The Evaluation of Asset Management Practices in Public Sector: Study on a Government Institution in Central Kalimantan Province, Indonesia

Efficiency and effectiveness of asset use are important in public sector organizations in developing countries today. However, research conducted related to the evaluation of asset management performance in the public sector is still limited. This research examines the effect of asset life cycle management and asset management information system implementation on asset management performance at one of government institution in Central Kalimantan Province. The methodology used in this research is quantitative. The data used in this research is primary data supported by secondary data. The data test is done by using Partial Least Square Structural Equation Modeling (PLS-SEM) procedure. The study involved a small number of populations that were all became samples (saturated samples). The results show that positive asset life cycle management significantly affects asset management performance. Implementation of asset management information system has a positive affects the performance of asset management in an unreal manner.