Document Type

Article

Publication Date

2021

DOI

10.3390/su13158502

Publication Title

Sustainability

Volume

13

Issue

15

Pages

8502 (1-17)

Abstract

Complex system governance (CSG) is an emerging field encompassing a framework for system performance improvement through the purposeful design, execution, and evolution of essential metasystem functions. The goal of this study was to understand how the domain of asset management (AsM) can leverage the capabilities of CSG. AsM emerged from engineering as a structured approach to organizing complex organizations to realize the value of assets while balancing performance, risks, costs, and other opportunities. However, there remains a scarcity of literature discussing the potential relationship between AsM and CSG. To initiate the closure of this gap, this research reviews the basics of AsM and the methods associated with realizing the value of assets. Then, the basics of CSG are provided along with how CSG might be leveraged to support AsM. We conclude the research with the implications for AsM and suggested future research.

Comments

© 2021 by the authors.

This is an open access article distributed under the Creative Commons Attribution 4.0 International (CC BY 4.0) License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

ORCID

0000-0001-9452-9105 (Keating)

Original Publication Citation

Katina, P. F., Pyne, J. C., Keating, C. B., & Komljenovic, D. (2021). Complex system governance as a framework for asset management. Sustainability, 13(15), 1-17, Article 8502. https://doi.org/10.3390/su13158502

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