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Preventing Chaos With a Holistic Asset Management Approach

Asset Management

Engineer/Business Professional Proposes Organizational Paradigm Shift

Mississauga, ONT. – 10 January 2017

While many might not fully realize it, people depend on physical assets and infrastructure every day for essential services such as transportation, power, water, and communication. Without proper management of these assets and infrastructure, chaos occurs. In some of the worst case scenarios, bridges collapse, mall roofs cave in, commuter trains derail, dams fail, just to name a few. Now, with the aim to help asset management practitioners and organizations in general overcome obstacles and avoid oversights, author Dharmen Dhaliah brings his expertise on the matter (including 26 years of experience) to his newly published book, Physical Asset Management: An Organizational Challenge.

Dharmen Dhaliah's Physical Asset Management: An Organizational Challenge, produced by FriesenPress, offers recommendations and guidance to efficient physical asset management. A holistic approach to managing physical assets has become a top priority for organizations both in the public and private sectors, but Dharmen outlines a single key oversight: how will organizations cope with its implementation to realize maximum value? Physical Asset Management: An Organizational Challenge explores how the holistic physical asset management philosophy fits within an organization, details the challenges it faces, and analyzes the various synergies required among functional areas dealing with physical assets. Existing gaps and overlaps over the whole lifecycle of physical assets are also uncovered, exposing those that hinder collaboration and harmonization.

Physical Asset Management: An Organizational Challenge by Dharmen Dhaliah is available for order from major online book retailers, including the FriesenPress Bookstore and Amazon, as well as on Dharmen’s website:

About the Author
Dharmen is a registered Professional Mechanical Engineer, a Certified Asset Management Assessor, a Project Management Professional, a Maintenance Management Professional, and a Certified Maintenance and Reliability Professional. He currently works for the City of Toronto as Manager Asset Management. Dharmen is a member of the Technical Committee 251 for the ISO 55000 standards, a member of CNAM (Canadian Network of Asset Managers), and served for several years on the Board of Directors of PEMAC (Plant Engineering and Maintenance Association of Canada). He is also instructor of the Maintenance Management Program (MMP), the “Planification et gestion de la maintenance” (PGM) program, and the Asset Management Professional Certificate (AMPC) program. Dharmen Dhaliah lives in Mississauga, Ontario with his wife and two sons. This is his first book.