Download or read book INTERDEPENDENT INFRASTRUCTURE written by Chen Zhong and published by Open Dissertation Press. This book was released on 2017-01-26 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "An Interdependent Infrastructure Asset Management Framework for Public Facilities" by Chen, Zhong, 鍾晨, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Infrastructure asset management (IAM) emerged in the 1970s, known then as "terotechnology," and then received increasing attention after the catastrophic explosion in the offshore oil and gas platform "Piper Alpha" in July 1988. Infrastructure assets play an important role in underpinning the well-being, social cohesion and economic growth of a society, offering transportation, energy supply, telecommunication, health care, education, accommodation and other services to most citizens. In megacities with high population density such as Hong Kong, infrastructure asset management becomes a puzzle for many infrastructure administrative sectors. Highly complex and dense districts have numerous urban infrastructure assets - such as highways, drinking water networks, gas pipes, public housing, and telecommunication networks - making it more difficult to achieve good infrastructure asset management. More than twenty sectors share the underground space to manage their own utilities in Hong Kong, compelling the asset managers to communicate and collaborate with each other for better asset management. To improve its urban management efficiency, Hong Kong has an urgent need to develop its cross-sector IAM practices. The aim of this research is to re-engineer an interdependent IAM framework for public facilities in order to help clarify the requirements and enable the establishment of a smart, systematic inter-network IAM system for achieving the efficiency, effectiveness, transparency, accuracy and safety of IAM in Hong Kong and other high-density megacities. This research began with a detailed literature review of infrastructure asset management and interdependency. Based on the literature review, correspondent semi-structured interviews were conducted to unveil the current practice and weakness of infrastructure asset management in Hong Kong. Three case studies of three typical infrastructure assets in Hong Kong  related to public housing, underground utilities and temporary transportation management - were undertaken to demonstrate the process flow of infrastructure management by using flow diagrams; system dynamic modelling was adopted to simulate the interactions within such IAM in causal loop diagrams to reveal the interdependencies qualitatively. A validation questionnaire survey was designed and implemented to validate the research outcomes obtained. Generic causal loop diagrams have been developed from the individual causal loop diagrams to represent the interdependencies among general cases on IAM. In this research, a dependency matrix has been developed to illustrate the level of dependency as well as types of interdependencies, while asset hierarchy has been introduced to categorize and quantify the interdependencies of infrastructures. The dynamic interactions of different stakeholders and systems in the interdependent infrastructure network have been demonstrated in flow diagrams and further elaborated in causal loop diagrams. Feedback loops identified from causal loop diagrams assisted in analyzing the infrastructure asset management structures, performances and problems. The developed generic causal models for general cases on IAM could not only benefit the overall urban development in Hong Kong, but also shed light on other similar megacities for continuous improvement. Subjects: Engineering - Management Infrastructure (Economics) - Management

Download or read book An Interdependent Infrastructure Asset Management Framework for Public Facilities written by Chen Zhong and published by . This book was released on 2017-01-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "An Interdependent Infrastructure Asset Management Framework for Public Facilities" by Chen, Zhong, 鍾晨, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Infrastructure asset management (IAM) emerged in the 1970s, known then as "terotechnology," and then received increasing attention after the catastrophic explosion in the offshore oil and gas platform "Piper Alpha" in July 1988. Infrastructure assets play an important role in underpinning the well-being, social cohesion and economic growth of a society, offering transportation, energy supply, telecommunication, health care, education, accommodation and other services to most citizens. In megacities with high population density such as Hong Kong, infrastructure asset management becomes a puzzle for many infrastructure administrative sectors. Highly complex and dense districts have numerous urban infrastructure assets - such as highways, drinking water networks, gas pipes, public housing, and telecommunication networks - making it more difficult to achieve good infrastructure asset management. More than twenty sectors share the underground space to manage their own utilities in Hong Kong, compelling the asset managers to communicate and collaborate with each other for better asset management. To improve its urban management efficiency, Hong Kong has an urgent need to develop its cross-sector IAM practices. The aim of this research is to re-engineer an interdependent IAM framework for public facilities in order to help clarify the requirements and enable the establishment of a smart, systematic inter-network IAM system for achieving the efficiency, effectiveness, transparency, accuracy and safety of IAM in Hong Kong and other high-density megacities. This research began with a detailed literature review of infrastructure asset management and interdependency. Based on the literature review, correspondent semi-structured interviews were conducted to unveil the current practice and weakness of infrastructure asset management in Hong Kong. Three case studies of three typical infrastructure assets in Hong Kong  related to public housing, underground utilities and temporary transportation management - were undertaken to demonstrate the process flow of infrastructure management by using flow diagrams; system dynamic modelling was adopted to simulate the interactions within such IAM in causal loop diagrams to reveal the interdependencies qualitatively. A validation questionnaire survey was designed and implemented to validate the research outcomes obtained. Generic causal loop diagrams have been developed from the individual causal loop diagrams to represent the interdependencies among general cases on IAM. In this research, a dependency matrix has been developed to illustrate the level of dependency as well as types of interdependencies, while asset hierarchy has been introduced to categorize and quantify the interdependencies of infrastructures. The dynamic interactions of different stakeholders and systems in the interdependent infrastructure network have been demonstrated in flow diagrams and further elaborated in causal loop diagrams. Feedback loops identified from causal loop diagrams assisted in analyzing the infrastructure asset management structures, performances and problems. The developed generic causal models for general cases on IAM could not only benefit the overall urban development in Hong Kong, but also shed light on other similar megacities for continuous improvement. Subjects: Engineering - Management Infrastructure (Economics) - Management

Download or read book Public Infrastructure Asset Management Second Edition written by Waheed Uddin and published by McGraw Hill Professional. This book was released on 2013-07-29 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Latest Tools and Techniques for Managing Infrastructure Assets Fully updated throughout, this practical resource provides a proven, cost-effective infrastructure asset management framework that integrates planning, design, construction, maintenance, rehabilitation, and renovation. Public Infrastructure Asset Management, Second Edition, describes the most current methodologies for effectively managing roads, bridges, airports, utility services, water and waste facilities, parks, public buildings, and sports complexes. This comprehensive guide covers information management and decision support systems, including proprietary solutions and new technological developments such as cloud storage. The book discusses total quality management, economics, life-cycle analysis, and maintenance, rehabilitation, and reconstruction programming. Up-to-date examples and real-world case studies illustrate the practical applications of the concepts presented in this thoroughly revised reference. This new edition features: Planning, needs assessment, and performance indicators Database management, data needs, and analysis Inventory, historical, and environmental data In-service monitoring and evaluation data Performance modeling and failure analysis Design for infrastructure service life Construction Maintenance, rehabilitation, and reconstruction strategies, policies, and treatment alternatives Dealing with new or alternate concepts Prioritization, optimization, and work programs Integrated infrastructure asset management systems Visual IMS: an illustrative infrastructure management system and applications Available asset management system and commercial off-the-shelf providers Benefits of implementing an asset management system Sustainability, environmental stewardship, and asset management Future directions for infrastructure asset management

Download or read book Investments in Federal Facilities written by National Research Council and published by National Academies Press. This book was released on 2004-05-24 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Facilities now owned by the Federal Government are valued at over $300 billion. It also spends over $25 billion per year for acquisition, renovation, and upkeep. Despite the size of these sums, there is a growing litany of problems with federal facilities that continues to put a drain on the federal budget and compromise the effectiveness of federal services. To examine ways to address these problems, the sponsoring agencies of the Federal Facilities Council (FFC) asked the National Research Council (NRC) to develop guidelines for making improved decisions about investment in and renewal, maintenance, and replacement of federal facilities. This report provides the result of that assessment. It presents a review of both public and private practices used to support such decision making and identifies appropriate objectives, practices, and performance measures. The report presents a series of recommendations designed to assist federal agencies and departments improve management of and investment decision making for their facilities.

Download or read book Principles of Public and Private Infrastructure Delivery written by John B. Miller and published by Springer Science & Business Media. This book was released on 2000-11-30 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essential to anyone involved in the planning, design, construction, operation or finance of infrastructure assets, this innovative work puts project delivery, finance, and operation together in a practical new formulation of how both public and private owners can better manage their entire collection of infrastructure facilities. Principles of Public and Private Infrastructure Delivery traces the history of infrastructure development and finance in the United States, and meticulously ties America's historical success in infrastructure to the simultaneous use of Design-Bid- Build, Design-Build, Design-Build-Operate, and Design-Build-Finance-Operate to deliver both public and private infrastructure collections. This historical background provides the basis for a new, integrated strategy for managing infrastructure assets in the 21st century. Principles of Public and Private Infrastructure Delivery provides the logic and practical tools that public and private decision-makers need to make better strategic choices in the application of scarce resources to infrastructure facilities. New tools are presented that permit simple comparisons of different project delivery and finance strategies. Practical approaches are provided that allow owners to quickly compare capital program alternatives for entire collections of infrastructure facilities. Practical legislative strategies for organizing the delivery of public infrastructure are presented and described. Principles of Public and Private Infrastructure Delivery provides a practical framework that owners can apply to implement a competitive infrastructure strategy and a principled framework that private sector firms can use to effectively reposition themselves in this changing market. It puts infrastructure asset management in an entirely new and more productive light, and establishes a new paradigm for steady improvement in the quality and cost performance of public and private infrastructure networks. Audience: This book will be an essential reference tool for infrastructure managers throughout the public and private sectors, including: Public Works Officials; Corporate Officials Responsible for Asset Management; State Legislators and Executive Officials; State Agencies and Regional Authorities Responsible for Transportation, Water Supply and Treatment; City Mayors, Town Managers, and Other Local Officials; Private Infrastructure Developers and Operators; Procurement and Project Counsel; Design-Builders; Constructors; Design Professionals; Management Consultants; Program Managers; and Financial Institutions.

Download or read book Asset Management Tools for Municipal Infrastructure Considering Interdependency and Vulnerability written by Ahmed Atef Youssef and published by . This book was released on 2015 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current asset management practices of municipal infrastructure focus on modeling water, sewer and road networks into isolated layers and hence overlook the spatial and functional interdependencies among these assets. For instance, the performance of an asset can be impacted spatially and/or functionally by its neighboring assets. Vulnerability assessment, in this study, measures the asset’s degree of susceptibility for structural and/or functional failures triggered by failure of these functions in neighboring assets. The objective of this research is to develop a computational framework for optimizing intervention policies for likely vulnerable civil infrastructure networks considering spatial and functional interdependencies. The developed framework integrates three models; 1) interdependency assessment model, 2) vulnerability assessment model and 3) system dynamics model. The interdependency assessment model captures spatially and functionally interdependent assets utilizing two developed modules: spatial interdependency module and functional interdependency module. The spatial module utilizes ArcGIS geoprocessing tools in determining geographically interdependent assets. It encapsulates interdependent assets in a set of new layers and a newly developed database containing characteristics of such interdependencies. On the other hand, the functional module employs graph theory principles in determining an asset's degree of connectivity with its neighboring assets. The functional module will aid in recognizing the likely influence of an asset failure on its neighboring assets' performance using betweenness centrality. The output of the assessment model is in the form of bundles of spatially and functionally interdependent assets. For vulnerability assessment, three computational models are developed and experimented with to rate vulnerability of civil infrastructure systems considering their spatial and functional interdependencies with neighboring assets. These models are; 1) multi-attribute utility theory (MAUT), 2) artificial neural network (ANN) and 3) fuzzy c-mean clustering (FCM). Operation and maintenance reports obtained from two Canadian municipalities (the Cities of London and Hamilton, Ontario) were used to select factors influencing the vulnerability of water, sewer and road assets. For the MAUT model and based on the identified factors from operation and maintenance reports, surveys were sent to 65 experts and their feedback was elicited to construct utility functions to rate the degree of vulnerability of interdependent assets. The response rate of the survey was 75%. On the other hand, the ANN model utilizes self-organized mapping algorithm (SOM) to rate vulnerability of these assets based on recognized patterns in each dataset. The ANN model is a data driven model requiring sufficient amount of observed patterns and extensive effort in modeling with less involvement from experts. On the other hand, the FCM model is capable of accounting for ambiguity and imprecision associated with experts’ input in rating vulnerability of interdependent assets. Subsequently, the system dynamics (SD) model is developed to help identify possible least cost intervention policies for interdependent infrastructure assets that meet customers' expectations and decrease assets’ vulnerability. The developed SD model consists of 23 variables and 8 causal feedback loops. These causal loops are developed based on the reviewed literature and four unstructured interviews with three experts in the domain of municipal asset management; one from the City of London and two from the City of Hamilton. The SD is augmented with two optimization algorithms to find optimal intervention policies at bundle and network levels; 1) dynamic programing algorithm, 2) single objective genetic algorithm. Two case studies were analyzed and presented to demonstrate the application of the proposed framework and its expected contributions using data obtained from the Cities of London and Hamilton, Ontario. The interdependency model constructed 10,500 bundles for the City of London and 12,350 bundles for the City of Hamilton. For the vulnerability model, the developed FCM model showed better performance than ANN in mimicking experts’ judgement. The mean square error (MSE) for the FCM model was 42% less than that of the ANN model. Also, there was a linear correlation between the number of breaks for water assets and their vulnerability ratings (R2=0.79). When the SD model was supplemented by the modified genetic algorithm, the computational time for finding near optimal solutions at network level was decreased by 50% for the City of London and by 47.2 % for the City of Hamilton when compared to traditional genetic algorithm. The results of the developed vulnerability and SD models were shared with the experts. The developed vulnerability models will be useful for staff to justify increases to intervention budget to each City Council. In spite of the relatively complicated nature of ANN and FCM models, the experts were relatively comfortable using these models. However, the experts commented that this might not be the case with other municipalities that are still starting their asset management programs. For the SD model, the experts agreed that the model is beneficial for identifying possible least cost intervention policies at bundle and network level. They however pointed out that the SD model can be enhanced by accounting for factors related to social and economic characteristics of their customers. The modified genetic algorithm can be enhanced more by the deployment of parallel computing techniques to decrease its computational time.

Download or read book Sustainable and Resilient Critical Infrastructure Systems written by Kasthurirangan Gopalakrishnan and published by Springer Science & Business Media. This book was released on 2010-04-13 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable and resilient critical infrastructure systems is an emerging paradigm in an evolving era of depleting assets in the midst of natural and man-made threats to provide a sustainable and high quality of life with optimized resources from social, economic, societal and environmental considerations. The increasing complexity and interconnectedness of civil and other interdependent infrastructure systems (electric power, energy, cyber-infrastructures, etc.) require inter- and multidisciplinary expertise required to engineer, monitor, and sustain these distributed large-scale complex adaptive infrastructure systems. This edited book is motivated by recent advances in simulation, modeling, sensing, communications/information, and intelligent and sustainable technologies that have resulted in the development of sophisticated methodologies and instruments to design, characterize, optimize, and evaluate critical infrastructure systems, their resilience, and their condition and the factors that cause their deterioration. Specific topics discussed in this book include, but are not limited to: optimal infrastructure investment allocation for sustainability, framework for manifestation of tacit critical infrastructure knowledge, interdependencies between energy and transportation systems for national long term planning, intelligent transportation infrastructure technologies, emergent research issues in infrastructure interdependence research, framework for assessing the resilience of infrastructure and economic systems, maintenance optimization for heterogeneous infrastructure systems, optimal emergency infrastructure inspection scheduling, and sustainable rehabilitation of deteriorated transportation infrastructure systems.

Download or read book Core Competencies for Federal Facilities Asset Management Through 2020 written by National Research Council and published by National Academies Press. This book was released on 2008-02-17 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. government is faced with growing challenges to managing its facilities and infrastructure. A number of factors such as shrinking budgets, an aging workforce, and increasing costs demand new approaches to federal facilities management. The Federal Facilities Council of the NRC has sponsored a number of studies looking at ways to meet these challenges. This fourth study focuses on the people and skills that will needed to manage federal facilities in the next decade and beyond. The book presents a discussion of the current context of facilities management; an analysis of the forces affecting federal facilities asset management; an assessment of core competencies for federal facilities management; a comprehensive strategy for workforce development; and recommendations for implementing that strategy.

Download or read book Managing Infrastructure Assets for Sustainable Development written by United Nations and published by . This book was released on 2021-07-29 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides guidance for national and local policymakers on the management of their assets in support of the 2030 Agenda for Sustainable Development.

Download or read book Asset Management Decision Making For Infrastructure Systems written by Alireza Mohammadi and published by Springer Nature. This book was released on 2022-04-25 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Engineering Assets and Public Infrastructures in the Age of Digitalization written by Jayantha P. Liyanage and published by Springer Nature. This book was released on 2020-08-17 with total page 952 pages. Available in PDF, EPUB and Kindle. Book excerpt: This proceedings of the 13th World Congress on Engineering Asset Management covers a range of topics that are timely, relevant and practically important in the modern digital era towards safer, cost effective, efficient, and secure engineered assets such as production and manufacturing plants, process facilities, civil structures, equipment, machinery, and infrastructure. It has compiled some pioneering work by domain experts of the global Engineering Asset Management community representing both public and private sectors. The professional coverage of the book includes: Asset management in Industry 4.0; Standards and models; Sustainable assets and processes; Life cycle perspectives; Smart and safer assets; Applied data science; Workplace safety; Asset health; Advances in equipment condition monitoring; Critical asset processes; and Innovation strategy and entrepreneurship 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.

Download or read book Infrastructure Planning and Finance written by Vicki Elmer and published by Routledge. This book was released on 2013-11-07 with total page 1178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure Planning and Finance is a non-technical guide to the engineering, planning, and financing of major infrastucture projects in the United States, providing both step-by-step guidance, and a broad overview of the technical, political, and economic challenges of creating lasting infrastructure in the 21st Century. Infrastructure Planning and Finance is designed for the local practitioner or student who wants to learn the basics of how to develop an infrastructure plan, a program, or an individual infrastructure project. A team of authors with experience in public works, planning, and city government explain the history and economic environment of infrastructure and capital planning, addressing common tools like the comprehensive plan, sustainability plans, and local regulations. The book guides readers through the preparation and development of comprehensive plans and infrastructure projects, and through major funding mechanisms, from bonds, user fees, and impact fees to privatization and competition. The rest of the book describes the individual infrastructure systems: their elements, current issues and a 'how-to-do-it' section that covers the system and the comprehensive plan, development regulations and how it can be financed. Innovations such as decentralization, green and blue-green technologies are described as well as local policy actions to achieve a more sustainable city are also addressed. Chapters include water, wastewater, solid waste, streets, transportation, airports, ports, community facilities, parks, schools, energy and telecommunications. Attention is given to how local policies can ensure a sustainable and climate friendly infrastructure system, and how planning for them can be integrated across disciplines.

Download or read book Managing Infrastructure Assets for Sustainable Development written by Naveed Hanif and published by . This book was released on 2021 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: The handbook provides guidance for national and local policymakers on the management of their assets in support of the 2030 Agenda for Sustainable Development. In clear and accessible language, it introduces the reader to the basic principles of managing physical assets like equipment and machinery, public land, buildings and infrastructure facilities in the most cost effective and sustainable manner. It introduces a number of practical and field-tested tools to help local and central governments assess their asset management needs and develop comprehensive and proactive asset management frameworks, policies and strategies. The publication places special emphasis on far-sighted and effective actions that integrate financial, lifecycle and demand aspects of asset management. Topical deep dives cover the implications of Covid-19 and climate change on asset management; measures that help build statistical and data capacity as well as guidance on creating an enabling environment for local asset management at the national level. Short case studies, practical exercises and references to reading materials throughout the book aim to further contextualize the content and engage the reader.

Download or read book Infrastructure as an Asset Class written by Barbara Weber and published by John Wiley & Sons. This book was released on 2016-07-05 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clear, comprehensive guidance toward the global infrastructure investment market Infrastructure As An Asset Class is the leading infrastructure investment guide, with comprehensive coverage and in-depth expert insight. This new second edition has been fully updated to reflect the current state of the global infrastructure market, its sector and capital requirements, and provides a valuable overview of the knowledge base required to enter the market securely. Step-by-step guidance walks you through individual infrastructure assets, emphasizing project financing structures, risk analysis, instruments to help you understand the mechanics of this complex, but potentially rewarding, market. New chapters explore energy, renewable energy, transmission and sustainability, providing a close analysis of these increasingly lucrative areas. The risk profile of an asset varies depending on stage, sector and country, but the individual structure is most important in determining the risk/return profile. This book provides clear, detailed explanations and invaluable insight from a leading practitioner to give you a solid understanding of the global infrastructure market. Get up to date on the current global infrastructure market Investigate individual infrastructure assets step-by-step Examine illustrative real-world case studies Understand the factors that determine risk/return profiles Infrastructure continues to be an area of global investment growth, both in the developed world and in emerging markets. Conditions continually change, markets shift and new considerations arise; only the most current reference can supply the right information practitioners need to be successful. Infrastructure As An Asset Class provides clear reference based on the current global infrastructure markets, with in-depth analysis and expert guidance toward effective infrastructure investment.

Download or read book An Integrated Decision Support Framework for Life cycle Building Asset Management written by Maha Reda Alkasisbeh and published by . This book was released on 2018 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building assets are essential to the economic, cultural, and historical growth of any nation. Examples of buildings include shelters, entertainment facilities, living spaces, teaching facilities, civil offices, parking structures, police buildings, libraries, and service areas used to accommodate human activity. Deterioration of building assets, inadequate renewal budgets, climbing deficits, and increasing demand levels are difficulties that face owners when managing building assets. The role of asset management has recently become significant in municipal governments for strategic, operational, and financial reasons. The main functions of an asset management system include assessment of the current condition, prediction of future deterioration, asset prioritization, selection of maintenance and repair strategies, and fund allocation. Many research efforts have been mostly focused on managing a few infrastructure asset types such as bridges, pavements, and underground utilities while neglecting building assets. However, properly managing building assets cannot be ignored as they suffer over time serious problems including deterioration, premature failures, and possibly the need for replacement. Additionally, the scarcity of and increasing demand for building materials, shortages of land and energy, and limited resources add to the need for effective building asset management. There are numerous types of assets that must be analyzed and categorized, presenting difficulties in the development of a universal management system for the different types of buildings. Each building type is complex with unique characteristics and numerous components that have different maintenance needs and requirements. Additionally, existing standard building classification systems lack specific requirements for effective building asset management such as asset location and asset attributes including condition and deterioration rates. These standard systems have priorities that are mostly focused on estimating costs during the design and construction phases, and do not necessarily align well with the needs of asset management. Consequently, an effective data-driven decision-making process is critical for proactively maintaining and ensuring the long-term sustainability of building assets. Defining asset management requirements in the early project stages and facilitating the integration of asset data collected during design and construction with building asset information are critical issues that must be addressed. Early efforts in data integration have focused on the design and construction phases without considering asset management requirements and processes. Therefore, the goal of the research effort in this dissertation is to develop a comprehensive framework for building asset management that will facilitate the integration of all life cycle phases. An automated decision support system for building asset management using building information modeling (BIM) and relational database management systems (DBMS) was developed. The system consists of a new building asset inventory model that is based on the work breakdown structure (WBS) principles, a multi-phase condition rating method, and a building asset DBMS that is integrated with the BIM model. The main contributions of this research include 1) developing a framework for asset management that integrates all life cycle phases of buildings; 2) eliminating duplicate data collection efforts and data redundancy, 3) improving the quality, integrity and timeliness of asset information; and 4) enhancing building asset performance through proactive maintenance or replacement decision making processes. The results and findings of this study could be the starting point for extensive work related to 1) as-built data that is needed for building asset management; 2) integrating the BIM-DBMS asset management with geographic information systems (GIS) to improve certain asset tracking such as underground utilities; and 3) examining the applicability of the proposed framework on other types of municipal assets such as roads, and bridges.

Download or read book Asset Management for Infrastructure Systems written by Gerd Balzer and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The 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. Based on the major tasks of an asset manager, it describes essential principles and boundary conditions for ensuring the optimal use of resources in a network, such as investment and maintenance strategies, equipment service life, investment and operational costs, etc. Moreover, it points out their impact on the organization of the company, including the necessary IT landscape and computer programs. The book is the English translation of Asset Management für Infrastrukturanlagen - Energie und Wasser1, written by the same authors and published by Springer in 2014.

Download or read book Engineering Asset Management written by Joseph Mathew and published by Springer Science & Business Media. This book was released on 2008-02-06 with total page 1261 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is with great pleasure that we welcome you to the inaugural World Congress on Engineering Asset Management (WCEAM) being held at the Conrad Jupiters Hotel on the Gold Coast from July 11 to 14, 2006. More than 170 authors from 28 countries have contributed over 160 papers to be presented over the first three days of the conference. Day four will be host to a series of workshops devoted to the practice of various aspects of Engineering Asset Management. WCEAM is a new annual global forum on the various multidisciplinary aspects of Engineering Asset Management. It deals with the presentation and publication of outputs of research and development activities as well as the application of knowledge in the practical aspects of: strategic asset management risk management in asset management design and life-cycle integrity of physical assets asset performance and level of service models financial analysis methods for physical assets reliability modelling and prognostics information systems and knowledge management asset data management, warehousing and mining condition monitoring and intelligent maintenance intelligent sensors and devices regulations and standards in asset management human dimensions in integrated asset management education and training in asset management and performance management in asset management. We have attracted academics, practitioners and scientists from around the world to share their knowledge in this important emerging transdiscipline that impacts on almost every aspect of daily life.