Physical Asset Management (Asset Care Research Group – ACRG)

Research Group Members:

Wyhan Jooste
Senior Lecturer
Research Groups:
Asset Care Research Group
More info: maintenance management, physical asset management, business process modelling and re-engineering, multi-variate decision making, statistical analysis, value modelling, servitization

The Asset Care Research Group (ACRG) provides an opportunity for prospective postgraduates to specialise in Physical Asset Management (AM).

The Importance of Physical Asset Management

AM is about the systematic and coordinated activities through which organisations optimally and sustainably manage their assets over their respective life cycles. AM is not only about doing things to assets, but more so about extracting value from the assets to achieve the organisation’s business objectives. AM is therefore multifaceted considering the strategic, tactical and operational aspects of an organisation’s portfolio of assets.

AM has become considerably important in the modern economy. Higher performance demands are placed on physical assets, such as equipment and infrastructure, while there are business and regulatory pressures to lower costs, risks and operate assets in a health conscious, safe, environmentally and socially sustainable manner.

To support industry in managing physical assets these challenges have led to the release of the ISO 55000 suite of standards and its predecessor PAS 55. Criticism of both these standards is that they provide guidance about “what” to do, but not about “how” to execute the guidelines. This has led to various developments such as the establishment of the Global Forum on Maintenance and Asset Management (GFMAM), defining the 39 asset management subjects and other asset management institutes which have developed custom models based on input from their member bases.

Globally AM practitioners are pursuing ISO 55000 compliance and practical guidance for extracting the value which AM has to offer. The need is however to pioneer methods, processes and technology applications to support AM activities horizontally across organisational activities and to support management vertically throughout the organisational hierarchy.

Research-based Programme in Physical Asset Management

With AM developments over the past decades more and more practitioners of AM have come to realise that the body of knowledge in the field has matured to such a level that there is diminished benefit in guarding this knowledge in an attempt to gain a competitive advantage. The AM fraternity has accepted that the sharing of knowledge and collaboration will ultimately advance the field.

The Asset Care Research Group (ACRG) was founded in 2011 with its focus areas being: to standardise, broaden, deepen and disseminate knowledge about AM. Since its inception the ACRG has established itself as a premium research destination for postgraduate AM thought leadership with a comprehensive portfolio of research outputs and activities.

As part of the ACRG students have the opportunity to specialise within a specific area of AM in order to become a subject matter expert. It is aimed at individuals who are already established and capable AM engineers who wish to distinguish themselves from their peers, as well as the next generation of AM thought leaders who will spearhead the future of AM.

For more information about the group’s research activities visit its LinkedIn Group.

Amore van Zyl
Research Group:
Asset Care, Engineering Management
Thesis Topic: A strategic decision making model for the acquisition of Oryx helicopter components Research Area: Asset management strategy

Caroline van Heerden
Research Group:
Asset Care, Engineering Management
Thesis Topic: Methods for improving morale in state owned entities’ technical departments Research Area: Human asset management

Charles Nel
Research Group:
Asset Care, Engineering Management
Thesis Topic: The implementation of smart asset management to create an operational minded approach within the services environment of the private healthcare industry to reduce critical system failures Research Area: Smart asset management

Christian Fourie
Research Group:
Asset Care, Engineering Management
Thesis Topic: The contribution of asset information towards meeting multi objective strategic outcomes using the SA Navy as a case study Research Area: Asset management information management

Compton Saunders
Research Group:
Asset Care, Engineering Management
Thesis Topic: Development of an ISO55000 compliant central management framework for asset care plans within a multi-technology portfolio of renewable energy power plants in the SA energy sector Research Area: Asset management decision and life cycle activities

Franco van Wyk
Research Group:
Asset Care, Engineering Management
Thesis Topic: A framework for incorporating business risks in physical asset replacement decisions in capital intensive industries Research Area: A framework for incorporating business risks in physical asset replacement decisions in capital intensive industries

Fransie Malan
Research Group:
Asset Care
Thesis Topic: An evaluation of text mining methods to evaluate failure modes Research Area: Asset management data analysis

Jeanne-Marie de Villiers
Research Group:
Asset Care, Engineering Management
Thesis Topic: The use of lean tool in support of ISO55000 requirements Research Area: Asset management best practices

Kristi Du Toit
Research Group:
Asset Care, Engineering Management
Thesis Topic: The modelling of consumer forces on food waste in the retail environment Research Area: Asset Care

Kyle Lemmer
Research Group:
Asset Care, Engineering Management
Thesis Topic: Maintenance task and frequency optimisation of single- and multi-component equipment in an FMCG production environment Research Area: Asset management decision making

Leo Simpson
Research Group:
Asset Care, Engineering Management
Thesis Topic: Optimisation of asset management practices in electricity distribution Research Area: Asset management best practices

Mohamed Mukuddem
Research Group:
Asset Care, Engineering Management
Thesis Topic: Plant health assessment for power transformers within the Western Cape Research Area: Asset management data analysis and decision making

Nicholas van Wyngaard
Research Group:
Asset Care, Engineering Management
Thesis Topic: Developing an algorithm for identifying trending assets based on an asset health index Research Area: Asset management data analysis and decision making

Nina van Rooyen
Research Group:
Asset Care
Thesis Topic: Developing a model to overcome the communication deficiencies that exist in the PAM industry using information communication technology Research Area: Asset management best practices

Pieter Conradie
Research Group:
Asset Care, Engineering Management
Thesis Topic: To be finalised Research Area: Reliability Engineering

Siviwe Pani
Research Group:
Asset Care
Thesis Topic: A decision support model for the selection of technology in asset management Research Area: Asset management decision making

Stefan Swanepoel
Research Group:
Asset Care, Engineering Management
Thesis Topic: Maintenance resource scheduling and allocation with uncertain and partial planning information using self learning algorithmic methods Research Area: Asset management decision making

Stefan Terblanche
Research Group:
Asset Care, Engineering Management
Thesis Topic: Critical physical asset management success factors in the mining industry Research Area: Asset management decision making

The ACRG cannot achieve its aim of being a premium research destination for postgraduate thought leadership without active collaboration with its partners. To ensure its research outputs are relevant, students are encouraged to collaborate actively with industry, government, non-governmental organisations (NGOs) and other research organisations. In support of the ACRG’s purpose the group has built working partnerships with various organisations through collaborative projects or are contributing to industry through our part-time students.

The ACRG contributes to industry through a strong part-time student base. Organisations which have directly benefited from having employees affiliated with the ACRG include: South African Navy and Airforce, SABMiller, Medi-Clinic, Globeleq, Transnet, Eskom, Shell Petroleum, Shoprite Group and the Passenger Rail Agency of South Africa (PRASA).

Some examples of our working partnerships are:

Anglo American

Gaussian Engineering

Pragma

Journal Articles

Proceedings International

Proceedings National

Doctorates

Master

General Presentation

Magazine Articles

1. Pragma Bursary Information

2. NRF Freestanding, Innovation, Scarce Skill Development Fund Masters and Doctoral Scholarships

3. Engineering Postgraduate Funding

4. Ad-hoc Funding

Gateways


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