Whole-Life Value-Based Decision-Making in Asset Management

Bys: Srinivasan, Rengarajan and Parlikad, Ajith Kumar

Whole-Life Value-Based Decision-Making in Asset Management is a comprehensive guide to improving the effectiveness of infrastructure asset management by determining the level of expenditure on infrastructure assets in order to maximise life-cycle value.

Using clear and concise examples, this book provides detailed guidance for making whole-life asset management decisions based on value rather than cost.

This best practice guide aims to aid asset management decision-makers to understand better the value generated by assets and the risks associated with this in order to make better informed decisions, and to also have a deeper understanding of the impact of their decision.

Whole-Life Value-Based Decision-Making in Asset Management:

delivers a systematic method to map the value generation process supports stakeholders in making asset management decisions provides guidance to make a decision framework based on value illustrates its applicability through industrial case studies such as seepage in London Underground tunnels.

Part of a series of best practice guides written by experts at the Cambridge Centre for Smart Infrastructure and Construction (CSIC), this value-based tool addresses the challenges of managing current ageing infrastructure by determining the type, level and timing of investment required so that assets can meet current and future demand.

• Format: Hardcover
• Language: English
• ISBN: 0727760610
• ISBN13: 9780727760616
• Release Date: June 2016
• Publisher: ICE Publishing
• Length: 96 Pages
• Weight: 0.65 lbs.
• Dimensions: 0.4" x 6.0" x 9.3"