452 research outputs found

    The Role of Futureproofing in the Management of Infrastructural Assets

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    Ensuring long-term value from infrastructure is essential for a sustainable economy. In this context, futureproofing involves addressing two broad issues: i. Ensuring the ability of infrastructure to be resilient to unexpected or uncontrollable events e.g. extreme weather events; and ii. Ensuring the ability to adapt to required changes in structure and / or operations of the infrastructure in the future e.g. expansion of capacity, change in usage mode or volumes. Increasingly, in their respective roles, infrastructure designers/builders and owners/operators are being required to develop strategies for futureproofing as part of the life cycle planning for key assets and systems that make up infrastructure. In this paper, we report on a preliminary set of studies aimed at exploring the following issues related to infrastructure / infrastructure systems: • What is intended by the futureproofing of infrastructural assets? • Why and when to futureproof critical infrastructure? • How can infrastructure assets and systems be prepared for uncertain futures? • How can futureproofing be incorporated into asset management practice? In order to seek answers to the above questions, the Cambridge Centre for Smart Infrastructure and Construction (CSIC) has conducted two industrial workshops bringing together leading practitioners in the UK infrastructure and construction sectors, along with government policy makers. This paper provides an initial summary of the findings from the workshops (part presentation, part working sessions), and proposes a simple framework for linking futureproofing into broader asset management considerations. To begin, an overview of futureproofing and motivate the need for futureproofing infrastructure assets is provided. Following this, an approach to futureproofing infrastructure portfolios is presented that organisations in the infrastructure sector can use. Key barriers to futureproofing are also presented before examining the ISO 55001 asset management standard to highlight the interplay between futureproofing and infrastructural asset management. Finally, different ways by which an effective futureproofing strategy can enhance the value of infrastructure are examined

    Challenges in infrastructure asset management

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    Infrastructure owners are facing a number of challenges in an increasingly difficult economic and political setting, and are seeking novel approaches to are required to meet the demands of operators, shareholders and other stakeholders. Owners are demanding greater value, for less overall cost, from their assets. New technologies enable higher performance and greater safety, but at a price. Initial purchase costs are rising, leading to longer periods in service. Maintenance requires a more highly skilled, and so more expensive, workforce. This paper summarises the outputs of two industrial workshops carried out in the UK and USA targeted at identifying the major challenges faced by infrastructure owners and operators. These challenges provide guidance to the academic community for directing research activities to address the needs of industry, thus delivering maximum impact

    A Condition-Based Maintenance Model for Assets with Accelerated Deterioration Due to Fault Propagation

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    Complex industrial assets such as power transformers are subject to accelerated deterioration when one of its constituent component malfunctions, affecting the condition of other components, which is a phenomenon called fault propagation. In this paper, we present a novel approach for optimizing condition-based maintenance policies for such assets by modelling their deterioration as a multiple dependent deterioration path process. The aim of the policy is to replace the malfunctioned component and mitigate accelerated deterioration at minimal impact to the business. The maintenance model provides guidance on determining inspection and maintenance strategies to optimize asset availability and operational cost.This is the author accepted manuscript. The final version is available from IEEE via http://dx.doi.org/10.1109/TR.2015.243913
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