A comprehensive framework to efficiently plan short and long-term investments in water supply and sewer networks
Ramos-Salgado, Cristóbal,
Muñuzuri, Jesús,
Pablo Aparicio-Ruiz and
Luis Onieva
Reliability Engineering and System Safety, 2022, vol. 219, issue C
Abstract:
Water supply and sewer networks are critical infrastructures that provide a basic service to society. However, these systems constantly age and degrade over time. In addition, since network infrastructures are so extensive in length, they require a significant investment in maintenance tasks. Hence, within the context of infrastructure asset management (IAM), accurately defining the most efficient investment planning possible is essential to ensure their long-term sustainability. This paper presents an original five-step comprehensive framework to successfully implement an infrastructure asset management strategy and plan long-term investments. Moreover, this methodology integrates innovative and relevant operational and convenience factors that, while provide the problem both with realism and practicality, have not been addressed so far. To illustrate the usefulness and applicability of this methodology, the case study of a large water company in Spain is presented.
Keywords: Water distribution and sewer system; Infrastructure asset management; Risk management; Performance assessment; Long-term investment (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0951832021007262
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:219:y:2022:i:c:s0951832021007262
DOI: 10.1016/j.ress.2021.108248
Access Statistics for this article
Reliability Engineering and System Safety is currently edited by Carlos Guedes Soares
More articles in Reliability Engineering and System Safety from Elsevier
Bibliographic data for series maintained by Catherine Liu ().