the ones who render all different kinds of service to people on daily basis. The national sphere of government create the policies and legislations in regard to risk management for protection of assets and how the local government should render the service to community and most probably gives a mandate which services and responsibility rest on local sphere. The primary objective of this research is to investigate var...

  19. Managerial Stress Management as an Asset in People Management Being a Marketing Strategy Element

    OpenAIRE

    Branislav Radnović; Vladana Radnović

    2013-01-01

    Any service organization operating under turbulent market conditions must have a successful marketing strategy. A successful marketing strategy implies proper management of all elements within a marketing mix: service package, price, distribution channels, promotion, service process, service ambience and people. People, i.e. primarily the employed within an organization are one of the elements that must be appropriately considered when drawing up and implementing a marketing strategy. Proper ...

  20. Chemical cleaning as an essential part of steam generator asset management

    International Nuclear Information System (INIS)

    Accumulation of deposits is intrinsic for the operation of Steam Generators in PWRs. Such depositions often lead to reduction of thermal performance, loss of component integrity and, in some cases to power restrictions. Accordingly removal of such deposits is an essential part of the asset management of the Steam Generators in a Nuclear Power Plant. Every plant has its individual condition, history and constraints which need to be considered when planning and performing a chemical cleaning. Typical points are: Sludge load amount and constitution of the deposits; Sludge distribution in the steam generator; Existing or expected corrosion problems; Amount and treatment possibilities for the waste generated. Depending on these points the strategy for chemical cleaning shall be evolved. The range of treatment starts with very soft cleanings with a removal of approx 100 kg per steam generator and goes to a full scale cleaning which can remove up to several thousand kilograms of deposits from a steam generator. Depending on the goal to be achieved and the steam generator present an adequate cleaning method shall be selected. Flexible and 'customizable' cleaning methods that can be adapted to the individual needs of a plant are therefore a must. Particular for the application of preventive cleanings where repeated or even regular application are intended, special focus has to be put on low corrosion and easy waste handling. Therefore AREVA has developed the 'C3' concept, Customized Chemical Cleaning concept. This concept covers the entire range of steam generator cleaning. Particular for the preventive maintenance cleanings processes with extreme low corrosion rates and easy waste handling are provided which make repeated applications safe and cost efficient. (author)

  1. Suitability of the Kaizen Model on the management of fixed assets in the South African Reserve Bank / S.M. Mavhina

    OpenAIRE

    Mavhina, Mulalo Simon

    2012-01-01

    This study involves establishing the suitability of the Kaizen Model on the management of fixed assets in the SARB. The goal is to show that the Kaizen Model could enhance the management of fixed assets in the SARB. This has been done through a literature review, empirical study and hypothesis testing. The literature review indicated that implementation of the Kaizen Model could help to eliminate none value-adding activities and ensure that standard processes are continuously adjusted. Hen...

  2. Conformance and non conformance of asset managers to the environment, social and governance pressures: sensemaking capacities and the use of externally defined information

    OpenAIRE

    Sakuma, Kyoko

    2012-01-01

    This thesis focuses on a central behavioral paradox in the asset management community. Recent decades have brought an upsurge in initiatives throughout the investment community to voluntarily integrate sustainability issues into investment decisions. The financial crisis has however revealed behavioral inconsistency and deepening irresponsibility. Today, sustainable investments represent USD 10.7 trillion, or 7% of the entire market, of assets under management and it is growing steadily. One ...

  3. Securing Assets with RFID

    OpenAIRE

    Oustad, Mats; Chanrasekaram, Santhakumar

    2008-01-01

    Loss of property is something every company has had to deal with at some point, without proper securing this is a problem that is very hard to get control of. RFID has been available for decades but it has been a technology which has been dormant without very much development. In the last years the interest has grown and new ideas to use it has surfaced. This thesis is set out to present a comprehensive solution proposal for a RFID asset management system. A case will be presented which will ...

  4. Importance of managing intangible assets in enhancing dynamic capabilities of firms : cases from Sweden and Germany

    OpenAIRE

    Schiller, Stefan; Perera, Hector

    2012-01-01

    The purpose of this article is to provide insights into our understanding of integrated learning incorporating interactive control systems and diagnostic control systems, through a new integrative learning framework related to management control systems (MCSs). The proposed framework can be used to analyze systematically the knowledge-creating ability of a firm. The study adopts a learning perspective under qualitative research methodology. Data were collected through interviews and analyzed ...

  5. Intangible Assets-According to German GAAP

    OpenAIRE

    Heng Wang

    2009-01-01

    With the growth of global markets, intangible assets have become more and more important for both investors and managers in recent years. Although the economic importance of intangible assets has long been recognised, there has been extensive debate as to the definition of intangible assets, how to measure intangible assets, and the extent to which enterprises should be required to report these assets. Intangible Assets are likely to become increasingly important with the continuing developme...

  6. Securing Digital Image Assets in Museums and Libraries: A Risk Management Approach.

    Science.gov (United States)

    Beamsley, Teresa Grose

    1999-01-01

    A number of threats to the integrity of digital image information can be identified when standard practices in museums and archives are examined. Systematic consideration of risk factors can inform the creation of procedures and application of security that works to guarantee the reliability and accuracy of digital image assets. (Author/AEF)

  7. 医院固定资产管理相关问题探讨%Discussion on Issues of Hospital Fixed Asset Management

    Institute of Scientific and Technical Information of China (English)

    梁建业

    2014-01-01

    Scientific and effective management of the hospital fixed asset can ensure the safety, value maintaining and increment of hospital assets and prevent the loss of state assets. Scientific, standardized and institutionalized hospital management of fixed assets can enhance the core competitiveness of the hospital and improve hospital modernization management level. This paper explores issues related to the hospital management of fixed assets with the aim to increase the awareness of hospital administrators to do a good job on fixed asset management.%实施科学有效的医院固定资产管理,可以确保医院资产安全和保值增值,防止国有资产流失。医院固定资产管理的科学化、规范化、制度化,能够增强医院的核心竞争力,提升医院现代化管理水平。本文就医院固定资产管理的相关问题进行探讨,旨在强化医院管理者做好固定资产管理的意识,切实做好固定资产的管理。

  8. Dilution-of-Precision-Based Lunar Surface Navigation System Analysis Utilizing Earth-Based Assets

    Science.gov (United States)

    Welch, Bryan W.; Connolly, Joseph W.; Sands, Obed S.

    2007-01-01

    The NASA Vision for Space Exploration is focused on the return of astronauts to the Moon. Although navigation systems have already been proven in the Apollo missions to the Moon, the current exploration campaign will involve more extensive and extended missions requiring new concepts for lunar navigation. In contrast to Apollo missions, which were limited to the near-side equatorial region of the Moon, those under the Exploration Systems Initiative will require navigation on the Moon's limb and far side. These regions are known to have poor Earth visibility, but unknown is the extent to which a navigation system comprised solely of Earth-based tracking stations will provide adequate navigation solutions in these areas. This report presents a dilution-of-precision (DoP)-based analysis of the performance of a network of Earth-based assets. This analysis extends a previous analysis of a lunar network (LN) of navigation satellites by providing an assessment of the capability associated with a variety of assumptions. These assumptions pertain to the minimum provider elevation angle, nadir and zenith beam widths, and a total single failure in one of the Earth-based assets. The assessment is accomplished by making appropriately formed estimates of DoP. Different adaptations of DoP, such as geometrical DoP and positional DoP (GDoP and PDoP), are associated with a different set of assumptions regarding augmentations to the navigation receiver or transceiver.

  9. Mission and Assets Database

    Science.gov (United States)

    Baldwin, John; Zendejas, Silvino; Gutheinz, Sandy; Borden, Chester; Wang, Yeou-Fang

    2009-01-01

    Mission and Assets Database (MADB) Version 1.0 is an SQL database system with a Web user interface to centralize information. The database stores flight project support resource requirements, view periods, antenna information, schedule, and forecast results for use in mid-range and long-term planning of Deep Space Network (DSN) assets.

  10. Assessing and managing security risk in IT systems a structured methodology

    CERN Document Server

    McCumber, John

    2004-01-01

    SECURITY CONCEPTSUsing ModelsIntroduction: Understanding, Selecting, and Applying Models Understanding AssetsLayered Security Using Models in Security Security Models for Information Systems Shortcomings of Models in SecuritySecurity in Context Reference Defining Information SecurityConfidentiality, Integrity, and Availability Information AttributesIntrinsic versus Imputed Value Information as an Asset The Elements of Security Security Is Security Only in Context Information as an Asset Introduction Determining Value Managing Information Resources ReferencesUnderstanding Threat and Its Relatio

  11. Distributed charging of electrical assets

    Science.gov (United States)

    Ghosh, Soumyadip; Phan, Dung; Sharma, Mayank; Wu, Chai Wah; Xiong, Jinjun

    2016-02-16

    The present disclosure relates generally to the field of distributed charging of electrical assets. In various examples, distributed charging of electrical assets may be implemented in the form of systems, methods and/or algorithms.

  12. Bridge Management Systems

    DEFF Research Database (Denmark)

    Thoft-Christensen, Palle

    In this paper bridge management systems are discussed with special emphasis on management systems for reinforced concrete bridges. Management systems for prestressed concrete bridges, steel bridges, or composite bridges can be developed in a similar way....

  13. Customer asset management in action: using customers portfolio for allocating resources across business-to-business relationships for improved shareholder value

    OpenAIRE

    Nenonen, Suvi

    2009-01-01

    Suvi Nenonen Customer asset management in action: using customer portfolios for allocating resources across business-to-business relationships for improved shareholder value Customers are crucial assets to all firms as customers are the ultimate source of all cash flows. Regardless this financial importance of customer relationships, for decades there has been a lack of suitable frameworks explaining how customer relationships contribute to the firm financial performance and how this co...

  14. Asset/liability management of German life insurance companies : a value-at-risk approch in the presence of interest rate guarantees

    OpenAIRE

    Albrecht, Peter; Weber, Carsten

    2003-01-01

    This contribution analyses the implications of two major determinants influencing the asset allocation decision of German life insurers, which are the capital market development on the one hand and the interest rate guarantees of the traditional life insurance policies on the other hand. The adverse development of the stock prices between 2000 and 2002 asks for a consideration of not only the "normal" volatility but also the worst-case developments in an asset/liability management. In order t...

  15. Asset management : a model for public water distribution system

    OpenAIRE

    Barata, Pedro Miguel do Carmo

    2008-01-01

    Dissertação de Mestrado em Engenharia Civil (área de especialização em Engenharia Municipal) A Gestão Patrimonial de Infra-estruturas (GPI) é uma temática emergente de capital importância no âmbito da gestão optimizada das redes de abastecimento de água. Recentemente foram desenvolvidas novas metodologias e abordagens, para apoio à decisão, em particular no âmbito do planeamento das intervenções de reabilitação. Em Portugal os sistemas de distribuição de água para abastecimento...

  16. EVALUATING DISTRIBUTED COLLABORATIVE SYSTEMS FROM A KNOWLEDGE MANAGEMENT PERSPECTIVE

    OpenAIRE

    Marilena DUMITRACHE; Cristian CIUREA

    2009-01-01

    This paper presents the evaluation of distributed and collaborative systems from the knowledge point of view, the most important asset of these kinds of systems. The paper analyses the quality characteristics of distributed collaborative systems and proposes a metric to evaluate the aspects of knowledge management process.

  17. The AREVA customized chemical cleaning C3-concept as part of the steam generator asset management

    International Nuclear Information System (INIS)

    In pressurized water reactors corrosion products and impurities are transported into the steam generators by feed water. Corrosion products and impurities are accumulated in the SGs as deposits and scales on the tubes, the tube support structures and the tube sheet. Depending on the location, the composition and the morphology such deposits may negatively affect the performance of the steam generators by reducing the thermal performance, changing the flow patterns and producing localized corrosion promoting conditions. Accordingly removal of deposits or deposit minimization strategies are an essential part of the asset management program of the steam generators in Nuclear Power Plants. It is evident that such a program is plant specific, depending on the individual condition prevailing. Parameters to be considered are for example: - Steam generator and balance of plant design; - Secondary side water chemistry treatment; - Deposit amount and constitution; - Deposit distribution in the steam generator; - Existing or expected corrosion problems. After evaluation of the steam generator condition a strategy for deposit minimization has to be developed. Depending on the individual situation such strategies may span from curative full scale cleanings which are capable of removing the entire sludge inventory in the range of several 1000 kg per SG to preventive cleanings that remove only a portion of the deposits in the range of several 100 kg per SG. But also other goals depending on the specific plant situation, like tube sheet sludge piles or hard scale removal, may be considered. Beside the chemical cleaning process itself also the integration of the process into the outage schedule and considerations about its impact on other maintenance activities is of great importance. It is obvious that all these requirements cannot be met easily by a standardized cleaning method, thus a customisable chemical cleaning technology is required. Based on its comprehensive experience

  18. ASSETS MANAGEMENT - A CONCEPTUAL MODEL DECOMPOSING VALUE FOR THE CUSTOMER AND A QUANTITATIVE MODEL

    Directory of Open Access Journals (Sweden)

    Susana Nicola

    2015-03-01

    Full Text Available In this paper we describe de application of a modeling framework, the so-called Conceptual Model Decomposing Value for the Customer (CMDVC, in a Footwear Industry case study, to ascertain the usefulness of this approach. The value networks were used to identify the participants, both tangible and intangible deliverables/endogenous and exogenous assets, and the analysis of their interactions as the indication for an adequate value proposition. The quantitative model of benefits and sacrifices, using the Fuzzy AHP method, enables the discussion of how the CMDVC can be applied and used in the enterprise environment and provided new relevant relations between perceived benefits (PBs.

  19. Metadata for the description of broadcast assets

    DEFF Research Database (Denmark)

    Efthimiadis, Efthimis N.; Mai, Jens Erik; Burrows, Paul E.;

    2003-01-01

    . The concerns for Media Asset Management, human and technical, are myriad. Media Asset Management is the framework upon which many of the largest technology projects will be built, including the future interconnection system between and among CPB member stations. It is CPB's hope that its licensees and...... broadcasters and media companies to deal with the creationand maintenance of metadata, indexing and controlled vocabularies required for effective Media Asset Management of broadcasts. Panelist will provide perspectives of their organization or project, for example, the CPB's PB Core metadata element set......, which is currently under development; the Disney Nomenclature Registry at Disney Corporation; and the ViDe (video access group) MPEG-7 and Dublin Core mapping....

  20. A framework for operationalization of strategic plans and metrics for corporate performance measurement in transportation asset management

    Science.gov (United States)

    Mteri, Hassan H.

    This thesis investigated the business processes required to translate corporate-level strategic plans into tactical and operational plans in the context of transportation asset management. The study also developed a framework for effective performance measure for departments of transportation. The thesis was based on a case study of transportation agencies in the U.S.A. and Canada. The scope is therefore limited or more directly applicable to transportation assets such as pavement, bridges and culverts. The goal was to address the problem of translating or managing strategic plans, especially in the context of the public sector responsible for operating transportation infrastructure. It was observed that many agencies have been successful in formulating good strategic plans but they have performed relatively poorly in translating such corporate-level strategic plans into operational activities. A questionnaire survey was designed and targeted about 30 state agencies that are currently active in transportation asset management. Twenty one (21) transportation agencies in the USA and Canada responded to the questionnaire. The analysis of the questionnaire data showed that there is a lack of a standard approach to managing corporate strategic plans in transportation agencies. The results also indicated that most transportation agencies operate in three organizational levels but there was no systematic approach of translating goal and objectives from high level to lower levels. Approaches in performance measurement were found to vary from agency to agency. A number of limitations were identified in the existing practice on performance measurements. Key weaknesses include the large number of measures in use (as many as 25 or more), and the disconnection between the measures used and the corporate goals and objectives. Lessons from the private sector were thoroughly reviewed in order to build the groundwork for adapting existing tools to the public sector. The existing

  1. Investments Portfolio Optimal Planning for industrial assets management: Method and Tool

    International Nuclear Information System (INIS)

    The purpose of this paper is to describe the method and tool dedicated to optimize investments planning for industrial assets. These investments may either be preventive maintenance tasks, asset enhancement or logistic investment such as spare parts purchase. The three methodological points to investigate in such an issue are: 1. The measure of the profitability of a portfolio of investments 2. The selection and planning of an optimal set of investments 3. The measure of the risk of a portfolio of investments The measure of the profitability of a set of investments in the IPOP (registered) tool is synthesised in the Net Present Value indicator. The NPV is the sum of the differences of discounted cash flows (direct costs, forced outages...) between the situations with and without a given investment. These cash flows are calculated through a pseudo-markov reliability model representing independently the components of the industrial asset and the spare parts inventories. The component model has been widely discussed over the years but the spare part model is a new one based on some approximations that will be discussed. This model, referred as the NPV function, takes for input an investments portfolio and gives its NPV. The second issue is to optimize the NPV. If all investments were independent, this optimization would be an easy calculation, unfortunately there are two sources of dependency. The first one is introduced by the spare part model, as if components are indeed independent in their reliability model, the fact that several components use the same inventory induces a dependency. The second dependency comes from economic, technical or logistic constraints, such as a global maintenance budget limit or a precedence constraint between two investments, making the aggregation of individual optimum not necessary feasible. The algorithm used to solve such a difficult optimization problem is a genetic algorithm. After a description of the features of the software a

  2. The Development and Application Results of Hospital Fixed Asset Management Software Based on ASP.NET%基于ASP.NET医院固定资产管理软件的开发与应用成效

    Institute of Scientific and Technical Information of China (English)

    张娜; 杨建民

    2014-01-01

    目的:针对医院的固定资产业务活动,规范管理流程,自主设计开发权责分明、全程跟踪、信息共享、三帐一卡的固定资产管理系统。方法:以SQL Server数据库为中心,ASP.NET、C#为开发语言,应用基于B/S的浏览器平台,通过QRCode二维码技术监管固定资产整个生命周期。结果:保证了医院固定资产安全完整,极大地提高了工作效率,发挥了固定资产最大效益,也为经济分析和决策提供了依据。%Objective: For the fixed assets business activities of hospitals, the management process is standardized. The fixed assets management system with clear responsibilities, all-the-way tracking, information sharing and three accounts and one card is independently designed and developed. Methods: With SQL Server database as the center, and ASP.NET、C# as the development language, the browser platform based on B/S is applied. Through QRCode two-dimension code technology, the entire life cycle of fixed assets is supervised and managed. Results: Safety and integrity of fixed assets of our hospital is ensured, the working efficiency is greatly improved, the biggest benefit of fixed assets is given full play to, and the basis is provided for economic analysis and decision-making.

  3. ASSET guidelines

    International Nuclear Information System (INIS)

    The IAEA Assessment of Safety Significant Events Team (ASSET) Service provides advice and assistance to Member States to enhance the overall level of plant safety while dealing with the policy of prevention of incidents at nuclear power plants. The ASSET programme, initiated in 1986, is not restricted to any particular group of Member States, whether developing or industrialized, but is available to all countries with nuclear power plants in operation or approaching commercial operation. The IAEA Safety Series publications form common basis for the ASSET reviews, including the Nuclear Safety Standards (NUSS) and the Basic Safety Principles (Recommendations of Safety Series No. 75-INSAG-3). The ASSET Guidelines provide overall guidance for the experts to ensure the consistency and comprehensiveness of their review of incident investigations. Additional guidance and reference material is provided by the IAEA to complement the expertise of the ASSET members. ASSET reviews accept different approaches that contribute to ensuring an effective prevention of incidents at plants. Suggestions are offered to enhance plant safety performance. Commendable good practices are identified and generic lessons are communicated to other plants, where relevant, for long term improvement

  4. INTANGIBLE ASSETS – AN OPEN ISSUE

    Directory of Open Access Journals (Sweden)

    Cristina-Ionela Fadur

    2011-12-01

    Full Text Available We live in an ever more competitive, globalized world, in continuous technological evolution. Optimal resource management implies detailed knowledge on the value of intangible assets. In the present article, we aim to analyze the issue of intangible assets from the perspective of the Spanish accounting system, in order to identify the similarities and differences between it and the Romanian accounting system. The purpose of our approach is to complete the stage of knowledge concerning intangible capital – the hidden fortune of the new economy.

  5. Inflação e deflação de ativos a partir do mercado imobiliário americano Asset inflation and deflation triggered by the US housing financial system

    Directory of Open Access Journals (Sweden)

    Maria Cristina Penido de Freitas

    2008-09-01

    Full Text Available This paper deals with the financial crisis triggered after the default of subprime mortgages in the United States which expanded to a global systemic crisis. It is divided into a brief introduction and three sections. The first section sums up the dynamics of inflation and deflation of real estate and financial assets which characterizes finance-led cycles. The second section covers major effect of financial assets deflation on the American and European banks. The third section focuses on measures implemented by central banks in order to manage this financial crisis.

  6. Residential on site solar heating systems: a project evaluation using the capital asset pricing model

    Energy Technology Data Exchange (ETDEWEB)

    Schutz, S.R.

    1978-12-01

    An energy source ready for immediate use on a commercial scale is solar energy in the form of On Site Solar Heating (OSSH) systems. These systems collect solar energy with rooftop panels, store excess energy in water storage tanks and can, in certain circumstances, provide 100% of the space heating and hot water required by the occupants of the residential or commercial structure on which the system is located. Such systems would take advantage of a free and inexhaustible energy source--sunlight. The principal drawback of such systems is the high initial capital cost. The solution would normally be a carefully worked out corporate financing plan. However, at the moment it is individual homeowners and not corporations who are attempting to finance these systems. As a result, the terms of finance are excessively stringent and constitute the main obstacle to the large scale market penetration of OSSH. This study analyzes the feasibility of OSSH as a private utility investment. Such systems would be installed and owned by private utilities and would displace other investment projects, principally electric generating plants. The return on OSSH is calculated on the basis of the cost to the consumer of the equivalent amount of electrical energy that is displaced by the OSSH system. The hurdle rate for investment in OSSH is calculated using the Sharpe--Lintner Capital Asset Pricing Model. The results of this study indicate that OSSH is a low risk investment having an appropriate hurdle rate of 7.9%. At this rate, OSSH investment appears marginally acceptable in northern California and unambiguously acceptable in southern California. The results also suggest that utility investment in OSSH should lead to a higher degree of financial leverage for utility companies without a concurrent deterioration in the risk class of utility equity.

  7. A Proposal for the Resolution of Systemically Important Assets and Liabilities: The Case of the Repo Market

    OpenAIRE

    Acharya, Viral V; T. Sabri Öncü

    2013-01-01

    One of the several regulatory failures behind the global financial crisis that started in 2007 has been the regulatory focus on individual, rather than systemic, risk of financial institutions. Focusing on systemically important assets and liabilities (SIALs) rather than individual financial institutions, we propose a set of resolution mechanisms, which is not only capable of inducing market discipline and mitigating moral hazard, but also capable of addressing the associated systemic risk, f...

  8. Tank waste remediation system systems engineering management plan

    International Nuclear Information System (INIS)

    This Systems Engineering Management Plan (SEMP) describes the Tank Waste Remediation System (TWRS) implementation of the US Department of Energy (DOE) systems engineering policy provided in 97-IMSD-193. The SEMP defines the products, process, organization, and procedures used by the TWRS Project to implement the policy. The SEMP will be used as the basis for tailoring the systems engineering applications to the development of the physical systems and processes necessary to achieve the desired end states of the program. It is a living document that will be revised as necessary to reflect changes in systems engineering guidance as the program evolves. The US Department of Energy-Headquarters has issued program management guidance, DOE Order 430. 1, Life Cycle Asset Management, and associated Good Practice Guides that include substantial systems engineering guidance

  9. Human Resource Management System

    OpenAIRE

    Navaz, A. S. Syed; Fiaz, A. S. Syed; Prabhadevi, C.; V.Sangeetha2; Gopalakrishnan, S.

    2013-01-01

    The paper titled HUMAN RESOURCE MANAGEMENT SYSTEM is basically concerned with managing the Administrator of HUMAN RESOURCE Department in a company. A Human Resource Management System, refers to the systems and processes at the intersection between human resource management and information technology. It merges HRM as a discipline and in particular its basic HR activities and processes with the information technology field, whereas the programming of data processing systems evolved into standa...

  10. After-sales service of engineering industrial assets a reference framework for warranty management

    CERN Document Server

    González-Prida Díaz, Vicente

    2014-01-01

    This book explores the practical implementation of an advanced after-sales management framework devoted to warranty management. The framework is intended for companies producing either standardized or customized products, and such a management tool will facilitate organizational improvement and support innovative decision making processes for technical assistance in after-sales services.  “After–sales Service of Engineering Industrial Assets” comprises a proposal for a warranty management framework, with an account of the different methods that can be used to improve decision making in the different stages of the after-sales service management process, and strategies for strengthening the structure and foundations of the framework. A review of the fundamental issues and current research topics in warranty management and after sales services is also provided, which is exemplified by a case study. This book is intended for postgraduates, researchers and engineers who are interested in aftersales manageme...

  11. Credit Management System

    Data.gov (United States)

    US Agency for International Development — Credit Management System. Outsourced Internet-based application. CMS stores and processes data related to USAID credit programs. The system provides information...

  12. 基于AHP的高校知识资产评价方法理论分析%Theoretical analysis on evaluating system of university knowledge assets based on AHP

    Institute of Scientific and Technical Information of China (English)

    艾志刚

    2012-01-01

    With the coming of knowledge economy era,the knowledge assets has already been the core competence of university.The paper first defined the constitution of knowledge assets,and built up the evaluation index system for it by using Delphi and AHP,to obtain the enlightenment about enhancing knowledge assets management,and improving the core competence.%随着知识经济时代的到来,知识资产已成为高校的核心竞争力。界定了高校知识资产的含义及构成,并尝试运用Delphi和AHP方法建立高校知识资产评价体系,以期对高校进一步加强知识资产管理、提高核心竞争力有所启示。

  13. 行政事业单位无形资产管理探析%Research on Management of Intangible Assets in Administrative Institutions

    Institute of Scientific and Technical Information of China (English)

    黄艳霞

    2013-01-01

      With the rapid development of knowledge economy and informatization, the importance of intangi-ble assets(IA) management is highlighted in the routine operation of administrative institutions and manage-ment of public service. However, due to the outdated management concepts, flaws in current legal system as well as the specialties of IA, its management turns out to be vulnerable in the general system. To cope with the existing problems and challenges, measures must be taken to establish a sound legal system and feasible mechanisms for the HR distribution, monitoring and evaluation.%  在新经济和信息化建设迅猛发展的环境下,无形资产在我国行政事业单位的日常行政运行及公共事业管理中的重要性与日俱增。然而传统管理观念的滞后、法律法规制度的不足,以及无形资产本身的一些特性,导致了目前行政事业单位对无形资产的管理处于较为薄弱的环节。针对这些管理中存在的难点和挑战,需要从法规制度建设、人才配备、监督考核机制完善等方面加以改良和提高,从而提升政府行政效能和公共事业管理与服务水平。

  14. Systems Engineering Management Plan

    International Nuclear Information System (INIS)

    The purpose of this Monitored Retrievable Storage (MRS) Project Systems Engineering Management Plan (SEMP) is to define and establish the MRS Project Systems Engineering process that implements the approved policy and requirements of the Office of Civilian Radioactive Waste Management (OCRWM) for the US Department of Energy (DOE). This plan is Volume 5 of the MRS Project Management Plan (PMP). This plan provides the framework for implementation of systems engineering on the MRS Project consistent with DOE Order 4700.1, the OCRWM Program Management System Manual (PMSM), and the OCRWM Systems Engineering Management Plan (SEMP)

  15. The Discipline of Asset Allocation.

    Science.gov (United States)

    Petzel, Todd E.

    2000-01-01

    Discussion of asset allocation for college/university endowment funds focuses on three levels of risk: (1) the absolute risk of the portfolio (usually leading to asset diversification); (2) the benchmark risk (usually comparison with peer institutions; and (3) personal career risk (which may incline managers toward maximizing short-term returns,…

  16. Maintenance and management system

    International Nuclear Information System (INIS)

    Since highly reliable operation is required in a nuclear power plant, monitoring during operation and periodical inspection are conducted carefully. The present invention provides maintenance and management systems for providing an aid so that these systems are combined effectively and operated rationally based on unified information management. That is, the system contains data bases comprising information for the design of the equipments and pipelines of a plant, information for the exchange of equipment parts, information for the history of plant operation, information for the monitoring and inspection, and information for the management of repair operation. In addition, it has an equipment part history management sub-system for managing equipment part exchange information, an operation history management sub-system for managing the operation state of the plant, an operation history management sub-system for managing equipment monitoring inspection data and operation management sub-system for managing periodical inspection/ repairing operation. These sub-systems are collectively combined to manage the maintenance and management jobs of the plant unitarily. (I.S.)

  17. Systems Engineering Management Plan for Tank Farm Restoration and Safety Operations Project W-314

    Energy Technology Data Exchange (ETDEWEB)

    MCGREW, D.L.

    2000-04-19

    The Systems Engineering Management Plan for Project W-314 has been prepared within the guidelines of HNF-SD-WM-SEMP-002, TWRS Systems Engineering Management Plan. The activities within this SEMP have been tailored, in accordance with the TWRS SEMP and DOE Order 430.1, Life Cycle Asset Management, to meet the needs of the project.

  18. Humanoid Intelligent Management System

    Institute of Scientific and Technical Information of China (English)

    DU Jun-ping; TU Xu-yan

    2004-01-01

    This paper proposes a concept and design strategy for the humanoid intelligent management system (HIMS) based on artificial life. Various topics are discussed including the design method and implementation techniques for the dual management scheme (DMS), humanoid intelligent management model (HIMM), central-decentralized management pattern, and multi-grade coordination function.

  19. Generation of SEEAW asset accounts based on water resources management models

    Science.gov (United States)

    Pedro-Monzonís, María; Solera, Abel; Andreu, Joaquín

    2015-04-01

    One of the main challenges in the XXI century is related with the sustainable use of water. This is due to the fact that water is an essential element for the life of all who inhabit our planet. In many cases, the lack of economic valuation of water resources causes an inefficient water use. In this regard, society expects of policymakers and stakeholders maximise the profit produced per unit of natural resources. Water planning and the Integrated Water Resources Management (IWRM) represent the best way to achieve this goal. The System of Environmental-Economic Accounting for Water (SEEAW) is displayed as a tool for water allocation which enables the building of water balances in a river basin. The main concern of the SEEAW is to provide a standard approach which allows the policymakers to compare results between different territories. But building water accounts is a complex task due to the difficulty of the collection of the required data. Due to the difficulty of gauging the components of the hydrological cycle, the use of simulation models has become an essential tool extensively employed in last decades. The target of this paper is to present the building up of a database that enables the combined use of hydrological models and water resources models developed with AQUATOOL DSSS to fill in the SEEAW tables. This research is framed within the Water Accounting in a Multi-Catchment District (WAMCD) project, financed by the European Union. Its main goal is the development of water accounts in the Mediterranean Andalusian River Basin District, in Spain. This research pretends to contribute to the objectives of the "Blueprint to safeguard Europe's water resources". It is noteworthy that, in Spain, a large part of these methodological decisions are included in the Spanish Guideline of Water Planning with normative status guaranteeing consistency and comparability of the results.

  20. Maintenance management systems

    International Nuclear Information System (INIS)

    This paper is concerned principally with Maintenance Management systems and their effective introduction into organisations. Maintenance improvement is basically a problem of managing the maintenance department in the broadest sense. Improvement does not only lie in the area of special techniques, systems or procedures; although they are valuable tools, but rather in a balanced attack, carefully guided by management. Over recent years, maintenance systems have received the major emphasis and in many instances the selection of the system has become a pre-occupation, whereas the importance of each maintenance function must be recognised and good management practices applied to all maintenance activities. The ingredients for success in the implementation of maintenance management systems are summarised as: having a management committee, clear objectives, project approach using project management techniques and an enthusiastic leader, user managed and data processing supported project, realistic budget and an understanding of the financial audit requirements. (author)

  1. An asset-based approach to social risk management : a conceptual framework

    OpenAIRE

    Siegel, Paul B; Alwang, Jeffrey

    1999-01-01

    There is increasing concern about the vulnerability of poor and near-poor rural households, who have limited capabilities to manage risk and often resort to strategies that can lead to a vicious cycle of poverty. Household-related risk is ususally considered individual or private, but measures to manage risk are actually social or public in nature. Furthermore, various externality issues are associated with household-related risk, such as its links to economic development, poverty reduction, ...

  2. Integrated management systems

    CERN Document Server

    Bugdol, Marek

    2015-01-01

    Examining the challenges of integrated management, this book explores the importance and potential benefits of using an integrated approach as a cross-functional concept of management. It covers not only standardized management systems (e.g. International Organization for Standardization), but also models of self-assessment, as well as different types of integration. Furthermore, it demonstrates how processes and systems can be integrated, and how management efficiency can be increased. The major part of this book focuses on management concepts which use integration as a key tool of management processes (e.g. the systematic approach, supply chain management, virtual and network organizations, processes management and total quality management). Case studies, illustrations, and tables are also provided to exemplify and illuminate the content, as well as examples of successful and failed integrations. Providing a particularly useful resource to managers and specialists involved in the improvement of organization...

  3. Intellectual Capital in the System of Enterprise Management

    Directory of Open Access Journals (Sweden)

    Kuchumova Iryna Y.

    2013-12-01

    Full Text Available The article considers definition of the intellectual capital and justifies the intellectual property management system, which influences changes in the structure of enterprise management. The study of scientific works of domestic and foreign scientists allowed conduct of the analysis of the “intellectual capital” category, its essence and structure, formation of main tasks and identification of functions, solution of which should be ensured by the enterprise’s intellectual property management system. The conducted study showed a necessity of development of the theoretical and methodological base of managing intangible assets as full value assets of the enterprise, which could provide significant income. The article justifies a necessity of creation of a separate structure of the enterprise’s intellectual property management structure and identifies its place in the system of enterprise management. The use of this management system does not require significant increase of personnel, that is why, due to results it ensures, its use is efficient. The task of the management system is ensuring proper fulfilment of specific functions connected with the enterprise’s intellectual property management. Moreover, the intellectual property management system plays the role of the co-ordination centre, which should ensure co-ordination of action of all components of the enterprise management system in the event when intellectual products are created or used.

  4. Asset Meltdown

    DEFF Research Database (Denmark)

    Marekwica, Marcel; Maurer, Raimond; Sebastian, Steffen P.

    2011-01-01

    Executive Summary. This paper analyzes the relation between demographic structure and real asset returns on Treasury bills, bonds, and stocks for the G7 countries (United States, Canada, Japan, Italy, France, the United Kingdom, and Germany). A macroeconomic multifactor model is used to examine a...

  5. Measuring the strategic readiness of intangible assets.

    Science.gov (United States)

    Kaplan, Robert S; Norton, David P

    2004-02-01

    Measuring the value of intangible assets such as company culture, knowledge management systems, and employees' skills is the holy grail of accounting. Executives know that these intangibles, being hard to imitate, are powerful sources of sustainable competitive advantage. If managers could measure them, they could manage the company's competitive position more easily and accurately. In one sense, the challenge is impossible. Intangible assets are unlike financial and physical resources in that their value depends on how well they serve the organizations that own them. But while this prevents an independent valuation of intangible assets, it also points to an altogether different approach for assessing their worth. In this article, the creators of the Balanced Scorecard draw on its tools and framework--in particular, a tool called the strategy map--to present a step-by-step way to determine "strategic readiness," which refers to the alignment of an organization's human, information, and organization capital with its strategy. In the method the authors describe, the firm identifies the processes most critical to creating and delivering its value proposition and determines the human, information, and organization capital the processes require. Some managers shy away from measuring intangible assets because they seem so subjective. But by using the systematic approaches set out in this article, companies can now measure what they want, rather than wanting only what they can currently measure. PMID:14971269

  6. Logistics Management Information System

    Institute of Scientific and Technical Information of China (English)

    2002-01-01

    The logistics information is the logistics manageme nt 's inevitable request. The paper introduces several kinds of logistics informat ion system and their functions in the logistics management, such as the warehous e management system (WMS) in the delivery center, the control system for transpo rtation and delivery, the supply chain management (SCM), the optimization of th e logistics system, etc. In the author's opinion, the development of logistics could been divided into four phases. And the logistic...

  7. Audit Information Management System

    Data.gov (United States)

    US Agency for International Development — USAID/OIG has initiated its new Audit Information Management System (AIMS) to track OIG's audit recommendations and USAID's management decisions. OIG's in-house...

  8. Electrical Energy Management System

    OpenAIRE

    Oriti, Giovanna

    2014-01-01

    Energy Academic Group Science and Technology Project Research Objectives: To apply power electronics technology to manage electrical energy intelligently in buildings, ships or expeditionary camps. Energy Management System (EMS) laboratory demos and theses.

  9. Credit Crises, Risk Management Systems and Liquidity Modelling

    OpenAIRE

    Frank Milne

    2008-01-01

    This paper explores the theoretical structure and implementation of Risk Management systems in Financial Institutions. It uses the current credit crisis as a test of the model's deficiencies. The paper suggests possible modifications to these systems to allow for "liquidity" in asset trading. Also the paper links these modifications to the theory of banking and financial crises and suggests possible ways in which regulators and central banks may exploit or modify RM systems to test for system...

  10. Information systems project management

    CERN Document Server

    Olson, David

    2014-01-01

    Information Systems Project Management addresses project management in the context of information systems. It deals with general project management principles, with focus on the special characteristics of information systems. It is based on an earlier text, but shortened to focus on essential project management elements.This updated version presents various statistics indicating endemic problems in completing information system projects on time, within budget, at designed functionality. While successful completion of an information systems project is a challenge, there are some things that ca

  11. Initial design of a relational database system for NPS computer asset identification and valuation for Risk Assessment.

    OpenAIRE

    Thompson, Fred W.

    1985-01-01

    Relational database technology is examined as a means to cupport computer Risk Assessment at the Naval Postgraduate School. The current methodology for conducting computer Risk Assessment within the Department of the Navy is used to construct an initial design for a relational database system. The initial design focuses on computer asset identification and valuation as the first step of the computer Risk Assessment process. http://archive.org/details/initialdesignofr00thom NA NA

  12. Long Term Asset Management Strategy for Refurbishment and Replacement of Nuclear Power Plants in Korea

    International Nuclear Information System (INIS)

    LTAM strategy was developed for the component level to efficiently manage aging and obsolescence. Systematic monitoring and proactive measures against aging mechanism will reduce unplanned loss due to failure of large components. Also, financial risk for lost power production will be minimized on the basis of fleet-wide LTAM strategies. (author)

  13. Value of monitoring in asset management: A social costbenefit analysis approach

    NARCIS (Netherlands)

    Zouch, M.; Courage, W.; Nápoles, O.M.

    2013-01-01

    We present a framework to investigate new monitoring techniques for infrastructures and assess their potential value for the network management. This framework is based on a social cost benefit analysis tool that aims to (i) assist decision makers in selecting and developing cost-effective new monit

  14. Managing hybrid marketing systems.

    Science.gov (United States)

    Moriarty, R T; Moran, U

    1990-01-01

    As competition increases and costs become critical, companies that once went to market only one way are adding new channels and using new methods - creating hybrid marketing systems. These hybrid marketing systems hold the promise of greater coverage and reduced costs. But they are also hard to manage; they inevitably raise questions of conflict and control: conflict because marketing units compete for customers; control because new indirect channels are less subject to management authority. Hard as they are to manage, however, hybrid marketing systems promise to become the dominant design, replacing the "purebred" channel strategy in all kinds of businesses. The trick to managing the hybrid is to analyze tasks and channels within and across a marketing system. A map - the hybrid grid - can help managers make sense of their hybrid system. What the chart reveals is that channels are not the basic building blocks of a marketing system; marketing tasks are. The hybrid grid forces managers to consider various combinations of channels and tasks that will optimize both cost and coverage. Managing conflict is also an important element of a successful hybrid system. Managers should first acknowledge the inevitability of conflict. Then they should move to bound it by creating guidelines that spell out which customers to serve through which methods. Finally, a marketing and sales productivity (MSP) system, consisting of a central marketing database, can act as the central nervous system of a hybrid marketing system, helping managers create customized channels and service for specific customer segments. PMID:10107959

  15. NASA's Risk Management System

    Science.gov (United States)

    Perera, Jeevan S.

    2011-01-01

    Leadership is key to success. Phased-approach for implementation of risk management is necessary. Risk management system will be simple, accessible and promote communication of information to all relevant stakeholders for optimal resource allocation and risk mitigation. Risk management should be used by all team members to manage risks -- risk office personnel. Each group is assigned Risk Integrators who are facilitators for effective risk management. Risks will be managed at the lowest-level feasible, elevate only those risks that require coordination or management from above. Risk reporting and communication is an essential element of risk management and will combine both qualitative and quantitative elements. Risk informed decision making should be introduced to all levels of management. Provide necessary checks and balances to insure that risks are caught/identified and dealt with in a timely manner. Many supporting tools, processes & training must be deployed for effective risk management implementation. Process improvement must be included in the risk processes.

  16. Chemical cleaning as an essential part of steam generator asset management

    International Nuclear Information System (INIS)

    This paper presents the mechanisms of steam generator fouling, various methodologies for mitigation and the AREVA C3 (Customised Chemical Cleaning) Concept as a solution to this problem in operating power plants. It also covers the principle of preventative versus curative chemical cleaning and innovative waste treatments options to manage the chemical cleaning liquid waste. Finally it presents the AREVA field experience covering these aspects. (author)

  17. Scalable Content Management System

    Directory of Open Access Journals (Sweden)

    Sandeep Krishna S, Jayant Dani

    2013-10-01

    Full Text Available Immense growth in the volume of contents every day demands more scalable system to handle and overcome difficulties in capture, storage, transform, search, sharing and visualization of data, where the data can be a structured or unstructured data of any type. A system to manage the growing contents and overcome the issues and complexity faced using appropriate technologies would advantage over measurable qualities like flexibility, interoperability, customizability, security, auditability, quality, community support, options and cost of licensing. So architecting aContent Management System in terms of enterprise needs and a scalable solution to manage the huge data growth necessitates a Scalable Content Management System.

  18. Learning Content Management Systems

    Directory of Open Access Journals (Sweden)

    Tache JURUBESCU

    2008-01-01

    Full Text Available The paper explains the evolution of e-Learning and related concepts and tools and its connection with other concepts such as Knowledge Management, Human Resources Management, Enterprise Resource Planning, and Information Technology. The paper also distinguished Learning Content Management Systems from Learning Management Systems and Content Management Systems used for general web-based content. The newest Learning Content Management System, very expensive and yet very little implemented is one of the best tools that helps us to cope with the realities of the 21st Century in what learning concerns. The debates over how beneficial one or another system is for an organization, can be driven by costs involved, efficiency envisaged, and availability of the product on the market.

  19. THE ROLE OF VALUE AT RISK IN THE MANAGEMENT OF ASSET AND LIABILITIES

    OpenAIRE

    Petria Nicolae; Cociuba Mihai; Zapodeanu Daniela

    2012-01-01

    ALM is the management of risk at enterprise level, the models used in ALM can be static or dynamic: single period-static models, multiple period static model, single period stochastic model, multi period stochastic model. While single period-static don't incorporate the dynamic of the economical changes the multiple period-static models are an extension of the single period-static model, the most common used are multi-period stochastic which model the evolution of financial series in time and...

  20. Making Enterprise Information Management (EIM) Work for Business A Guide to Understanding Information as an Asset

    CERN Document Server

    Ladley, John

    2010-01-01

    Organizations of all types struggle with information. Millions of dollars are spent on ERP applications to integrate data and yet this data still isn't accessible or relevant. Emails contain hidden liabilities. Safety manuals endanger workers. Worse, there is data and information being created and handled in every nook and cranny of large organizations, well out of view of formal oversight, but within view of customers and regulators. Thus far, any efforts to wrestle the "data-beast" to the ground have failed, and there exists a profound need for all levels of business management, not just IT,

  1. Liability valuation and optimal asset allocation

    OpenAIRE

    Inkmann, Joachim; Blake, David

    2004-01-01

    Current approaches to asset-liability management employ a sequence of distinct procedures to value liabilities and determine the asset allocation. First, a discount rate that is usually dic-tated by accounting standards is used to value liabilities. Second, the asset allocation is determined by maximizing some objective function in the surplus of assets over liabilities, taken as given the valuation of liabilities. We introduce a model that allows for the joint valuation of liabilities and th...

  2. Marketing intellectual assets: some approaches to estimation

    OpenAIRE

    Burlitska, Oksana Petrivna; Pinyak, Iryna Lyubomyrivna

    2012-01-01

    Main approaches to intellectual assets estimation in the context of the currentconception concerning the company cost management are systematized in the article. The attemptto introduce and classify the expenses dealing with marketing intellectual assets development ismade. The essential calculation procedures within comparative and profitable approaches in theintellectual assets estimation are found out. Our vision of the choice priority concerning theapproaches to certain marketing assets e...

  3. NASA's Risk Management System

    Science.gov (United States)

    Perera, Jeevan S.

    2013-01-01

    Phased-approach for implementation of risk management is necessary. Risk management system will be simple, accessible and promote communication of information to all relevant stakeholders for optimal resource allocation and risk mitigation. Risk management should be used by all team members to manage risks - not just risk office personnel. Each group/department is assigned Risk Integrators who are facilitators for effective risk management. Risks will be managed at the lowest-level feasible, elevate only those risks that require coordination or management from above. Risk informed decision making should be introduced to all levels of management. ? Provide necessary checks and balances to insure that risks are caught/identified and dealt with in a timely manner. Many supporting tools, processes & training must be deployed for effective risk management implementation. Process improvement must be included in the risk processes.

  4. Could weapon-grade plutonium be an asset for managing Pu inventories?

    International Nuclear Information System (INIS)

    Due to the temporary shortage of MOX fuel fabrication facilities, the stockpile of separated civilian grade Pu (CPu) is predicted to increase up to the turn of the century. An additional quantity of weapon grade Pu (WPu) will be progressively isolated at the same period. Both CPu and WPu surpluses require disposition as soon as feasible. Although non-proliferation concerns, established national policies, public acceptance problems and other considerations largely complicate the aspect of the use of WPu, it is worth examining the advantages which could result from a synergetic management of: LWR grade Pu to which AGR grade Pu might be associated; WPu; GCR grade Pu which should be considered as a Pu variety situated between the two first ones as far as their physical and neutronic characteristics are concerned. Two scenarios of integrated managements of the CPu varieties and WPu are being considered. They indicate several technical and economical advantages but also important problems to be resolved, mainly from the non-proliferation point of view. In that respect, it is concluded that, although no reasonable perspective exists to resolve these problems easily (or at all), the advantages justify an effort of the international community to consider how it could be implemented. (author). 24 refs, 2 figs, 5 tabs

  5. Enhancement and Commercialization of the Alloy Selection System for Elevated Temperatures - ASSET

    Energy Technology Data Exchange (ETDEWEB)

    Randy C. John

    2005-11-05

    A corrosion engineering information system was created to manage, correlate and predict corrosion of alloys and also to use thermochemical calculations to predict the occurrence of dominant corrosion mechanisms in hot gases found in many different chemical processes and other related industrial processes.

  6. Dynamic performance management system

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    An integrated, efficient and effective performance management system, "dynamic performance management system", is presented, which covers the entire performance management process including measures design, analysis, and dynamic update. The analysis of performance measures using causal loop diagrams, qualitative inference and analytic network process is mainly discussed. A real world case study is carried out throughout the paper to explain how the framework works. A software tool for DPMS, Performance Analyzer, is also introduced.

  7. Risk based knowledge assessments: towards a toolbox for managing key knowledge assets

    International Nuclear Information System (INIS)

    Full text: It is now well acknowledged that considerable Knowledge Management (KM) issues are faced by national and international nuclear communities. Much of these problems relate to issues of an ageing workforce and the significantly reduced influx of new generation of nuclear engineers and scientists. The management discipline of KM contains a broad spectrum of methods and techniques. However, the effective implementation of a KM strategy requires the selection and deployment of appropriate and targeted approaches that are pertinent to the particular issues of the technical or business area within an organisation. A clear strategy is contingent upon an assessment of what are the knowledge areas and what are the key (knowledge) risk areas. In particular the following issues have to be addressed: 'what knowledge exists?', 'what is the nature and format of that knowledge?' and 'what knowledge is key to our continued, safe, and effective operation?'. Answers to such questions will enable an organisation to prioritise KM effort and employ subsequent KM approaches that are appropriate. Subsequent approaches ranging from the utilisation of information technologies, such as databases; knowledge retention methods; and the setting up of Community of Practices to share knowledge and experience. This paper considers a risk assessment based approach to KM. In so doing the paper extends work previously reported on an approach to conducting knowledge audits by considering the integration of that approach with approaches to (knowledge) risk assessment. The paper also provides a brief review of the various KM approaches that can act to reduce the level of risk faced by an organisation. The paper concludes by reflecting upon the role, value of deploying such a risk based approach. (author)

  8. Medical Information Management System

    Science.gov (United States)

    Alterescu, S.; Hipkins, K. R.; Friedman, C. A.

    1979-01-01

    On-line interactive information processing system easily and rapidly handles all aspects of data management related to patient care. General purpose system is flexible enough to be applied to other data management situations found in areas such as occupational safety data, judicial information, or personnel records.

  9. Management Systems in Education.

    Science.gov (United States)

    Wagner, Ivan D.

    Management systems have been adapted for educational administration in response to the need for quality of educational opportunity, collective bargaining, school district consolidation, decreasing enrollments, accountability laws, limited financial resources, and participatory decision-making. Management systems adapted, not adopted, from business…

  10. A flexible methodology to integrate energy issue in strategic asset management in social housing: the ECOSIM French experience

    Energy Technology Data Exchange (ETDEWEB)

    Lacarriere, Bruno; Bourges, Bernard (Ecole des Mines de Nantes, Nantes (France)); Jallet, Paul (Le Toit Angevin, Angers (France))

    2009-07-01

    In order to improve the efforts to reduce energy use in the Social Housing sector, the IEE-ESAM project (completed in December 2008) aimed to develop adequate tools to integrate the issue of energy in strategic asset management (SAM) processes. The present work details a methodology built with the aim of a sufficient flexibility to be adaptable of the different Social Housing Operators (SHO) situations. The paper illustrates this methodology by a successful experience of development. The objective was to develop a tool satisfying the practical expectations of the Social Housing Operators. Examples of the difficulties that had to be overcome include difficulties in knowing in detail some technical properties of the housing stock (thermal properties, glazing properties, history of refurbishment) and lack of internal skills in thermal modelling to evaluate the different possible actions. The final tool developed can be used for one particular building, a set of buildings or at the whole stock scale. The tool does not use an integrated thermal calculation core but external databases and/or feedback based on experience. It offers a description of the energy performance level of the stock, points out the worst-performing elements, evaluates solutions to improve the energy performance (for building envelopes and equipments) and quantifies the gains (energy and carbon saved, financial) and the costs (investment) of these solutions. The tool assists the SHO in taking decisions (regarding priorities for investment) which include energy efficiency parameters in addition to classical SAM parameters. The success of the approach has been demonstrated by the SHO that manages the stock used as a field test for this project. They are currently using the tool developed from the methodology to plan stock investment actions.

  11. Lithium battery management system

    Science.gov (United States)

    Dougherty, Thomas J.

    2012-05-08

    Provided is a system for managing a lithium battery system having a plurality of cells. The battery system comprises a variable-resistance element electrically connected to a cell and located proximate a portion of the cell; and a device for determining, utilizing the variable-resistance element, whether the temperature of the cell has exceeded a predetermined threshold. A method of managing the temperature of a lithium battery system is also included.

  12. Asset prices and priceless assets

    OpenAIRE

    Penasse, J.N.G.

    2014-01-01

    The doctoral thesis studies several aspects of asset returns dynamics. The first three chapters focus on returns in the fine art market. The first chapter provides evidence for the existence of a slow-moving fad component in art prices that induces short-term return predictability. The article has been published in Economics Letters (Volume 122, Issue 3, pp. 432-434), and was written together with Christophe Spaenjers and Luc Renneboog. Chapter 2 investigates how fast is information incorpora...

  13. Physical dose reconstruction in case of radiological accidents: an asset for the victims' management

    International Nuclear Information System (INIS)

    In most cases of radiological accidents caused by an external source, the irradiation is heterogeneous, even for a whole body irradiation. Therefore, more than a whole body dose, estimating the dose distribution in the victim's organism is essential to assess biological damages. This dose distribution can be obtained by physical dosimetric reconstruction methods. The laboratory has developed several techniques based on experimental and numerical dose reconstruction and retrospective dosimetry by ESR in order to assess as accurately as possible and as quickly as possible the dose received and especially its distribution throughout the organism so that the physicians may fine tune their diagnosis and prescribe the most suitable treatment. These last years, these techniques were applied several times and each time the results obtained proved to be essential for the physicians in charge of the victims in order to define the therapeutic strategy. This article proposes a review of the physical dose reconstructions performed in the laboratory for recent radiological accidents focusing on the complementarity of the methods and the gain for the victims' management. (author)

  14. Pengaruh Good Corporate Governance, Total Asset Turnover, dan Earnings management Terhadap Nilai Perusahaan pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia

    OpenAIRE

    Ginting, Lias Karina

    2013-01-01

    The purpose of this study was to empirically test the simultaneous and partial influence of Good Corporate Government, Total Assets Turnover and Earnings Management on the value of company. The components of Good Corporate Government itself are Managerial Ownership, Institutional Ownership, Audit Committee, Board of Commissioner Composition, Audit Quality and the Number of Board of Commissioners. After the factor test was done, the variables used to represent Good Corporate Government were Ma...

  15. Distress Resolution in Nigerian Banking Sector: The Role of Assets and Liabilities Management

    OpenAIRE

    2013-01-01

    The banking industry has lost its position as the bedrock of Nigerian economy due to abysmal performance of the economy. The industry is known to have contributed in no small measure to the development of the economy. This industry is the enabling hub of national and global payment systems, which facilitate trade transactions within and amongst numerous national, regional and international economic units and by so doing; it enhances commerce, industry and exchange. Poor investment policy in t...

  16. Managing the Exploitation of Natural Assets: lessons for low income countries.

    OpenAIRE

    Collier, Paul; Venables, Anthony J.

    2008-01-01

    This paper provides an analytic review of the upstream aspects of the exploitation of natural resources: the assignment of ownership rights, taxation, the discovery process, extraction, renewability, and clean-up. It sets these issues within the principal-agent framework. It proposes that the present common system whereby governments sell extraction rights prior to discovery through signature bonuses is likely to be socially costly, since the sale of rights occurs at a stage wh...

  17. Asset and Liabilities Management. The Institutional Approach to ALM by Commercial Banks in Poland: a Special Focus on Risk Management

    OpenAIRE

    Katarzyna Zawalinska

    1999-01-01

    According to the early evidence, privatization and consolidation of banks have a strong favorable impact on the advancement of ALM and risk management methods. This paper examines various approaches to ALM by commercial banks in Poland. It elaborates results of the empirical survey of ALM and risk management techniques applied by banks in Poland. The survey was conducted in Spring 1999. The analysis shows that privatization of banks contributes to the improvement of efficiency and to better r...

  18. Program Management System manual

    International Nuclear Information System (INIS)

    The Program Management System (PMS), as detailed in this manual, consists of all the plans, policies, procedure, systems, and processes that, taken together, serve as a mechanism for managing the various subprograms and program elements in a cohesive, cost-effective manner. The PMS is consistent with the requirements of the Nuclear Waste Policy Act of 1982 and the ''Mission Plan for the Civilian Radioactive Waste Management Program'' (DOE/RW-0005). It is based on, but goes beyond, the Department of Energy (DOE) management policies and procedures applicable to all DOE programs by adapting these directives to the specific needs of the Civilian Radioactive Waste Management program. This PMS Manual describes the hierarchy of plans required to develop and maintain the cost, schedule, and technical baselines at the various organizational levels of the Civilian Radioactive Waste Management Program. It also establishes the management policies and procedures used in the implementation of the Program. These include requirements for internal reports, data, and other information; systems engineering management; regulatory compliance; safety; quality assurance; and institutional affairs. Although expanded versions of many of these plans, policies, and procedures are found in separate documents, they are an integral part of this manual. The PMS provides the basis for the effective management that is needed to ensure that the Civilian Radioactive Waste Management Program fulfills the mandate of the Nuclear Waste Policy Act of 1982. 5 figs., 2 tabs

  19. An investigation on wireless sensors for asset management and health monitoring of civil structures

    Science.gov (United States)

    Furkan, Mustafa; Mao, Qiang; Mazzotti, Matteo; DeVitis, John; Sumitro, S. Paul; Faridazar, Fred; Aktan, A. Emin; Moon, Franklin; Bartoli, Ivan

    2016-04-01

    Application of wireless sensors and sensor networks for Structural Health Monitoring has been investigated for a long time. Key limitations for practical use are energy requirements, connectivity, and integration with existing systems. Current sensors and sensor networks mainly rely on wired connectivity for communication and external power source for energy. This paper presents a suite of wireless sensors that are low-cost, maintenance free, rugged, and have long service life. The majority of the sensors considered were designed by transforming existing, proven, and robust wired sensors into wireless units. In this study, the wireless sensors were tested in laboratory conditions for calibration and evaluation along with wired sensors. The experimental results were also compared to theoretical results. The tests mostly show satisfactory performance of the wireless units. This work is part of a broader Federal Highway Administration sponsored project intended to ultimately validate a wireless sensing system on a real, operating structure to account for all the uncertainties, environmental conditions and operational variability that are encountered in the field.

  20. A reactive control strategy for networked hydrographical system management

    OpenAIRE

    Duviella, Eric; Chiron, Pascale; Charbonnaud, Philippe

    2011-01-01

    A reactive control strategy is proposed to improve the water asset management of complex hydrographical systems. This strategy requires the definition of rules to achieve a generic resource allocation and setpoint assignment. A modelling method of the complex hydro- graphical network based on a weighted digraph of instrumented points, is also presented. The simulation results of the strategy applied to a hydrographical system composed of one confluent and two difluents show its efficiency and...

  1. THE ROLE OF CONDITIONAL HETEROSKEDASTICITY IN IDENTIFYING AND ESTIMATING LINEAR TRIANGULAR SYSTEMS, WITH APPLICATIONS TO ASSET PRICING MODELS THAT INCLUDE A MISMEASURED FACTOR

    OpenAIRE

    Todd Prono

    2014-01-01

    SUMMARY A new estimator is proposed for linear triangular systems, where identification results from the model errors following a bivariate and diagonal GARCH(1,1) process with potentially time‐varying error covariances. This estimator applies when traditional instruments are unavailable. I demonstrate its usefulness on asset pricing models like the capital asset pricing model and Fama–French three‐factor model. In the context of a standard two‐pass cross‐sectional regression approach, this e...

  2. Applications of Ontologies in Knowledge Management Systems

    Science.gov (United States)

    Rehman, Zobia; Kifor, Claudiu V.

    2014-12-01

    Enterprises are realizing that their core asset in 21st century is knowledge. In an organization knowledge resides in databases, knowledge bases, filing cabinets and peoples' head. Organizational knowledge is distributed in nature and its poor management causes repetition of activities across the enterprise. To get true benefits from this asset, it is important for an organization to "know what they know". That's why many organizations are investing a lot in managing their knowledge. Artificial intelligence techniques have a huge contribution in organizational knowledge management. In this article we are reviewing the applications of ontologies in knowledge management realm

  3. Organizations must match assets

    International Nuclear Information System (INIS)

    The unprofitable state of the Canadian oil industry, the adverse economic environment, the difficulty of finding capital, and the diminishing resources of conventional lighter crude oil make it necessary for Canadian oil companies to match their organizations and their financing to their assets. This is illustrated according to the experience of Saskoil, a Saskatchewan oil and gas company. An increasing production of oil and natural gas, and an increasing amount of new oil production as heavy oil, led to organizational changes such as the purchase of an asphalt plant to provide the company with downstream experience, establishing a working group to explore and develop heavy oil resources, and forming a company to manage non-core assets. The latter company, Pasqua Resources, manages assets such as small properties and ownership interests in order to increase the operating efficiency of Saskoil. Pasqua provides Saskoil with a corporate and organizational vehicle to accommodate partnerships and joint venture capital invested in property purchase opportunities, and to manage any of Saskoil's divestiture activities

  4. Liquid Asset Ratios and Financial Sector Reform

    OpenAIRE

    Anne Marie Gulde

    1997-01-01

    As a monetary, selective credit, and government debt-management instrument, a liquid asset ratio is generally inefficient and may introduce serious distortions. However, it may play a limited role as a prudential instrument, particularly in less sophisticated banking systems or in the context of currency board arrangements. Recent trends in the use of this instrument have been to either abolish it altogether or to design it so as to minimize distortions. When necessary, these changes have bee...

  5. Packaging Software Assets for Reuse

    Science.gov (United States)

    Mattmann, C. A.; Marshall, J. J.; Downs, R. R.

    2010-12-01

    The reuse of existing software assets such as code, architecture, libraries, and modules in current software and systems development projects can provide many benefits, including reduced costs, in time and effort, and increased reliability. Many reusable assets are currently available in various online catalogs and repositories, usually broken down by disciplines such as programming language (Ibiblio for Maven/Java developers, PyPI for Python developers, CPAN for Perl developers, etc.). The way these assets are packaged for distribution can play a role in their reuse - an asset that is packaged simply and logically is typically easier to understand, install, and use, thereby increasing its reusability. A well-packaged asset has advantages in being more reusable and thus more likely to provide benefits through its reuse. This presentation will discuss various aspects of software asset packaging and how they can affect the reusability of the assets. The characteristics of well-packaged software will be described. A software packaging domain model will be introduced, and some existing packaging approaches examined. An example case study of a Reuse Enablement System (RES), currently being created by near-term Earth science decadal survey missions, will provide information about the use of the domain model. Awareness of these factors will help software developers package their reusable assets so that they can provide the most benefits for software reuse.

  6. Portfolio Management System

    Data.gov (United States)

    US Agency for International Development — PfMS is an implementation of WorkLenz. WorkLenz is USAID's portfolio management system tool. It is a commercially available, off-the-shelf (COTS) package that...

  7. Correspondence Management System

    Data.gov (United States)

    U.S. Environmental Protection Agency — CMS is EPA's correspondence tracking and workflow management system. It scans, logs, routes, tracks, and stores incoming and outgoing correspondence in all Program...

  8. Holdings Management System

    Data.gov (United States)

    National Archives and Records Administration — This system supports the physical management of permanent, hard-copy archival Records in the custody of National Archives and Records Administration program offices.

  9. Earned Value Management System

    Data.gov (United States)

    US Agency for International Development — EVMS is a system for measuring project performance and progress in an objective manner by supporting earned value management. EVMS has the ability to combine...

  10. Traffic Management Systems

    OpenAIRE

    Wei Chen; David Levinson

    2004-01-01

    This study uses regression analysis to evaluate long-run traffic management system performance. Three important traffic management systems in the Twin Cities metro area - Ramp Metering, Variable Message Signs (VMS), and Freeway Service Patrol (the Highway Helper Program) were evaluated with multiple regression models to predict link speed and incident rate. We find that ramp meters increase freeway link speed and reduce incident rate. Freeway Service Patrols increase link speed when incidents...

  11. A distribution management system

    Energy Technology Data Exchange (ETDEWEB)

    Verho, P.; Jaerventausta, P.; Kaerenlampi, M.; Paulasaari, H. [Tampere Univ. of Technology (Finland); Partanen, J. [Lappeenranta Univ. of Technology (Finland)

    1996-12-31

    The development of new distribution automation applications is considerably wide nowadays. One of the most interesting areas is the development of a distribution management system (DMS) as an expansion of the traditional SCADA system. At the power transmission level such a system is called an energy management system (EMS). The idea of these expansions is to provide supporting tools for control center operators in system analysis and operation planning. The needed data for new applications is mainly available in some existing systems. Thus the computer systems of utilities must be integrated. The main data source for the new applications in the control center are the AM/FM/GIS (i.e. the network database system), the SCADA, and the customer information system (CIS). The new functions can be embedded in some existing computer system. This means a strong dependency on the vendor of the existing system. An alternative strategy is to develop an independent system which is integrated with other computer systems using well-defined interfaces. The latter approach makes it possible to use the new applications in various computer environments, having only a weak dependency on the vendors of the other systems. In the research project this alternative is preferred and used in developing an independent distribution management system

  12. Marketing intellectual assets: some approaches to estimation

    Directory of Open Access Journals (Sweden)

    Burlitska, Oksana Petrivna

    2012-11-01

    Full Text Available Main approaches to intellectual assets estimation in the context of the currentconception concerning the company cost management are systematized in the article. The attemptto introduce and classify the expenses dealing with marketing intellectual assets development ismade. The essential calculation procedures within comparative and profitable approaches in theintellectual assets estimation are found out. Our vision of the choice priority concerning theapproaches to certain marketing assets estimation is proposed. The problems of intellectual assetsestimation are detected. They need all-round and deep study and elimination due to the matrix thatwould connect the spheres of the company key competence and the above-mentioned types of assets.

  13. Database Management System

    Science.gov (United States)

    1990-01-01

    In 1981 Wayne Erickson founded Microrim, Inc, a company originally focused on marketing a microcomputer version of RIM (Relational Information Manager). Dennis Comfort joined the firm and is now vice president, development. The team developed an advanced spinoff from the NASA system they had originally created, a microcomputer database management system known as R:BASE 4000. Microrim added many enhancements and developed a series of R:BASE products for various environments. R:BASE is now the second largest selling line of microcomputer database management software in the world.

  14. The Discussion of the Development and Supervision Measures of Securities Company's Collective Asset Management Business%券商集合资产管理业务发展及监管对策探析

    Institute of Scientific and Technical Information of China (English)

    朱晓俊; 张晓惠; 李文华; 何奇骑; 李云亮

    2012-01-01

    The asset management business of securities companies was not standard before their comprehensive treatments.Comprehensive treatments established the regulatory system foundation of the development of Securities Company's Collective Asset Management business,and consequently,this business turned over a new leaf with a great development.This paper emphasizes on the problems existing in the development of asset management business of securities companies,such as small scale,low operating efficiency,restrictive products sale,deviative products issue compared to investment mainstream and market operation,insufficient risk management and product innovation.In order to promote the continuous and healthy development of collective asset management business,some supervision measures are proposed,such as establishing philosophy of "counter-cyclical regulation",relaxing regulation,reinforcing supervision,expanding marketing,encouraging business innovation.%证券公司综合治理前资产管理业务极不规范。综合治理为券商集合资产管理业务规范发展奠定了制度基础,集合资产管理业务重获新生,得到了很大发展。本文着重分析了券商集合资产管理业务发展中存在的规模弱小、运行效率不高、产品销售存在制约、产品发行与投资主流和市场运行存在偏差、风险管理与产品创新不够等问题,提出了树立"逆周期监管"理念,放松管制,加强监管,拓展营销,鼓励券商进行业务创新等推动集合资产管理业务持续健康发展的监管对策。

  15. Experience with the ASSET service in Slovakia

    International Nuclear Information System (INIS)

    The experience with the ASSET service in Slovakia is described, including the following: ASSET follow-up mission to Bohunice Unit 1-2 NPP; IAEA peer review of the national Incident Reporting System in the Slovak Republic; ASSET seminar on prevention of incidents, Bratislava, January 8-12, 1996

  16. 12 CFR 560.160 - Asset classification.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Asset classification. 560.160 Section 560.160... Lending and Investment Provisions Applicable to all Savings Associations § 560.160 Asset classification... consistent with, or reconcilable to, the asset classification system used by OTS in its Thrift...

  17. Audit Management System

    CERN Document Server

    Alconada, Federico

    2015-01-01

    In the need of renewing their system, the Internal Audit department has given a proposal for building a new one. Taking into consideration the problems of their system they elaborated a requirement's list with the functionalities and features they were expecting from the new management system. This new system would be primarily for the use of the Internal Audit staff but it would also support the follow-up of internal audit recommendations by potentially all CERN staff members.

  18. The Importance of the Security Culture in SMEs as Regards the Correct Management of the Security of Their Assets

    Directory of Open Access Journals (Sweden)

    Antonio Santos-Olmo

    2016-07-01

    Full Text Available The information society is increasingly more dependent on Information Security Management Systems (ISMSs, and the availability of these kinds of systems is now vital for the development of Small and Medium-Sized Enterprises (SMEs. However, these companies require ISMSs that have been adapted to their special features, and which are optimized as regards the resources needed to deploy and maintain them. This article shows how important the security culture within ISMSs is for SMEs, and how the concept of security culture has been introduced into a security management methodology (MARISMA is a Methodology for “Information Security Management System in SMEs” developed by the Sicaman Nuevas Tecnologías Company, Research Group GSyA and Alarcos of the University of Castilla-La Mancha. for SMEs. This model is currently being directly applied to real cases, thus allowing a steady improvement to be made to its implementation.

  19. Using Selection Pressure as an Asset to Develop Reusable, Adaptable Software Systems

    Science.gov (United States)

    Berrick, S. W.; Lynnes, C.

    2007-12-01

    The Goddard Earth Sciences Data and Information Services Center (GES DISC) at NASA has over the years developed and honed a number of reusable architectural components for supporting large-scale data centers with a large customer base. These include a processing system (S4PM) and an archive system (S4PA) based upon a workflow engine called the Simple, Scalable, Script-based Science Processor (S4P); an online data visualization and analysis system (Giovanni); and the radically simple and fast data search tool, Mirador. These subsystems are currently reused internally in a variety of combinations to implement customized data management on behalf of instrument science teams and other science investigators. Some of these subsystems (S4P and S4PM) have also been reused by other data centers for operational science processing. Our experience has been that development and utilization of robust, interoperable, and reusable software systems can actually flourish in environments defined by heterogeneous commodity hardware systems, the emphasis on value-added customer service, and continual cost reduction pressures. The repeated internal reuse that is fostered by such an environment encourages and even forces changes to the software that make it more reusable and adaptable. Allowing and even encouraging such selective pressures to software development has been a key factor in the success of S4P and S4PM, which are now available to the open source community under the NASA Open Source Agreement.

  20. Data Grid Management Systems

    Science.gov (United States)

    Moore, Reagan W.; Jagatheesan, Arun; Rajasekar, Arcot; Wan, Michael; Schroeder, Wayne

    2004-01-01

    The "Grid" is an emerging infrastructure for coordinating access across autonomous organizations to distributed, heterogeneous computation and data resources. Data grids are being built around the world as the next generation data handling systems for sharing, publishing, and preserving data residing on storage systems located in multiple administrative domains. A data grid provides logical namespaces for users, digital entities and storage resources to create persistent identifiers for controlling access, enabling discovery, and managing wide area latencies. This paper introduces data grids and describes data grid use cases. The relevance of data grids to digital libraries and persistent archives is demonstrated, and research issues in data grids and grid dataflow management systems are discussed.

  1. Integrated management systems

    DEFF Research Database (Denmark)

    Jørgensen, Tine Herreborg; Remmen, Arne; Mellado, M. Dolores

    2006-01-01

    Different approaches to integration of management systems (ISO 9001, ISO 14001, OHSAS 18001 and SA 8000) with various levels of ambition have emerged. The tendency of increased compatibility between these standards has paved the road for discussions of, how to understand the different aspects...... of integration. The focus of the article is primarily to discuss three ambition levels of integration: from increased compatibility of system elements over coordination of generic processes to an embeddedness of an integrated management system (IMS) in a culture of learning and continuous improvements...... in order to make a coherent standard. So far, management systems have had major focus within organisations. However, in order to create competitive advantages for the organisation and contribute to a sustainable development, the IMS has to be expanded to include the whole product chain and all...

  2. Materials management information systems.

    Science.gov (United States)

    1996-01-01

    The hospital materials management function--ensuring that goods and services get from a source to an end user--encompasses many areas of the hospital and can significantly affect hospital costs. Performing this function in a manner that will keep costs down and ensure adequate cash flow requires effective management of a large amount of information from a variety of sources. To effectively coordinate such information, most hospitals have implemented some form of materials management information system (MMIS). These systems can be used to automate or facilitate functions such as purchasing, accounting, inventory management, and patient supply charges. In this study, we evaluated seven MMISs from seven vendors, focusing on the functional capabilities of each system and the quality of the service and support provided by the vendor. This Evaluation is intended to (1) assist hospitals purchasing an MMIS by educating materials managers about the capabilities, benefits, and limitations of MMISs and (2) educate clinical engineers and information system managers about the scope of materials management within a healthcare facility. Because software products cannot be evaluated in the same manner as most devices typically included in Health Devices Evaluations, our standard Evaluation protocol was not applicable for this technology. Instead, we based our ratings on our observations (e.g., during site visits), interviews we conducted with current users of each system, and information provided by the vendor (e.g., in response to a request for information [RFI]). We divided the Evaluation into the following sections: Section 1. Responsibilities and Information Requirements of Materials Management: Provides an overview of typical materials management functions and describes the capabilities, benefits, and limitations of MMISs. Also includes the supplementary article, "Inventory Cost and Reimbursement Issues" and the glossary, "Materials Management Terminology." Section 2. The

  3. A distribution management system

    Energy Technology Data Exchange (ETDEWEB)

    Jaerventausta, P.; Verho, P.; Kaerenlampi, M.; Pitkaenen, M. [Tampere Univ. of Technology (Finland); Partanen, J. [Lappeenranta Univ. of Technology (Finland)

    1998-08-01

    The development of new distribution automation applications is considerably wide nowadays. One of the most interesting areas is the development of a distribution management system (DMS) as an expansion to the traditional SCADA system. At the power transmission level such a system is called an energy management system (EMS). The idea of these expansions is to provide supporting tools for control center operators in system analysis and operation planning. Nowadays the SCADA is the main computer system (and often the only) in the control center. However, the information displayed by the SCADA is often inadequate, and several tasks cannot be solved by a conventional SCADA system. A need for new computer applications in control center arises from the insufficiency of the SCADA and some other trends. The latter means that the overall importance of the distribution networks is increasing. The slowing down of load-growth has often made network reinforcements unprofitable. Thus the existing network must be operated more efficiently. At the same time larger distribution areas are for economical reasons being monitored at one control center and the size of the operation staff is decreasing. The quality of supply requirements are also becoming stricter. The needed data for new applications is mainly available in some existing systems. Thus the computer systems of utilities must be integrated. The main data source for the new applications in the control center are the AM/FM/GIS (i.e. the network database system), the SCADA, and the customer information system (CIS). The new functions can be embedded in some existing computer system. This means a strong dependency on the vendor of the existing system. An alternative strategy is to develop an independent system which is integrated with other computer systems using well-defined interfaces. The latter approach makes it possible to use the new applications in various computer environments, having only a weak dependency on the

  4. Management Information System

    Science.gov (United States)

    1984-01-01

    New Automated Management Information Center (AMIC) employs innovative microcomputer techniques to create color charts, viewgraphs, or other data displays in a fraction of the time formerly required. Developed under Kennedy Space Center's contract by Boeing Services International Inc., Seattle, WA, AMIC can produce an entirely new informational chart in 30 minutes, or an updated chart in only five minutes. AMIC also has considerable potential as a management system for business firms.

  5. MICROCOMPUTER BUDGET MANAGEMENT SYSTEM

    OpenAIRE

    McGrann, James M.; Kent D. Olson; Powell, Timothy A.; Nelson, Ted R.

    1986-01-01

    The enterprise budget, whole farm cash flow, and income statement are fundamental tools of farm and ranch management. The "Microcomputer Budget Management System" (MBMS) is a microcomputer software package that facilitates the storage and use of information for crop and livestock budgeting. It performs the calculations for several enterprise budgeting formats and for preparation of whole farm resource use reports and financial statements. The MBMS also includes internal machinery and irrigati...

  6. Bank Customers Management System

    OpenAIRE

    Ebubeogu Amarachukwu Felix

    2015-01-01

    ABSTRACT The purpose of this project is in partial fulfilment of the requirements of Bachelor of Science Hon in Information Technology. The Design and development of this Bank customers Management system provides a more secured approach in managing bank customers information which strengthens the relationships between banks and their customers by providing the right solutions that uses a multi-level security to improve customer satisfaction. The technology used in developing this project is A...

  7. Safeguards information management system

    International Nuclear Information System (INIS)

    The requirements for the management of information at the IAEA and its Department of Safeguards are rapidly changing. Historically, the Department of Safeguards has had the requirement to process large volumes of conventional safeguards information. An information management system is currently in place that adequately handles the IAEA's conventional safeguards data needs. In the post-Iraq environment, however, there is a growing need to expand the IAEA information management capability to include unconventional forms of information. These data include environmental sampling results, photographs, video film, lists of machine tools, and open-source materials such as unclassified publications. The United States Department of Energy (DOE) has responded to this information management need by implementing the safeguards information management system (SIMS) initiative. SIMS was created by the DOE to anticipate and respond to IAEA information management needs through a multilaboratory initiative that will utilize an integrated approach to develop and deploy technology in a timely and cost effective manner. The DOE will use the SIMS initiative to co-ordinate US information management activities that support the IAEA Department of Safeguards. (author). 1 ref., 2 figs

  8. Information use in Dutch sewer assest management

    OpenAIRE

    Van Riel, W.A.P.; Langeveld, J.G.; Herder, P.M.; Clemens, F. H. L. R.

    2012-01-01

    Sewer systems are capital-intensive infrastructures, requiring appropriate asset management to safeguard serviceability. In the Netherlands, effective sewer asset management is described by De Leeuw’s control paradigm. Reliable data and information are key elements in decision-making for rehabilitation and renewal of the assets. Rehabilitation is often based on limited asset condition information. Although various sources described procedures for guiding decision-making for rehabilitation, it...

  9. Collaborative Document Management Systems

    OpenAIRE

    Viisainen, Harri

    2013-01-01

    The volume of the electronic documents that the company nowadays has to manage is high. Therefore the systematic document management has a significant role in company’s working process. The Internet has enabled that the software can be acquired as a service that operates in a cloud environment. In that case the company has the use of the software and pays only for the use. This study gathered the requirements for the cloud based documentation management system. The purpose of the study wa...

  10. Emergency Information Management System

    International Nuclear Information System (INIS)

    Information management is a key element for success for any planned activity. The same gains more importance in managing unplanned or off-normal activity. Availability of timely information is therefore a definite pre-requisite to success in handling the emergency/off-normal situations (mock or real). To meet this requirement of effectively managing various information being received during such conditions, Health Physics Unit at RAPS-5 and 6 has conceived, designed, developed and implemented a comprehensive integrated network based system, named Emergency Information Management System (ElMS). The system is highly scalable in terms of number of users and client systems. In addition, it may be extended to a decision support system which will assist the advisory groups in taking decision in light of incoming inputs/data. This system is highly helpful in organizing, presenting and displaying information in an orderly manner so as to help in handling, re-evaluation and reinforcing steps to mitigate the consequences and ensure optimum utilization of resources. The need of such a system has always been felt and its usage during recent wide scale Off-site emergency exercise at Rawatbhata Rajasthan Site has proven its advantages

  11. Tank Update System: A novel asset mapping approach for verifying and updating lakes using Google Maps

    Science.gov (United States)

    Reddy Pulsani, Bhaskar

    2016-06-01

    Mission Kakatiya is one of prestigious programs of Telangana state government under which restoration of tank across ten districts is being implemented. As part of the program, government plans to restore about 9,000 lakes. Therefore, to have a comprehensive list of lakes existing in Telangana state, Samagra Tank Survey was carried out. Data collected in this survey contained about 45,000 tanks. Since the mode of collection of data was not in a standard format and was made using excel, a web interface was created to fill the gaps and to standardise the data. A new approach for spatially identifying the lakes through Google maps was successfully implemented by developing a web interface. This approach is less common since it implements the nature of asset mapping for the lakes of Telangana state and shows the advantages of using online mapping applications such as Google maps in identifying and cross checking already existing lakes on it.

  12. Digital signage system management

    OpenAIRE

    Xiang, Tianshi

    2014-01-01

    This thesis presents the design and implementation of a digital signage system and shows how to manage this system efficiently with help of existing software tools. Digital signage systems are becoming ubiquitous in both public and private places with the decreasing cost of flat screen display panels and the development of telecommunication infrastructures. However, embarrassing displays with black screens or pop up error message boxes appeared frequently during the early stage of digital ...

  13. Faecal Sludge Management Systems

    OpenAIRE

    Strande, Linda; Brdjanovic, Damir

    2014-01-01

    "It is estimated that literally billions of residents in urban and peri-urban areas of Africa, Asia, and Latin America are served by onsite sanitation systems (e.g. various types of latrines and septic tanks). Until recently, the management of faecal sludge from these onsite systems has been grossly neglected, partially as a result of them being considered temporary solutions until sewer-based systems could be implemented. However, the perception of onsite or decentralized sanitation technolo...

  14. Intangible Assets-According to German GAAP

    Directory of Open Access Journals (Sweden)

    Heng Wang

    2009-02-01

    Full Text Available With the growth of global markets, intangible assets have become more and more important for both investors and managers in recent years. Although the economic importance of intangible assets has long been recognised, there has been extensive debate as to the definition of intangible assets, how to measure intangible assets, and the extent to which enterprises should be required to report these assets. Intangible Assets are likely to become increasingly important with the continuing development of high-technology industries and global service markets. The meaningful and comparable accounting for intangible assets is likely to remain one of the key international challenges facing the accounting profession during the next decade and beyond.

  15. Pickering tool management system

    International Nuclear Information System (INIS)

    Tools were being deployed in the station with no process in effect to ensure that they are maintained in good repair so as to effectively support the performance of Maintenance activities. Today's legal requirements require that all employers have a process in place to ensure that tools are maintained in a safe condition. This is specified in the Ontario Health and Safety Act. The Pickering Tool Management System has been chosen as the process at Pickering N.D to manage tools. Tools are identified by number etching and bar codes. The system is a Windows application installed on several file servers

  16. Optimal Asset Allocation in Asset Liability Management

    OpenAIRE

    Jules H. van Binsbergen; Michael W. Brandt

    2007-01-01

    We study the impact of regulations on the investment decisions of a defined benefits pension plan. We assess the influence of ex ante (preventive) and ex post (punitive) risk constraints on the gains to dynamic, as opposed to myopic, decision making. We find that preventive measures, such as Value-at-Risk constraints, tend to decrease the gains to dynamic investment. In contrast, punitive constraints, such as mandatory additional contributions from the sponsor when the plan becomes underfunde...

  17. Climate change in asset management of infrastructure: A risk-based methodology applied to disruption of traffic on road networks due to the flooding of tunnels

    OpenAIRE

    Huibregtse, E.; Morales Napoles, O.; Hellebrandt, L.; D. Paprotny; S. De Wit

    2016-01-01

    This paper presents a risk-based method to quantify climate change effects on road infrastructure, as a support for decision-making on interventions. This can be implemented in climate adaptation plans as an element of asset management. The method is illustrated by a specific case in which traffic on a road network is disrupted by the flooding of a tunnel due to extreme rainfall. Novel techniques to describe both probability of occurrence and consequences of an event are integrated into the p...

  18. Targeted assets risk analysis.

    Science.gov (United States)

    Bouwsema, Barry

    2013-01-01

    Risk assessments utilising the consolidated risk assessment process as described by Public Safety Canada and the Centre for Security Science utilise the five threat categories of natural, human accidental, technological, human intentional and chemical, biological, radiological, nuclear or explosive (CBRNE). The categories of human intentional and CBRNE indicate intended actions against specific targets. It is therefore necessary to be able to identify which pieces of critical infrastructure represent the likely targets of individuals with malicious intent. Using the consolidated risk assessment process and the target capabilities list, coupled with the CARVER methodology and a security vulnerability analysis, it is possible to identify these targeted assets and their weaknesses. This process can help emergency managers to identify where resources should be allocated and funding spent. Targeted Assets Risk Analysis (TARA) presents a new opportunity to improve how risk is measured, monitored, managed and minimised through the four phases of emergency management, namely, prevention, preparation, response and recovery. To reduce risk throughout Canada, Defence Research and Development Canada is interested in researching the potential benefits of a comprehensive approach to risk assessment and management. The TARA provides a framework against which potential human intentional threats can be measured and quantified, thereby improving safety for all Canadians. PMID:23615063

  19. Integrated management system

    International Nuclear Information System (INIS)

    A management system is developed in order to reflect the needs of the business and to ensure that the objectives of the organization will be achieved. The process model and each individual process within the system then needs to identify the drives or requirements from external customers and stakeholders, regulations, and standards such as ISO and 50-C-Q. The processes are then developed to address these drivers. Developing the process in this way makes it fully integrated and capable of incorporating any new requirements. The International Standard (ISO 9000:2000) promotes the adoption of a process approach when developing, implementing and improving the effectiveness of a quality management system to enhance customer satisfaction by meeting customer requirements. The IAEA Code recognizes that the entire work is a process which can be planned, assessed and improved. For an organization to function effectively, numerous linked activities have to be identified and managed. By definition a process is an activity that using resources and taking into account all the constraints imposed executes the necessary operations which transform the inputs in outcomes. Running a system of processes within an organization, identification of the interaction between the processes and their management can be referred to as a 'process approach'. The advantage of such an approach is the ensuring of the ongoing control over the linkage between the individual processes composing the system as well as over their combination and interaction. Developing a management system implies: identification of the process which delivers Critical Success Factor (CSFs) of the business; identifying the support processes enabling the CSFs to be accomplished; identifying the processes that deliver the business fundamentals. An integrated management system should include all activities not only those related to Quality, Health and Safety. When developing an IMS it is necessary to identify all of the drivers

  20. A Comparison Between a Dynamic and Static Approach to Asset Management Using CAPM Models on the Australian Securities Market

    Directory of Open Access Journals (Sweden)

    Dionigi Gerace

    2015-06-01

    Full Text Available Despite the capital asset pricing model being one of the most influential mod¬els in modern portfolio theory, it has also been a victim of criticism in numerous academic papers. Its assumptions which seem to be rather unre¬alistic, have caused many academics to improve the model by relaxing some of its restrictive statements. In this journal article, we compare the performance of an optimal portfolio of securities in the Australian securities market by constructing two theoretical portfolios; one using the capital asset pricing model which uses a single beta throughout a static investment horizon; and another, which allows the op¬timal portfolio to be rebalanced each week with an adjusted beta. The performance of the two theoretical portfolios is compared to determine the superior model. Overall, findings showed that due to rebalancing of the portfolio, the multiple period model was the superior model based on before and after transaction cost returns.

  1. INTERNAL CONTROLS AND THE POWER OF NEGOTIATION: THE ROLE OF IDENTITY MANAGEMENT IN THE PROTECTION OF INFORMATION ASSETS

    OpenAIRE

    David L. Coss

    2014-01-01

    This research is focused on developing an understanding of how individuals identify with their assigned roles and responsibility structures within an organization. Additionally it is concerned with how individuals approach their responsibility and accountability for protecting information assets within an organization. We utilize Social Identity Theory and Identity Theory as a lens for analyzing the negotiation process between an organization and their stakeholders, with respect to identifyin...

  2. Internal controls and the power of negotiation : the role of identity management in the protection of information assets

    OpenAIRE

    David L. Coss

    2014-01-01

    This research is focused on developing an understanding of how individuals identify with their assigned roles and responsibility structures within an organization. Additionally it is concerned with how individuals approach their responsibility and accountability for protecting information assets within an organization. We utilize Social Identity Theory and Identity Theory as a lens for analyzing the negotiation process between an organization and their stakeholders, with respect to identifyin...

  3. Managing Complex Dynamical Systems

    Science.gov (United States)

    Cox, John C.; Webster, Robert L.; Curry, Jeanie A.; Hammond, Kevin L.

    2011-01-01

    Management commonly engages in a variety of research designed to provide insight into the motivation and relationships of individuals, departments, organizations, etc. This paper demonstrates how the application of concepts associated with the analysis of complex systems applied to such data sets can yield enhanced insights for managerial action.

  4. Advanced Distribution Management System

    Science.gov (United States)

    Avazov, Artur R.; Sobinova, Liubov A.

    2016-02-01

    This article describes the advisability of using advanced distribution management systems in the electricity distribution networks area and considers premises of implementing ADMS within the Smart Grid era. Also, it gives the big picture of ADMS and discusses the ADMS advantages and functionalities.

  5. Content Management Systems

    Science.gov (United States)

    Wisniewski, Jeff; Stenstrom, Cheryl

    2007-01-01

    In this article, the authors provide a guide in acquiring content management system. They conducted a vendor survey that covers four areas: (1) general information about the product (including standards supported); (2) administration of the product; (3) functionality; and (4) contact information for readers who want to know more. A list of product…

  6. Database management systems

    CERN Document Server

    Pallaw, Vijay Krishna

    2010-01-01

    The text covers the fundamental concept and a complete guide to the prac- tical implementation of Database Management Systems. Concepts includes SQL, PL/SQL. These concepts include aspects of Database design, Data- base Languages, and Database System implementation. The entire book is divided into five units to ensure the smooth flow of the subject. The extra methodology makes it very useful for students as well as teachers.

  7. Scalable Content Management System

    OpenAIRE

    Sandeep Krishna S, Jayant Dani

    2013-01-01

    Immense growth in the volume of contents every day demands more scalable system to handle and overcome difficulties in capture, storage, transform, search, sharing and visualization of data, where the data can be a structured or unstructured data of any type. A system to manage the growing contents and overcome the issues and complexity faced using appropriate technologies would advantage over measurable qualities like flexibility, interoperability, customizabi...

  8. Blood Donation Management System

    OpenAIRE

    K M Akkas Ali; Israt Jahan; Md. Ariful Islam; Md. Shafa-at Parvez

    2015-01-01

    This paper is focused on Blood Donation Management System which is a web application with supporting mobile application aimed to serve as a communication tool between patients (who need blood) and blood donor. To become members of the system, donors need to create their profiles by providing fundamental information like name, blood group, email address, password, and exact location from “Google Map”. In order to find out the exact location of a donor, Google Map is integrated with this app...

  9. Management-Systeme

    OpenAIRE

    Winks, Jens-Uwe

    2010-01-01

    Eine Übersicht über Systeme für das Management von Datennetzen, die die Netzwerkgruppe des CMS einsetzt, bietet die folgende Abfassung. Es werden Systeme und Tools skizziert, die überwiegend für Netzwerkadministratoren interessant sind. Das Tool Netwatch bietet darüber hinaus unseren Nutzern die Möglichkeit, sich über den Netzwerkzustand zu informieren.

  10. Distribution management system

    Energy Technology Data Exchange (ETDEWEB)

    Verho, P.; Kaerenlampi, M.; Pitkaenen, M.; Jaerventausta, P.; Partanen, J.

    1997-12-31

    This report comprises a general description of the results obtained in the research projects `Information system applications of a distribution control center`, `Event analysis in primary substation`, and `Distribution management system` of the EDISON research program during the years of 1993 - 1997. The different domains of the project are presented in more detail in other reports. An operational state analysis of a distribution network has been made from the control center point of view and the functions which can not be solved by a conventional SCADA system are determined. The basis for new computer applications is shown to be integration of the computer systems. The main result of the work is a distribution management system (DMS), which is an autonomous system integrated to the existing information systems, SCADA and AM/FM/GIS. The system uses a large number of modelling and computation methods and provides an extensive group of advanced functions to support the distribution network monitoring, fault management, operations planning and optimization. The development platform of the system consists of a Visual C++ programming environment, Windows NT operating system and PC. During the development the DMS has been tested in a pilot utility and it is nowadays in practical use in several Finnish utilities. The use of a DMS improves the quality and economy of power supply in many ways; the outage times can, in particular, be reduced using the system. Based on the achieved experiences some parts of the DMS reached the commercialization phase, too. Initially the commercial products were developed by a software company, Versoft Oy. At present the research results are the basis of a worldwide software product supplied by ABB Transmit Co. (orig.) EDISON Research Programme. 28 refs.

  11. FOOD PROCESSING ASSETS

    OpenAIRE

    Gallo, Anthony E.

    1996-01-01

    U.S. food processing sector assets are valued at about $360 billion, or about 12 percent of all manufacturing assets. Profit and sales returns on assets in food processing are among the highest in the U.S. economy. Foreign holdings comprise a significant portion of food processors' assets.

  12. DESIGN AND IMPLEMENTATION OF UNIVERSITY ASSETS AND LABS INTEGRATED MANAGEMENT PLATFORM BASED ON B/S AND C/S COLLABORATIVE SERVICES%基于B/S与C/S协同服务的高校资产与实验室综合管理平台的设计实现

    Institute of Scientific and Technical Information of China (English)

    姜吉婷; 韩勇; 张小垒; 陈戈

    2014-01-01

    The thesis thoroughly investigates how to utilize B/S and C /S collaborative service technology to design and implement a plat-form for university assets management department to integratedly manage assets and labs.It comprehensively utilizes WPF,SilverLight,WCF service and other technologies to carry out system's collaborative architecture design.By combining a number of technologies,it implements an integrated business office platform to provide quick and convenient services for university routine assets management so as to solve the disorder and low-efficiency of university assets management situation at present,thus enabling university fixed assets management level to take another step upward,heading towards a new scientization,technologization and informatization stage.%深入研究如何通过 B/S、C /S 协同服务技术设计并实现一个可供高校资产管理部门对资产以及实验室进行综合管理的平台。结合使用 WPF(Windows Presentation Foundation)、SliverLight、WCF(Windows Communication Foundation)服务等技术进行系统的协同架构设计。通过多种技术的结合,实现一个屏蔽各种技术之间差异、可为高校日常的资产管理提供快速便捷服务的综合业务办公平台,解决当前高校资产管理混乱、效率低下的现状,使高校固定资产管理水平再上新台阶,迈向科技化、信息化新阶段。

  13. Capital Structure and Assets

    DEFF Research Database (Denmark)

    Flor, Christian Riis

    2008-01-01

    This paper analyzes a firm's capital structure choice when assets have outside value. Valuable assets implicitly provide a collateral and increase tax shield exploitation. The key feature in this paper is asset value uncertainty, implying that it is unknown ex ante whether the equity holders ex...... post optimally sell the assets or re-optimize the capital structure. Ex ante, more uncertain asset value decreases leverage, but not firm value, and selling the assets becomes less likely. Firms should tend to invest in assets whose value is less correlated to changes in earnings and, in addition...

  14. Air System Information Management

    Science.gov (United States)

    Filman, Robert E.

    2004-01-01

    I flew to Washington last week, a trip rich in distributed information management. Buying tickets, at the gate, in flight, landing and at the baggage claim, myriad messages about my reservation, the weather, our flight plans, gates, bags and so forth flew among a variety of travel agency, airline and Federal Aviation Administration (FAA) computers and personnel. By and large, each kind of information ran on a particular application, often specialized to own data formats and communications network. I went to Washington to attend an FAA meeting on System-Wide Information Management (SWIM) for the National Airspace System (NAS) (http://www.nasarchitecture.faa.gov/Tutorials/NAS101.cfm). NAS (and its information infrastructure, SWIM) is an attempt to bring greater regularity, efficiency and uniformity to the collection of stovepipe applications now used to manage air traffic. Current systems hold information about flight plans, flight trajectories, weather, air turbulence, current and forecast weather, radar summaries, hazardous condition warnings, airport and airspace capacity constraints, temporary flight restrictions, and so forth. Information moving among these stovepipe systems is usually mediated by people (for example, air traffic controllers) or single-purpose applications. People, whose intelligence is critical for difficult tasks and unusual circumstances, are not as efficient as computers for tasks that can be automated. Better information sharing can lead to higher system capacity, more efficient utilization and safer operations. Better information sharing through greater automation is possible though not necessarily easy.

  15. Power management system

    Science.gov (United States)

    Algrain, Marcelo C.; Johnson, Kris W.; Akasam, Sivaprasad; Hoff, Brian D.

    2007-10-02

    A method of managing power resources for an electrical system of a vehicle may include identifying enabled power sources from among a plurality of power sources in electrical communication with the electrical system and calculating a threshold power value for the enabled power sources. A total power load placed on the electrical system by one or more power consumers may be measured. If the total power load exceeds the threshold power value, then a determination may be made as to whether one or more additional power sources is available from among the plurality of power sources. At least one of the one or more additional power sources may be enabled, if available.

  16. Verification Account Management System (VAMS)

    Data.gov (United States)

    Social Security Administration — The Verification Account Management System (VAMS) is the centralized location for maintaining SSA's verification and data exchange accounts. VAMS account management...

  17. Mastering the management system.

    Science.gov (United States)

    Kaplan, Robert S; Norton, David P

    2008-01-01

    Companies have always found it hard to balance pressing operational concerns with long-term strategic priorities. The tension is critical: World-class processes won't lead to success without the right strategic direction, and the best strategy in the world will get nowhere without strong operations to execute it. In this article, Kaplan, of Harvard Business School, and Norton, founder and director of the Palladium Group, explain how to effectively manage both strategy and operations by linking them tightly in a closed-loop management system. The system comprises five stages, beginning with strategy development, which springs from a company's mission, vision, and value statements, and from an analysis of its strengths, weaknesses, and competitive environment. In the next stage, managers translate the strategy into objectives and initiatives with strategy maps, which organize objectives by themes, and balanced scorecards, which link objectives to performance metrics. Stage three involves creating an operational plan to accomplish the objectives and initiatives; it includes targeting process improvements and preparing sales, resource, and capacity plans and dynamic budgets. Managers then put plans into action, monitoring their effectiveness in stage four. They review operational, environmental, and competitive data; assess progress; and identify barriers to execution. In the final stage, they test the strategy, analyzing cost, profitability, and correlations between strategy and performance. If their underlying assumptions appear faulty, they update the strategy, beginning another loop. The authors present not only a comprehensive blueprint for successful strategy execution but also a managerial tool kit, illustrated with examples from HSBC Rail, Cigna Property and Casualty, and Store 24. The kit incorporates leading management experts' frameworks, outlining where they fit into the management cycle. PMID:18271319

  18. 48 CFR 28.203-2 - Acceptability of assets.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Acceptability of assets... Acceptability of assets. (a) The Government will accept only cash, readily marketable assets, or irrevocable... underlying bond obligations. (b) Acceptable assets include— (1) Cash, or certificates of deposit, or...

  19. 48 CFR 28.203-4 - Substitution of assets.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Substitution of assets. 28... assets. An individual surety may request the Government to accept a substitute asset for that currently... may agree to the substitution of assets upon determining, after consultation with legal counsel,...

  20. 48 CFR 52.228-11 - Pledges of Assets.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 2 2010-10-01 2010-10-01 false Pledges of Assets. 52.228... Pledges of Assets. As prescribed in 28.203-6, insert the following clause: Pledges of Assets (SEP 2009) (a... bond, or a payment bond— (1) Pledge of assets; and (2) Standard Form 28, Affidavit of Individual...

  1. HLT configuration management system

    CERN Document Server

    Daponte, Vincenzo

    2015-01-01

    The CMS High Level Trigger (HLT) is implemented running a streamlined version of the CMS offline reconstruction software running on thousands of CPUs. The CMS software is written mostly in C++, using Python as its configuration language through an embedded CPython interpreter. The configuration of each process is made up of hundreds of modules, organized in sequences and paths. As an example, the HLT configurations used for 2011 data taking comprised over 2200 different modules, organized in more than 400 independent trigger paths. The complexity of the HLT configurations and the large number of configuration produced require the design of a suitable data management system. The present work describes the designed solution to manage the considerable number of configurations developed and to assist the editing of new configurations. The system is required to be remotely accessible and OS-independent as well as easly maintainable easy to use. To meet these requirements a three-layers architecture has been choose...

  2. Managing Distributed Knowledge Systems

    DEFF Research Database (Denmark)

    Sørensen, Brian Vejrum; Gelbuda, Modestas

    2005-01-01

    The article argues that the growth of de novo knowledge-based organization depends on managing and coordinating increasingly growing and, therefore, distributed knowledge. Moreover, the growth in knowledge is often accompanied by an increasing organizational complexity, which is a result of....... This paper contributes to the research on organizations as distributed knowledge systems by addressing two weaknesses of the social practice literature. Firstly, it downplays the importance of formal structure and organizational design and intervention efforts by key organizational members. Secondly...

  3. Employee information managment system

    OpenAIRE

    Ekaande Mbole, Emmanuel

    2010-01-01

    This work involves the development of an Employees’ Information Management Application for Cameroon Development Corporation (CDC). CDC is an agro-industrial corporation with vast plantations and factories in the south west of Cameroon. With its huge labor force its human resources department formerly had a flat file system for handling employee information. This wasn’t quite good as it couldn’t meet up with the ever changing needs of the corporation. The aim of this project is to build a ...

  4. Obstetrical data management systems.

    Science.gov (United States)

    1997-03-01

    Obstetrical data management systems (OBDMSs) are computer systems designed to interface with fetal and maternal monitors. This allows monitoring and charting records to be created and maintained electronically and to be viewed from centralized workstations. In theory, these systems could eliminate paper record keeping from the obstetrics department altogether, although currently at least some paper documentation, such as fetal monitoring strips, is being kept. We evaluated five OBDMSs, one of which is no longer on the market and which we did not rate. Of the remaining systems, three were rated Acceptable; the fourth was rated Acceptable-Not Recommended because it lacks several important features and functions. This Evaluation also includes a Technology Overview, in which we discuss how OBDMSs function. The Overview incorporates a supplementary article, "Obstetrical Care Monitoring and Documentation," describing the monitoring and documentation typically performed during a pregnancy. And in the Selection and Use Guide, we discuss issues involved in choosing, purchasing, and implementing an OBDMS. PMID:9067726

  5. Geoinformation Systems as Automated Management System

    OpenAIRE

    Andrey Pavlov

    2013-01-01

    The article analyzes geoinformation systems (GIS) development as management systems, highlights the basic principles of decision-making in GIS, describes GIS storage systems and decision-making systems, discloses the use of GIS for the territory management and briefly describes the use of GIS for transport management and monitoring.

  6. Geoinformation Systems as Automated Management System

    Directory of Open Access Journals (Sweden)

    Andrey Pavlov

    2013-01-01

    Full Text Available The article analyzes geoinformation systems (GIS development as management systems, highlights the basic principles of decision-making in GIS, describes GIS storage systems and decision-making systems, discloses the use of GIS for the territory management and briefly describes the use of GIS for transport management and monitoring.

  7. Management Information Systems at CERN

    CERN Document Server

    Ferguson, J

    1986-01-01

    The specific areas addressed in the study are 1.Management decision support (data presentation, data base management systems â" DBMS, modeling) 2.Text processing, 3.Electronic communication for management purposes, 4.Office automation, 5.Administrative use of Management Information Systems (MIS) and in particular Administrative Data Processing (ADP).

  8. DIRAC Workload Management System

    CERN Document Server

    Paterson, S

    2007-01-01

    DIRAC (Distributed Infrastructure with Remote Agent Control) is the Workload and Data Management system (WMS) for the LHCb experiment. The DIRAC WMS offers a transparent way for LHCb users to submit jobs to the EGEE Grid as well as local clusters and individual PCs. This paper will describe workload management optimizations, which ensure high job efficiency and minimized job start times. The computing requirements of the LHCb experiment can only be fulfilled through the use of many distributed compute resources. DIRAC provides a robust platform to run data productions on all the resources available to LHCb including the EGEE Grid. More recently, user support was added to DIRAC that greatly simplifies the procedure of submitting, monitoring and retrieving output of Grid jobs for the LHCb user community. DIRAC submits Pilot Agents to the EGEE Grid via the gLite WMS as normal jobs. Pilot Agents then request jobs from the DIRAC Workload Management System after the local environment has been checked. Therefore DIR...

  9. Environmental Compliance Management System

    International Nuclear Information System (INIS)

    Argonne National Laboratory (ANL) is developing the Environmental Compliance Management System (ECMS) as a comprehensive, cost-effective tool to ensure (1) that the Laboratory complies with all applicable federal and state environmental laws and regulations, (2) that environmental issues and concerns are recognized and considered in the early phases of projects; and (3) that Laboratory personnel conduct Laboratory operations in the most environmentally acceptable manner. The ECMS is an expert computer system which is designed to allow project engineers to perform an environmental evaluation of their projects. The system includes a Master Program which collects basic project information, provide utility functions, and access the environmental expert modules, environmental expert system modules for each federal and state environmental law which allows the user to obtain specific information on how an individual law may affect his project; and site-specific databases which contain information necessary for effective management of the site under environmental regulations. The ECMS will have the capability to complete and print many of the necessary environmental forms required by federal and state agencies, including the Department of Energy

  10. Bank Customers Management System

    Directory of Open Access Journals (Sweden)

    Ebubeogu Amarachukwu Felix

    2015-08-01

    Full Text Available ABSTRACT The purpose of this project is in partial fulfilment of the requirements of Bachelor of Science Hon in Information Technology. The Design and development of this Bank customers Management system provides a more secured approach in managing bank customers information which strengthens the relationships between banks and their customers by providing the right solutions that uses a multi-level security to improve customer satisfaction. The technology used in developing this project is ASP.NET and the programming language used to develop this project is C and the IDE used is Microsoft Visual Studio 2013 professional in designing the front end while the back end uses Microsoft SQL Server 2012.

  11. The strategic importance of identifying knowledge-based and intangible assets for generating value, competitiveness and innovation in sub-Saharan Africa

    Directory of Open Access Journals (Sweden)

    Nicoline Ondari-Okemwa

    2011-01-01

    Full Text Available This article discusses the strategic importance of identifying intangible assets for creating value and enhancing competitiveness and innovation in science and technology in a knowledge economy with particular reference to the sub- Saharan Africa region. It has always been difficult to gather the prerequisite information to manage such assets and create value from them. The paper discusses the nature of intangible assets, the characteristics of a knowledge economy and the role of knowledge workers in a knowledge economy. The paper also discusses the importance of identifying intangible assets in relation to capturing the value of such assets, the transfer of intangible assets to other owners and the challenges of managing organizational intangible assets. Objectives of the article include: underscoring the strategic importance of identifying intangible assets in sub-Saharan Africa; examining the performance of intangible assets in a knowledge economy; how intangible assets may generate competitiveness, economic growth and innovation; and assess how knowledge workers are becoming a dominant factor in the knowledge economy. An extensive literature review was employed to collect data for this article. It is concluded in the article that organizations and governments in sub-Saharan Africa should look at knowledge-based assets as strategic resources, even though the traditional accounting systems may still be having problems in determining the exact book value of such assets. It is recommended that organizations and government departments in sub-Saharan Africa should implement a system of the reporting of the value of intangible organizational assets just like the reporting of the value of tangible assets; and that organizations in sub-Saharan Africa should use knowledge to produce “smart products and services” which command premium prices.

  12. On the use of genetic algorithm to optimize industrial assets lifecycle management under safety and budget constraints

    Energy Technology Data Exchange (ETDEWEB)

    Lonchampt, J.; Fessart, K. [EDF R and D, Departement MRI, 6, quai Watier, 78401 Chatou cedex (France)

    2013-07-01

    The purpose of this paper is to describe the method and tool dedicated to optimize investments planning for industrial assets. These investments may either be preventive maintenance tasks, asset enhancements or logistic investments such as spare parts purchases. The two methodological points to investigate in such an issue are: 1. The measure of the profitability of a portfolio of investments 2. The selection and planning of an optimal set of investments 3. The measure of the risk of a portfolio of investments The measure of the profitability of a set of investments in the IPOP tool is synthesised in the Net Present Value indicator. The NPV is the sum of the differences of discounted cash flows (direct costs, forced outages...) between the situations with and without a given investment. These cash flows are calculated through a pseudo-Markov reliability model representing independently the components of the industrial asset and the spare parts inventories. The component model has been widely discussed over the years but the spare part model is a new one based on some approximations that will be discussed. This model, referred as the NPV function, takes for input an investments portfolio and gives its NPV. The second issue is to optimize the NPV. If all investments were independent, this optimization would be an easy calculation, unfortunately there are two sources of dependency. The first one is introduced by the spare part model, as if components are indeed independent in their reliability model, the fact that several components use the same inventory induces a dependency. The second dependency comes from economic, technical or logistic constraints, such as a global maintenance budget limit or a safety requirement limiting the residual risk of failure of a component or group of component, making the aggregation of individual optimum not necessary feasible. The algorithm used to solve such a difficult optimization problem is a genetic algorithm. After a description

  13. On the use of genetic algorithm to optimize industrial assets lifecycle management under safety and budget constraints

    International Nuclear Information System (INIS)

    The purpose of this paper is to describe the method and tool dedicated to optimize investments planning for industrial assets. These investments may either be preventive maintenance tasks, asset enhancements or logistic investments such as spare parts purchases. The two methodological points to investigate in such an issue are: 1. The measure of the profitability of a portfolio of investments 2. The selection and planning of an optimal set of investments 3. The measure of the risk of a portfolio of investments The measure of the profitability of a set of investments in the IPOP tool is synthesised in the Net Present Value indicator. The NPV is the sum of the differences of discounted cash flows (direct costs, forced outages...) between the situations with and without a given investment. These cash flows are calculated through a pseudo-Markov reliability model representing independently the components of the industrial asset and the spare parts inventories. The component model has been widely discussed over the years but the spare part model is a new one based on some approximations that will be discussed. This model, referred as the NPV function, takes for input an investments portfolio and gives its NPV. The second issue is to optimize the NPV. If all investments were independent, this optimization would be an easy calculation, unfortunately there are two sources of dependency. The first one is introduced by the spare part model, as if components are indeed independent in their reliability model, the fact that several components use the same inventory induces a dependency. The second dependency comes from economic, technical or logistic constraints, such as a global maintenance budget limit or a safety requirement limiting the residual risk of failure of a component or group of component, making the aggregation of individual optimum not necessary feasible. The algorithm used to solve such a difficult optimization problem is a genetic algorithm. After a description

  14. Pembangunan Model Restaurant Management System

    OpenAIRE

    Fredy Jingga; Natalia Limantara

    2014-01-01

    Model design for Restaurant Management System aims to help in restaurant business process, where Restaurant Management System (RMS) help the waitress and chef could interact each other without paper limitation. This Restaurant Management System Model develop using Agile Methodology and developed based on PHP Programming Langguage. The database management system is using MySQL. This web-based application model will enable the waitress and the chef to interact in realtime, from the time they a...

  15. Environmental management system.

    Energy Technology Data Exchange (ETDEWEB)

    Salinas, Stephanie A.

    2010-08-01

    The purpose of the Sandia National Laboratories/New Mexico (SNL/NM) Environmental Management System (EMS) is identification of environmental consequences from SNL/NM activities, products, and/or services to develop objectives and measurable targets for mitigation of any potential impacts to the environment. This Source Document discusses the annual EMS process for analysis of environmental aspects and impacts and also provides the fiscal year (FY) 2010 analysis. Further information on the EMS structure, processes, and procedures are described within the programmatic EMS Manual (PG470222).

  16. Blood Donation Management System

    Directory of Open Access Journals (Sweden)

    K M Akkas Ali

    2015-06-01

    Full Text Available This paper is focused on Blood Donation Management System which is a web application with supporting mobile application aimed to serve as a communication tool between patients (who need blood and blood donor. To become members of the system, donors need to create their profiles by providing fundamental information like name, blood group, email address, password, and exact location from “Google Map”. In order to find out the exact location of a donor, Google Map is integrated with this application. The mobile application always updates the location of a donor. As a result, the system can automatically find a registered donor wherever he/she goes. Visitors can search blood donors from the home page by blood group and the place where blood is needed. The system will show the available donors along with their phone number, email address and mailing address through arranging them by nearest place and blood donation expire date. Visitors can send message to all donors through email but a member can send message using email and mobile phone. An appointment will be created only whenever a donor confirms that he/she will donate blood. Then the system will alert the donor before 12 hours of donation. Blood donors can also be searched from the mobile application, but this is only accessible for registered members. The goal of this paper is to reduce the complexity of the system to find blood donors in an emergency situation.

  17. 75 FR 34755 - Privacy Act; Proposed Alteration to Existing Systems of Records, Single Family Mortgage Asset...

    Science.gov (United States)

    2010-06-18

    ..., second and subordinate note and mortgage loan servicing functions. Title 5 U.S.C. 552a(e)(4) and (11... note and mortgage loan servicing functions. The SMART System is a comprehensive loan servicing system.../HS-58. The SMART system is utilized for accounting level detail on forward and reverse...

  18. Dukovany ASSET mission preparation

    International Nuclear Information System (INIS)

    We are in the final stages of the Dukovany ASSET mission 1996 preparation. I would like to present some of our recent experiences. Maybe they would be helpful to other plants, that host ASSET missions in future

  19. Ground Enterprise Management System Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Emergent Space Technologies Inc. proposes to develop the Ground Enterprise Management System (GEMS) for spacecraft ground systems. GEMS will provide situational...

  20. Salience and Asset Prices

    OpenAIRE

    Bordalo, Pedro; Gennaioli, Nicola; Shleifer, Andrei

    2013-01-01

    We present a simple model of asset pricing in which payoff salience drives investors' demand for risky assets. The key implication is that extreme payoffs receive disproportionate weight in the market valuation of assets. The model accounts for several puzzles in finance in an intuitive way, including preference for assets with a chance of very high payoffs, an aggregate equity premium, and countercyclical variation in stock market returns.

  1. Asset Pricing Theories

    OpenAIRE

    Michael Rothschild

    1985-01-01

    This article compares two leading models of asset pricing: the capital asset pricing model (CAPM) and the arbitrage pricing theory (APT): I argue that while the APT is compatible with the data available for testing theories of asset pricing, the CAPM is not. In reaching this conclusion emphasis is placed on the distinction between the unconditional (relatively incomplete) information which econometricians must use to estimate asset pricing models and the conditional (complete) information whi...

  2. Asset tracking in harsh environments

    International Nuclear Information System (INIS)

    Current economic times require tight control of all assets / inventory and processes a company manages. These items if managed correctly and timely can mean the difference between success and failure of a company. Cost savings in hard economic times are essential to allow a company to utilize its assets to the fullest potential by eliminating duplication and waste. Accurate process management leads to greater customer satisfaction and loyalty. Many industries and processes have believed it to be impossible to track their products or assets using bar-codes due to the unique conditions of their environment; whether it is high temperature, rough handling or chemicals. That has now changed. Companies specializing in identification methods have stepped up to the challenge and have overcome many obstacles of the past. It's no longer a paper or plastic bar-code world. The presentation will be broken down into four parts: 1) The differences between Asset and ID tracking; 2) Why does a company need to bar-code?; 3) The objections many companies use for not bar-coding; and, 4) What's new in bar-coding? Case study handouts and a reference list of various companies including software, labeling and attachment techniques will be available at the end of the presentation. (author)

  3. FILEM: a file management system

    International Nuclear Information System (INIS)

    The design of a multi-level store file management system is described. The index structure and functional capabilities of the system are presented. The paper discusses the roles of disk and tape in the system, how the system was debugged, periodic checks of the disk space management, some interesting statistics, and the future of the FILEM system. 4 figures

  4. Reliability Management for Information System

    Institute of Scientific and Technical Information of China (English)

    李睿; 俞涛; 刘明伦

    2005-01-01

    An integrated intelligent management is presented to help organizations manage many heterogeneous resources in their information system. A general architecture of management for information system reliability is proposed, and the architecture from two aspects, process model and hierarchical model, described. Data mining techniques are used in data analysis. A data analysis system applicable to real-time data analysis is developed by improved data mining on the critical processes. The framework of the integrated management for information system reliability based on real-time data mining is illustrated, and the development of integrated and intelligent management of information system discussed.

  5. Lack of self-averaging in random systems-Liability or asset?

    Science.gov (United States)

    Efrat, Avishay; Schwartz, Moshe

    2014-11-01

    The study of quenched random systems is facilitated by the idea that the ensemble averages describe the thermal averages for any specific realization of the couplings, provided that the system is large enough. Careful examination suggests that this idea might have a flaw, when the correlation length becomes of the order of the size of the system. We find that certain bounded quantities are not self-averaging when the correlation length becomes of the order of the size of the system. This suggests that the lack of self-averaging, expressed in terms of properly chosen signal-to-noise ratios, may serve to identify phase boundaries. This is demonstrated by using such signal-to-noise ratios to identify the boundary of the ferromagnetic phase of the random field Ising system and compare the findings with more traditional measures.

  6. Aggregate Implications of Micro Asset Market Segmentation

    OpenAIRE

    Chris Edmond; Pierre-Olivier Weill

    2011-01-01

    This paper develops a consumption-based asset pricing model to explain and quantify the aggregate implications of a frictional financial system, comprised of many financial markets partially integrated with one another. Each of our micro financial market's is inhabited by traders who are specialized in that markets type of asset. We specify exogenously the level of segmentation that ultimately determines how much idiosyncratic risk traders bear in their micro market and derive aggregate asset...

  7. Optimiser les ressources en images fixes avec un système de Digital Asset Management (DAM) ? Le cas d'Archimag

    OpenAIRE

    Senesi, Vera

    2010-01-01

    Ce mémoire a pour objectif de définir le DAM, Digital Asset Management. Il commence par exposer le contexte, le passage au numérique, qui a permis la naissance des systèmes de DAM, et définit ce système de gestion de contenu et ses spécificités. Il aborde ensuite dans une plate-forme DAM la chaîne des fonctions qui permet à tout média d'être numérisé et/ou intégré, indexé, édité, recherché, distribué, puis s'intéresse aux solutions DAM orientées images fixes. Enfin, il décrit le besoin d'une ...

  8. Environmental Management System Plan

    Energy Technology Data Exchange (ETDEWEB)

    Fox, Robert; Thorson, Patrick; Horst, Blair; Speros, John; Rothermich, Nancy; Hatayama, Howard

    2009-03-24

    Executive Order 13423, Strengthening Federal Environmental, Energy, and Transportation Management establishes the policy that Federal agencies conduct their environmental, transportation, and energy-related activities in a manner that is environmentally, economically and fiscally sound, integrated, continually improving, efficient, and sustainable. The Department of Energy (DOE) has approved DOE Order 450.1A, Environmental Protection Program and DOE Order 430.2B, Departmental Energy, Renewable Energy and Transportation Management as the means of achieving the provisions of this Executive Order. DOE Order 450.1A mandates the development of Environmental Management Systems (EMS) to implement sustainable environmental stewardship practices that: (1) Protect the air, water, land, and other natural and cultural resources potentially impacted by facility operations; (2) Meet or exceed applicable environmental, public health, and resource protection laws and regulations; and (3) Implement cost-effective business practices. In addition, the DOE Order 450.1A mandates that the EMS must be integrated with a facility's Integrated Safety Management System (ISMS) established pursuant to DOE P 450.4, 'Safety Management System Policy'. DOE Order 430.2B mandates an energy management program that considers energy use and renewable energy, water, new and renovated buildings, and vehicle fleet activities. The Order incorporates the provisions of the Energy Policy Act of 2005 and Energy Independence and Security Act of 2007. The Order also includes the DOE's Transformational Energy Action Management initiative, which assures compliance is achieved through an Executable Plan that is prepared and updated annually by Lawrence Berkeley National Laboratory (LBNL, Berkeley Lab, or the Laboratory) and then approved by the DOE Berkeley Site Office. At the time of this revision to the EMS plan, the 'FY2009 LBNL Sustainability Executable Plan' represented the most

  9. An Architecture for Context-Aware Knowledge Flow Management Systems

    CERN Document Server

    Jarrahi, Ali

    2012-01-01

    The organizational knowledge is one of the most important and valuable assets of organizations. In such environment, organizations with broad, specialized and up-to-date knowledge, adequately using knowledge resources, will be more successful than their competitors. For effective use of knowledge, dynamic knowledge flow from the sources to destinations is essential. In this regard, a novel complex concept in knowledge management is the analysis, design and implementation of knowledge flow management systems. One of the major challenges in such systems is to explore the knowledge flow from the source to the recipient and control the flow for quality improvements concerning the users' needs as possible. Therefore, the purpose of this paper is to provide an architecture in order to solve this challenge. For this purpose, in addition to the architecture for knowledge flow management systems, a new node selection strategy is provided with higher success rate compared to previous strategies.

  10. Cryptographic Key Management System

    Energy Technology Data Exchange (ETDEWEB)

    No, author

    2014-02-21

    This report summarizes the outcome of U.S. Department of Energy (DOE) contract DE-OE0000543, requesting the design of a Cryptographic Key Management System (CKMS) for the secure management of cryptographic keys for the energy sector infrastructure. Prime contractor Sypris Electronics, in collaboration with Oak Ridge National Laboratories (ORNL), Electric Power Research Institute (EPRI), Valicore Technologies, and Purdue University's Center for Education and Research in Information Assurance and Security (CERIAS) and Smart Meter Integration Laboratory (SMIL), has designed, developed and evaluated the CKMS solution. We provide an overview of the project in Section 3, review the core contributions of all contractors in Section 4, and discuss bene ts to the DOE in Section 5. In Section 6 we describe the technical construction of the CKMS solution, and review its key contributions in Section 6.9. Section 7 describes the evaluation and demonstration of the CKMS solution in different environments. We summarize the key project objectives in Section 8, list publications resulting from the project in Section 9, and conclude with a discussion on commercialization in Section 10 and future work in Section 11.

  11. Performance accuracy of real-time GPS asset tracking systems for timber haulage trucks travelling on both internal forest road and public road networks

    OpenAIRE

    Devlin, Ger; McDonnell, Kevin

    2009-01-01

    The GPSTRACK project has arisen as a result of a recommendation in the Forest Industry Transport Group (FITG) Code of Practice for Timber Haulage, which was to 'Encourage closer co-operation between consignors and hauliers to plan routes in a manner which optimizes the economic returns within a legal framework'. The project involved the installation of Bluetree global positioning systems (GPS) asset tracking systems onto two timber haulage trucks: an articulated Iveco Stralis 530 6⋆2 tractor ...

  12. Graphical Programming: A systems approach for telerobotic servicing of space assets

    International Nuclear Information System (INIS)

    Satellite servicing is in many ways analogous to subsea robotic servicing in the late 1970's. A cost effective, reliable, telerobotic capability had to be demonstrated before the oil companies invested money in deep water robot serviceable production facilities. In the same sense, aeronautic engineers will not design satellites for telerobotic servicing until such a quantifiable capability has been demonstrated. New space servicing systems will be markedly different than existing space robot systems. Past space manipulator systems, including the Space Shuttle's robot arm, have used master/slave technologies with poor fidelity, slow operating speeds and most importantly, in-orbit human operators. In contrast, new systems will be capable of precision operations, conducted at higher rates of speed, and be commanded via ground-control communication links. Challenges presented by this environment include achieving a mandated level of robustness and dependability, radiation hardening, minimum weight and power consumption, and a system which accommodates the inherent communication delay between the ground station and the satellite. There is also a need for a user interface which is easy to use, ensures collision free motions, and is capable of adjusting to an unknown workcell (for repair operations the condition of the satellite may not be known in advance). This paper describes the novel technologies required to deliver such a capability

  13. Hydropower: a vital asset in a power system with increased need for flexibility and firm capacity

    International Nuclear Information System (INIS)

    In a power system with increased need for flexibility, wind and solar power are characterised by considerable volatility across different scales and their output cannot be predicted with certainty. In order to deal with the resulting variations and forecast errors, system operators as well as electricity markets will need to have access to increasing volumes of flexibility as the penetration of wind and solar power grows. Due to their flexibility and size, hydropower plants are perfectly suited for supplying these capabilities to current and future electricity markets and power systems. Storage as well as pump storage plants can be quickly started within a few minutes and adjust their output within seconds. Consequently, hydropower plants are able to follow even major variations in real time. (author)

  14. Supplier Management System

    Science.gov (United States)

    Ramirez, Eric; Gutheinz, Sandy; Brison, James; Ho, Anita; Allen, James; Ceritelli, Olga; Tobar, Claudia; Nguyen, Thuykien; Crenshaw, Harrel; Santos, Roxann

    2008-01-01

    Supplier Management System (SMS) allows for a consistent, agency-wide performance rating system for suppliers used by NASA. This version (2.0) combines separate databases into one central database that allows for the sharing of supplier data. Information extracted from the NBS/Oracle database can be used to generate ratings. Also, supplier ratings can now be generated in the areas of cost, product quality, delivery, and audit data. Supplier data can be charted based on real-time user input. Based on these individual ratings, an overall rating can be generated. Data that normally would be stored in multiple databases, each requiring its own log-in, is now readily available and easily accessible with only one log-in required. Additionally, the database can accommodate the storage and display of quality-related data that can be analyzed and used in the supplier procurement decision-making process. Moreover, the software allows for a Closed-Loop System (supplier feedback), as well as the capability to communicate with other federal agencies.

  15. ENVIRONMENTAL MANAGEMENT SYSTEMS CERTIFICATION

    Directory of Open Access Journals (Sweden)

    Aniko Miler-Virc

    2012-12-01

    Full Text Available ISO 14001 prescribes the requirements for a system, not environmental performance itself. Similarly, certification is of the management system itself, not environmental performance. An audit is not conducted to ascertain whether your flue gas emissions are less than X part per million nitrous oxide or that your wastewater effluent contains less that Y milligrams of bacteria per litre. Consequently, the procces of auditing the system for compliance to the standard entails checking to see that all of the necessary components of a functioning system are present and working properly.           A company can have a complete and fully functional EMS as prescribed by ISO 14001 without being certified. As certification can add to the time and expense of EMS development, it is important for you to establish, in advance, whether certification is of net benefit to you. Although most companies that develop an EMS do in fact certify, there are cases where certification does not add immediate value. Certification is not always beneficial to small and medium sized companies. Certification is not always necessary for companies with one or two large clients with environmental demands who are satisfied that you have a functional EMS (second-party declaration. Whatever decision you make, it is important to remember that just as a driver′s licence does not automatically make you a good driver, ISO 14001 certification does not automatically make your company environmentally benign or ensure that you will continually improve environmental performance. The system is only as good as the people who operate it.

  16. Asset Identification for Security Risk Assessment in Web Applications

    Directory of Open Access Journals (Sweden)

    Hisham M. Haddad

    2009-12-01

    Full Text Available As software applications become more complex they require more security, allowing them to reach an appropriate level of quality to manage information, and therefore achieving business objectives. Web applications represent one segment of software industry where security risk assessment is essential. Web engineering must address new challenges to provide new techniques and tools that guarantee high quality application development. This work focuses asset identification, the initial step in security risk assessment for web applications. Risk assessment helps organizations determine security risks in information management systems. The formal approach to identifying information assets for risk assessment is investigated using the MAGERIT methodology and EBIOS method. This work is carried out at Sim?n Bolivar University (Venezuela for its Student Opinion Survey Coordination web-based application. Under this research, a methodological tool for asset identification was developed to help the University achieve security risk assessment. Assets are identified according to their priorities in the organizational environment. This work contributes to Web Engineering in general, and to Information Security Management with emphasis on security risk assessment.

  17. Updating Fixed Production Assets: Incentive Tools

    Directory of Open Access Journals (Sweden)

    Maria P. Merzlova

    2014-11-01

    Full Text Available Based on an analysis of national statistics on the structure and condition fixed production assets of Russiancompanies identified disparities in the structure of the fixed assets in Russia, as well as a high degree of wear andtear, (about 50%. In the study, the reasons for the poor state of basic production assets and identify opportunitiesto overcome the problem of low investment activity of domestic enterprises in the modernization of productionis determined that one of the main constraints is the current tax system and the associated high cost of investment.Determined that under the tax laws do not give preferences to the expected positive effect, because it does nothave a significant impact on reducing the cost of acquisition of machinery and equipment due to the highproportion of it indirect taxes (VAT, duties, which reduces the investment business opportunities at the sametime holding back the development of domestic engineering and construction industry, which are created and thebasic production assets (active and passive parts of them. As stimulus measures proposed substantial cuts inVAT and duties, and in high-tech equipment in strategic industries - complete their cancellation. Dropping out inconnection with this budget revenues at the initial stage may compensate by increasing excise taxes on certainproducts that are detrimental to public health (alcohol and tobacco, increased taxation on the export of capital.As a non-tax instruments to promote development of the proposed technical outsourcing (after-sales service ofprocess equipment, the use of which will provide the companies who invest in technological renovation ofproduction, significant cost savings by reducing the costs associated with the content in the state of highlyspecialized staff and simplify the process of enterprise management . The enterprises of mechanical engineeringwill be able to sustainable development and establishing long-term business relationships with client

  18. Manpower management information system /MIS/

    Science.gov (United States)

    Gravette, M. C.; King, W. L.

    1971-01-01

    System of programs capable of building and maintaining data bank provides all levels of management with regular manpower evaluation reports and data source for special management exercises on manpower.

  19. An Intrusion Detection System for the Protection of Railway Assets Using Fiber Bragg Grating Sensors

    Directory of Open Access Journals (Sweden)

    Angelo Catalano

    2014-09-01

    Full Text Available We demonstrate the ability of Fiber Bragg Gratings (FBGs sensors to protect large areas from unauthorized activities in railway scenarios such as stations or tunnels. We report on the technological strategy adopted to protect a specific depot, representative of a common scenario for security applications in the railway environment. One of the concerns in the protection of a railway area centers on the presence of rail-tracks, which cannot be obstructed with physical barriers. We propose an integrated optical fiber system composed of FBG strain sensors that can detect human intrusion for protection of the perimeter combined with FBG accelerometer sensors for protection of rail-track access. Several trials were carried out in indoor and outdoor environments. The results demonstrate that FBG strain sensors bonded under a ribbed rubber mat enable the detection of intruder break-in via the pressure induced on the mat, whereas the FBG accelerometers installed under the rails enable the detection of intruders walking close to the railroad tracks via the acoustic surface waves generated by footsteps. Based on a single enabling technology, this integrated system represents a valuable intrusion detection system for railway security and could be integrated with other sensing functionalities in the railway field using fiber optic technology.

  20. An intrusion detection system for the protection of railway assets using Fiber Bragg Grating sensors.

    Science.gov (United States)

    Catalano, Angelo; Bruno, Francesco Antonio; Pisco, Marco; Cutolo, Antonello; Cusano, Andrea

    2014-01-01

    We demonstrate the ability of Fiber Bragg Gratings (FBGs) sensors to protect large areas from unauthorized activities in railway scenarios such as stations or tunnels. We report on the technological strategy adopted to protect a specific depot, representative of a common scenario for security applications in the railway environment. One of the concerns in the protection of a railway area centers on the presence of rail-tracks, which cannot be obstructed with physical barriers. We propose an integrated optical fiber system composed of FBG strain sensors that can detect human intrusion for protection of the perimeter combined with FBG accelerometer sensors for protection of rail-track access. Several trials were carried out in indoor and outdoor environments. The results demonstrate that FBG strain sensors bonded under a ribbed rubber mat enable the detection of intruder break-in via the pressure induced on the mat, whereas the FBG accelerometers installed under the rails enable the detection of intruders walking close to the railroad tracks via the acoustic surface waves generated by footsteps. Based on a single enabling technology, this integrated system represents a valuable intrusion detection system for railway security and could be integrated with other sensing functionalities in the railway field using fiber optic technology. PMID:25268920

  1. System Security Management in SNMP

    Directory of Open Access Journals (Sweden)

    P. Deivendran

    2010-05-01

    Full Text Available We present a framework for managing system security, based on a SNMP Management Information Base (MIB, namely the System Security MIB (SSEC MIB, We have defined managed objects and completed the ASN.1 description of the MIB that embeds them. The related security management functions are mainly focused on monitoring external script execution for system security scanning and access control. The main goal of this work is to introduce the semantics and a standard interface that will allow the realization of specific system security management functions independently of the underlying architecture. Our definitions pertain to multi-user; multi-tasking operating systems that support TCP/IP communications and a prototype of the SSEC MIB are under development for UNIX system. The proposed management framework follows the manager agent paradigm: an agent is installed on every system connected to the network, communicating with one or more central managers through a management protocol. We have tried not to heavily rely on polling for the manager-agent interaction by using as much as possible asynchronous notification mechanisms and allowing some limited delegated functionality for the agent (scheduling and handling of local scripts. The manager scans the agents for security information, sets specific parameters for monitoring and script execution and receives asynchronous notifications on specific events, whereas the agent maintains a MIB that provides the system-independent interface semantics, executes scripts for security scanning, performs monitoring & logging and generates the asynchronous notification PDUs.

  2. Protecting high value assets in transit

    International Nuclear Information System (INIS)

    This paper reports that one of the most daunting tasks facing a security manager is how to protect classified or high value assets such as nuclear materials in transit, especially when the shipment is to be handled by a commercial carrier. There are many opportunities for an adversary to gain access to cargo shipments en route, including situations in which the cargo must be held in storage for weeks or even months. Standard commercial alarm systems are not suitable for use in containers subject to vibration or high and low temperature extremes, or situations in which national assets might be used to gain surreptitious access to the container and to defeat the alarm system. A new alarm monitoring system has been developed to provide a secure auditing system for use in rail cars, Conex containers, and other transportable containers. The system, referred to as the PEL-100, electronically supervises intrusion detection sensors mounted on or within a container, and records all intrusion attempts in a secure, solid state memory storage device. The security archive can be withdrawn and reviewed after the container has completed its travels, and will provide a complete audit trail of intrusion attempts in transit. The PEL-100 includes one of the most comprehensive security tamper systems ever fielded, and is intended to operate reliably and securely in an environment subject to vibration, EMI/RFI emissions, electronic spoofing, and physical manipulation. The unit provides a clear and unambiguous indication of tampering and includes a comprehensive internal security system to detect insider tampering

  3. CONSIDERATION REGARDING CURRENT ASSETS IN THE CONSTRUCTION ENTITIES

    Directory of Open Access Journals (Sweden)

    Laura Adriana COJOCARU (ALIONESCU

    2014-06-01

    Full Text Available Accounting for current assets mainly aims to obtain useful information on the management of their best in order to make management decisions. Counting efficiency of these assets, their importance, provides improved performance of the entity. In this paper we want to study the degree of implementation of policies and accounting treatments on the current assets in the specific construction economic entities, the problems of implementation and thus better addressing their theoretical and procedural to improve the information provided by financial statements. Due to the importance of proper conduct of business owned entities, accounting current assets should result in optimal and efficient control of current assets.

  4. Performance Study of an Ultra-Wideband Indoor Localization and Asset Tracking System

    OpenAIRE

    Youn, Jong-Hoon; Cho, Yong

    2010-01-01

    According to the results of our experimental study, the accuracy of the UWB position system depends upon several factors, including precise knowledge of all receiver and reference tag locations. Absolute tag position accuracy of better than 19 cm has been demonstrated in an open space and 48 cm for a closed space. It is recommended that the receiver be located as high as possible to cover a larger area. Also, it is important to strategically select the direction of the receiver and have a min...

  5. Changeability of production management systems

    NARCIS (Netherlands)

    Hoogenraad, M. S.; Wortmann, J. C.; Olhager, J; Persson, F

    2007-01-01

    Modem production management systems consist of transaction processing systems and decision enhancement systems. A clear example of two such components are an ERP systems and APS systems. These systems are often standard software systems, and therefore suitable for many different situations. This pap

  6. Toward a Phase-Model of Global Knowledge Management Systems in Multinational Corporations

    DEFF Research Database (Denmark)

    Nielsen, Bo Bernhard; Michailova, Snejina

    2004-01-01

    According to Heinrich v. Pierer, CEO at Siemens, `an e-business year is only three months long. Ifyou want to be a leader in this fast-paced world, you must be faster than the others. Just being onboard is by far not enough'. The ability to be faster than others, however, is only relevant if it...... islinked to management of key assets in the pursuit of continuous competitive advantage. The keyasset of the present is knowledge and in the future it is likely to be continuous and timelyinnovation based on effective management of knowledge assets. Most firms today, however, lack aneffective Knowledge......-outperform competition and becomeleaders of the e-conomy'. Using examples from a number of large multinational companies thispaper proposes a phase model for the development of a global Knowledge Management Systemwith attention to pertinent policy and management issues in each stage.Keywords: Knowledge management system...

  7. The root/rhizome system of seagrasses: an asset and a burden

    Science.gov (United States)

    Hemminga, M. A.

    1998-06-01

    Large-scale declines in seagrass vegetation have been frequently observed in recent decades. Many of these declines can be traced to the reduction of light levels in the water column. In this paper, it is argued that the root/rhizome system offers a competitive advantage in nutrient-poor waters, but that it makes the plant vulnerable when changes in water quality lead to reduction of incident light. Seagrasses are capable of exploiting the nutrient stocks of both the water column and the sediment pore water, by leaves and roots, respectively. A survey of the literature shows that the median concentrations of water-column ammonium and phosphate in seagrass beds worldwide are 1.7 and 0.35 μM, respectively, whereas the same compounds in the pore water of the root zone reach median concentrations of 60 and 6.5 μM. The dual possibilities for nutrient uptake may underlie the apparent lack of strongly developed nutrient conservation strategies in seagrasses. The possession of roots becomes a disadvantage when the photosynthetically active radiation available to the plants decreases. At saturating light levels, the maximum rate of net photosynthesis (measured as O 2 production) of the leaves typically exceeds leaf respiration (measured as O 2 consumption) about 5 times. In low-light environments, the respiring below-ground biomass (which can greatly exceed the above-ground biomass) can be a considerable burden to the carbon balance of the plant, limiting its survival potential. In addition, secondary and tertiary effects of light reduction involving the roots and rhizomes may undermine plant vitality as well. Leaf photosynthesis is the major source of oxygen for the roots and rhizomes. Hence, decreased photosynthetic activity following light reduction may lead to hypoxic or anoxic conditions in the below-ground organs, presumably making them vulnerable to carbon starvation. A decreased flux of oxygen to the roots and rhizomes also restricts the possibilities for

  8. CEFR information management system solution

    International Nuclear Information System (INIS)

    Based on finished information resources planning scheme for China sodium cooled experimental fast breeder reactor and the advanced information resources management solution concepts were applied, we got the building solution of CEFR information management systems. At the same time, the technical solutions of systems structures, logic structures, physical structures, development platforms and operation platforms for information resources management system in fast breeder reactors were developed, which provided programmatic introductions for development works in future. (authors)

  9. Build Your Own Inventory System. Annual Cost: $100.00 (Approximate). Fixed Assets, Materials and Supplies. The Practical Elements for a Computerized, Continuing Inventory System in Schools and Use in Determining a Measure for Instructional Cost.

    Science.gov (United States)

    Payne, Arnold, Comp.

    This publication presents performance flow charts and other accompanying forms that are elements of an economical computerized continuing inventory system. The system described here is intended to serve school systems as an adequate fixed asset system and to provide a computerized inventory model that offers support for costs of future educational…

  10. From Identity to Contract:Analysis and Reconstruction of the System for Investors of State-owned Enterprises Assets%从身份到契约:企业国有资产出资人制度剖析与重构

    Institute of Scientific and Technical Information of China (English)

    荣振华; 张拓

    2011-01-01

    《企业国有资产法》围绕着出资人设计了一系列制度,但这些制度在实践中回应的结果是未能按立法者所愿发挥其应有的作用,其本质根源在于人们对企业国有资产属性的忽视,及履行出资人职能机构的误读,我们不能忽视企业国有资产的特殊属性,应对其进行细化分类,并对不同类别的企业国有资产进行分化管理经营,对于竞争性国有资产进行契约经营,使这部分国有资产还利于民。%The Law of State-Owned Enterprises Assets has designed a series of system around contributor Institutions,But the results of the response in practice does not play their due role in accordance with lawmakers wish,its essence source exist in the ignore of attribution of state-owned enterprise assets,and the misreading of the special identity of performing the contributor's duties of institutions.We can not ignore the special properties of state-owned enterprises assets,and we should make the detailed classification,and the different categories of state-owned assets of enterprises need different management,the competitive state-owned enterprise assets need contract management,so that this part of assets would bring profits back to the people.

  11. FARSYS : a knowledge-based system for managing strategic change

    NARCIS (Netherlands)

    Volberda, HW; Rutges, A

    1999-01-01

    In theories of strategic management, organizational flexibility is considered as a strategic asset in situations in which anticipation is impossible and strategic surprise likely. In these situations, the use of traditional planning strategies will be increasingly supplemented and sometimes replaced

  12. Fluid management system technology discipline

    Science.gov (United States)

    Symons, E. Patrick

    1990-01-01

    Viewgraphs on fluid management system technology discipline for Space Station Freedom are presented. Topics covered include: subcritical cryogenic storage and transfer; fluid handling; and components and instrumentation.

  13. Liquidity-related plan asset issues.

    Science.gov (United States)

    Murphy, B B; Johnson, M K; Zorn, W P

    2000-12-01

    By about 2025, most baby boomers will have retired, which will put a tremendous strain on public sector pension plans. Many will experience negative cash flows, and liquidity will be an increasing concern. Asset/liability studies can help measure the effect of this risk on system funding and contribution requirements, resulting in more informed asset allocation choices and benefit policies. PMID:11188405

  14. Managing organizational culture within a management system

    International Nuclear Information System (INIS)

    The Point Lepreau Generating Station (PLGS) is currently undergoing a major refurbishment of its nuclear reactor. At the same time, a small team is designing the organization that will operate the plant after refurbishment. This paper offers a high level overview of the Post-Refurbishment Organization (PRO) project and will focus primarily on the approach used to address organizational culture and human system dynamics. We will describe how various tools, used to assess organization culture, team performance, and individual self-understanding, are used collectively to place the right person in the right position. We will explain how the career system, Pathfinder, is used to integrate these tools to support a comprehensive model for organization design and development. Finally, we demonstrate how the management of organizational cultural and human system dynamics are integrated into the PLGS Integrated Management System. (author)

  15. Design management of EDI systems.

    OpenAIRE

    Heck, van, JGAM Jos

    1993-01-01

    This study deals with the management of the design process of Electronic Data Interchange (EDI) systems. Its objectives are (1) to investigate the design process of EDI systems from a practical and theoretical perspective; (2) to develop a model to describe factors relevant to EDI system-design success; (3) to investigate the proposed model empirically. The model to be developed is called the Design Management Theory for EDI systems. Characteristics of EDI systems and two relevant schools wit...

  16. A process approach for managing credit asset portfolios in a South African bank / Pieter Gabriël Vosloo

    OpenAIRE

    Vosloo, Pieter Gabriël

    2003-01-01

    The operating environment in which banks conduct their business, especially the credit risk environment, underwent significant changes since the latter half of the previous decade. Developments have resulted in a bombardment of quantitative and qualitative credit risk information and data on the one hand, and on the other an absence of a clear focus and management approach and philosophy to effectively manage credit risk. The primary objective of the research was the formulatio...

  17. Managing systems faults on the commercial flight deck: Analysis of pilots' organization and prioritization of fault management information

    Science.gov (United States)

    Rogers, William H.

    1993-01-01

    In rare instances, flight crews of commercial aircraft must manage complex systems faults in addition to all their normal flight tasks. Pilot errors in fault management have been attributed, at least in part, to an incomplete or inaccurate awareness of the fault situation. The current study is part of a program aimed at assuring that the types of information potentially available from an intelligent fault management aiding concept developed at NASA Langley called 'Faultfinde' (see Abbott, Schutte, Palmer, and Ricks, 1987) are an asset rather than a liability: additional information should improve pilot performance and aircraft safety, but it should not confuse, distract, overload, mislead, or generally exacerbate already difficult circumstances.

  18. Securitization and Asset Prices

    OpenAIRE

    Aksoy, Yunus; Henrique S. Basso

    2015-01-01

    During the 15 years prior to the global financial crisis the volume of securitized assets transacted in the US has grown substantially, reflecting a change in the nature of the financial intermediation process. Together with increased securitization, financial entities, who participate more heavily in the asset-backed security (ABS) market and hold a diversified portfolio of assets, have also become more relevant. As a result, the volume of securitization, although traditionally associated wi...

  19. Securitization and asset prices

    OpenAIRE

    Yunus Aksoy; Henrique S. Basso

    2015-01-01

    We investigate the link between securitization and asset prices and show that increases in the growth rate of the volume of ABS issuance lead to a sizable decline in bond and equity premia. Furthermore, we show that in a model where banks select their portfolio of assets and create synthetic securities, the compensation for undertaking risk decreases as securitization increases. The pooling and tranching of credit assets relaxes both the funding and the risk constraints banks face allowing th...

  20. Securitization and asset prices

    OpenAIRE

    Aksoy, Yunus; Basso, Henrique

    2014-01-01

    During the 15 years prior to the global financial crisis the volume of securitized assets transacted in the US has grown substantially, reflecting a change in the nature of the financial intermediation process. Together with increased securitization, financial entities, who participate more heavily in the asset-backed security (ABS) market and hold a diversified portfolio of assets, have also become more relevant. As a result, the volume of securitization, although traditionally associated wi...

  1. Japanese views on ASSET

    International Nuclear Information System (INIS)

    In general, the ASSET has had a positive effect on enhancement of operating experience feedback. The ASSET has played an important role to supply information to the IAEA Extra Budgetary Program. However, this role has come to an end; since the needs for safety upgrading have become identified and prioritized. ASSET missions in future: Linkage among various safety missions should be sought in order to avoid duplication and to enhance effective usage of a limited budget and human resources

  2. CAREER MANAGEMENT IN THE EUROPEAN BANKING SYSTEM

    OpenAIRE

    Iuga Iulia

    2014-01-01

    PCareer management enjoys a special attention within every bank. The scope of this paper consists of analyzing the number of bank employees, branches and the bank return on assets, in European countries in the period 2006-2011. In order to perform this analysis, we collected official data from Eurostat, The Romanian National Institute of Statistics and The Central European Bank. The objectives of this research cover an analysis of the three indicators for 27 European countries, including Roma...

  3. When private water rights become a public asset: Stakeholder perspectives on the fairness of environmental water management

    Science.gov (United States)

    Lukasiewicz, Anna; Dare, Melanie (Lain)

    2016-05-01

    This paper explores environmental water management as a social process of navigating conflicting interests through a distributive justice lens. Environmental water management can achieve substantial ecological outcomes and address ongoing river degradation caused by past management and climate change; however it also causes specific and substantial burdens and benefits to different groups of stakeholders. Given that in most developed countries the majority of land is under private tenure, environmental watering must have active cooperation of private landholders to achieve its ecological outcomes and thus it must effectively deal with an array of vested interests. Australia's reforms aimed at reallocating water from production to the environment have resulted in significant considerable volumes of environmental water. In the state of New South Wales, this water is managed by the state and national governments with the help of five Environmental Water Advisory Groups made up of a wide representation of interests. In this paper, we explore the perceptions of environmental, government, irrigator and grazing representatives, which demonstrate conflicting principles over how environmental water should be distributed. We detail how government water managers reconcile competing distributive principles of equity (ensuring that no one is disproportionally affected or benefits unduly), need (achieving environmental outcomes) and efficiency (prioritizing operational feasibility) in order to maintain the social acceptability of environmental water.

  4. Lighting system with thermal management system

    Science.gov (United States)

    Arik, Mehmet; Weaver, Stanton; Stecher, Thomas; Seeley, Charles; Kuenzler, Glenn; Wolfe, Jr., Charles; Utturkar, Yogen; Sharma, Rajdeep; Prabhakaran, Satish; Icoz, Tunc

    2013-05-07

    Lighting systems having unique configurations are provided. For instance, the lighting system may include a light source, a thermal management system and driver electronics, each contained within a housing structure. The light source is configured to provide illumination visible through an opening in the housing structure. The thermal management system is configured to provide an air flow, such as a unidirectional air flow, through the housing structure in order to cool the light source. The driver electronics are configured to provide power to each of the light source and the thermal management system.

  5. Efficient Evaluation System for Learning Management Systems

    Science.gov (United States)

    Cavus, Nadire

    2009-01-01

    A learning management system (LMS) provides the platform for web-based learning environment by enabling the management, delivery, tracking of learning, testing, communication, registration process and scheduling. There are many LMS systems on the market that can be obtained for free or through payment. It has now become an important task to choose…

  6. Car insurance information management system

    OpenAIRE

    SUN, Yu

    2015-01-01

    A customer information system is a typical information management system. It involves three aspects, the backstage database establishment, the application development and the system maintenance. A car insurance information management system is based on browser/server structure. Microsoft SQL Server establishes the backstage database. Active Server Pages, from Microsoft as well is used as the interface layer. The objective of this thesis was to apply ASP to the dynamic storage of a web page...

  7. Fault management for data systems

    Science.gov (United States)

    Boyd, Mark A.; Iverson, David L.; Patterson-Hine, F. Ann

    1993-01-01

    Issues related to automating the process of fault management (fault diagnosis and response) for data management systems are considered. Substantial benefits are to be gained by successful automation of this process, particularly for large, complex systems. The use of graph-based models to develop a computer assisted fault management system is advocated. The general problem is described and the motivation behind choosing graph-based models over other approaches for developing fault diagnosis computer programs is outlined. Some existing work in the area of graph-based fault diagnosis is reviewed, and a new fault management method which was developed from existing methods is offered. Our method is applied to an automatic telescope system intended as a prototype for future lunar telescope programs. Finally, an application of our method to general data management systems is described.

  8. CATTLE AS ASSETS: ASSESSMENT OF NON-MARKET BENEFITS FROM CATTLE IN SMALLHOLDER KENYAN CROP-LIVESTOCK SYSTEMS

    OpenAIRE

    Ouma, Emily Awuor; Obare, Gideon A.; Staal, Steven J.

    2003-01-01

    This paper uses data from a survey of two hundred and fifty cattle households in three cattle keeping systems; intensive, semi-intensive and extensive systems to estimate the value of non-market, socio-economic benefits of cattle in Kenya. These benefits of cattle keeping are of special importance in developing countries, where financial markets function poorly and opportunities for risk management through formal insurance generally absent. However, when estimating the total contribution of l...

  9. Maintenance and Rehabilitation Systems of Infrastructures Management

    OpenAIRE

    András Bakó; Kornélia Ambrus-Somogyi

    2005-01-01

    The road network is one the most important element of the infrastructure system.The available budget for the rehabilitation and maintenance usually not enough for holdingthe system in a certain condition level its whole lifetime.The paper briefly discusses some elements (monitoring of trial sections, asset valuecalculation) and several models (urban and motorway PMS, network level, multi-stagehighway PMS, BMS). The formal construction of a combined PMS-BMS system is alsopresented where Markov...

  10. Medical-Information-Management System

    Science.gov (United States)

    Alterescu, Sidney; Friedman, Carl A.; Frankowski, James W.

    1989-01-01

    Medical Information Management System (MIMS) computer program interactive, general-purpose software system for storage and retrieval of information. Offers immediate assistance where manipulation of large data bases required. User quickly and efficiently extracts, displays, and analyzes data. Used in management of medical data and handling all aspects of data related to care of patients. Other applications include management of data on occupational safety in public and private sectors, handling judicial information, systemizing purchasing and procurement systems, and analyses of cost structures of organizations. Written in Microsoft FORTRAN 77.

  11. Intelligent Integrated System Health Management

    Science.gov (United States)

    Figueroa, Fernando

    2012-01-01

    Intelligent Integrated System Health Management (ISHM) is the management of data, information, and knowledge (DIaK) with the purposeful objective of determining the health of a system (Management: storage, distribution, sharing, maintenance, processing, reasoning, and presentation). Presentation discusses: (1) ISHM Capability Development. (1a) ISHM Knowledge Model. (1b) Standards for ISHM Implementation. (1c) ISHM Domain Models (ISHM-DM's). (1d) Intelligent Sensors and Components. (2) ISHM in Systems Design, Engineering, and Integration. (3) Intelligent Control for ISHM-Enabled Systems

  12. THE BUSINESS MODEL AND FINANCIAL ASSETS MEASUREMENT

    OpenAIRE

    Ileana NICULA

    2012-01-01

    The paper work analyses some aspects regarding the implementation of IFRS 9, the relationship between the business model approach and the assets classification and measurement. It does not discuss the cash flows characteristics, another important aspect of assets classification, or the reclassifications. The business model is related to some characteristics of the banks (opaqueness, leverage ratio, compliance to capital, sound liquidity requirements and risk management) and to Special Purpose...

  13. Valuing the human asset - the impact of university placements on academic performance and graduate employment amongst management students

    Science.gov (United States)

    Brooks, R.

    2012-05-01

    The employment market for graduates is competitive with employers requiring appropriate work experience in addition to academic qualifications. Sandwich courses, where up to a year is spent in industry, provide an opportunity for structured work experience to be gained alongside studying. Benefits of placements include improved academic performance and the development of transferable skills to increase employability. This paper evaluates the impact of placements on academic performance and graduate employment among management students. Analysing performance data and graduate destinations data, results indicate that management students completing a placement are more likely to perform better academically with improvements in their personal grades between year 2 and the final year. Additionally, a qualitative themed analysis of student experiences indicates placement students feel more confident in engaging with the graduate recruitment process, with a better understanding of their personal skills and an ability to articulate their experience in relation to the workplace.

  14. Management systems in production operations

    International Nuclear Information System (INIS)

    The Cullen Enquiry into the Piper Alpha disaster in the U.K. North Sea recommended that an operator should formally present it's company Management System and demonstrate how safety is achieved throughout the life cycle of a platform, from design through operation to abandonment. Brunei Shell Petroleum has prepared a corporate level Safety Management System. As part of Safety Case work, the corporate system is being extended to include the development of specific Management Systems with particular emphasis on offshore production operations involving integrated oil and gas facilities. This paper will describe the development of Management Systems, which includes an intensive Business Process Analysis and will comment upon it's applicability and relationship to ISO 9000. The paper will further describe the applicability and benefits of Management Systems and offer guidance on required effort. The paper will conclude that development of structured Management Systems for safety critical business processes is worthwhile but prioritization of effort will be necessary. As such the full adoption of Management Systems will be directional in nature

  15. ERP System Audit a Control Support For Knowledge Management

    Directory of Open Access Journals (Sweden)

    Traian SURCEL

    2008-01-01

    Full Text Available The ERP system supports most of the business system that maintains in a single database the data needed for a variety of business functions such as Manufacturing, SCM, Financials, Projects, Human Resources and CRM; the audit of this systems is necessary in order to give reasonable assurance to the company on its core system. Obtained evidence evaluation can ensure whether the organization's IT&C system safeguard assets, maintains data integrity, and is operating effectively and efficiently to achieve the organization's goals or objectives. The audit process respecting the methodology based on: gathering information and plan; obtaining an understanding of internal controls; performing test of controls and substantive tests, develop a control support on quality of flow of information and knowledge from formal perspective, for Knowledge Management in large enterprises.

  16. Integrating the radioactive waste management system into other management systems

    International Nuclear Information System (INIS)

    Radioactive waste management is to be included in the Integrated Management System (IMS) which pursues the continuous improvement of the company's quality, occupational safety and health, and environment protection processes. Radioactive waste management is based on the following aspects: optimization of human and material resources for execution of tasks, including the provision of a radiation protection supervisor to watch over the management of radioactive waste; improved documentation (management plan and procedures); optimization of operational levels for waste classification and release; maintenance of generation records and history through a database that facilitates traceability of information; implementation of radioactive waste segregation at source (source identification, monitoring and decontamination) activities intended to reduce the amount of radioactive waste; licensing of initial storage site for radioactive waste control and storage; employee awareness training on radioactive waste generation; identification and evaluation of emergency situations and response planning; implementation of preventive maintenance program for safety related items; development and application of new, advanced treatment methodologies or systems. These aspects are inherent in the concepts underlying quality management (establishment of administrative controls and performance indicators), environment protection (establishment of operational levels and controls for release), occupational health and safety (establishment of operational controls for exposure in emergency and routine situations and compliance with strict legal requirements and standards). It is noted that optimizing the addressed aspects of a radioactive waste management system further enhances the efficiency of the Integrated Management System for Quality, Environment, and Occupational Safety and Health. (author)

  17. Demonstration and Validation Assets: User Manual Development

    Energy Technology Data Exchange (ETDEWEB)

    None

    2008-06-30

    This report documents the development of a database-supported user manual for DEMVAL assets in the NSTI area of operations and focuses on providing comprehensive user information on DEMVAL assets serving businesses with national security technology applications in southern New Mexico. The DEMVAL asset program is being developed as part of the NSPP, funded by both Department of Energy (DOE) and NNSA. This report describes the development of a comprehensive user manual system for delivering indexed DEMVAL asset information to be used in marketing and visibility materials and to NSTI clients, prospective clients, stakeholders, and any person or organization seeking it. The data about area DEMVAL asset providers are organized in an SQL database with updateable application structure that optimizes ease of access and customizes search ability for the user.

  18. Technological advances to allow rapid deployment of a high-valued asset physical protection system by unskilled personnel

    International Nuclear Information System (INIS)

    In recent years, traditional methods of operation in security situations have undergone a major shift. With the ending of the Cold War and the realignment of world power, resources once available for security concerns have been reduced or eliminated. As manpower allocations are reduced, new approaches are necessary to compensate for this loss. In addition, with the shift from superpower confrontation to local/regional conflict, response assets have become more mobile. This creates a new requirement for the physical protection of those items. In response to these changes, Racon, Inc. has successfully commercialized a physical security sensor addressing both of these issues. Easily installed by unskilled personnel, these sensors utilize advanced technology to compensate for reduced manpower levels. In addition, their portable design allows them to travel with response assets, providing the physical security formerly found only in fixed locations

  19. 48 CFR 32.304-3 - Asset formula.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Asset formula. 32.304-3... REQUIREMENTS CONTRACT FINANCING Loan Guarantees for Defense Production 32.304-3 Asset formula. (a) Under..., by use of an asset formula, to an amount that does not exceed a specified percentage (90 percent...

  20. 47 CFR 32.1350 - Other current assets.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 2 2010-10-01 2010-10-01 false Other current assets. 32.1350 Section 32.1350 Telecommunication FEDERAL COMMUNICATIONS COMMISSION (CONTINUED) COMMON CARRIER SERVICES UNIFORM SYSTEM OF ACCOUNTS... assets. This account shall include the amount of all current assets which are not includable in...

  1. The inclusion of a business management module within the master of pharmacy degree: a route to asset enrichment?

    Directory of Open Access Journals (Sweden)

    Fleming H

    2013-06-01

    Full Text Available Background: Over the past decade the profession of pharmacy has steadily evolved. The New Pharmacy Contract exposed pharmacists to a fundamental change in traditional pharmacy business models. Objective: This study will consider whether community pharmacists, pharmacy undergraduates and academic staff within the United Kingdom believe it would be beneficial to incorporate a business management module within the Master of Pharmacy (MPharm undergraduate degree along with potential mechanisms of delivery.Methods: Further to ethical approval, the questionnaire was distributed to UK registered pharmacists (n=600, MPharm undergraduates (n=441 and academic staff at Liverpool John Moores University (n=44. The questions were formatted as multiple choice questions, Likert scales or the open answer type. On questionnaire completion and return, data were analysed using simple frequencies, cross tabulations and non-parametric techniques in the SPSS (v18.Results: The majority of pharmacists (84.9% confirmed that business skills affect their everyday responsibilities to a considerable extent. A high proportion of undergraduate students (92.8% believed that business management skills will impact on their future role. In total, 64.3% of this cohort declared that if a module were introduced they would study it. The majority of staff (79% agreed that business skills are gaining increased importance within the field of pharmacy. Conclusions: Data suggest that business skills are of relevance to the practice of pharmacy. Appropriate staff to deliver the taught material would include business owners / lecturers and teaching practitioners covering topics including management, leadership, interpersonal skills and regulation. We suggest the inclusion of a business module with the MPharm degree would be of great value in preparing individuals for practice within a modern day healthcare setting.

  2. Research on the Optimal Allocation of Assets Structure and Corporation Management Performance: A Case Study of China Textile Machinery Co., Ltd

    Directory of Open Access Journals (Sweden)

    ZhengSheng Xu

    2013-09-01

    Full Text Available This study argues that the research of assets structure has more practical value and universal significance than capital structure. They are the main source of creating corporate value and avoid risks. As a result, this study tries to evaluate the relationship between assets structure and business performance through the correlation of the demonstration about listed company. On this basis, the study separately and then curve fitting each variable, trying to fit in the established model based on the equation, find the optimal asset allocation values. This study will get the multivariate linear regression equation.

  3. Energy management systems in buildings

    Energy Technology Data Exchange (ETDEWEB)

    Lush, D.M.

    1979-07-01

    An investigation is made of the range of possibilities available from three types of systems (automatic control devices, building envelope, and the occupants) in buildings. The following subjects are discussed: general (buildings, design and personnel); new buildings (envelope, designers, energy and load calculations, plant design, general design parameters); existing buildings (conservation measures, general energy management, air conditioned buildings, industrial buildings); man and motivation (general, energy management and documentation, maintenance, motivation); automatic energy management systems (thermostatic controls, optimized plant start up, air conditioned and industrial buildings, building automatic systems). (MCW)

  4. Evaluating a Skills Management System

    International Nuclear Information System (INIS)

    In order to anticipate the large number of people due to retire in the next few years, and to optimize the workforce contribution, IRSN (Institute for radiation protection and nuclear safety) is setting up skill management. This poster presents the IRSN's skill management system. The skill management system is based on a 4 step approach: -) identifying and listing the necessary skills, -) assessing the skills available, -) defining and setting up solutions: training, recruitment, out-sourcing), and -) feedback about the efficiency of the system. It appears that it is important to take into account the way the organization considers individual ability in order to favour collective proficiency

  5. INTEGRATION OF ENVIRONMENTAL MANAGEMENT SYSTEM

    OpenAIRE

    Tomescu Ada Mirela

    2012-01-01

    The relevance of management as significant factor of business activity can be established on various management systems. These will help to obtain, organise, administrate, evaluate and control particulars: information, quality, environmental protection, health and safety, various resources (time, human, finance, inventory etc). The complexity of nowadays days development, forced us to think ‘integrated’. Sustainable development principles require that environment management policies and p...

  6. Integrating ESRI GIS with asset database

    OpenAIRE

    Škerjanc, Matej

    2013-01-01

    Elektro Celje d.d. is one of the five Slovenian distributers of electrical energy. They keep records of their electric distribution network in several different computer systems. For their business system and records of their fixed assets they use “Baza tehničnih podatkov” (BTP, angl. database of technical data). Information about the geographical location of the assets is stored in the geographic information system (GIS). Such data sharing without interconnection is causing problems to the c...

  7. Asset protection through security awareness

    CERN Document Server

    Speed, Tyler Justin

    2011-01-01

    Introduction: What Is Information Security? Creating a Culture of Security Awareness Protecting Corporate Assets Protective MeasuresA Culture of Security AwarenessRemaining DynamicOverview of Security Awareness Categories Overview Industry StandardsPrivacy ConcernsPassword Management Credit Card Compliance (PCI) General File ManagementExamples of Security Regulations and LawsWho Is an IS Professional?Introduction Empowering Security Professionals Top-Down ApproachDiplomacyThe People Portion of Information SecurityThe IS SpecialistDiplomacy-The IS Professional's Best FriendEnd Users Are Great N

  8. Asset sharing platform construction in project management organizational process of China Communications Service Company%中国通服项目管理组织过程资产共享平台建设研究

    Institute of Scientific and Technical Information of China (English)

    李立高

    2015-01-01

    项目管理组织过程资产是一种重要的信息资源,如何基于网络环境进行发布、利用和管理,同时兼顾数据的统一标准和有效传输,使得组织过程资产真正地为广大中国通服在岗项目管理人员所使用,借以提高企业的核心竞争力,即建立项目管理组织过程资产的共享技术平台是文章研究的主要内容。%Project management organizational process asset is a kind of important information resources. This paper mainly studies the ways to carry on the distribution, utilization and management based on network environment, and at the same time, the unified standard and effective transmission of the data should also be paid attention to. In this way, the organizational process assets can be used by the majority of the project management personnel so as to improve the core competitiveness of the enterprise. That means to establish the sharing technology platform of the project management organizational process asset.

  9. Management of Systemic Risk

    OpenAIRE

    Thurner, S

    2015-01-01

    Systemic risk in financial markets arises either through synchronized behaviour of agents, or because of the interconnectedness of agents through financial contracts. We show that the systemic risk level of every agent in the system can be quantified by simple network measures. With actual central bank data for Austria and Mexico we are able to compute the expected systemic loss for an economy, a number that allows to estimate the cost of a financial crises. We can further show with real data...

  10. INTEGRATED WASTE MANAGEMENT SYSTEM

    OpenAIRE

    Truptimala Patanaik*; Ambika Priyadarshini Mishra; Aishariya Durga; Gayatri Avipsa

    2016-01-01

    The towns and cities have become the centres of population growth and require three essential services viz., water supply, waste water treatment and solid wastes disposal. The tremendous increase in population accelerates the amount of municipal solid waste (MSW) generation. Hence, the solid waste management (SWM) is one of the essential municipal services, to protect the environment, safeguard public health services and improve productivity.   In this context the case study is c...

  11. Improving the System of Risk Management in Ukrainian Banks

    Directory of Open Access Journals (Sweden)

    Skasko Oleh I.

    2014-01-01

    Full Text Available The goal of the article lies in the study of evolution of formation of the risk management system in Ukrainian banks, main instruments, methods of risk management and organisational approaches to formation of subdivisions of risk management and corporate management in banks. Analysing recommendations of the Basel Committee on Banking Supervision, legislative and regulatory acts, which form organisational and methodological requirements by risk management in banks, the article reveals shortcomings of its functioning. The article gives proposals on improvement of riskology in Ukrainian banks, namely: introduction of the requirement for risk assessment and stress testing by banks in the medium-term prospective (up to 3 years, which would reveal risks of realisation of long-term bank programmes, potential losses of receipts and capital due to existing gaps between the terms of performance of obligations by assets and liabilities, etc. In the result of the study the article establishes that in order to realise requirements of the Basel Committee on Banking Supervision on organisation of subdivisions of risk management in banks, it is necessary to introduce qualification requirements to managers of these services and procedures of their assignment/retirement in co-ordination with the banking supervision service, the status of which in the bank is not lower than managers of the internal audit and financial monitoring services, assignment of whom should be mandatory co-ordinated with NBU.

  12. Quality Management for School System

    OpenAIRE

    Florina BRAN; Ildiko IOAN

    2006-01-01

    This paper presents the two most important factors that influence the development of quality management in education: the globalization and the sustainable development. The four well known quality management principles (Deming) can be adapted and implemented in the education system case, too.

  13. Project management and Enterprise systems

    DEFF Research Database (Denmark)

    Koch, Christian; Buhl, Henrik

    2006-01-01

    Implementing and Operating integrated Enterprise Systems are a multidimensional effort. It seriously challenges the IT supplier as well as the professional service provider client. The paper discuss these issues in a project management perspective. A framework for supporting project management is...

  14. Integrated site resources management system

    International Nuclear Information System (INIS)

    Oak Ridge National Laboratory has developed a management tool for facility managers, linking various facility-related and ES ampersand H databases with maps of the Oak Ridge Reservation. Based on a distributed database concept, the systems operates with databases distributed to individual PCs and workstations, but responsibility for data accuracy resides with the individuals with the knowledge to validate the data

  15. Households' Interest-bearing Assets

    OpenAIRE

    Ellis Connolly; Fiona Fleming; Jarkko Jääskelä

    2012-01-01

    Households invest around two-fifths of their financial assets in interest-bearing assets. These assets are predominantly held directly in deposits and also via superannuation and other investment funds. Deposits have grown strongly in recent years, although there has been no growth in interest-bearing securities. Compared with other advanced economies, interest-bearing assets represent a relatively small share of financial assets. For the household sector as a whole, interest-bearing assets a...

  16. System Wide Information Management (SWIM)

    Science.gov (United States)

    Hritz, Mike; McGowan, Shirley; Ramos, Cal

    2004-01-01

    This viewgraph presentation lists questions regarding the implementation of System Wide Information Management (SWIM). Some of the questions concern policy issues and strategies, technology issues and strategies, or transition issues and strategies.

  17. Pembangunan Model Restaurant Management System

    Directory of Open Access Journals (Sweden)

    Fredy Jingga

    2014-12-01

    Full Text Available Model design for Restaurant Management System aims to help in restaurant business process, where Restaurant Management System (RMS help the waitress and chef could interact each other without paper limitation. This Restaurant Management System Model develop using Agile Methodology and developed based on PHP Programming Langguage. The database management system is using MySQL. This web-based application model will enable the waitress and the chef to interact in realtime, from the time they accept the customer order until the chef could know what to cook and checklist for the waitress wheter the order is fullfill or not, until the cahsier that will calculate the bill and the payment that they accep from the customer.

  18. Special Use Airspace Management System

    Data.gov (United States)

    Department of Transportation — The Special-Use Airspace Management System (SAMS) supports the FAA military operations (MILOPS) mission. It automates the coordination of FAA and U.S. Department of...

  19. Data management system technology discipline

    Science.gov (United States)

    Benz, Harry F.

    1990-01-01

    Viewgraphs on data management system technology discipline for Space Station Freedom are presented. Topics covered include: systems technology area needs; storage technology area needs; processor technology area needs; communications technology area needs; software system technology area needs; human interface technology area needs; software development and verification; and onboard communications.

  20. Design management of EDI systems.

    NARCIS (Netherlands)

    Heck, van E.

    1993-01-01

    This study deals with the management of the design process of Electronic Data Interchange (EDI) systems. Its objectives are (1) to investigate the design process of EDI systems from a practical and theoretical perspective; (2) to develop a model to describe factors relevant to EDI system-design succ