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Life-Cycle Concepts in Infrastructure Asset Management

The challenge Three different asset classes constitute real assets: buildings, grid-based infrastructure and natural resources. The assets subject to categorization along these classes differ substantially and therefore refer to different concepts when it comes to management and organizational strategies. For example, they display different degrees of asset specificity and risk of cascading effects. Infrastructures perform […]

What Can the Customer do to Impact Value for Money of the Assets Procured?

The challenges in government construction The UK Government is a major procurer of social and economic infrastructure in the UK, and also has a major influence over privately constructed social and economic infrastructure. The recently released Construction and Infrastructure Pipeline highlighted the magnitude of planned government investment, outlining over £500bn worth of capital investment. Following […]