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Definitions, Concepts and Scope of Engineering Asset Management

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Definitions, Concepts and Scope of Engineering Asset Management, the first volume in this new review series, seeks to minimise ambiguities in the subject matter. The ongoing effort to develop guidelines is shaping the future towards the creation of a body of knowledge for the management of engineered physical assets. Increasingly, industry practitioners are looking for strategies and tactics that can be applied to enhance the value-creating capacities of new and installed asset systems. The new knowledge-based economy paradigm provides imperatives to combine various disciplines, knowledge areas and skills for effective engineering asset management.

This volume comprises selected papers from the 1st, 2nd, and 3rd World Congresses on Engineering Asset Management, which were convened under the auspices of ISEAM in collaboration with a number of organisations, including CIEAM Australia, Asset Management Council Australia, BINDT UK, and Chinese Academy of Sciences, Beijing University of Chemical Technology, China.

Definitions, Concepts and Scope of Engineering Asset Management will be of interest to researchers in engineering, innovation and technology management, as well as to managers, planners and policy-makers in both industry and government.

Author(s): Joe E. Amadi-Echendu, Roger Willett, Kerry Brown, Tony Hope, Jay Lee, Joseph Mathew (auth.), Joe E. Amadi-Echendu, Kerry Brown, Roger Willett, Joseph Mathew (eds.)
Series: Engineering Asset Management Review 1
Edition: 1
Publisher: Springer-Verlag London
Year: 2010

Language: English
Pages: 394
Tags: Engineering Economics, Organization, Logistics, Marketing; Innovation/Technology Management; Finance/Investment/Banking; Quality Control, Reliability, Safety and Risk

Front Matter....Pages i-xxi
Front Matter....Pages 1-1
What Is Engineering Asset Management?....Pages 3-16
Front Matter....Pages 17-17
Identifying Core Functions of Asset Management....Pages 19-30
A Framework for Strategic Infrastructure Asset Management....Pages 31-62
Front Matter....Pages 63-63
Regulating Asset Management Through Serviceability and a Common Framework for Investment Planning....Pages 65-93
Optimizing Budget Allocations in Naval Configuration Management....Pages 95-113
Modelling Total Cost of Ownership of Rail Infrastructure for Outsourcing Maintenance Services....Pages 115-122
A Statistical Activity Cost Analysis of Engineering Assets....Pages 123-135
Capacity Investment Planning Based on Real Options....Pages 137-155
Front Matter....Pages 157-157
Business Rule Discovery Through Data Mining Methods....Pages 159-172
Potential Uses of RFID Technology in Asset Management....Pages 173-194
Wireless Condition Monitoring and Embedded Novelty Detection....Pages 195-238
Integration Through Standards – An Overview of Internal Information Standards for Engineering Asset....Pages 239-258
Front Matter....Pages 259-259
Sustainability-Based Asset Management in the Water Sector....Pages 261-275
Asset Management of Portuguese Educational Facilities....Pages 277-295
On the Development of an Integrated Framework Based on ‘PERS’ and ‘EFQM’ for Environmental Sustainability Management in Seaports: A Case from Egypt....Pages 297-310
Dynamic Project Portfolio Selection in Infrastructure Sector....Pages 311-326
The Safety Indicator: Measuring Safety in Gas Distribution Networks....Pages 327-344
Front Matter....Pages 345-345
Behavioural Preferences for Engineering Asset Management....Pages 347-355
The Development of Strategic Asset Management Leaders Through Postgraduate Education....Pages 357-380
Experience with Education in Maintenance and Reliability Engineering by Off Campus Learning....Pages 381-392
Back Matter....Pages 393-394