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Full-Text Articles in Architecture
Infrastructure Asset Management (Iam): Evolution And Evaluation, Eric Too, Linda Tay
Infrastructure Asset Management (Iam): Evolution And Evaluation, Eric Too, Linda Tay
Linda Too
Despite its rapid development in the last decade, infrastructure asset management today suffers from an identity crisis as the definition and scope of infrastructure asset management remains a contentious issue. The purpose of this paper is to trace the evolution of infrastructure asset management and evaluate the current practices. In the process, a framework defining the scope of infrastructure asset management is proposed. Notwithstanding the systematic approach that many organisations adopt to manage their infrastructure assets, this paper argues for the need to adopt a more integrated and strategic perspective in the light of the dynamic contemporary operating environment.
Critical Foundations: Providing Australia’S 21st Century Infrastructure, Michael Regan
Critical Foundations: Providing Australia’S 21st Century Infrastructure, Michael Regan
Michael Regan
Extract:
Infrastructure is undoubtedly the least understood of the major asset classes in Australia. A tradition of public ownership and operation, its status as a public good and a lack of information about its investment characteristics in both public and private hands has contributed to limited recognition of its role in national and regional economies. However, this situation is changing. A coincidence of political, economic and financial events in the lead up to the worldwide economic recession of the late 1980s and Australia's microeconomic reforms of the 1990s b[r]ought into sharper focus the central role that infrastructure plays in both …