Maintenance- and Strategic Physical Asset Management: Morphologies of Two Connate Concepts

Titel in Übersetzung: Instandhaltungs- und strategisches Asset Management: Morphologien zweier verwandter Konzepte

Oliver Schmiedbauer, Hans Maier, Florian Kaiser, Hubert Biedermann

Publikation: Beitrag in Buch/Bericht/KonferenzbandBeitrag in Konferenzband


This paper aims to examine the relationships and delimitations between maintenance management (MM) and physical asset management (AM) concepts. There are several standards, e.g., ISO 5000*, DIN 31015, and DIN EN 13306, which define the basic terms connected to maintenance and asset management. However, they lack a clear differentiation between the two terms, and in the scientific literature, they are often used interchangeably. To gather an in-depth understanding of the usage of the two terms, a literature review (LR) was conducted based on different search strings around MM and AM. Using the principles of Design Science Research (DSR), a model was created to describe the morphologies of companies on the spectrum from MM to AM. For validation, data from assessment- and optimization projects with Austrian and German industrial companies in the fields of MM and AM was used. The results are a proposal for a differentiation scheme by the authors and a classification method that helps to understand the differences between MM and AM.
Titel in ÜbersetzungInstandhaltungs- und strategisches Asset Management: Morphologien zweier verwandter Konzepte
Titel Proceedings on 18th International Conference on Industrial Systems – IS’20
UntertitelIndustrial Innovation in Digital Age
Herausgeber (Verlag)Springer Cham
ISBN (elektronisch)978-3-030-97947-8
ISBN (Print)978-3-030-97946-1
PublikationsstatusVeröffentlicht - 24 Mai 2022


  • maintenance management
  • industrial asset management
  • engineering asset management
  • physical asset management
  • industrial management
  • ISO 55001

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