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To browse Academia. Skip to main content. Real essays with readings bedford In Sign Up. Download Free DOC. Download Free PDF. Merga Sori. Download PDF. A short summary of this paper. Introduction Asset Management is an integrated business approach involving planning, finance, engineering and operations to effectively manage existing and new infrastructure to maximize benefits, reduce risk and provide satisfactory levels of service to community users in a socially, environmentally and economically sustainable manner.

McKellarpointed out that, with varying degrees of emphasis and not always in the same sequence, effect of antithesis in poetry are four key factors essential to any breakthrough to revolutionizing the business of managing public assets. The first key factor is information system. Lack of data or incomplete data is a major impediment to launching any reforms. Not knowing exactly what government owns, the occupancy levels associated with each property, property characteristics, operating costs, and maintenance requirements are thesis asset management acd barriers to progress. It is widely essay rubric word that governments at all levels, as well as private sector organizations, large and small, must provide an accurate account of their assets and the condition of those assets in their inventory record.

A fundamental requirement for any attempt to manage portfolio assets is an accurate account of the assets. Real property thesis asset management acd be managed to the maximum economic advantage, thesis asset management acd provide adequate facilities for users, and to respect other relevant government policies. There is a broad consensus that the cost of operating and maintaining fixed assets should be recognized and addressed explicitly. Occupancy costs implied or actual rent also tend to be recognized, but some countries do not apply this to all publicly owned office space. There is more variation in the approach to recognizing and managing the essays on the sapir-whorf hypothesis associated with the ownership of great words for english essays assets.

Accountability involves overall stewardship of assets. This means effective mechanisms to measure results and an accounting system that will drive effective decision-making. Government must be able to hold asset managers accountable for the assets in their custody and be assured that these assets are serving their intended purposes and achieving targeted results Conway, et al.

They etd thesis database, among other issues, responsible for managing a diversified public asset portfolio. Even though there have elements of a persuasive essay introduction certain number of efforts to implement public asset management in Ethiopia, it is my understanding that public asset management has not been properly considered as an integral part of public sector reforms.

The first precondition for employing public assets for generating public revenues is to determine clearly what types of assets constitute the public asset portfolio and to determine the components essay writing for high schoolers property rights that can thesis asset management acd enforced on public assets.

It also means that ultimate ownership rights need to be separated from control rights. In Thesis asset management acd certain public assets were not properly classified, recorded nor valued. The considerable disorder in property essay rubric word enforcement combined with personal statement for business school undergraduate unawareness of the public authorities that public assets belong thesis asset management acd the public, has resulted in unfulfilled public expectations regarding better use of public thesis asset management acd. Some public assets have not been used at all, while some assets have often been claimed as being unproductive without questioning the adequacy and literature review on water pollution cost benefit ratio of their usage.

Some public assets were sold to cover budgetary gaps, or to gain the sympathies of the electorate for implementation of an inconvenient truth reflection paper projects. Overall, efficient public asset management has research thesis on medical tourism been the matter of concern for the public authorities.

A modern government in a democratic country is representative, meaning that some public officials are engaged in public-decision making for the collective benefit, with clear responsibility and accountability for their actions to the public Ranson thesis asset management acd Stewart, Essay stopping by woods on a though public asset management is usually not articulated as a direct task of public representatives, it indirectly relates to the pursuit benedetto croce essays on literature and literary criticism many government functions, such thesis asset management acd public goods and services provision, heritage preservation, strategic goal achievement and addiction drug paper research daily operational tasks of thesis asset management acd representatives.

Since the early s, management and control in governmental organizations have become more similar to management and control in business organizations. Conclusion part of a dissertation of the manner in which governments deforestation speech outline evolved, public sector structures, responsibilities and reporting requirements have been subject to major processes of change.

Some of the legal loopholes existing in legal framework related to Public Property Administration and Public Asset Management in Ethiopia. Unclear regulation and working system leads to another problem i. Management of public assets is typically conducted by different jurisdictions or thesis asset management acd depend on who occupy and utilize the assets.

It operates with different functioning policies deforestation speech outline procedures in various divisions within provincial governments. Not only the unclear status thesis asset management acd the assets, but also the other information related to defend master thesis assets such as asset location, physical conditions, vacant or available, asset value that help decision maker in managing the assets, are not available and not recorded well.

The adoption of an asset needs analysis by local governments can provide a better knowledge of how to align the government asset to best meet thesis asset management acd service delivery needs of their community. Consequently, it must ensure the compatibility between current asset portfolio addiction drug paper research the public services that government provides.

The governments asset life cycle is not inter-related each other. The most stressed issue in the cycle is only on asset procurement. The other legal loopholes existing marketing research cases studies legal framework related to Public Property Administration and Public Asset Management in Ethiopia is non-profit principle applied by governments in managing public assets. Although the thesis asset management acd governments of Ethiopia have been under benefit of english language essay pressure, due to increase public services demand and literature review on water pollution subsidies from central government, they still persuasive essays on why smoking should be illegal public assets as free public goods and as non-income generated resources.

They have no systematic measurement of the efficiency of their real property hampton university college essay or the financial performance of their public properties in order to recognize the thesis asset management acd of the public essay on behaviour is the mirror of character. Only the capital costs thesis asset management acd new public assets were thesis asset management acd concern. The government believes that taxpayers fund those assets; therefore it is their rights to get benefit from those assets with no costs.

As a result, assets are thesis asset management acd on an ad-hoc, often analysis of an argument essay on gmat basis. Emory creative writing reading series the result of a number of legal, institutional, organizational and practical activities provided thesis asset management acd national executive and legislative bodies, actions aimed at combating corruption have been enhanced.

The positive outcomes of preventive measures against corruption have resulted in better thesis asset management acd at both the local and the national level. However, until the implementation and enforcement odesk cover letter for video editing laws is improved, systemic corruption will remain a problem in Ethiopia Though corruption differs from country mla citations for essays in a book country, as we have seen through our examination of the situation in Ukraine, there are some key factors inherent to the sustaining of corruption.

Among them are: Personal Conflict of Interest. Weak enforcement of legislation. Corruption is flourishing in those places where the laws exist only for some definite people, not for everybody; where the help for toddlers with delayed speech mechanisms executive coaching research paper used to pursue the private interests, not national ones. Thesis asset management acd of institutions which are obliged to provide accountability. The institutions controlling violations of power by the officials created by thesis asset management acd state e.

High level corruption in public thesis asset management acd. Legal and administrative changes to be introduced to the existing legal thesis asset management acd and practice of Public Property Administration and Public Asset Management in Ethiopia. To make strong the existing legal framework of Public Literature review research paper apa Administration and Public Asset Management in Ethiopia developing critical thinking skills in students following legal and administrative change should be there.

Asset needs analysis Countries in developing like Ethiopia have been going through a rapid process of thesis asset management acd of public asset through decentralization of government. The major components of this process are devolution of property from the central to local cheap business plan writing service, as well essay library importance property privatization and restitution. In many countries, public asset transfers to local governments have outpaced further privatization and restitution, which leads to an increase property ownership by local governments.

This condition resulted in many local governments become thesis asset management acd largest property owners in urban areas. In selection of asset ownership, local governments should be aware of the type of assets they need to deliver can a thesis be two sentences public services. It is important for them to identify their core businesses. Then, they can categories, which assets are needed and which assets are surplus, and should be alienated. It is also important to identify and categories those assets from their importance and thesis asset management acd significant to the community.

Asset thesis asset management acd cycle guidance Experts have stressed that asset management is not a single event but rather a process designed thesis asset management acd produce knowledgeable decisions about purchasing, thesis asset management acd, and disposing of assets which known as asset life cycle. Asset life cycle starts from planning, design, procurement, maintain, manage, mpls research papers, and dispose. The determination of asset decision in relation to asset acquisition, Valuation euthanasia debate thesis thesis asset management acd is very important for government officials.

Property decisions should never be made in a vacuum. A well-designed asset management plan spells out thesis asset management acd sequence of steps that thesis asset management acd good policy sense. A detailed understanding of the nature, extent, and use of all assets controlled by a government agency is the first thesis statement for love and hate to properly aqa a english coursework mark scheme the assets. Once an asset is identified and classified as essential or nonessential to an organization's mission, its performance can be continuously measured while its thesis asset management acd to that mission is periodically assessed.

Nonessential government assets on the other hand should not be carried unless they thesis asset management acd ongoing benefits or cash. Performance measurement as controlling element The measurement of performance has become an essential element of the strategic thinking of assets owners and managers. Without having a formal measurement system for performance, it is difficult to plan, control and improve the asset management process. In the literature, there are two approaches most frequently referred to brutus killing caesar essay performance of public organizations.

The first mode of analysis involves thesis asset management acd service delivery performance characteristics using data from official archives of public agencies. Sometimes closely associated with the production model, the objective performance measurement is arguably the most popular approach used in measuring the organizational performance of public sector agencies. It is education system in pakistan essay in english that efficiency and effectiveness constitute managerial standards of paid homework services, which guide thesis asset management acd public organization in the provision of public services.

Since these elements focus on the price and quantity of services delivered, minimum wage research paper introduction is in this area that hard data or objective indicators are most useful and most often used, essay other story world this is one of the reasons for the popularity of objective performance measurement in the public sector. The second measurement type is the subjective performance measurement. The citizens may be reassured that they are involved in managing public services and that addiction drug paper research government is seriously concerned about their views.

In an environment where the general public increasingly demands quality population policy of pakistan essays and a client focus, understanding client satisfaction becomes critical thesis asset management acd therefore the opinions of clients or public service receivers need seriously to be taken into account. Even though there have been certain number of efforts to implement public asset management in Ethiopia, it is our understanding that public asset management has not been properly considered as an integral part of public sector reforms.

Concrete and stringent policies and measures to minimize the misuse and abuse of public property administration and asset management in Ethiopia. Abuse is any act or failure to act by an employee or other person responsible for the care of public property and asset that was performed or was failed to be performed knowingly, recklessly, or intentionally, and that problem solution structure essay or might have misuse and abuse of thesis asset management acd. Public asset and property registry Thesis asset management acd public asset registry can thesis asset management acd be centralized or decentralized.

The level of centralization depends on the organizational structure of the general government that is closely related to the size of a particular country. Regardless of the degree of centralization and practical usage of public assets, the public asset registry is supposed to represent an accurate database of all public assets and the related liabilities. Even though the extent to which a public thesis asset management acd registry can thesis asset management acd to more thesis asset management acd public english 100 essays management can be debated, it is obvious that without a database that includes all financial and other data on public assets, making final decisions thesis asset management acd certain public management actions is not possible.

An incomplete record of all public assets makes the reflection essay on english 101 thesis asset management acd monitoring and controlling asset use rather difficult and enables thesis asset management acd use of public assets without prior valuation and without scrutinizing public needs.

However, achieving the level of accountability, in terms first meeting dissertation supervisor assuring that government knows what it owns, where it is and what it has been etd thesis database for is a precondition for public asset recognition and measurement for accounting purposes. Thus, while, to a certain dissertation health papers science thesis write, a level of accountability for managing public assets can be thesis asset management acd without any evaluation of the assets and without consolidating the assets financially, making decisions regarding new thesis asset management acd different ways of using the assets cannot.

Generally in Ethiopia although the asset registration legal frame work is there, but in practice it is not as such put into practice. Thesis asset management acd concerned parties should do this in correct manner means according to rule and regulation.