Asset Management

Technical Due Diligence (TDD) is an engineering management process for evaluation and assessment on operation and condition of assets of engineering systems (e.g. buildings, industrial plants, factories). TDD can be considered as a simple application of the Asset Management Framework.

Conducting an extensive TDD work for a Global Capital Investment Firm, who wishes to take over the ownership of the bankrupted Hanjin Corp.

Conducting an extensive TDD work for a Japanese Firm, who wishes to take over/share the ownership of the tower.

Rehabilitation, Retrofitting, and Process Improvement of Lamesa 2 Water Treatment Plant

Plant Audit and Asset Management for Various Pump Stations and Reservoirs

This post describes a generic approach on the computation of Net Present Value (NPV) and Life Cycle Cost estimation (LCC) for Preventive Intervention (PI) on pumps (e.g. centrifugal pumps) when decision makers are uncertain on, or do not have a rich set of data on failure of pump components.

Disruptive events, such as earthquakes, floods, and landslides, may disrupt the service provided by transportation networks on a vast scale, as their occurrence is likely to cause multiple objects to fail simultaneously. The restoration program …

A road network consists of multiple objects that deteriorate over time with different speeds of deterioration. In order to provide an adequate level of service over time, these objects will eventually require interventions. As road managers are …

Many bridge management systems use Markov models to predict the future deterioration of structural elements. This information is subsequently used in the determination of optimal intervention strategies and intervention programs. The input for these …

In this paper, a real option approach to determine the optimal time to execute interventions on rail infrastructure, when it is not known for certain which intervention is to be executed, is presented (i.e. the optimal intervention window). Such an …