For physically asset-intensive organisations asset management processes and intervention strategies are considered a crucial element, as there is heavy reliance on optimal performance of assets in order to maximise organisational performance and business goals. There is a tendency for...

The concept of asset management is not a new but an evolving idea that has been attracting attention of many organisations operating and/or owning some kind of infrastructure assets. The term asset management have been used widely with fundamental differences in interpretation and usage....