An Integrated Decision Support Framework for Life-cycle Building Asset Management

An Integrated Decision Support Framework for Life-cycle Building Asset Management PDF Author: Maha Reda Alkasisbeh
Publisher:
ISBN:
Category : Asset allocation
Languages : en
Pages : 133

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Book Description
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.

An Integrated Decision Support Framework for Life-cycle Building Asset Management

An Integrated Decision Support Framework for Life-cycle Building Asset Management PDF Author: Maha Reda Alkasisbeh
Publisher:
ISBN:
Category : Asset allocation
Languages : en
Pages : 133

Get Book Here

Book Description
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.

Engineering Asset Management

Engineering Asset Management PDF Author: Joseph Mathew
Publisher: Springer Science & Business Media
ISBN: 1846288142
Category : Technology & Engineering
Languages : en
Pages : 1261

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Book Description
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.

Decision Analysis and Implementation Guidance in Strategic Asset Management

Decision Analysis and Implementation Guidance in Strategic Asset Management PDF Author: Duncan Rose
Publisher: IWA Publishing
ISBN: 9781843393320
Category : Science
Languages : en
Pages : 0

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Book Description
Track 3 of WERF’s Strategic Asset Management Project was developed to “provide guidance on implementing SAM...and develop analytic tools for SAM implementation” - the Decision Support Tools and Implementation Guidance goal. In Track 3, the Decision Support Tools and Implementation Guidance goal was organized around two major elements: Analytic/Decision Support Tools – Develop staged, user-friendly analytic and decision support tools (gap analysis, cost benefit analysis, risk management, life cycle costing, condition assessment selection tool, etc.) for SAM implementation and continuous improvement. Implementation Tool – Provide practical, accessible guidance for an implementation tool to undertake SAM in incremental stages leading to a well-planned, structured, and progressive implementation to suit the needs of a diverse range of utilities’ communication practices. Task Order 2 provided for the following deliverables: Set up Practitioner Tool-Review Working Group and Establish Framework Catalogue Available “Commercial Off-The-Shelf” SAM tools Identify and Prioritize Core Set of Tools Identify Critical Success Factors for Implementing SAM Review and Modify the Gap Analysis Tool Refine the “Six Alternative Routes to Implementation” Tool Develop Information Requirements for SAM Decision Making The materials presented in the following sections were developed as a result of executing Task Order 2 to achieve the Project goal. Each chapter details a separate deliverable. Relevant developed materials have been or are in the process of being added to SIMPLE, WERF’s web-based asset management knowledge base. Asset management can be defined as a way of management thinking and a set of best practices built around a structured framework that assist asset managers in making the most cost effective investment decisions in existing and new assets to sustain long term performance of the assets in an environment of limited resources where these decisions represent an integration of operations, maintenance, and capital intervention strategies. At the heart of the framework is the concept of business risk – a metric that measures the interaction of the probability of failure, the consequence of failure, and risk mitigation strategies. This research: Facilitates the adoption of best practice in asset management in the public water utility industry Provides an asset management knowledge base that is a structured repository of a broad range and deeply substantive collection of materials oriented toward the practicing asset manager Addresses the why and how of asset management at levels for novice, intermediate, and advanced practitioners

Decision Analysis and Implementation Guidance in Strategic Asset Management

Decision Analysis and Implementation Guidance in Strategic Asset Management PDF Author: Duncan Rose
Publisher: International Water Assn
ISBN: 9781843393320
Category : Business & Economics
Languages : en
Pages : 120

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Book Description
Track 3 of WERF's Strategic Asset Management Project was developed to provide guidance on implementing SAM...and develop analytic tools for SAM implementation - the Decision Support Tools and Implementation Guidance goal. In Track 3, the Decision Support Tools and Implementation Guidance goal was organized around two major elements: *Analytic/Decision Support Tools - Develop staged, user-friendly analytic and decision support tools (gap analysis, cost benefit analysis, risk management, life cycle costing, condition assessment selection tool, etc.) for SAM implementation and continuous improvement. *Implementation Tool - Provide practical, accessible guidance for an implementation tool to undertake SAM in incremental stages leading to a well-planned, structured, and progressive implementation to suit the needs of a diverse range of utilities' communication practices.Task Order 2 provided for the following deliverables: *Set up Practitioner Tool-Review Working Group and Establish Framework *Catalogue Available Commercial Off-The-Shelf SAM tools *Identify and Prioritize Core Set of Tools *Identify Critical Success Factors for Implementing SAM *Review and Modify the Gap Analysis Tool *Refine the Six Alternative Routes to Implementation Tool *Develop Information Requirements for SAM Decision Making The materials presented in the following sections were developed as a result of executing Task Order 2 to achieve the Project goal. Each chapter details a separate deliverable. Relevant developed materials have been or are in the process of being added to SIMPLE, WERF's web-based asset management knowledge base. Asset management can be defined as a way of management thinking and a set of best practices built around a structured framework that assist asset managers in making the most cost effective investment decisions in existing and new assets to sustain long term performance of the assets in an environment of limited resources where these decisions represent an integration of operations, maintenance, and capital intervention strategies.At the heart of the framework is the concept of business risk - a metric that measures the interaction of the probability of failure, the consequence of failure, and risk mitigation strategies. This research: *Facilitates the adoption of best practice in asset management in the public water utility industry. *Provides an asset management knowledge base that is a structured repository of a broad range and deeply substantive collection of materials oriented toward the practicing asset manager. *Addresses the why and how of asset management at levels for novice, intermediate, and advanced practitioners.

Life Cycle Sustainability Assessment for Decision-Making

Life Cycle Sustainability Assessment for Decision-Making PDF Author: Jingzheng Ren
Publisher: Elsevier
ISBN: 012818356X
Category : Science
Languages : en
Pages : 364

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Book Description
Life Cycle Sustainability Assessment for Decision-Making: Methodologies and Case Studies gives readers a comprehensive introduction to life cycle sustainability assessment (LCSA) methodology for sustainability measurement of industrial systems, proposing an efficiency methodology for stakeholders and decision-makers. Featuring the latest methods and case studies, the book will assist researchers in environmental sciences and energy to develop the best methods for LCA, as well as aiding those practitioners who are responsible for making decisions for promoting sustainable development. The past, current status and future of LCSA, Life Cycle Assessment method (LCA), Life Cycle Costing (LCC), Social Life Cycle Assessment (SLCA), the methodology of LCSA, typical LCSA case studies, limitations of LCSA, and life cycle aggregated sustainability index methods are all covered in this multidisciplinary book. Includes models for assessing sustainability in environmental, energy engineering and economic scenarios Features case studies that help define the advantages and obstacles of real world applications Presents a complete view, from theory to practice, of a life cycle approach by exploring the methods and tools of sustainability assessment, analysis and design of sustainability assessment

The Integrative Design Guide to Green Building

The Integrative Design Guide to Green Building PDF Author: 7group
Publisher: John Wiley & Sons
ISBN: 0470181109
Category : Architecture
Languages : en
Pages : 436

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Book Description
"The members of 7group and Bill Reed are examples writ large of the kind of leadership that is taking this idea of green building and forming it into reality, by helping change minds, building practice, and design process." —from the Foreword by S. Rick Fedrizzi President, CEO, and Founding Chair, U.S. Green Building Council A whole-building approach to sustainability The integrative design process offers a new path to making better green building decisions and addressing complex issues that threaten living systems. In The Integrative Design Guide to Green Building: Redefining the Practice of Sustainability, 7group's principals and integrative design pioneer Bill Reed introduce design and construction professionals to the concepts of whole building design and whole systems. With integrative thinking that reframes what sustainability means, they provide a how-to guide for architects, designers, engineers, developers, builders, and other professionals on incorporating integrative design into every phase of a project. This practical manual: Explains the philosophy and underpinnings of effective integrative design, addressing systems thinking and building and community design from a whole-living system perspective Details how to implement integrative design from the discovery phase to occupancy, supported by process outlines, itemized tasks, practice examples, case studies, and real-world stories illustrating the nature of this work Explores the deeper understanding of integration that is required to transform architectural practice and our role on the planet This book, both practical and thoughtful, will help you deliver your vision of a sustainable environment. 7group, based in Kutztown, Pennsylvania, includes principals John Boecker, Scot Horst, Tom Keiter, Andrew Lau, Marcus Sheffer, and Brian Toevs, who bring a unique integration of expertise in design, engineering, energy and daylight modeling, materials assessments, commissioning, education, and communications to their work. Internationally recognized thought leaders in the green building movement, they have led countless teams through the practical implementation of integrative design on building projects of all types around the world. 7group also has been directly and deeply involved with the development of the LEED® Green Building Rating System, including experience on more than 100 LEED projects. Scot Horst currently serves as chair of the U.S. Green Building Council's LEED Steering Committee.

CONVR 2023 - Proceedings of the 23rd International Conference on Construction Applications of Virtual Reality

CONVR 2023 - Proceedings of the 23rd International Conference on Construction Applications of Virtual Reality PDF Author: Pietro Capone
Publisher: Firenze University Press
ISBN:
Category : Architecture
Languages : en
Pages : 1279

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Book Description
Within the overarching theme of “Managing the Digital Transformation of Construction Industry” the 23rd International Conference on Construction Applications of Virtual Reality (CONVR 2023) presented 123 high-quality contributions on the topics of: Virtual and Augmented Reality (VR/AR), Building Information Modeling (BIM), Simulation and Automation, Computer Vision, Data Science, Artificial Intelligence, Linked Data, Semantic Web, Blockchain, Digital Twins, Health & Safety and Construction site management, Green buildings, Occupant-centric design and operation, Internet of Everything. The editors trust that this publication can stimulate and inspire academics, scholars and industry experts in the field, driving innovation, growth and global collaboration among researchers and stakeholders.

Life Cycle Cost Model to Support Asset Management Decision Making

Life Cycle Cost Model to Support Asset Management Decision Making PDF Author: Ir. Winda Nur Cahyo, Ph.D, IPM
Publisher: Universitas Islam Indonesia
ISBN: 6024504004
Category : Technology & Engineering
Languages : en
Pages :

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Book Description
There are confusions related to the area of asset management. At this moment, searching over the internet with the keyword “asset management”, most of the links show the issue about financial asset management such as asset investments, securities, stocks, and obligations. In a simple term, the word “asset management” refers to managing financial asset. However, the term asset does not only include financial asset. In ISO 55000 (2014), the term asset is defined as an item, thing or entity that has potential or actual value to an organization. The value of asset can be categories as financial or non-financial value, tangible or intangible value, and may vary between different organizations and their stakeholders. With this definition, the term asset is very broad and may consist any type of asset such as human resources, stock, building, inventory, trust, capital, goodwill, and land. In this book, the term asset mainly refers to engineering (physical) asset, physical asset as the result of an engineering process (e.g. buildings, machineries, bridges, roads, vehicles, oil rigs, plants, metro tunnels, piping system, rail lines).

Research and Innovation Forum 2023

Research and Innovation Forum 2023 PDF Author: Anna Visvizi
Publisher: Springer Nature
ISBN: 3031447212
Category : Computers
Languages : en
Pages : 798

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Book Description
This book features research presented and discussed during the Research & Innovation Forum (Rii Forum) 2023. As such, this book offers a unique insight into emerging topics, issues and developments pertinent to the fields of technology, innovation and education and their social impact. Papers included in this book apply inter- and multi-disciplinary approaches to query such issues as technology-enhanced teaching and learning, smart cities, information systems, cognitive computing and social networking. What brings these threads of the discussion together is the question of how advances in computer science—which are otherwise largely incomprehensible to researchers from other fields—can be effectively translated and capitalized on so as to make them beneficial for society as a whole. In this context, Rii Forum and Rii Forum proceedings offer an essential venue where diverse stakeholders, including academics, the think tank sector and decision-makers, can engage in a meaningful dialogue with a view to improving the applicability of advances in computer science.

Handbook of Research on Building Information Modeling and Construction Informatics: Concepts and Technologies

Handbook of Research on Building Information Modeling and Construction Informatics: Concepts and Technologies PDF Author: Underwood, Jason
Publisher: IGI Global
ISBN: 1605669296
Category : Computers
Languages : en
Pages : 757

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Book Description
In recent years, building information modeling has become a very active research area of construction informatics with investigation of ICT use within construction industry processes and organizations. The Handbook of Research on Building Information Modeling and Construction Informatics: Concepts and Technologies addresses the problems related to information integration and interoperability throughout the lifecycle of a building, from feasibility and conceptual design through to demolition and recycling stages. Containing research from leading international experts, this Handbook of Research provides comprehensive coverage and definitions of the most important issues, concepts, trends, and technologies within the field.