TY - GEN
T1 - Strategizing sustainable infrastructure asset management in developing countries
AU - Tafazzoli, Mohammadsoroush
N1 - Publisher Copyright:
© ASCE.
PY - 2017
Y1 - 2017
N2 - Despite considerable financial issues in funding the infrastructure projects in developing countries, holistic, systematic, and sustainable asset management strategies are not adequately established and practiced in those countries, and this is causing tremendous losses on their economies. Lack of cost-effective management and long-term strategies for deploying, operating, maintaining, and upgrading of the infrastructure, is a threat to the attempt for development. The present paper is the result of an extensive review of literature and research to facilitate and strategize the implementation of the infrastructure asset management. The main strategies which are discussed in this paper are (1) holistic approach, (2) integrated system management, (3) continuous and precise data collection, processing, and sharing, (4) efficient resource allocation, (5) continuous improvement, (6) minimizing the need to create new infrastructures, (7) tracking performance measurement, and (8) efficient risk management. The paper can be used by investors, stakeholders, and decision makers of infrastructure in these countries by presenting: (1) the essentiality of shifting towards new approaches for infrastructure management, (2) the required adjustments in the conventional management practices, and (3) major strategies to actualize the required adjustments based on successful practices.
AB - Despite considerable financial issues in funding the infrastructure projects in developing countries, holistic, systematic, and sustainable asset management strategies are not adequately established and practiced in those countries, and this is causing tremendous losses on their economies. Lack of cost-effective management and long-term strategies for deploying, operating, maintaining, and upgrading of the infrastructure, is a threat to the attempt for development. The present paper is the result of an extensive review of literature and research to facilitate and strategize the implementation of the infrastructure asset management. The main strategies which are discussed in this paper are (1) holistic approach, (2) integrated system management, (3) continuous and precise data collection, processing, and sharing, (4) efficient resource allocation, (5) continuous improvement, (6) minimizing the need to create new infrastructures, (7) tracking performance measurement, and (8) efficient risk management. The paper can be used by investors, stakeholders, and decision makers of infrastructure in these countries by presenting: (1) the essentiality of shifting towards new approaches for infrastructure management, (2) the required adjustments in the conventional management practices, and (3) major strategies to actualize the required adjustments based on successful practices.
UR - http://www.scopus.com/inward/record.url?scp=85035214205&partnerID=8YFLogxK
U2 - 10.1061/9780784481202.036
DO - 10.1061/9780784481202.036
M3 - Conference article
AN - SCOPUS:85035214205
T3 - International Conference on Sustainable Infrastructure 2017: Policy, Finance, and Education - Proceedings of the International Conference on Sustainable Infrastructure 2017
SP - 375
EP - 387
BT - International Conference on Sustainable Infrastructure 2017
A2 - Pena-Mora, Feniosky
A2 - Soibelman, Lucio
PB - American Society of Civil Engineers (ASCE)
T2 - 2017 International Conference on Sustainable Infrastructure: Policy, Finance, and Education, ICSI 2017
Y2 - 26 October 2017 through 28 October 2017
ER -