We as a team manage A to Z of one’s personal lifestyle requests. n-block is an asset lifecycle management best practices, Middle East.
An asset is an entity that has actual value to an organizer. Asset management is the accumulated effort of an organization to realize value from assets it possesses.
One of the main objectives of n-block is minimizing the overall lifetime cost of assets which can be affected by any decision making process. n-block helps an organization to study and observe the performance of assets in different stages. Appropriate asset management strategies and financial resources will save both the time and cost of any company. It will also be easier for the company to track all the changes in the assets their location and how they are enumerated.
Asset Lifecycle Management is the process of optimizing the profit generated by assets throughout their lifecycle. Comprehensive asset portfolio management, rigorous project execution, and effective and efficient asset management practices help a company to earn the profit it desires. n-block addresses all the stages of an asset’s lifecycle regardless of their scope or scale. Years of experience and a group of skilled managers ensure that the business needs are supported by helping to achieve optimal return on the asset base.
4 key stages of n-block are :
- Operation and Maintenance
Planning – The first stage of the asset life cycle is planning. This stage finds out and verifies asset requirements. Management strategies are understood to include and analyze the need for an asset. n-block ensures that the ongoing development adds value to the organization.
The benefits are –
- assessing the practical sufficiency of existing assets
- ensuring resources are available when necessary
- recognizing excess or under-performing assets
- estimating options for asset provision and funding asset acquisition
- ensuring assets are maintained and liable
This gives the most excellent means of delivering value-added asset management.
Acquisition – The acquisition planning is involved in purchasing an asset and getting maximum profit out of it. For this, designing and procuring an asset has to be done. The correct application of these activities will ensure that the asset is fit for use.
The following steps are to be follow –
- the organization has to decide whether the asset will be permanently bought or built
- budget has to be set up keeping the time frame in mind
- cash flow to be decided
Now n-block will make sure that all activities are completed to meet service delivery and other objectives.
Operation and maintenance – This stage indicates the maintenance of the asset, with the aim of delivering services. n-block has a high focus on asset maintenance issues.
Disposal – If in the near future an asset is to be disposed, in order that statutory maintenance to be taken, the maintenance strategy is properly adjusted by n-block.
Managing Asset is the most important aspect to provide security for any business. So it means having the resource qualified with the expertise and training to do it in a professional way.
The n-block operates in the following way –
Plan and design
Procure and build
The team n-block helps to mitigate the risks associated with new capital projects of oil sands, shale gas and tight oil development which are the best practices, Middle East. A balance has to be maintained among operational excellence, risk management effectiveness. A real understanding of the availability, utilization and quality of asset is important to a business. Over estimation results in operational and maintenance issues. n-block helps to predict and address these types of challenges in life cycle management Middle East. n-block broad knowledge of the commercial real estate market will help an organization to enhance all aspect the corporate real estate goals.