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Org. Structure
Structure and/or hierarchy showing component parts working
together to achieve common goals
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TRANSCO has recently undertaken a significant restructuring and refocusing of its organization from a traditional engineering led structure in order to adopt and incorporate the principles of Strategic Asset Management (SAM) into its business processes. The roles of asset owner, manager and asset operator/maintainer have been separated in order to enable the balance between service, risk and cost to be optimized more effectively. Implementation of this new organization structure commenced in the second half of 2006, with further progress made in 2007.