Review on Australian and international practices for asset management in building infrastructure

Shah, Ashish & Kumar, Arun (2003) Review on Australian and international practices for asset management in building infrastructure. CRC for Construction Innovation, Brisbane.

Abstract

Both in developed and developing economies, major public funding is invested in civil infrastructure assets. Efficiency and comfort level of expected and demanded living standards are largely dependant on the management strategies of these assets. Buildings are one of the major & vital assets, which need to be maintained primarily to ensure its functionality by effective & efficient delivery of services and to optimize economic benefits. Not withstanding, public building infrastructure is not considered in Infrastructure report card published by Australian Infrastructure Report Card Alliance Partners (2001). The reason appears to be not having enough data to rate public building infrastructure. American Infrastructure Report Card (2001) gave “School Buildings” ‘d-’ rating, which is below ‘poor’. For effective asset management of building infrastructure, a need emerged to optimise the budget for managing assets, to cope up with increased user expectations, to response effectively to possible asset failures, to deal with ageing of assets and aging populations and to treat other scenarios including technology advancement and non-asset solutions. John (Asset Management, 2001) suggests that in the area of asset management worldwide, UK, Australia and New Zealand are leading.

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ID Code: 26879
Item Type: Report
Refereed: No
Keywords: CRC for Construction Innovation, Program C : Delivery Management of Built Assets , Project 2001-010-C : Investment Decision Framework for Infrastructure Asset Management
Divisions: Past > Schools > School of Urban Development
Copyright Owner: Copyright 2003 Icon.Net Pty Ltd
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Deposited On: 19 Aug 2009 03:21
Last Modified: 10 Aug 2011 17:23

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