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Value Management: Implementation of Asset Life Cycle in one of Oil and Gas Service Company
International Journal of Advanced Engineering Research and Science
This paper reviews the role played by a company's project asset in stimulating operational performance for oil and gas company, which is moderated by asset readiness in life cycle activities. The constructs of this paper are based on a comprehensive review of recent literature on value management, asset management and asset life cycle costing. A detailed discussion revealed effects activities on asset acquisition, asset maintenance and asset disposal. Several risks also have been identified.doi:10.22161/ijaers.4.10.12 fatcat:5er2tk5gf5gqrhkvcuanfxhj6e