144 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

    A risk based model for quantifying the impact of information quality

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    Information quality is one of the key determinants of information system success. When information quality is poor, it can cause a variety of risks in an organization. To manage resources for information quality improvement effectively, it is necessary to understand where, how, and how much information quality impacts an organization's ability to successfully deliver its objectives. So far, existing approaches have mostly focused on the measurement of information quality but not adequately on the impact that information quality causes. This paper presents a model to quantify the business impact that arises through poor information quality in an organization by using a risk based approach. It hence addresses the inherent uncertainty in the relationship between information quality and organizational impact. The model can help information managers to obtain quantitative figures which can be used to build reliable and convincing business cases for information quality improvement.EPSRCThis is the author accepted manuscript. The final version can be found on the publisher's website at: http://www.sciencedirect.com/science/article/pii/S0166361513002467 © 2013 Elsevier B.V. All rights reserved

    Towards Dynamic Criticality-Based Maintenance Strategy for Industrial Assets

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    An asset’s risk is a useful indicator for determining optimal time of repair/replacement for assets in order to yield minimal operational cost of maintenance. For a successful asset management practice, asset-intensive organisations must understand the risk profile associated with their asset portfolio and how this will change over time. Unfortunately, in many risk-based asset management approaches, the only thing that is known to change in the risk profile of the asset is the likelihood (or probability) of failure. The criticality (or consequences of failure) of asset is assumed to be fixed and has considered as more or less a static quantity that is not updated with sufficient frequency as the operating environment changes. This paper proposes a dynamic criticality-based maintenance approach where asset criticality is modeled as a dynamic quantity and changes in asset’s criticality is used to optimize maintenance plans (e.g. determining the optimal repair time/replacement age for an asset over it life cycle period) to have a better risk management and cost savings. An illustrative example is used to demonstrate the effect of implementing dynamic criticality in determining the optimal time of repair for a bridge infrastructure. It is shown that capturing changes in the criticality of the bridge over time and using this understanding in the risk analysis of the bridge provided the opportunity for better maintenance planning resulting to reduction of the total risk

    Federated Data Modeling for Built Environment Digital Twins

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    The digital twin (DT) approach is an enabler for data-driven decision making in architecture, engineering, construction, and operations. Various open data models that can potentially support the DT developments, at different scales and application domains, can be found in the literature. However, many implementations are based on organization-specific information management processes and proprietary data models, hindering interoperability. This article presents the process and information management approaches developed to generate a federated open data model supporting DT applications. The business process modeling notation and transaction and interaction modeling techniques are applied to formalize the federated DT data modeling framework, organized in three main phases: requirements definition, federation, validation and improvement. The proposed framework is developed adopting the cross-disciplinary and multiscale principles. A validation on the development of the federated building-level DT data model for the West Cambridge Campus DT research facility is conducted. The federated data model is used to enable DT-based asset management applications at the building and built environment levels
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