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1 – 10 of over 13000Haniza Hanim Mustafa Bakri, Norazida Mohamed and Jamaliah Said
This paper aims to evaluate the effects of fraud risk elements and integrity on asset misappropriation in the Royal Malaysian Police (RMP). In addition, this research also…
Abstract
Purpose
This paper aims to evaluate the effects of fraud risk elements and integrity on asset misappropriation in the Royal Malaysian Police (RMP). In addition, this research also examines whether integrity moderates the relationship between fraud risk elements and asset misappropriation.
Design/methodology/approach
Data are gathered from the responses of the questionnaires distributed to the RMP. A total of 200 questionnaires were distributed based on simple random selection from five RMP centres in the capital city. Out of 200 questionnaires distributed, only 189 were returned.
Findings
The findings indicate that the existence of fraud risk elements significantly affects the incident of asset misappropriation. An interesting finding was made that integrity is negatively related to asset misappropriation. This implies that integrity is an important value in minimising the occurrence of asset misappropriation. The results also indicate that minimising fraud risk elements is crucial in reducing the incident of asset misappropriation.
Originality/value
This present paper contributes to the literature by investigating a commonly proposed but underexplored elements of integrity in mitigating fraud. Incorporating integrity and fraud risk elements simultaneously in a single framework in context of RMP would enhance the understanding and will be able to provide a framework for practitioners on how to mitigate the incident of fraud.
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Mayang Kusumawardhani, Rajesh Kumar and Markeset Tore
The purpose of this paper is to identify the challenges facing asset integrity management (AIM) practices in the oil and gas industry, in order to continually develop AIM…
Abstract
Purpose
The purpose of this paper is to identify the challenges facing asset integrity management (AIM) practices in the oil and gas industry, in order to continually develop AIM practices in organisations. The focus is to investigate various challenges in fluctuating oil and gas market conditions, and how organisations can continuously ensure the safety and integrity of their offshore facilities.
Design/methodology/approach
AIM challenges were identified by analysing data from literature study, guided interviews and web-based questionnaire with industrial experts in regions in North America, Southeast Asia and Norway. The results are validated through triangulation method with both quantitative and qualitative technique, as well as comparison with other studies.
Findings
The paper identifies, analyses and validates the challenges and factors that may impact the management of asset integrity on offshore installations. The challenges were discussed to develop understanding of the root cause and thus aim to resolve underlying issues.
Research limitations/implications
The paper focuses on offshore production installations with experts from organisations that have experience in Gulf of Mexico, Brazil, South Asia, Southeast Asia and Norway fields. The sample of respondents may not represent the entire population; however, the same approach and result can be used in similar topics and conditions.
Originality/value
The identified challenges can be used by organisations to resolve underlying AIM challenges, improve their AIM strategy and obtain insights into current AIM practices in the petroleum industry.
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Avi Rushinek and Sara F. Rushinek
Studies in the area of evaluating asset safeguarding and dataintegrity have usually dealt with evidential evaluation procedures andthe judgement decisions taken by the auditors…
Abstract
Studies in the area of evaluating asset safeguarding and data integrity have usually dealt with evidential evaluation procedures and the judgement decisions taken by the auditors during initial and subsequent audits. The qualities, measures and techniques of asset safeguarding and data integrity when examined jointly relate a degree of concern for cost‐effectiveness considerations, internal controls and the effects of making global judgements using piecemeal evidence. The design of the appropriate internal control system, combined with the impact of proper data security and risk and computer reliability, make up the circumambience under which auditors′, as well as management′s, assessments are brought to bear.
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R.M. Chandima Ratnayake and Tore Markeset
The purpose of this paper is to provide a comprehensive overview of technical integrity management (TIM) and propose a methodology for assessing to which extent the technical…
Abstract
Purpose
The purpose of this paper is to provide a comprehensive overview of technical integrity management (TIM) and propose a methodology for assessing to which extent the technical integrity (TI) performance is balanced in terms of goal awareness among the personnel responsible for TIM, and the degree to which high level goals are implemented in maintenance strategies.
Design/methodology/approach
The study involved a comprehensive literature survey as well as information and data collected in the Norwegian oil and gas (O&G) industry. Several discussion rounds were carried out with the industrial maintenance management experts to recognize the existing practices and to confirm the suggested model.
Findings
The literature review indicated that there is a need for a methodology for assessing to which extent the technical integrity (TI) performance is balanced in terms of goal awareness among the personnel responsible for TIM, and the degree to which high‐level goals are implemented in maintenance strategies. The suggested model can incorporate industrial data as well as intentions, intuitions and experiences of industrial experts who are making decisions sensitive to TI of a production installation.
Research limitations/implications
The study has been conducted in relation to TIM of production installations on the Norwegian Continental Shelf (NCS). The study is limited to measuring TI performance in relations to experts' awareness.
Practical implications
The study stresses the need for improving synergy between the TI and maintenance management function. It proposes a methodology to measure to which extent organizational priorities are balanced, while addressing financial as well as health, safety and environmental (HSE) interests when selecting a maintenance strategy.
Originality/value
This paper addresses a problem that is not given enough attention in the currently available literature. Available approaches suggest models and frameworks for measuring integrity performance. However, the operationalization of most of the existing models and frameworks, remains vague. Instead a formal mechanism is needed to analyze the gap between the present performance and performance targets.
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Mayang Kusumawardhani, Markeset Tore and Rajesh Kumar
Due to the certain risk carried in offshore petroleum installations, the integrity of these installations needs to be maintained at all times. Thus, asset integrity management…
Abstract
Purpose
Due to the certain risk carried in offshore petroleum installations, the integrity of these installations needs to be maintained at all times. Thus, asset integrity management (AIM) needs to be formulated and monitored to achieve the integrity objective. The purpose of this paper is to study the practices and progression of strategic AIM planning in the petroleum industry.
Design/methodology/approach
The paper is written based on a literature study, observations and data collected from industry practitioners through an online questionnaire and interviews to study the AIM practices in their organization. Validation of the results is performed through respondents’ reviews and cross-referencing with existing literature and supplemental data.
Findings
The paper identifies, analyses and validates the work structure in formulating an AIM strategic plan.
Research limitations/implications
Even though the research focuses on the AIM practices of offshore petroleum installations, the result can be implemented in similar fields.
Originality/value
Researchers or practitioners can benefit from the knowledge gained of current practices and the presented work structure in establishing an AIM strategic plan.
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Ujjwal R. Bharadwaj, Vadim V. Silberschmidt and John B. Wintle
Inspection and maintenance of plant and machinery has traditionally been based on prescriptive industry practices. However, increased experience and a greater understanding of…
Abstract
Purpose
Inspection and maintenance of plant and machinery has traditionally been based on prescriptive industry practices. However, increased experience and a greater understanding of operational hazards is leading sections of industry to take a more informed approach to planning inspection and maintenance, targeting resources to reduce the risk to as low as reasonably practicable. The purpose of this paper is to present an approach to asset management to minimize risks in the most cost effective way.
Design/methodology/approach
The approach shown optimizes run‐repair‐replace decision‐making in the integrity management of assets with the ultimate aim of maximising the impact of money spent on risk mitigation actions. The risk‐based approach, as opposed to the more conventional approaches, assesses failure in its wider context by considering not just the likelihood of failure, but also the consequences should the failure event occur.
Findings
The risk‐based methodology presents a cost‐effective way to minimise life cycle costs in the management of assets whilst maintaining reliability or availability targets, and operating within safety and environmental regulation.
Practical implications
In this paper, for demonstration, a wind turbine system consisting of a number of components including structural components is used. However, the methodology can be extended to any system in which components can be analyzed to provide the required inputs to the risk model.
Originality/value
At a time when competitive pressures force asset managers to prioritize their maintenance, the risk‐based methodology presented here is a rational, efficient and somewhat flexible way to asset integrity management.
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Rajesh Kumar, Sukhvir Singh Panesar and Tore Markeset
The purpose of the paper is to present a concept for the development of technical integrity management services (TIMS) for production facilities that combines multidisciplinary…
Abstract
Purpose
The purpose of the paper is to present a concept for the development of technical integrity management services (TIMS) for production facilities that combines multidisciplinary activities and competences to optimize operational expenses and improve production reliability while keeping focus on health, safety and environment.
Design/methodology/approach
The paper is based on a literature survey and observation of industrial practices. The industrial practices are observed through active participation in the development of the concept.
Findings
The concept involves a main service provider to integrate various competences and activities in service packages to provide holistic solutions to the customers' technical integrity needs. Such a concept could facilitate development of a new type of maintenance and modification solutions in which the maintenance strategies are developed based on real‐time data acquisition and analysis of actual asset condition.
Practical implications
The conceptual approach presented provides insight into the process of combining expertise and activities from different disciplines in one service solution package. The concept can be used by managers to develop better technical integrity solutions for production facilities.
Originality/value
The paper presents a concept that can be used in industry by managers to develop service solutions in the maintenance area that could improve the effectiveness and efficiency of maintenance processes in capital‐intensive industries. TIMS is expected to provide a service solution that may change operation and maintenance practices as well as the relationship between the involved companies/specialists.
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Paul M. Gibbons, Colin Kennedy, Stuart C. Burgess and Patrick Godfrey
A previous attempt to implement the use of historical measures of asset management effectiveness – as part of a value improvement model (VIM) for repetitive processes – had not…
Abstract
Purpose
A previous attempt to implement the use of historical measures of asset management effectiveness – as part of a value improvement model (VIM) for repetitive processes – had not been 100 percent successful within an airport operational engineering environment. Taking into account the more holistic approach realised through applying a soft systems methodology (SSM), the purpose of this paper was to use the CATWOE (Customers, Actors, Transaction, World View, Owner and Environment) tool to gain an understanding of the root definition of the problem statement developing a conceptual model used to facilitate an improvement to the implementation process.
Design/methodology/approach
The research methodology taken incorporated an action research approach combining case study research with an action research process of planning, observing and reflecting summarized as taking an action case research design.
Findings
This research has developed a visual and systematic framework that enables managers to understand, analyse and improve value in their asset management repetitive processes. The CATWOE root definition tool has been used to create a conceptual model of the problem area providing a holistic view of the stakeholders and the internal and external environmental constraints that the VIM for asset management sits within.
Research limitations/implications
The research was completed in‐situ at a single airport focused on a single group of assets managed by a single group of stakeholders. Future research should look to further develop the VIM and CATWOE approach in other asset management environments such as manufacturing as well as asset intensive service industries.
Originality/value
This research has taken a soft systems approach and successfully applied it to the implementation of hard systems measurements of asset management effectiveness within an airport operational engineering environment. Other managers with asset management responsibilities will find this approach useful in achieving their core objective to improve the effectiveness and efficiency of their assets and the teams employed to maintain them at minimal total cost.
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Lam‐for Kwok and Dennis Longley
Information security management has been placed on a firmer footing with the publication of standards by national bodies. These standards provide an opportunity for security…
Abstract
Information security management has been placed on a firmer footing with the publication of standards by national bodies. These standards provide an opportunity for security managers to gain senior management recognition of the importance of procedures and mechanisms to enhance information security. They may also place demands on security managers to provide convincing demonstration of conformance to the standards. The risk data repository (RDR) computer model described in this paper was developed to manage organisational information security data and facilitate risk analysis studies. The RDR provides a form of computer documentation that can assist the security officer to maintain a continuous record of the organisational information security scenario and facilitate system security development, business continuity planning and standards conformance audits.
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Mohamed Khalifa, Faisal Khan and Joseph Thorp
– The purpose of this paper is to propose a quantitative model for risk-based maintenance and remaining life assessment for gas turbines.
Abstract
Purpose
The purpose of this paper is to propose a quantitative model for risk-based maintenance and remaining life assessment for gas turbines.
Design/methodology/approach
The proposed model uses historical failure and repair data from the operation of gas turbines. The time to failure of gas turbines is modeled using Weibull distribution.
Findings
The total risk is estimated considering replacement cost, repair cost, operation cost, risk of failure and turbine remaining value after a specified period of time.
Originality/value
The model is an effective tool to make optimal decisions regarding maintenance strategy (repair or replacement) and to assess the remaining life based on a comparison of the total risk. The literature review focusses on developing different models to make risk-based decisions regarding the selection of a maintenance strategy and maintenance interval, however, literature is silent regarding risk-based assessment of the equipment remaining life, which is the focus of present work. The model is tested and applied to ageing gas turbines in a cross-country pipeline.
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