An approach to value-based infrastructure asset management

An Alternative Approach to Asset-Liability Management

Traditionally, the potential financial impact of interest rate movements has been evaluated through duration measures or through computer simulations. The duration measure approach is analytical, and focuses on changes in market value; the computer simulation approach is computational and focuses on income statement and balance sheet impacts. In this paper a complementary approach for projectin...

A Value Based Approach To Management A Value Based Approach To Management

Towards an approach to Select an Asset Information Management Strategy

The management of engineering assets such as facilities and equipments can be a challenging task and optimising their usage is critical. To ensure effective utilization of an asset, one has to make effective decisions regarding the asset lifecycle. Consequently, it becomes imperative to gather useful information about the asset lifecycle. The objective of this paper is then to propose an approa...

Framework for a Web-based Intelligent Infrastructure Asset Management System

Pavement Management Systems (PMS) provided the framework for the development of infrastructure management systems. Under the leadership of the Federal Highway Administration (FHWA), infrastructure management has further evolved into asset management, adding two new dimensions to the traditional approach: integration and business-like objectives. The paper makes the case that systematic asset ma...

Value-based asset allocation: An integrated framework

We develop an asset allocation approach that translates valuation signals into a suggested allocation. At its core, we simulate a mean-reverting value-price evolution to infer important distribution parameters as needed in our allocation rule. The latter relies on a broad range of parameters, thereby diversifying the model risk and making the framework stable. The simulation is calibrated to me...