Suggestion for a Framework for a Sustainable Infrastructure Asset Management Manual in Korea

Sang-Ho Lee, Sanghoon Park and Jong Myung Kim
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Sang-Ho Lee: School of Civil & Environmental Engineering, Yonsei University, 50 Yonsei-Ro, Seodaemun-Gu, Seoul 120-749, Korea
Sanghoon Park: School of Civil & Environmental Engineering, Yonsei University, 50 Yonsei-Ro, Seodaemun-Gu, Seoul 120-749, Korea
Jong Myung Kim: School of Civil & Environmental Engineering, Yonsei University, 50 Yonsei-Ro, Seodaemun-Gu, Seoul 120-749, Korea

Sustainability, 2015, vol. 7, issue 11, 1-26

Abstract: This study proposes a framework for an infrastructure asset management manual containing infrastructure asset management processes and operation techniques, which can be adjusted by different ordering authorities to develop their own manuals. The following conclusions were drawn in this study. First, the justification for implementation of asset management was examined through analysis of changes and status of asset management in domestic infrastructure, and the current status and insufficiencies in the asset management manuals of the government and ordering authorities were inspected. Second, the current status and systems of infrastructure asset management manuals in developed foreign nations such as Australia, the United Kingdom and the United States were examined, to analyze and compare the characteristics of asset management manuals among different nations. The directivity for composition of an infrastructure asset management manual in Korea was deduced for reference. Third, based on the directivity for composition of a domestic and foreign infrastructure asset management manual, a framework for an infrastructure asset management manual that can be utilized by the ordering authorities was proposed for (1) a general infrastructure asset management manual connected to global asset management manuals; (2) a manual that considers the asset management experience of the ordering authorities; (3) a systematic manual that takes user convenience into account; and (4) a circulatory process, which links infrastructure policy and strategy in the decision-making stage.

Keywords: infrastructure; asset management; manual; framework; process (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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