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Asset Condition Information Systems And Decision Models
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Book Synopsis Asset Condition, Information Systems and Decision Models by : Joe E. Amadi-Echendu
Download or read book Asset Condition, Information Systems and Decision Models written by Joe E. Amadi-Echendu and published by Springer Science & Business Media. This book was released on 2012-11-05 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asset Condition, Information Systems and Decision Models, is the second volume of the Engineering Asset Management Review Series. The manuscripts provide examples of implementations of asset information systems as well as some practical applications of condition data for diagnostics and prognostics. The increasing trend is towards prognostics rather than diagnostics, hence the need for assessment and decision models that promote the conversion of condition data into prognostic information to improve life-cycle planning for engineered assets. The research papers included here serve to support the on-going development of Condition Monitoring standards. 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. Asset Condition, Information Systems and Decision Models will be of particular interest to finance, maintenance, and operations personnel whose roles directly affect the capability value of engineering asset base, as well as asset managers in both industry and government.
Book Synopsis Asset Management Decision-Making For Infrastructure Systems by : Alireza Mohammadi
Download or read book Asset Management Decision-Making For Infrastructure Systems written by Alireza Mohammadi and published by Springer Nature. This book was released on 2022-04-25 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook provides practical and concrete guidance for the step-by-step implementation of decision-making for infrastructure asset management. Examples are used to illustrate how data from condition assessment are used to develop performance models, to estimate the effectiveness of investments that are prioritized and scheduled to accomplish reliable and convenient infrastructure for the wellbeing of the public and regional economic competitiveness. Book illustrates numerous worked problems to clarify ambiguity in developing a decision-making platform to prioritize assets and distribute budgets effectively and efficiently. Ensures reader understanding of the benefits and challenges of infrastructure asset management; Provides a step-by-step guide for the development of each component of an asset management decision-making system; Includes worked examples to clarify decision-making and budget allocation process.
Book Synopsis Risk-Based Maintenance for Electricity Network Organizations by : Ravish Preshant Yashraj Mehairjan
Download or read book Risk-Based Maintenance for Electricity Network Organizations written by Ravish Preshant Yashraj Mehairjan and published by Springer. This book was released on 2016-12-24 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the introduction of new and modern maintenance management frameworks of assets in the electricity & gas network sector and more specifically, on electricity networks for distribution. The author describes methodologies for developing and implementing maintenance management maturity models, using case studies to show how these have been applied. These maturity models are discussed as part of an overarching, multi-disciplinary organizational maintenance management professionalization framework. This book adds a new dimension to the well-known Reliability Centered Maintenance (RCM) method, by incorporating failure modes via multiple scenarios into business values, by means of statistical risk calculation methods. The author demonstrates a method called Utility Risk Linked RCM, which uses a statistical tool to develop failure models which can be used to predict future failure behavior of assets in relation to corporate business values. This new method is a practical, structured and comprehensive framework for assessing risk based maintenance policies. The book also proposes a condition monitoring framework that can be used as a guide to assist asset managers in identifying the relationship between failure modes, ageing processes to select amongst condition monitoring regimes.
Book Synopsis 15th WCEAM Proceedings by : João Onofre Pereira Pinto
Download or read book 15th WCEAM Proceedings written by João Onofre Pereira Pinto and published by Springer Nature. This book was released on 2022-03-24 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers selected peer-reviewed papers from the 15th World Congress on Engineering Asset Management (WCEAM), which was hosted by The Federal University of Mato Grosso do Sul Campo Grande, Brazil, from 15–-18 August 2021 This book covers a wide range of topics in engineering asset management, including: strategy and standards; sustainability and resiliency; servitisation and Industry 4.0 business models; asset information systems; and asset management decision-making. The breadth and depth of these state-of-the-art, comprehensive proceedings make them an excellent resource for asset management practitioners, researchers, and academics, as well as undergraduate and postgraduate students.
Book Synopsis Engineering Asset Management by : Dimitris Kiritsis
Download or read book Engineering Asset Management written by Dimitris Kiritsis and published by Springer Science & Business Media. This book was released on 2011-02-03 with total page 997 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineering Asset Management discusses state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Fourth World Congress on Engineering Asset Management (WCEAM). It is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering such topics as asset condition monitoring and intelligent maintenance; asset data warehousing, data mining and fusion; asset performance and level-of-service models; design and life-cycle integrity of physical assets; deterioration and preservation models for assets; education and training in asset management; engineering standards in asset management; fault diagnosis and prognostics; financial analysis methods for physical assets; human dimensions in integrated asset management; information quality management; information systems and knowledge management; intelligent sensors and devices; maintenance strategies in asset management; optimisation decisions in asset management; risk management in asset management; strategic asset management; and sustainability in asset management.
Book Synopsis Engineering Asset Management 2011 by : Jay Lee
Download or read book Engineering Asset Management 2011 written by Jay Lee and published by Springer Science & Business Media. This book was released on 2013-07-30 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Sixth World Congress on Engineering Asset Management (WCEAM) held in Cincinnati, OH, USA from October 3-5, 2011 The Proceedings of the WCEAM 2011 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance; Asset data warehousing, data mining and fusion; Asset performance and level-of-service models; Design and lifecycle integrity of physical assets; Deterioration and preservation models for assets; Education and training in asset management; Engineering standards in asset management; Fault diagnosis and prognostics; Financial analysis methods for physical assets; Human dimensions in integrated asset management; Information quality management; Information systems and knowledge management; Intelligent maintenance; Intelligent sensors and devices; Maintenance strategies in asset management; Optimization decisions in asset management; Prognostics & Health Management; Risk management in asset management; Strategic asset management; and Sustainability in asset management.
Book Synopsis Engineering Asset Management - Systems, Professional Practices and Certification by : Peter W. Tse
Download or read book Engineering Asset Management - Systems, Professional Practices and Certification written by Peter W. Tse and published by Springer. This book was released on 2014-12-09 with total page 1758 pages. Available in PDF, EPUB and Kindle. Book excerpt: This proceeding represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Eight World Congress on Engineering Asset Management (WCEAM). The Proceedings of the WCEAM 2013 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance, 2. Asset data warehousing, data mining and fusion, 3. Asset performance and level-of-service models, 4. Design and life-cycle integrity of physical assets, 5. Deterioration and preservation models for assets, 6. Education and training in asset management, 7. Engineering standards in asset management, 8. Fault diagnosis and prognostics, 9. Financial analysis methods for physical assets, 10. Human dimensions in integrated asset management, 11. Information quality management, 12. Information systems and knowledge management, 13. Intelligent sensors and devices, 14. Maintenance strategies in asset management, 15. Optimisation decisions in asset management, 16. Risk management in asset management, 17. Strategic asset management, 18. Sustainability in asset management. King WONG served as Congress Chair for WCEAM 2013 and ICUMAS 2013 is the President of the Hong Kong Institute of Utility Specialists (HKIUS) and Convener of International Institute of Utility Specialists (IIUS). Peter TSE is the Director of the Smart Engineering Asset Management laboratory (SEAM) at the City University of Hong Kong and served as the Chair of WCEAM 2013 Organising Committee. Joseph MATHEW served as the Co-Chair of WCEAM 2013 is also WCEAM’s General Chair. He is the Chief Executive Officer of Asset Institute, Australia.
Book Synopsis Proceedings of the 10th World Congress on Engineering Asset Management (WCEAM 2015) by : Kari T. Koskinen
Download or read book Proceedings of the 10th World Congress on Engineering Asset Management (WCEAM 2015) written by Kari T. Koskinen and published by Springer. This book was released on 2016-03-25 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book comprises refereed papers from the 10th World Congress on Engineering Asset Management (WCEAM 2015), held in Tampere, Finland in September 2015. These proceedings include a compilation of state-of-the-art papers covering a comprehensive range of subjects equally relevant to business managers and engineering professionals alike. With a focus on various aspects of engineering asset management ranging from strategic level issues to detail-level machine health issues, these papers address both industry and public sector concerns and issues, as well as advanced academic research. Proceedings of the WCEAM 2015 is an excellent reference and resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students at tertiary institutions or in the industry.
Book Synopsis Servitization and Physical Asset Management by : Michael John Provost
Download or read book Servitization and Physical Asset Management written by Michael John Provost and published by SAE International. This book was released on 2018-12-31 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Servitization and Physical Asset Management, third edition, was developed to provide a structured source of guidance and reference information on the business opportunities linked to servitization and the management of physical assets. A growing trend in the global economy, servitization focuses on the actual deliverables of an asset from the perspective of the customer: electricity instead of the power plant, thrust instead of the engine, mobility instead of a plane or a car. The book offers high-level overviews of how to servitized and manage assets from a variety of perspectives, reviewing nearly 1,500 books, magazine articles, papers and presentations and websites. Written by Michael J. Provost, Ph.D., and a subject matter expert in modeling, simulation, analysis and condition monitoring, Servitization and Physical Asset Management, third edition, is an invaluable reference to those considering providing asset management services for the products they design and manufacture. It is also meant to support middle management wishing to know what needs to be done to look after the assets they are responsible for and who to approach for help, and academics doing research in this field. Michael Provost, is a British engineer with a doctoral degree in thermal power from Cranfield University.
Book Synopsis Engineering Asset Management by : Joseph Mathew
Download or read book Engineering Asset Management written by Joseph Mathew and published by Springer Science & Business Media. This book was released on 2008-02-06 with total page 1261 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is with great pleasure that we welcome you to the inaugural World Congress on Engineering Asset Management (WCEAM) being held at the Conrad Jupiters Hotel on the Gold Coast from July 11 to 14, 2006. More than 170 authors from 28 countries have contributed over 160 papers to be presented over the first three days of the conference. Day four will be host to a series of workshops devoted to the practice of various aspects of Engineering Asset Management. WCEAM is a new annual global forum on the various multidisciplinary aspects of Engineering Asset Management. It deals with the presentation and publication of outputs of research and development activities as well as the application of knowledge in the practical aspects of: strategic asset management risk management in asset management design and life-cycle integrity of physical assets asset performance and level of service models financial analysis methods for physical assets reliability modelling and prognostics information systems and knowledge management asset data management, warehousing and mining condition monitoring and intelligent maintenance intelligent sensors and devices regulations and standards in asset management human dimensions in integrated asset management education and training in asset management and performance management in asset management. We have attracted academics, practitioners and scientists from around the world to share their knowledge in this important emerging transdiscipline that impacts on almost every aspect of daily life.
Book Synopsis Current Trends in Reliability, Availability, Maintainability and Safety by : Uday Kumar
Download or read book Current Trends in Reliability, Availability, Maintainability and Safety written by Uday Kumar and published by Springer. This book was released on 2015-12-14 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt: Containing selected papers from the ICRESH-ARMS 2015 conference in Lulea, Sweden, collected by editors with years of experiences in Reliability and maintenance modeling, risk assessment, and asset management, this work maximizes reader insights into the current trends in Reliability, Availability, Maintainability and Safety (RAMS) and Risk Management. Featuring a comprehensive analysis of the significance of the role of RAMS and Risk Management in the decision making process during the various phases of design, operation, maintenance, asset management and productivity in Industrial domains, these proceedings discuss key issues and challenges in the operation, maintenance and risk management of complex engineering systems and will serve as a valuable resource for those in the field.
Book Synopsis Research Challenges in Information Science by : Samira Cherfi
Download or read book Research Challenges in Information Science written by Samira Cherfi and published by Springer Nature. This book was released on 2021-05-07 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the proceedings of the 15th International Conference on Research Challenges in Information Sciences, RCIS 2021, which was planned to take place in Limassol, Cyprus, but had to change to an online event due to the COVID-19 pandemic. The conference took place virtually during May 11-14, 2021. It focused on the special theme "Information Science and Global Crisis". The scope of RCIS is summarized by the thematic areas of information systems and their engineering; user-oriented approaches; data and information management; business process management; domain-specific information systems engineering; data science; information infrastructures, and reflective research and practice. The 29 full papers and 6 work-in-progress papers presented in this volume were carefully reviewed and selected from 99 submissions. They were organized in topical sections named: Business and Industrial Processes, Information Security and Risk Management, Data and Information Management, Domain-specific Information Systems Engineering, User-Centered Approaches, Data Science and Decision Support, and Information Systems and Their Engineering. The volume also contains 13 poster and demo papers, and 4 doctoral consortium papers. In addition, two-page summaries of tutorials and research project papers can be found in the back matter.
Book Synopsis Model-Driven Engineering of Information Systems by : Liviu Gabriel Cretu
Download or read book Model-Driven Engineering of Information Systems written by Liviu Gabriel Cretu and published by CRC Press. This book was released on 2014-09-26 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title includes a number of Open Access chapters.Model-driven engineering (MDE) is the automatic production of software from simplified models of structure and functionality. It mainly involves the automation of the routine and technologically complex programming tasks, thus allowing developers to focus on the true value-adding functionality th
Book Synopsis Engineering Asset Management and Infrastructure Sustainability by : Joseph Mathew
Download or read book Engineering Asset Management and Infrastructure Sustainability written by Joseph Mathew and published by Springer Science & Business Media. This book was released on 2012-05-11 with total page 1131 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineering Asset Management 2010 represents state-of-the art trends and developments in the emerging field of engineering asset management as presented at the Fifth World Congress on Engineering Asset Management (WCEAM). The proceedings of the WCEAM 2010 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance Asset data warehousing, data mining and fusion Asset performance and level-of-service models Design and life-cycle integrity of physical assets Education and training in asset management Engineering standards in asset management Fault diagnosis and prognostics Financial analysis methods for physical assets Human dimensions in integrated asset management Information quality management Information systems and knowledge management Intelligent sensors and devices Maintenance strategies in asset management Optimisation decisions in asset management Risk management in asset management Strategic asset management Sustainability in asset management
Book Synopsis Value Based and Intelligent Asset Management by : Adolfo Crespo Márquez
Download or read book Value Based and Intelligent Asset Management written by Adolfo Crespo Márquez and published by Springer. This book was released on 2019-06-29 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fundamental motivation of this book is to contribute to the future advancement of Asset Management in the context of industrial plants and infrastructures. The book aims to foster a future perspective that takes advantage of value-based and intelligent asset management in order to make a step forward with respect to the evolution observed nowadays. Indeed, the current understanding of asset management is primarily supported by well-known standards. Nonetheless, asset management is still a young discipline and the knowledge developed by industry and academia is not set in stone yet. Furthermore, current trends in new organizational concepts and technologies lead to an evolutionary path in the field. Therefore, this book aims to discuss this evolutionary path, starting first of all from the consolidated theory, then moving forward to discuss: • The strategic understanding of value-based asset management in a company; • An operational definition of value, as a concept on the background of value-based asset management; • The identification of intelligent asset management, with the aim to frame a set of “tools” recommended to support the asset-related decision-making process over the asset lifecycle; • The emergence of new technologies such as cyber physical systems and digital twins, and the implications of this on asset management.
Book Synopsis Definitions, Concepts and Scope of Engineering Asset Management by : Joe E. Amadi-Echendu
Download or read book Definitions, Concepts and Scope of Engineering Asset Management written by Joe E. Amadi-Echendu and published by Springer Science & Business Media. This book was released on 2010-11-02 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis An Integrated Decision Support Framework for Life-cycle Building Asset Management by : Maha Reda Alkasisbeh
Download or read book An Integrated Decision Support Framework for Life-cycle Building Asset Management written by Maha Reda Alkasisbeh and published by . This book was released on 2018 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building assets are essential to the economic, cultural, and historical growth of any nation. Examples of buildings include shelters, entertainment facilities, living spaces, teaching facilities, civil offices, parking structures, police buildings, libraries, and service areas used to accommodate human activity. Deterioration of building assets, inadequate renewal budgets, climbing deficits, and increasing demand levels are difficulties that face owners when managing building assets. The role of asset management has recently become significant in municipal governments for strategic, operational, and financial reasons. The main functions of an asset management system include assessment of the current condition, prediction of future deterioration, asset prioritization, selection of maintenance and repair strategies, and fund allocation. Many research efforts have been mostly focused on managing a few infrastructure asset types such as bridges, pavements, and underground utilities while neglecting building assets. However, properly managing building assets cannot be ignored as they suffer over time serious problems including deterioration, premature failures, and possibly the need for replacement. Additionally, the scarcity of and increasing demand for building materials, shortages of land and energy, and limited resources add to the need for effective building asset management. There are numerous types of assets that must be analyzed and categorized, presenting difficulties in the development of a universal management system for the different types of buildings. Each building type is complex with unique characteristics and numerous components that have different maintenance needs and requirements. Additionally, existing standard building classification systems lack specific requirements for effective building asset management such as asset location and asset attributes including condition and deterioration rates. These standard systems have priorities that are mostly focused on estimating costs during the design and construction phases, and do not necessarily align well with the needs of asset management. Consequently, an effective data-driven decision-making process is critical for proactively maintaining and ensuring the long-term sustainability of building assets. Defining asset management requirements in the early project stages and facilitating the integration of asset data collected during design and construction with building asset information are critical issues that must be addressed. Early efforts in data integration have focused on the design and construction phases without considering asset management requirements and processes. Therefore, the goal of the research effort in this dissertation is to develop a comprehensive framework for building asset management that will facilitate the integration of all life cycle phases. An automated decision support system for building asset management using building information modeling (BIM) and relational database management systems (DBMS) was developed. The system consists of a new building asset inventory model that is based on the work breakdown structure (WBS) principles, a multi-phase condition rating method, and a building asset DBMS that is integrated with the BIM model. The main contributions of this research include 1) developing a framework for asset management that integrates all life cycle phases of buildings; 2) eliminating duplicate data collection efforts and data redundancy, 3) improving the quality, integrity and timeliness of asset information; and 4) enhancing building asset performance through proactive maintenance or replacement decision making processes. The results and findings of this study could be the starting point for extensive work related to 1) as-built data that is needed for building asset management; 2) integrating the BIM-DBMS asset management with geographic information systems (GIS) to improve certain asset tracking such as underground utilities; and 3) examining the applicability of the proposed framework on other types of municipal assets such as roads, and bridges.
