Systematic Literature Review: Asset Management System for Educational Institutions
Keywords:
SLR, Asset Management, BIM, IoT, Sustainability, Educational InstitutionsAbstract
Educational institutions will increasingly rely on asset management (for optimizing operational efficiency, and managing resources to meet sustainability targets). This study attempts to fill a literature gap on asset management in academia, with a specific focus on digital tools, financial strategies, legacy system integration, sustainability metrics in academia, and existing gaps in academic research. We applied the Systematic Literature Review (SLR) method to 33 papers from 2017 to 2024. The results suggest that asset tracking and management is considerably improved through technologies such as Building Information Modeling (BIM), Internet of Things (IoT), and the Digital Twin. However, giant challenges remain, including the integration of new systems with existing legacy infrastructure, cost constraints in implementation, and regulatory obstacles that hinder the adoption of emergent technologies like blockchain. These financial strategies consist of wealth management services and using Business Intelligence (BI) tools to manage resource allocation in educational institutions. Although sustainability metrics kind of integrated into asset management models have the potential to enhance efficiency, minimize environmental harm, there're a limited take up of assets by the usage as the charges are too excessive and standards aren't properly defined. This paper also identifies gaps in the current literature, namely the need for a framework that is relevant for educational practitioners, and calls for more specific empirical studies on the impact of the implementation of digital technology. These findings underscore the need for additional research to overcome existing challenges and find practical solutions to address asset management in educational institutions.
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Copyright (c) 2025 Rilo Purnawan, Aldy (Author)
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