Definitions, Concepts and Scope of Engineering Asset Management / Edition 1

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Engineering Asset Management Review focuses on life cycle management of the physical assets required by a private or public firm for the purpose of making products and/or for providing services in a manner that satisfies various business performance rationales. In exploring the wide ranging issues involved in the management of engineered assets that constitute our built environment, this book takes a broad view of the inter- and multi-disciplinary approach which combines science, engineering, and technology principles with human behavior and business practice.

The purpose of Engineering Asset Management Review is to publish research and opinions which explore strategic and tactical issues, as well as technical data and information. It also examines the issues involved in the creation (formulation and design), acquisition (procurement, installation, and commissioning), maintenance, operation, decommissioning, disposal, and/or rehabilitation of physical assets. The range of articles covers all industry sectors and physical asset types (infrastructure, plant, equipment and facilities).

The aim of this volume is to provide a forum for

1. the assembly of a body of knowledge in the emerging field of engineering asset management;

2. knowledge transfer between researchers, scholars and practitioners;

3. cross-disciplinary interaction between engineers, technologists, economists, environmental practitioners, behavioral scientists, and business managers; and

4. the presentation of a wide spectrum of viewpoints and approaches from designers, developers, project managers, owners, operators, users, and vendors.

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Product Details

  • ISBN-13: 9781849961776
  • Publisher: Springer London
  • Publication date: 12/26/2010
  • Series: Engineering Asset Management Review Series, #1
  • Edition description: 2010
  • Edition number: 1
  • Pages: 394
  • Product dimensions: 6.30 (w) x 9.30 (h) x 1.10 (d)

Meet the Author

Joe E. Amadi-Echendu works in the Graduate School of Technology Management at the University of Pretoria, Pretoria, South Africa.

Kerry Brown works for Southern Cross University, Tweed Heads, Australia.

Roger Willet works for the University of Otago, Dunedin, New Zealand.

Joseph Mathew works for Queensland University of Technology, Brisbane, Australia.

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Table of Contents

Definitions.- What Is Engineering Asset Management?.- Concepts.- Identifying Core Functions of Asset Management.- A Framework for Strategic Infrastructure Asset Management.- Scope (Investment and Cost Control).- Regulating Asset Management Through Serviceability and a Common Framework for Investment Planning.- Optimizing Budget Allocations in Naval Configuration Management.- Modelling Total Cost of Ownership of Rail Infrastructure for Outsourcing Maintenance Services.- A Statistical Activity Cost Analysis of Engineering Assets.- Capacity Investment Planning Based on Real Options.- Scope (Asset Data and Condition Monitoring).- Business Rule Discovery Through Data Mining Methods.- Potential Uses of RFID Technology in Asset Management.- Wireless Condition Monitoring and Embedded Novelty Detection.- Integration Through Standards – An Overview of Internal Information Standards for Engineering Asset.- Scope (Sustainability and Safety).- Sustainability-Based Asset Management in the Water Sector.- Asset Management of Portuguese Educational Facilities.- On the Development of an Integrated Framework Based on ‘PERS’ and ‘EFQM’ for Environmental Sustainability Management in Seaports: A Case from Egypt.- Dynamic Project Portfolio Selection in Infrastructure Sector.- The Safety Indicator: Measuring Safety in Gas Distribution Networks.- Scope (Human Dimensions).- Behavioural Preferences for Engineering Asset Management.- The Development of Strategic Asset Management Leaders Through Postgraduate Education.- Experience with Education in Maintenance and Reliability Engineering by Off Campus Learning.

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