Infrastructure Asset Management

Infrastructure Asset Management plays a crucial role in the shift that the built environment continues to perform reliably over time. As society faces growing challenges—aging infrastructure like quay walls, bridges, and buildings; housing shortages; climate change; and the energy transition—the demand for engineers skilled in asset management is rising rapidly.

Asset management is essential for creating a resilient, sustainable, and economically competitive society. Without smart, forward-looking strategies for maintenance and transition, the built environment risks becoming a bottleneck for progress. In this sense, asset management is a key driver. Students in this course learn to understand the processes, systems, and tools that support effective asset management. They explore real-world applications while also developing the critical insight needed to improve or implement these practices in their professional careers.

Following are the key topics:

•                     General principles of Asset management

•                     Asset Management Anatomy – vertical and horizontal line of sight

•                     Modelling of asset management information

•                     Life Cycle Management for Infrastructure

•                     Risk quantification and risk management methodologies

•                     Modelling of ageing infrastructures

•                     Leading and lagging indicators for infrastructure systems: Dashboarding

Formative: Students receive ongoing feedback during weekly practical sessions. Weekly project check-ins allow instructors to guide progress. Peer reviews and in-group collaboration provide additional formative input, helping students refine their approach before final submission.

Summative: Students are assessed through a final group assignment (report 60% and presentation 40%), which includes both group outcomes and individual contributions. A reflective dialogue session with an instructor is used to validate the assignment and may influence the final grade. A minimum score of 6.0 is required to pass.