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Definitions, Concepts and Scope of Engineering Asset Management (eBook)

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2010 | 2010
XXII, 394 Seiten
Springer London (Verlag)
978-1-84996-178-3 (ISBN)

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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.

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.


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.

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.

Foreword 5
Preface 6
Introduction to Engineering Asset Management Review Series 8
Contents 11
Definitions 20
What Is Engineering Asset Management? 21
Concepts 35
Identifying Core Functions of Asset Management 36
A Framework for Strategic Infrastructure Asset Management 48
Scope (Investment and Cost Control) 80
Regulating Asset Management Through Serviceability and a Common Framework for Investment Planning 81
Optimizing Budget Allocations in Naval Configuration Management 110
Modelling Total Cost of Ownership of Rail Infrastructure for Outsourcing Maintenance Services 129
A Statistical Activity Cost Analysis of Engineering Assets 137
Capacity Investment Planning Based on Real Options 150
Scope (Asset Data and Condition Monitoring) 169
Business Rule Discovery Through Data Mining Methods 170
Potential Uses of RFID Technology in Asset Management 184
Wireless Condition Monitoring and Embedded Novelty Detection 206
Integration Through Standards – An Overview of Internal Information Standards for Engineering Asset 250
Scope (Sustainability and Safety) 270
Sustainability-Based Asset Management in the Water Sector 271
Asset Management of Portuguese Educational Facilities 286
On the Development of an Integrated Framework Based on ‘ PERS’ and ‘ EFQM’ for Environmental Sustainability Management in Seaports: A Case from Egypt 305
Dynamic Project Portfolio Selection in Infrastructure Sector 319
The Safety Indicator: Measuring Safety in Gas Distribution Networks 335
Scope (Human Dimensions) 353
Behavioural Preferences for Engineering Asset Management 354
The Development of Strategic Asset Management Leaders Through Postgraduate Education 363
Experience with Education in Maintenance and Reliability Engineering by Off Campus Learning 387
About the Editors 399

Erscheint lt. Verlag 2.11.2010
Reihe/Serie Engineering Asset Management Review
Engineering Asset Management Review
Zusatzinfo XXII, 394 p.
Verlagsort London
Sprache englisch
Themenwelt Recht / Steuern Wirtschaftsrecht
Technik Bauwesen
Technik Maschinenbau
Wirtschaft Betriebswirtschaft / Management Finanzierung
Wirtschaft Betriebswirtschaft / Management Logistik / Produktion
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Schlagworte Asset Management • Built Environment • business • Capacity • Engineering Asset Management • Engineering Economics • Innovation • Investment • Life Cycle • Life Cycle Management • Maintenance • Management • Outsourcing • Physical Asset Management • Quality Control, Reliability, Safety and Risk • Reliability • Safety
ISBN-10 1-84996-178-6 / 1849961786
ISBN-13 978-1-84996-178-3 / 9781849961783
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