The role of contingency factors in physical asset management: An empirical examination

Authors

Damjan Maletic, University of Maribor, Slovenia
Matjaz Maletic, University of Maribor, Slovenia
Basim Al-Najjar, Linnaeus University
K Gotzamani, University of Macedonia
M Gianni, University of Macedonia
T B. Kalinowski, University of Lodz
H Pacaiova, Technical University of Kosice
A Nagyova, Technical University of Kosice
Bostjan Gomiscek, University of Wollongong in DubaiFollow

RIS ID

110787

Publication Details

Maletic, D., Maletic, M., Al-Najjar, B., Gotzamani, K., Gianni, M., Kalinowski, T. B., Pacaiová, H., Nagyova, A. & Gomiscek, B. 2016, 'The role of contingency factors in physical asset management: An empirical examination', EuroMaintenance 2016: Conference Proceedings, pp. 93-98.

Abstract

This research presents an empirical study, which examines the role of contingency factors, i.e. uncertainty and competitiveness in relation to physical asset management (PAM) practices. The research is based on a premise that PAM, which comprises of risk management practices, performance assessment practices, life cycle management practices, policy & strategy practices, has become an indispensable element of strategic thinking of asset owners as well as maintenance and asset managers. The purpose of this study is to advance the understanding of how organizations that face high or low level of uncertainty and competitiveness respond in terms of PAM deployment.