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2014 | OriginalPaper | Chapter

7. Asset Management

Author : Kiyoshi Kobayashi

Published in: Challenges for Human Security Engineering

Publisher: Springer Japan

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Abstract

Many national or local governments and public enterprises that operate and manage infrastructure are attempting to introduce asset management approaches to carry out efficient infrastructure maintenance and repair activities amid funding constraints. This chapter discusses the asset management framework that is compatible with the concept of ISO5500X. ISO5500X is an asset management process standard and does not prescribe concrete asset management technology. A de facto standardized asset management system is under development that implements a statistical deterioration model using the Markov deterioration model among others, and has been applied to pavement asset management operations in Japan. The chapter illustrates endeavors to set up international asset management platforms in Vietnam and other Association of Southeast Asian Nations countries.

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Literature
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Metadata
Title
Asset Management
Author
Kiyoshi Kobayashi
Copyright Year
2014
Publisher
Springer Japan
DOI
https://doi.org/10.1007/978-4-431-54288-9_7