March 29, 2011

Complexity of Asset Management

After reading some material in KBAM website in order to make myself familiar with asset management, I can say this subject is huge! It covers almost every aspect of organization from end to end. Yet, my working experience provides preliminary insight following several things in facilities management such as; contract management, HSE, and Facility service. Thus I realize these things should be approached in practical manner since it’s exactly what professional organization deal with. I’m quite interest in contract management since it’s very related to my previous job description and it shows organization capabilities to manage its internal and external assets. External assets on this context is third party suppliers that organization should think as extension of their internal asset in order to foster creation of competitive advantages.

Nevertheless, I don’t want to limit my understanding only on contract management and hopefully I can gain valuable knowledge from other aspect of facilities management throughout this in module week.




- 2 comments by 1 or more people Not publicly viewable

  1. The Asset management is really huge… but I think its normal. You are managing all of the companies assets and their effects. This is quite a bite from the whole management of the company.

    The nice thing of the presentationis that the asset management should be based on real problems and therefor realistic solutions. eventhou the practice based presentations are more difficult than the theoretical based, I think they are more interesting and more usefull.

    29 Mar 2011, 13:59

  2. indeed ivo, this module is quite difference since we should make presentation in practical manner which i believe raise the challenge! i’m sure this is the right time to do some probation about our understanding after being fulfilled by bunch of theories since CBE. once we can create something that practical (of course based on proper theories), it proves that we enhance the way we’re thinking in mastery level.

    29 Mar 2011, 22:56


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