Engineering Asset Management and Infrastructure Sustainability 2012
DOI: 10.1007/978-0-85729-493-7_42
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Towards an Asset Management Framework of Asset Characteristics, Asset Environment, Lifecycle Phases, and Management

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Cited by 5 publications
(5 citation statements)
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“…e maintenance component of cost (C maint ) is composed of different parts, namely, inspection costs (C insp ), maintenance actions costs (C action ), and rebuilding actions costs (C reb ). Hence, the maintenance cost can be computed by (1). To allow grouping cost PI into a set of five cost KPI values, the cost PI quantitative scale is normalized using (2).…”
Section: Condition Assessmentmentioning
confidence: 99%
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“…e maintenance component of cost (C maint ) is composed of different parts, namely, inspection costs (C insp ), maintenance actions costs (C action ), and rebuilding actions costs (C reb ). Hence, the maintenance cost can be computed by (1). To allow grouping cost PI into a set of five cost KPI values, the cost PI quantitative scale is normalized using (2).…”
Section: Condition Assessmentmentioning
confidence: 99%
“…Asset Management (AM) is a multidisciplinary task that involves an extensive series of processes, such as those related to life cycle analysis, maintenance, risk analysis, and optimization [1,2]. As a formal approach to proposing guidelines on the field of AM, the International Standard Organization (ISO) released in 2014 the ISO 55000 series, which are composed of three documents: (i) ISO 55000-Asset Management: Overview, Principles and Terminology; (ii) ISO 55001-Asset Management Systems: Requirements; (iii) ISO 55002-Asset Management Systems: Guidelines for the Application of ISO 55001.…”
Section: Introductionmentioning
confidence: 99%
“…Physical asset life cycle extension, adequate tendering, maintenance, reuse, renovation, and recycling are strategic variables in its management. According to Van der Lei et al (2012), methods to improve the asset life cycle have been developed to overcome challenges in various asset management. Improved operation and maintenance result in lower replacement costs and maybe a foundation for better design.…”
Section: Introductionmentioning
confidence: 99%
“…Badurdeen et al [14] poses that a sustainable infrastructure management system strongly depends on effective risk management in exposed contexts and, from a sustainable approach to asset management, it is necessary to consider the impacts in other dimensions such as social and environmental. Moreover, the incorporation of risk aspects for the sustainable management of infrastructure has been recently studied considering its relevance and applicability to different assets [16,17].…”
Section: Introductionmentioning
confidence: 99%