As a student on this course, youll acquire a sound understanding of the entire lifecycle of infrastructure assets, the environmental impact of infrastructure projects, infrastructure finance models, building information modelling bim, sustainable decisionmaking and formal assetmanagement techniques. What is sustainability in construction and civil engineering. Sustainable infrastructure refers to the designing, building, and operating of these structural elements in ways that do not diminish the social, economic and ecological processes required to maintain human. Strategizing sustainable infrastructure asset management in. Moreover, 6d bim can promote efficient asset and project management since it can be applied for various purposes simultaneously, such as sustainability, lifecycle asset management and maintenance, condition monitoring and realtime structural simulations. Paper presented at the korea world bank high level conference on postcrisis growth and development, coorganized by the presidential committee for the g20 summit and the world bank with the support of the. It includes areas such as disaster, resilience and sustainability of infrastructure assets.
Engineering asset management eam is the management of engineering assets and it provides guidelines on the effective usage of all the physical engineered assets within the organization. The strategic role of engineering asset management. The certificate programs are made up of multiple guided online courses, enabling you to go broader and deeper into specific technical areas. Asset management is the practice of managing infrastructure capital assets to minimize the total cost of owning and operating these assets while delivering the desired service levels. Jan 01, 2017 while utilities realize the risks of aging infrastructure, the core question is in the evaluation. Infrastructure asset management ice virtual library. Our capabilities are extensive and our success is underpinned by our resolute commitment to excellence, safety, quality, innovation and sustainability. The crc for infrastructure and engineering asset management cieam would like to acknowledge the financial support from the commonwealth governments cooperative. The recently released iso 55000 series of standards for asset management clearly defines the importance of asset management plans.
The transportation asset management tam practices in australia and new zealand in the past decade also have evolved to embrace what the australians call asset valuation. A highperforming asset management program includes detailed asset. Pdf strategizing sustainable infrastructure asset management in. Engineering asset management and infrastructure sustainability proceedings of the 5th world congress on engineering asset management wceam 2010 published. The ceequal scheme has been operating in the uk for around 14 years with over 360 project ratings awar. Asset management for water and wastewater utilities. More asset management strategy reports changing management practices inside an organization new it systems to support data management, new skill sets in staff, implementing lifecycle decision making, etc.
Engineering center planning sustainable infrastructure. One crucial tool for identifying, evaluating and prioritizing is a formal asset management program. Asset management plans form the cornerstone of an effective asset management system. Characteristics of civil engineering infrastructure assets 03. Joseph mathew, lin ma, andy tan, margot weijnen, jay lee isbn. Investment focus infrastructure management and sustainability. Guidelines for infrastructure asset management in local government iii dplg. Asset management, sustainability, critical life cycle cost analyses.
A major concern to this end relates with the capabilities to achieve effective am decisionmaking at every. Innovative engineering and asset management services comdain infrastructure delivers endtoend engineering and asset management solutions to utility and energy providers across australia. Asset management am is promising for value creation from assets in the long term. The transparency enabled through comprehensive sustainability reporting and data management regarding product sustainability also promotes opportunities for renewable and recyclable products to substitute existing materials, she adds. Fundamentals of asset management 19 sustainable, best value service delivery. Integrating asset management to achieve infrastructure. Infrastructure and sustainability some of the most dramatic examples are found in infrastructure investing, the acquisition and management of large, tangible assets providing essential services to society. Despite its rapid development in the last decade, infrastructure asset management today suffers from an identity crisis as the definition and scope of infrastructure asset management remains a contentious issue. How are utilities to evaluate the risks and prioritize strategies for rehabilitation, repair or replacement. Apr 22, 2020 to provide introductory knowledge and coverage of asset management and highlight its business value within an organisation, as well as the role of maintenance and technology within asset management, enabling students to develop a practical knowledge of asset lifecycle management, including strategy, planning, and implementation, including. Fundamentals of asset management 3 drawing from the am knowledge base this workshop is produced by ghd inc. Pdf sustainable management of deteriorating infrastructure using. Public infrastructure asset management, second edition. The international infrastructure management manual iimm defines asset management as.
The following conclusions were drawn in this study. Engineering asset management 2010 represents stateofthe art trends and developments in the emerging field of engineering asset management as presented. 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. Sustainability in infrastructure asset management qut eprints. The combination of management, financial, economic, engineering and other practices applied to physical assets with the objective of providing the required level.
In september 2012, the cambridge service alliance brought together leading asset management practitioners as part of the annual cambridge service week. The problem is that road infrastructure is often not seen as financial asset for. The purpose of this paper is to trace the evolution of infrastructure asset management and evaluate the current practices. First, the justification for implementation of asset management was examined through analysis of. Advancing a transportation asset management approach. The concept of sustainable infrastructure is gaining increased visibility. With the use of sophisticated materials analysis techniques and leadingedge servicelife predictive software, simcos servicelife solutions lead to better business decisions and asset management practices for owners and managers of civil infrastructure.
Pdf despite considerable financial issues in funding the infrastructure projects in developing countries, holistic. Evolution and evaluation eric too crc for integrated engineering asset management, queensland university of technology email. Asset management is a process water and wastewater utilities can use to make sure that planned maintenance can be conducted and capital assets pumps, motors, pipes, etc. Jun 02, 2018 sustainability rating tools for civil infrastructure including highways are increasing in use. Sustainability is defined the desire to perform activities without any depletion of sustainability is defined the desire to perform activities without any depletion of resources or bringing any harmful effect on the environment. Proceedings of the 7th world congress on engineering asset. Cieam is dedicated to improving the efficiency and sustainability of infrastructure and engineering asset management, and the profitability of australian industry. Practicing sustainable construction methods will help avoiding harmful effects from construction activities. Engineering asset management and infrastructure sustainability proceedings of the 5th world congress on engineering asset management wceam 2010 editors. Asset management combines engineering disciplines with solid business. Many utilities use asset management to pursue and achieve sustainable infrastructure. Pavement sustainability federal highway administration. This work was undertaken as part of the sustainability assessment for infrastructure project and is part of the larger crc for infrastructure and engineering asset management.
Pavement sustainability best practices can have varying levels of impact on a pavement system and on surrounding systems, which means that they are not all equal. Erf is convinced that road asset management solutions contribute to achieving sustainable. Sustainability free fulltext suggestion for a framework. Four years after helping launch the envision infrastructure sustainability rating tool, a harvard university graduate school of design program published a guidebook in 2016 for municipalities on how to take an integrated approach to designing and building sustainable infrastructure in concert with urban planning. Engineering asset management 2010 represents stateofthe art trends and developments in the emerging field of engineering asset management as presented at the fifth world congress on engineering asset management wceam. More research and information on climate change impacts updated design criteria. Infrastructure is the set of structural elements that supports the daytoday function, and influences the direction of human society. Engineering asset management and infrastructure sustainability proceedings of the 5th world congress on engineering asset management wceam 2010. Applied to the entire portfolio of infrastructure assets at.
Infrastructure engineering and management msc masters course. It covers many scopes and topics spanning from financial, it, human resources, and also physical engineered assets. Suggestion for a framework for a sustainable infrastructure asset. More asset management strategy reports changing management practices inside an. Full paper a framework for strategic infrastructure asset. Purchasing a certificate will save you 2035% over purchasing each course separately. With the objectives of asset management becoming clearer, asset management gaining recognition as a discipline and iso 55000 well underway, we feel it is the right time to explore the future. For the largest infrastructure investors, a central strategy is to add value to their investments through operational improvements. The risks of aging infrastructure and the value of asset. Engineering asset management and infrastructure sustainability. Proceedings of the 7th world congress on engineering asset management wceam 2012 lecture notes in mechanical engineering. Organisations owning and managing infrastructure assets are. Some best practices can result in large changes in environmental, social, and economic impact factors, while others result in only small changes. Guide to integrated strategic asset management k mcgovern.
This study proposes a framework for an infrastructure asset management manual containing infrastructure asset management processes and operation techniques, which can be adjusted by different ordering authorities to develop their own manuals. Developing asset management plans life cycle engineering. More asset management plans with better information for prioritizing investments inventory valuation of assets define levels of service and performance metrics prioritize investments to optimize costs embed lca principles in planning studies 2. Sustainability in infrastructure asset management springerlink. The current concept of an asset management am system focuses on the lifecycle of engineered assets and little has been done in the literature on its link to organizational strategy. Engineering asset management a foundation for sustainable development. Infrastructure investment needs in the region are estimated to be 38% of gross. Sustainabilitybased lifecycle management for bridge. The proceedings of the wceam 2010 is an excellent reference for practitioners. Definitions and benefits of asset management newea new. Infrastructure asset management publishes articles on the strategic management, organisation, planning, designing, acquisition, care, renewal and disposal of infrastructure assets. It is the subset of asset management and auditing practices that captures the longterm depreciated value of infrastructure assets, such as highways. The company aims to complete 12 such lifecycle assessments in 2020.
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