March 29, 2011

An overview of Asset and Knowledge management (KBAM)

An overview of the contents of Knowledge and asset management revealed a lot of interesting things. This is the first time I've read about the two concepts. They are very broad and comprehensive topics. There are a lot of details in each of them. It totally explains why we have been given around two weeks to prepare for the presentation. In order to develope an approach to knowledge and asset management for Waveriders we'll have to explore these vast topics in detail. Prior to this module, management of assets was a very simple and straightforward concept for me. Sure each organization has to manage its assets, but I thought that it was a very easy thing.... u just buy the assets and make the best use out of them. But after overviewing the different aspects of management of assets I realized how broad this area is...... u have to come up with a strategy for managing the assets, u have to manage and utilize the assets to optimize the whole life cycle performance, u have to look at the impact of using the assets on community and environment, u have to manage the security of assets.............. so many things to look at. It is a very broad and interesting topic and by managing the assets and knowledge of Waveriders, I'll get a first hand experience to practically implement the theories. This practical implementation will be very useful for me as I can use it in the future for my own company.     


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