Towards a best practice asset management framework for electrical power distribution organisations

Abstract

© 2015 IEEE. Asset management in electrical power distribution organizations is becoming progressively explicit. However, organizations are encountering much difficulties in outlining and institutionalizing their asset management because of the complexity of the discipline. This paper has developed a useful capability maturity model for benchmarking and improving asset management for electrical power distribution organizations. In addition, a process-based framework is introduced for asset management, where thirteen key process areas and seven attributes are identified in this research for electrical power distribution organizations. Implementation of such model should enable these organizations to manage their assets more effectively for optimal service delivery as well as ensure reliability of their assets.