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Author: Steven Male Publisher: Wiley-Blackwell ISBN: 9781119501695 Category : Technology & Engineering Languages : en Pages : 512
Book Description
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
Author: Steven Male Publisher: Wiley-Blackwell ISBN: 9781119501695 Category : Technology & Engineering Languages : en Pages : 512
Book Description
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
Author: National Research Council Publisher: National Academies Press ISBN: 030913420X Category : Technology & Engineering Languages : en Pages : 134
Book Description
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.
Author: Chen Zhong Publisher: ISBN: 9781361042779 Category : Languages : en Pages :
Book Description
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
Author: Amir Rowshan Hessami Publisher: ISBN: Category : Languages : en Pages :
Book Description
Asset managers who maintain the infrastructure can improve the efficiency of their practices by making use of decision-support frameworks. These models use performance data to help maximize the outcomes of maintenance strategies and financial allocations. In this research a new decision-support framework for asset managers was developed and tested. This framework improves upon existing models in two respects: (a) it provides an effective and practical method of accounting for uncertainty/risk, and (b) it includes a method for predicting asset performance over time in situations where there is limited historical data. Outcome-based scenario analysis was chosen as the most effective approach to model risk in asset management. The proposed framework presents managers with "best-case," "most-likely case," and "worst-case" scenarios, which are defined by applying quantile regression analysis to the asset-performance data. For situations in which there is a lack of adequate historical performance data, an elicitation model was developed based on the Delphi technique. This approach provides a rigorous method for estimating asset performance using information solicited from a panel of experts. The elicited data was aggregated by a Bayesian hierarchical model and the Markov Chain Monte Carlo algorithm. A case study was conducted to demonstrate the applicability of the decision-support model. While the proposed framework is generic and could be used for any type of asset, this study involved pavement condition on the city streets of Bryan, Texas. The results indicated that using a traditional deterministic model (rather than a scenario-based approach) could lead to significant over- or under-estimation of the budgets required to achieve certain asset-performance results. This demonstrates the urgent need for asset managers to use a practical model that can provide them with information about uncertainty and risk in asset-performance assessments. The case study also demonstrated the effectiveness of the data-elicitation technique, as the results of this approach were shown to be commensurate with historical information about pavement performance collected by the city of Bryan. The success of this approach in approximating historical performance trends provides evidence for its usefulness in situations where such historical data is unavailable. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/155664
Author: United Nations Publisher: ISBN: 9789211014334 Category : Languages : en Pages : 10
Book Description
This publication provides guidance for national and local policymakers on the management of their assets in support of the 2030 Agenda for Sustainable Development.
Author: Naveed Hanif Publisher: ISBN: 9789210051880 Category : Electronic books Languages : en Pages : 365
Book Description
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.
Author: Adolfo Crespo Márquez Publisher: Springer Nature ISBN: 3031254481 Category : Technology & Engineering Languages : en Pages : 736
Book Description
This book gathers selected peer-reviewed papers from the 16th World Congress on Engineering Asset Management (WCEAM), held in Seville from 5–7 October 2022. This book covers a wide range of topics in Engineering Asset Management, including: Asset management and decision support system Industry 4.0 tools and its impact on asset management Monitoring, diagnostics and prognostics for smart maintenance Asset life cycle management Asset management in the industrial sector Human dimensions and asset management performance Infrastructure Asset management Asset condition, risk, resilience, and vulnerability assessments Asset operations and maintenance strategies Reliability and resilience engineering Applications of international and local guidelines and standards The breadth and depth of this state-of-the-art, comprehensive proceedings make it an excellent resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students.
Author: National Research Council Publisher: National Academies Press ISBN: 0309165954 Category : Technology & Engineering Languages : en Pages : 160
Book Description
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.
Author: Waheed Uddin Publisher: McGraw Hill Professional ISBN: 0071820124 Category : Technology & Engineering Languages : en Pages : 545
Book Description
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
Author: Steven Male
Author: Steven Male
Author: National Research Council
Author: Chen Zhong
Author: Amir Rowshan Hessami
Author: United Nations
Author: Naveed Hanif
Author: Adolfo Crespo Márquez
Author: National Research Council
Author: National Highway Institute (U.S.)
Author: Waheed Uddin