Building an ontology and process architecture for engineering asset management

Frolov, Vladimir, Megel, David, Bandara, Wasana, Sun, Yong, & Ma, Lin (2009) Building an ontology and process architecture for engineering asset management. In Proceedings of the 4th World Congress on Engineering Asset Management, 28-30 September 2009, Marriott Athens Ledra Hotel, Athens.

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Historically, asset management focused primarily on the reliability and maintainability of assets; organisations have since then accepted the notion that a much larger array of processes govern the life and use of an asset. With this, asset management’s new paradigm seeks a holistic, multi-disciplinary approach to the management of physical assets. A growing number of organisations now seek to develop integrated asset management frameworks and bodies of knowledge. This research seeks to complement existing outputs of the mentioned organisations through the development of an asset management ontology. Ontologies define a common vocabulary for both researchers and practitioners who need to share information in a chosen domain. A by-product of ontology development is the realisation of a process architecture, of which there is also no evidence in published literature. To develop the ontology and subsequent asset management process architecture, a standard knowledge-engineering methodology is followed. This involves text analysis, definition and classification of terms and visualisation through an appropriate tool (in this case, the Protégé application was used). The result of this research is the first attempt at developing an asset management ontology and process architecture.

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ID Code: 27909
Item Type: Conference Paper
Refereed: Yes
Keywords: asset management, ontology development, process architecture, text mining, classification
Subjects: Australian and New Zealand Standard Research Classification > ENGINEERING (090000) > CIVIL ENGINEERING (090500) > Infrastructure Engineering and Asset Management (090505)
Divisions: Past > Research Centres > CRC Integrated Engineering Asset Management (CIEAM)
Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering
Past > QUT Faculties & Divisions > Faculty of Science and Technology
Copyright Owner: Copyright 2009 Springer
Copyright Statement: The original publication is available at
Deposited On: 12 Oct 2009 23:50
Last Modified: 23 Jun 2017 14:41

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