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Effective Asset Management Starts with Good Assets

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Original date: 
Thursday, February 18, 2021

At the recent MRO/DE Expo, first MRO stream session was on Effective Asset Management Starts with Good Assets by Leonard Middleton, Consultant, Asset Management Solutions.

“There seems to be a vast difference in perspective between those who approve projects, those who execute projects, and those who need to operate and maintain those assets that projects deliver. The presentation was delivered by someone who has worked in each of those areas, and has direct knowledge of the linkage and implications of decisions made,” said Middleton.

“The presentation intended to provide a pragmatic high-level overview that provided insights on the issues and what changes can be made to improve the situation for the benefit of the organization and the individual groups,” said Middleton. “Virtual conferences are the new normal. There is no longer the immediate feedback from the body-language and attention of the audience indicating whether they are engaged and following the presentation, and that takes some adjustment.”

BoK Content Source: 
Practitioner Produced
BoK Content Type: 
Presentation Slides
Asset Management Framework Subject: 
02 Asset Management Decision Making, 2.01 Capital Investment Decision-Making, 03 Lifecycle Delivery, 3.02 Asset Creation & Acquisition
Maintenance Management Framework Subject: 
03 Asset Strategy Management, 3.0 Asset Strategy Management General
Author Title: 
Author Employer: 
Asset Management Solutions
Author Bio: 

Leonard G. Middleton is an experienced professional with many years of broad professional experience, in Canada, the US, and internationally, He has worked in a number of different roles related to maintenance, reliability, and asset management, program and project management, contracts management, outsourcing, and engineering, in industry and in his consulting roles.

His experience in asset intensive industries has reinforced his perspective on the importance of the physical assets on the operational cost structure, and with that the need to get the assets appropriate to the organizational objectives through projects, and then operating and maintaining them effectively.

Leonard has an undergraduate engineering degree (B.A.Sc.), a graduate business degree (MBA), and holds professional designations in engineering (P.Eng.), project management (PMP), and in Maintenance, Reliability, and Asset Management (CMRP, MMP, CAMA), and is an RCM Practitioner.

Leonard is a long-time member of PEMAC, having served on the national Board of Directors for several terms. He is an instructor in both the MMP and AMP programs and is a subject matter expert responsible for the content of two MMP modules