Best practice asset management in major project delivery

The paper discusses about the Rolls-Royce PLC's, an aircraft engine maker company, best practice asset management in major project delivery. Rolls-Royce's aerospace business makes commercial and military gas turbine engines for military, airline, and corporate aircraft customers worldwide. It presents the following best asset management which includes 1.) building whole life asset management requirements using a capability acquisition perspective. 2.) making better investment decisions 3.) balancing financial, technical and risk aspects 4.) managing change during a major asset management project.