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Asset Integrity Management of Critical Infrastructure
Editor
Mamdouh M. Salama
Mamdouh M. Salama
MMS4Aim LLC, USA
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Dragan Komljenovic
Dragan Komljenovic
Hydro-Québec, Canada
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Jovica R. Riznic
Jovica R. Riznic
Canadian Nuclear Safety Commission, Canada
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ISBN:
9780791887738
No. of Pages:
180
Publisher:
ASME
Publication date:
2024

This paper examines the applicability of Complex System Governance to advance Asset Management. Asset management (AM) is increasing in importance as more societal serving systems are becoming dependent on the value of assets and their management. However, AM as a discipline lacks coherent grounding in systems theory --- a means for understanding the structure, behavior, and performance of complex systems. Complex System Governance (CSG) is focused on the design, execution, and evolution of system functions that provide for communications, control, coordination, and integration of complex systems, including assets. CSG focuses on the structure and order of complex systems through a rigorous grounding in systems theory (the axioms and propositions that govern the structure, behavior, and performance of complex systems), management cybernetics (the science of organizational structure), and system governance (focused on the provision of direction, oversight, and accountability). In this paper, the intersection of AM and CSG is explored concerning the value that can accrue to both fields through their intersection and joint development. The opportunities that lie at the intersection of these fields are examined. This paper concludes the exploration with a discussion of the implications for moving forward in bringing the value offered by CSG to the governance of assets.

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