Abstract
| Original language | English |
|---|---|
| Title of host publication | EuroMaintenance 2014 Congress Proceedings |
| Pages | 166-171 |
| Publication status | Published - 2014 |
| MoE publication type | A4 Article in a conference publication |
| Event | 22nd European Congress and Expo on Maintenance and Asset Management: 6th World Congress & Global Forum on Maintenance and Asset Management - Helsinki, Finland Duration: 5 May 2014 → 7 May 2014 Conference number: 22 |
Conference
| Conference | 22nd European Congress and Expo on Maintenance and Asset Management |
|---|---|
| Abbreviated title | EuroMaintenance 2014 |
| Country | Finland |
| City | Helsinki |
| Period | 5/05/14 → 7/05/14 |
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Keywords
- Investment portfolio
- asset management
- uncertainty
- decision making
Cite this
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Investment Portfolio Evaluation: A Practical Techno-Economic Approach to Support Corporate Asset Management. / Kunttu, Susanna; Räikkönen, Minna; Kortelainen, Helena; Komonen, K.
EuroMaintenance 2014 Congress Proceedings. 2014. p. 166-171.Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review
TY - GEN
T1 - Investment Portfolio Evaluation: A Practical Techno-Economic Approach to Support Corporate Asset Management
AU - Kunttu, Susanna
AU - Räikkönen, Minna
AU - Kortelainen, Helena
AU - Komonen, K
PY - 2014
Y1 - 2014
N2 - In capital intensive industries and infrastructure sector strategic decisions often deal with maximizing the value of investment portfolio and aligning it with the strategy. Production assets typically have long life cycles and during the operating time numerous rebuilds, replacements and expansion investments take place. All of these decisions, together with the chosen maintenance strategy, affect not only the length of functional and technological life but also the length of economic life of assets. In order to optimize the investment decisions and the economic life of production assets, companies need to create an asset management strategy, which should be based on constructed and systematic decision-making at all the levels of the corporate hierarchy. In this paper we propose a practical techno-economic approach and evaluation application which aims at to fulfill the gap between theoretical approaches and companies' needs to make deliberated investment decisions in turbulent business environment
AB - In capital intensive industries and infrastructure sector strategic decisions often deal with maximizing the value of investment portfolio and aligning it with the strategy. Production assets typically have long life cycles and during the operating time numerous rebuilds, replacements and expansion investments take place. All of these decisions, together with the chosen maintenance strategy, affect not only the length of functional and technological life but also the length of economic life of assets. In order to optimize the investment decisions and the economic life of production assets, companies need to create an asset management strategy, which should be based on constructed and systematic decision-making at all the levels of the corporate hierarchy. In this paper we propose a practical techno-economic approach and evaluation application which aims at to fulfill the gap between theoretical approaches and companies' needs to make deliberated investment decisions in turbulent business environment
KW - Investment portfolio
KW - asset management
KW - uncertainty
KW - decision making
M3 - Conference article in proceedings
SN - 978-952-67981-1-0
SP - 166
EP - 171
BT - EuroMaintenance 2014 Congress Proceedings
ER -