Challenges in Managing Airport Assets
The paper mainly reflects on the development of asset management system in airport. It is found that earlier in the absence of asset management system, the airports face number of issues and challenges in providing proper operating facility of equipment as well as clean facility. In addition to this, they also face challenges due to high downtime of the users. Moreover, the other problems like higher cost, legal liability, enhanced risks as well as problems like difficult negotiation are considered to be challenging. In order to resolve this issue, it is quite important to rely on key assets management system including maintenance as well as pavement management system as well as ERP software for maximizing thee resources as well as reducing the downtime of the users. Moreover, the utilization of assets management system helps in tracking the maintenance cost by preventing as well as predicting asset failures by improving the labour productivity.
The main purpose of using the asset management system in airport is to maximize the resources by reducing the user’s downtime. It is found that with the help of asset management system, the airports can be able to reduce the expenditure of cost by increasing productivity as well as by minimizing the costs ownership across the life cycle for optimizing the utilization of available budgets. It is found that both reliability as well as proper safety based improvements with the utilization of data driven management assists in properly predicting as well as preventing as opposed in order to find and fix. Moreover, increased insurance helps in proper planning as well as decision making procedure for clear accountability, responsibility as well as due to the capability of properly recovering from the disruption event. In addition to this, it also helps in improving the service of the customers by enhancing on time performance as well as predictability of travel experience.
The expected outcomes that are achieved after the implementation of assets management system within airport is generally illustrated below:
Manage airport assets efficiently: It is found that asset management solutions generally help in tailoring the airports that mainly includes analytics that further assists in providing proper integrated approach in order to manage discrete as well as complex assets. This is generally helpful in overcoming the issues and challenges that are rooted with the infrastructure for brining unity to the disconnected system of the airport. In addition to this, it is found that asset management help the airports in reducing the risk of disruption while providing proper improved experience. Effective management as well as maintenance of the airport asses generally helps in optimizing the use of operational efficiency for minimizing the expenses.
Benefits of Using an Asset Management System
Predictive maintenance of the airport performance: Predictive maintenance solutions generally has the ability of gathering as well as analyzing data about asset operations for moving from corrective for preventive maintenance. This generally assists in minimizing the downtime by improving the decision making as well as extension of life assets. The airport IT help desk as well as ticketing procedure are generally managed successfully with the help of standalone service management system which makes it quite difficult to determine the issue that was related with hardware.
Cost saving: The asset management system helps in maintaining the infrastructure that are considered to be sound as well as reliable condition that are generally helpful in reducing the lifecycle costs which further helps in reducing the operating as well as maintenance cost as well as long term expenses. Thus, it is identified that proper utilization of asset management system helps in minimizing the cost that is generally required for managing the operations of the airport.
Improved reliability: It is found that with the help of proper asset management system, the unexpected failures within the airport are less likely that further helps in reducing the emergency repairs, costly lawsuits as well as the relations that is maintained with the customers. Thus, it is found that assessing the various risk implications of asset failure generally helps in focusing on the various types of critical priorities that further helps in reducing the overall risk.
Agile project management methodology is mainly utilized for implementing the assets management system for the airport with proper project outcome and deliverable. It is quite necessary for the methodology to properly focus on the project by investigating on the strategies that is generally adopted for achieving the project objectives. It is found that agile project management methodologies are mainly utilized as it generally helps in eliminating the chances of the project failure by minimizing risks as well as helps in enhancing control on the project. Moreover, agile development is mainly integrated during the cycle that reflects that regular check-ups are generally done during the development procedure of the project. In addition to this, it is identified that agile is considered as one of the iterative model that helps in benefiting the product during the development procedure of the project.
The table that is provided below reflects that assets management system in airport will be implemented in 65 days. Moreover, the table also reflects on the time that is generally required for executing each of the project activities.
WBS |
Task Name |
Duration |
Start |
Finish |
0 |
Assets management system in airport |
65 days |
Thu 07-03-19 |
Wed 05-06-19 |
1 |
Initiation phase |
9 days |
Thu 07-03-19 |
Tue 19-03-19 |
1.1 |
Business case development |
2 days |
Thu 07-03-19 |
Fri 08-03-19 |
1.2 |
Feasibility testing |
3 days |
Mon 11-03-19 |
Wed 13-03-19 |
1.3 |
Project charter development |
2 days |
Thu 14-03-19 |
Fri 15-03-19 |
1.4 |
Recruiting team members |
2 days |
Mon 18-03-19 |
Tue 19-03-19 |
1.5 |
Milestone 1: Completion of initiation phase |
0 days |
Tue 19-03-19 |
Tue 19-03-19 |
2 |
Planning phase |
14 days |
Wed 20-03-19 |
Mon 08-04-19 |
2.1 |
Development of project plan |
3 days |
Wed 20-03-19 |
Fri 22-03-19 |
2.2 |
Resource plan development |
2 days |
Mon 25-03-19 |
Tue 26-03-19 |
2.3 |
Financial plan development |
2 days |
Wed 27-03-19 |
Thu 28-03-19 |
2.4 |
Quality plan development |
3 days |
Fri 29-03-19 |
Tue 02-04-19 |
2.5 |
Risk management plan |
2 days |
Wed 03-04-19 |
Thu 04-04-19 |
2.6 |
Communication plan |
2 days |
Fri 05-04-19 |
Mon 08-04-19 |
2.7 |
Milestone 2: Completion of planning phase |
0 days |
Mon 08-04-19 |
Mon 08-04-19 |
3 |
Execution phase |
35 days |
Tue 09-04-19 |
Mon 27-05-19 |
3.1 |
Map your assets |
4 days |
Tue 09-04-19 |
Fri 12-04-19 |
3.2 |
Selecting right ITAM tool |
5 days |
Mon 15-04-19 |
Fri 19-04-19 |
3.3 |
Building your inventory |
4 days |
Mon 22-04-19 |
Thu 25-04-19 |
3.4 |
Managing life cycle of your assets |
3 days |
Fri 26-04-19 |
Tue 30-04-19 |
3.5 |
Extending asset management to other ITIL processes |
4 days |
Wed 01-05-19 |
Mon 06-05-19 |
3.6 |
Automating alerts and notifications |
4 days |
Tue 07-05-19 |
Fri 10-05-19 |
3.7 |
Reporting and sharing asset data |
3 days |
Mon 13-05-19 |
Wed 15-05-19 |
3.8 |
Keeping auditing ready |
4 days |
Thu 16-05-19 |
Tue 21-05-19 |
3.9 |
Take ITAM beyond IT |
4 days |
Wed 22-05-19 |
Mon 27-05-19 |
3.10 |
Milestone 3: Completion of execution phase |
0 days |
Mon 27-05-19 |
Mon 27-05-19 |
4 |
Closure phase |
7 days |
Tue 28-05-19 |
Wed 05-06-19 |
4.1 |
Post project review |
3 days |
Tue 28-05-19 |
Thu 30-05-19 |
4.2 |
Documentation |
2 days |
Fri 31-05-19 |
Mon 03-06-19 |
4.3 |
Stakeholder sign off |
2 days |
Tue 04-06-19 |
Wed 05-06-19 |
4.4 |
Milestone 4: Completion of closure phase |
0 days |
Wed 05-06-19 |
Wed 05-06-19 |
Agile Project Management Methodology
A work breakdown structure is one of the deliverable oriented breakdown of the project into number of smaller components. It is considered as one of the key of project deliverable that helps in organizing the work o the team into number of manageable sections. The work breakdown structure for the implementation of asset management system in airport is generally reflected below:
Gantt chart is defined as one of the graphical representation of the project schedule that further helps in properly planning, coordinating as well as tracking the schedule of the project effectively. The Gantt chart for the assets management system implementation is generally reflected below:
Risk assessment matrix is mainly utilized during the risk assessment procedure for properly defining the level of risks by considering the entire category of probability as well as likelihood against the various category that is mainly related with the consequence severity. This is considered as one of the simple method for increasing risk visibility as well as for making proper decisions. The risk assessment matrix is generally provided in the table below:
Consequences |
|||||
Likelihood |
Catastrophic |
Major |
Moderate |
Minor |
Insignificant |
Almost certain |
Budget shortfall |
||||
Likely |
Schedule slippage |
||||
Possible |
Improper resource management |
||||
Unlikely |
|||||
Rare |
Schedule slippage |
|||||
Hazards |
Asses risks |
|
|
|
Control |
What could cause harm? |
What could go wrong? |
C |
L |
Level |
What controls are required? |
Improper tracking while project progress is considered as one of the major issue that can cause delay as well as slippage of project schedule. |
If the schedule of the project is not managed properly then it can cause delay within the project which further can cause obstruction in project completion. |
M |
L |
High |
The project planner is mainly responsible of weekly tracking the project schedule for making sure that the entire project is on track and it gets completed on time. |
Budget shortfall |
|||||
Hazards |
Asses risks |
|
|
|
Control |
What could cause harm? |
What could go wrong? |
C |
L |
Level |
What controls are required? |
If the project budget is not managed on a regular basis then the chances of budget utilization generally increases which can cause budget overflow. |
It is found that the problem of budget shortfall can cause number of financial challenges in finishing the work of the project effectively. |
M |
AC |
High |
Proper track on the project budget is generally necessary for completing the entire work of the project effectively within the assumed budget. |
Improper management |
|||||
Hazards |
Asses risks |
|
|
|
Control |
What could cause harm? |
What could go wrong? |
C |
L |
Level |
What controls are required? |
If the project team members are inexperienced then they face number of difficulties in completing the project work properly. |
Improper management can cause delay as well as increment of project budget that further rises number of problems. |
M |
P |
Medium |
Hiring experienced team members is considered as one of the solution for resolving the issues and challenges. |
Improper resource management |
|||||
Hazards |
Asses risks |
|
|
|
Control |
What could cause harm? |
What could go wrong? |
C |
L |
Level |
What controls are required? |
If the resources of the project are not managed effectively ten it can cause number of problems in finishing the project work. |
Improper resource management generally can cause delay in completing the work of the project. |
M |
L |
Medium |
Proper steps for managing the resources must be adopted for managing the project successfully. |
The various types of ethical issues that are mainly associated with the project are generally elaborated below:
Conflict of interest: As it is found that number of staffs are mainly associated with the project thus there is high chance of interest conflict within the project and thus it generally can cause number of ethical issues and challenges. Thus, it is quite important for the managers to properly understand the various standards that are related with the company for minimizing the level of conflict.
Health and safety concerns: Pressure is quite high within the project and as a result if the team members are pressurized to work extra after their office hours then it can be considered as one of the major ethical issue. In order to resolve the problem, it is not necessary to pressurize the employees.
Workplace culture: Workplace is one of the respectful place which is not considered to be proper and thus, it can create number of problems. Thus, proper acceptable culture should be properly maintained within the organization for successfully performing the project work and for minimizing the various types of ethical issues as well as challenges in the project.
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