Asset Management Decision-Making For Infrastructure Systems
Asset Management Decision-Making For Infrastructure Systems

Author: Alireza Mohammadi

Publisher: Springer Nature

Published: 2022-04-25

Total Pages: 210

ISBN-13: 3030976149

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This textbook provides practical and concrete guidance for the step-by-step implementation of decision-making for infrastructure asset management. Examples are used to illustrate how data from condition assessment are used to develop performance models, to estimate the effectiveness of investments that are prioritized and scheduled to accomplish reliable and convenient infrastructure for the wellbeing of the public and regional economic competitiveness. Book illustrates numerous worked problems to clarify ambiguity in developing a decision-making platform to prioritize assets and distribute budgets effectively and efficiently. Ensures reader understanding of the benefits and challenges of infrastructure asset management; Provides a step-by-step guide for the development of each component of an asset management decision-making system; Includes worked examples to clarify decision-making and budget allocation process.

Whole-Life Value-Based Decision-Making in Asset Management
Whole-Life Value-Based Decision-Making in Asset Management

Author: Rengarajan Srinivasan

Publisher: ICE Publishing

Published: 2016-06-22

Total Pages: 0

ISBN-13: 9780727760616

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Whole-Life Value-Based Decision-Making in Asset Management is a comprehensive guide to improving the effectiveness of infrastructure asset management by determining the level of expenditure on infrastructure assets in order to maximise life-cycle value.

Whole-life Value-based Decision-making in Asset Management
Whole-life Value-based Decision-making in Asset Management

Author: Ajith Parlikad

Publisher:

Published: 2016

Total Pages: 87

ISBN-13: 9780727760623

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'Whole-Life Value Based Decision Making in Asset Management' is a comprehensive guide to improving the effectiveness of infrastructure asset management by determining the level of expenditure on infrastructure assets in order to maximise lifecycle value.

Asset Management for Infrastructure Systems
Asset Management for Infrastructure Systems

Author: Gerd Balzer

Publisher: Springer Nature

Published: 2022-02-16

Total Pages: 465

ISBN-13: 3030908542

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This book offers a broad overview of asset management processes for different utilities, with a special emphasis on energy and water. It provides readers with important practical considerations concerning the development of new competitive structures and procedures for guaranteeing a sufficient supply of energy and water in a regulated environment, using clearly defined technical and economic cornerstones. On the one hand, asset owners expect suitable interests from their investment and business growth; on the other hand, regulators focus more on a reliable and cost-effective customer supply. This book shows how to take into consideration these different perspectives in the process of designing new structures, and how to guarantee organizational transparency. It describes essential principles and boundary conditions for ensuring the optimal use of resources in a network, covering issues relating to equipment service life, IT landscape and computer programs, operational costs management, and investment and maintenance strategies, highlighting their impact on the organization of the company. This thoroughly revised and updated second edition, includes extensive information about IEC standard (IEC/TS 63060), and cover operation research methods focusing on the optimization of the maintenance tasks. Furthermore, a discussion on the political environment has been included, with a special emphasis on the European situation and the “Green Deal”: specifically, some measures to cope with the topic of energy transition are presented. Last, but not least, a brand-new chapter on condition assessment has been included.

Infrastructure Asset Management with Power System Applications
Infrastructure Asset Management with Power System Applications

Author: Lina Bertling Tjernberg

Publisher: CRC Press

Published: 2018-03-29

Total Pages: 583

ISBN-13: 1498708684

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Infrastructure Asset Management with Power System Applications is about infrastructure asset management, which can be expressed as the combination of management, financial, economic, and engineering, applied to physical assets with the objective of providing the required level of service in the most cost-effective manner. It includes management of the whole lifecycle of a physical asset from design, construction, commission, operation, maintenance, modification, decommissioning, and disposal. It covers budget issues and focuses on asset management of an infrastructure for energy—i.e., the electric power system. Features Offers a comprehensive reference book providing definitions, terminology, and basic theories as well as a comprehensive set of examples from a wide range of applications for the electric power system and its components. Spans a wide range of applications for the electric power system area, including real data and pictures. Contains results from recently published research and application studies. Includes a wide range of application examples for the electric power systems area from hydro, nuclear, and wind, plus shows future trends. Contributes to the overall goals of developing a sustainable energy system by providing methods and tools for a resource efficient use of physical assets in the electric power system area.

An Asset Management Approach for Drainage Infrastructure and Culverts
An Asset Management Approach for Drainage Infrastructure and Culverts

Author: Mohammad Najafi

Publisher:

Published: 2008

Total Pages: 308

ISBN-13:

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Drainage infrastructure systems (culvert, storm sewer, outfall and related drainage elements) are mostly buried underground and are in need of special attention in terms of proactive/preventive asset management strategy. Drainage infrastructure systems represent an integral portion of roadway assets that routinely require inspection, maintenance, repair and renewal. Further challenges are the wide geospatial distribution of these infrastructure assets and environmental exposure. There has been considerable research conducted on culverts, but mostly looked at the problem from a traditional structural/geotechnical perspective. Asset management procedures for culverts and drainage infrastructure systems are complex issues, and can benefit a great deal from an optimal asset management program that draws from programs pertaining to buried pipes. The first and most important step in an asset management initiative is the establishment of mechanism for asset inventory and asset conditions in a format compatible with the routine procedures of field operators and inspectors. The first objective of this research project was to develop field protocols and operational business rules for inventory data collection and management and inspection of drainage infrastructures in terms of types of data to be collected, frequency of inspection, and analysis and reporting mechanisms. After review of these protocols by the project oversight committee, a pilot study was conducted to verify efficiency of their implementation. The condition assessment protocol introduced is useful in evaluating the overall condition of culverts and can be used for decision making regarding the repair, renewal or replacement of culverts. For the second objective of this project, investigators examined the inventory and inspection protocols employed by Ohio Department of Transportation (ODOT) and developed a decision support platform, which establishes a link between the inspection results and appropriate repair, renewal and replacement procedures. After applying the recommended procedures, the transportation agencies can better track the conditions of culverts thereby reducing the risks of culvert failures.

Asset Management of Physical Infrastructure: Managerial Frameworks, Policy, and Practice
Asset Management of Physical Infrastructure: Managerial Frameworks, Policy, and Practice

Author: Steven Male

Publisher: Wiley-Blackwell

Published: 2023-01-30

Total Pages: 512

ISBN-13: 9781119501695

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The intent of the text is not to focus on the tools and techniques of asset management since these are dealt with extensively within other guidance documents and textbooks, but to place those within a strategic and tactical context of organisational development in asset management. Importantly, by bringing together international best practice and research, together with critically related knowledge domains that underpin the landscape of the discipline, the intent is to address the development of asset management capabilities within organisations and the challenges of deploying asset management skills in organisations. This is a particularly important challenge in developed and emerging economies. In broad terms the book will integrate: concepts of strategic management with those of asset management, portfolio, programme, and project management notions of the ‘Intelligent Client’ creation and enhancement of organisational capabilities in AM as an organisational change initiative

14th WCEAM Proceedings
14th WCEAM Proceedings

Author: Adolfo Crespo Márquez

Publisher: Springer Nature

Published: 2020-12-02

Total Pages: 311

ISBN-13: 3030642283

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This book gathers selected peer-reviewed papers from the 14th World Congress on Engineering Asset Management (WCEAM), which was held in Singapore on 28–31 July 2019, as well as papers presented during the 1st WCEAMOnline event which focused on the ramifications of Covid-19 on infrastructure systems. This book covers a wide range of topics in engineering asset management, including: asset management services provisioning; servitization; decision-making; asset management systems; industrial Internet of things; and vulnerability and resilience of infrastructure systems. The breadth and depth of these state-of-the-art, comprehensive proceedings make them an excellent resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students.