A framework for strategic infrastructure asset management

Edited book (chapter)

Too, Eric G.. 2010. "A framework for strategic infrastructure asset management." Amadi-Echendu, Joe E., Brown, Kerry, Willett, Roger and Mathew, Joseph (ed.) Definitions, concepts and scope of engineering asset management. London, United Kingdom. Springer. pp. 31-62
Chapter Title

A framework for strategic infrastructure asset management

Book Chapter CategoryEdited book (chapter)
ERA Publisher ID3337
Book TitleDefinitions, concepts and scope of engineering asset management
Authors
AuthorToo, Eric G.
EditorsAmadi-Echendu, Joe E., Brown, Kerry, Willett, Roger and Mathew, Joseph
Page Range31-62
SeriesEngineering Asset Management Review
Number of Pages32
Year2010
PublisherSpringer
Place of PublicationLondon, United Kingdom
ISBN9781849961776
ISSN2190-7846
Digital Object Identifier (DOI)https://doi.org/10.1007/978-1-84996-178-3_3
Web Address (URL)http://link.springer.com/content/pdf/10.1007%2F978-1-84996-178-3_3.pdf
Abstract

Organisations owning and managing infrastructure assets are constantly striving to obtain the greatest life time value. This led to the development of the concept of asset management to provide a systematic approach to manage nfrastructure assets. However, asset management as a discipline is still relatively new and as such lack well grounded theories. There is an urgent need to document the processes involved in the management of infrastructure assets. Through case studies, this paper aims to first, review the goals of infrastructure asset management and investigate the extent to which they reflect a business resource approach to infrastructure asset management. Second, the paper will identify the core processes of infrastructure asset management. These observed processes are then synthesised into a strategic infrastructure asset management framework to serve as a benchmark for practising manager looking to create value within their organisations.

Keywordscore processes; infrastructure; asset management
ANZSRC Field of Research 2020400508. Infrastructure engineering and asset management
350709. Organisation and management theory
330202. Building construction management and project planning
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Byline AffiliationsQueensland University of Technology
Institution of OriginUniversity of Southern Queensland
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