Senior Reliability Engineer, Mike Smith, explains the concept of an asset management plan, the main goal for developing an asset management plan, and highlights what he believes are the four stumbling blocks to an effective asset management plan.

Discussion highlights include:

• Defining an asset management plan
• Explaining the purpose of the plan
• Four stumbling blocks preventing an effective asset management plan

Additional Resources:

• The 5 Biggest Risks to Asset Management (SlideShare)
• Life Cycle Asset Management (whitepaper)
• Developing Asset Management Plans (article)
• Mike Smith on LinkedIn