Events

IAM UK Chapter Webinar - Value-Based Decision Making

Address:
Online
12.00 - 1.00 PM GMT
UK

Date & Time:
02 March 2021
12:00 - 13:00

Add to Calendar:
Outlook | iCal | Google

Category
Webinar


 

Title: Value-Based Decision Making

 

Presented by: Demetrius Onoufriou

 

Organisations want to realise the optimum value from assets with the use of scarce resources. The concept of value and the activity of decision making are vital to good asset management practice and are interlinked. The importance of value and decision making has been recognised through the work on the revision of ISO 55001; value is not currently addressed in ISO 55001 and not defined in ISO 55000. Value-based decision making is an approach that helps organisations align decisions to realise the most value from their assets.

This webinar will explore value-based decision making as a practical approach for an organisation to optimise the value from its assets, with examples of how value frameworks are deployed in practice. A decision-making maturity scale will illustrate how decisions are often made in asset-intensive businesses, with the concept of Multi Criteria Decision Analysis (MCDA) lying towards the top of this scale, along with the significance of time in decision making.

The webinar will consider the importance of a common understanding of value through the identification of the value criteria that matter most to the organisation, and how they are used to build a Value Framework that enables an organisation to assess which projects deliver the highest value.

 

 

Click here to Register  

 

Demetrius Onoufriou

Demetrius is the Customer Experience Regional Lead for the UK and joined Copperleaf in July 2018. He holds an IAM Certificate in Asset Management and has a broad range of asset management experience.  Demetrius leads a team of UK consultants in the implementation of Copperleaf’s value-based decision-making software. He is the Chair of the IAM Midlands Branch Committee and a Member of the BSI AMS/001 Asset Management Committee. 

Free Package - Corporate Member Price

£0.00

Free Package - Member Price

£0.00

Free Package - Non Member Price

£0.00

Free Package - Corporate Member Price

€0.00

Free Package - Member Price

€0.00

Free Package - Non Member Price

€0.00

Free Package - Corporate Member Price

$0.00

Free Package - Member Price

$0.00

Free Package - Non Member Price

$0.00

Free Package - Member Price

£0.00

Free Package - Non Member Price

£0.00

Free Package - Member Price

$0.00

Free Package - Non Member Price

$0.00

Free Package - Member Price

€0.00

Free Package - Non Member Price

€0.00

 

Sign up to join our mailing list for news and updates