This case study analyzes the Deepwater Horizon disaster through the lens of strategic asset management, highlighting failures in risk identification, equipment maintenance, and operational planning. It emphasizes the importance of a systematic approach to asset governance, including development, operation, maintenance, and disposal. The study identifies reasons for the oil spill, such as faulty equipment and disregarded safety measures, and proposes a strategic asset management plan involving risk mitigation strategies, effective equipment maintenance, asset recapitalization, and proper disposal plans. It concludes that effective asset management is crucial for preventing disasters and ensuring the safe and cost-effective operation of business enterprises. Desklib provides access to similar case studies and solved assignments for students.
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