Thesis (MPA)--Stellenbosch University, 2014. / The asset management process and strategy has been adopted and implemented within the
public sector. Although the National Treasury developed the Capital Asset Management
Guidelines to assist with the development and implementation of the asset management
system the guidelines have received very little attention over the years. The Auditor
General’s findings indicate a lack of proper implementation of the asset management process.
The study provides a clear indication of the implementation of the asset management process
by most government entities, local government municipalities and the public sector.
The outcome is that while most entities have made progress with regards to the implementation,
much remains to be done. Most entities implement the asset management process
selectively. This does not yield positive and sustainable results and they end up abandoning
the whole asset management system. The report provides the process of successful development and implementation of asset
management, it also indicate that if there are element that are missed or not properly done
the process will not yield constant results or performance and the impact on the organization
performance will not be positive. The management of the organization must ensure
that asset management is aligned with strategic objectives of the organization and performance
measurement must be directly linked with asset management, performance measurement
should be used to determine progress and implementation. Service level agreements
must be established between all relevant departments including the finance department
and there must be agreement on the objectives between all stakeholders. The key to
proper implementation is the alignment of the asset management process with the strategic
objectives of the organization.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:sun/oai:scholar.sun.ac.za:10019.1/86711 |
| Date | 04 1900 |
| Creators | Mhlongo, Thabani |
| Contributors | Burger, A. J., Stellenbosch University. Faculty of Economic and Management Sciences. School of Public Leadership. |
| Publisher | Stellenbosch : Stellenbosch University |
| Source Sets | South African National ETD Portal |
| Language | en_ZA |
| Detected Language | English |
| Type | Thesis |
| Format | xii, 69 p. |
| Rights | Stellenbosch University |
Page generated in 0.0021 seconds