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Contingency Factors Influencing Implementation of Physical Asset Management Practices

Author

Listed:
  • Maletič Damjan
  • Maletič Matjaž

    (Faculty of Organizational Sciences, University of Maribor, Slovenia)

  • Al-Najjar Basim

    (School of Engineering, Linnaeus University, Sweden)

  • Gotzamani Katerina
  • Gianni Maria

    (Department of Business Administration, University of Macedonia, Greece)

  • Kalinowski T. Bartosz

    (Faculty of Management, University of Lodz, Poland)

  • Gomišček Boštjan

    (Faculty of Business, University of Wollongong in Dubai, United Arab Emirates)

Abstract

Purpose: The purpose of this empirical study is to examine the role of two contingency factors, i.e. uncertainty and competitiveness in relation to physical asset management (PAM) practices as well as to maintenance key performance indicators. The research is based on a premise that PAM, which was defined by risk management practices, performance assessment practices, life cycle management practices, and policy & strategy practices, has become an indispensable element of strategic thinking of asset owners as well as maintenance and asset managers. The purpose of this study is to advance the understanding of how organizations that face high or low level of uncertainty and competitiveness respond in terms of PAM deployment.

Suggested Citation

  • Maletič Damjan & Maletič Matjaž & Al-Najjar Basim & Gotzamani Katerina & Gianni Maria & Kalinowski T. Bartosz & Gomišček Boštjan, 2017. "Contingency Factors Influencing Implementation of Physical Asset Management Practices," Organizacija, Sciendo, vol. 50(1), pages 3-16, February.
    • Handle: RePEc:vrs:organi:v:50:y:2017:i:1:p:3-16:n:3
    DOI: 10.1515/orga-2017-0003
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    References listed on IDEAS

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    Cited by:

    1. Damjan Maletič & Matjaž Maletič & Basim Al-Najjar & Boštjan Gomišček, 2020. "An Analysis of Physical Asset Management Core Practices and Their Influence on Operational Performance," Sustainability, MDPI, vol. 12(21), pages 1-20, October.

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