Visual Tool for Supporting Asset Management Performance, Risk, and Cost Analysis

Visual Tool for Supporting Asset Management Performance, Risk, and Cost Analysis
Author: Sergio T. Coelho
Publisher:
Total Pages: 144
Release: 2016
Genre: Science
ISBN: 9781780407777

Managing urban water infrastructures faces the challenge of jointly dealing with assets of diverse types, useful life, cost, ages and condition. Service quality and sustainability require sound long-term planning, well aligned with tactical and operational planning and management. In summary, the objective of an integrated approach to infrastructure asset management is to assist utilities in answering the following questions:Who are we at present, and what service do we deliver? What do we own? Where do we want to be in the long-term? How do we get there?The AWARE-P approach (www.aware-p.org) offers a coherent methodological framework and a valuable portfolio of software tools. It is designed to assist water supply and wastewater utility decision-makers in their analyses and planning processes. It is based on a Plan-Do-Check-Act process and is in accordance with the key principles of the International Standards Organization (ISO) 55000 standards on asset management. It is compatible with, and complementary to WERF's SIMPLE framework. The software assists in strategic, tactical, and operational planning, through a non-intrusive, web-based, collaborative environment where objectives and metrics drive IAM planning. It is aimed at industry professionals and managers, as well as at the consultants and technical experts that support them. It is easy to use and maximizes the value of information from multiple existing data sources, both in data-rich and data-stressed environments.This project aimed at testing, validating and tailoring the AWARE-P approach and software in the U.S. wastewater services context; developing new open-source software tools. The project produced:* A portfolio of tools for the Advanced Water Management and Rehabilitation-Portugal (AWARE-P) software validated at Gwinnett County Department of Water Resources (GCDWR), the main pilot case, and at two other U.S. cases, where a large amount of GIS and inspection data from a major utility, and GIS and operational data from a small utility were extensively explored;* A new, enhanced version of the tool to assess infrastructure value and support long-term re-investment policies; and* A new set of tools directed at data mining and condition-based inspection analysis and prediction.

Artificial Intelligence in Asset Management

Artificial Intelligence in Asset Management
Author: Söhnke M. Bartram
Publisher: CFA Institute Research Foundation
Total Pages: 95
Release: 2020-08-28
Genre: Business & Economics
ISBN: 195292703X

Artificial intelligence (AI) has grown in presence in asset management and has revolutionized the sector in many ways. It has improved portfolio management, trading, and risk management practices by increasing efficiency, accuracy, and compliance. In particular, AI techniques help construct portfolios based on more accurate risk and return forecasts and more complex constraints. Trading algorithms use AI to devise novel trading signals and execute trades with lower transaction costs. AI also improves risk modeling and forecasting by generating insights from new data sources. Finally, robo-advisors owe a large part of their success to AI techniques. Yet the use of AI can also create new risks and challenges, such as those resulting from model opacity, complexity, and reliance on data integrity.

Analytical Tools for Asset Management

Analytical Tools for Asset Management
Author: Cambridge Systematics
Publisher: Transportation Research Board
Total Pages: 71
Release: 2005
Genre: Bridges
ISBN: 0309088321

TRB's National Cooperative Highway Research Program (NCHRP) Report 544: Environmentally Sensitive Channel- and Bank-Protection Measures examines environmentally sensitive channel- and bank-protection measures and includes recommended design guidelines for their application and a selection system for helping to determine the most appropriate channel- and bank-protection measure. The selection system is presented as an interactive software program entitled "Greenbank," which can be found on the accompanying CD-ROM (CRP-CD-58). The selection system software (CRP-CD-58) is available for download in an ZIP format.

Practical Risk-Adjusted Performance Measurement

Practical Risk-Adjusted Performance Measurement
Author: Carl R. Bacon
Publisher: John Wiley & Sons
Total Pages: 320
Release: 2021-10-22
Genre: Business & Economics
ISBN: 1119838878

Explore different measures of ex-post risk-adjusted performance measurement and learn to choose the correct one In the newly revised Second Edition of Practical Risk-Adjusted Performance Measurement, accomplished risk and investment expert Carl R. Bacon delivers an insightful, accessible, and real-world guide to ex-post risk measurement. The author bridges the gap between theory and practice, showing you how to apply the former to the latter without introducing unnecessary mathematical complexity. The book describes the fundamentals of risk in the asset management context and the descriptive statistics used to describe it. It builds on that foundation with detailed examinations of concepts like regression, drawdown, and partial moments, before moving on to topics like fixed income risk and Prospect Theory. With helpful additions that include recently developed measures of risk, supplementary explanatory sections, and six brand-new chapters, this book also offers: A practical classification of all ex-post risk measures and how they connect to one another An explanation of how risk-adjusted performance measures impact performance fees A discussion of risk measure dashboard designs Instructions on how appraisal measures should be used for manager selection Perfect for portfolio managers, asset owners, risk controllers, and investment performance analysts, Practical Risk-Adjusted Performance Measurement is an indispensable resource for anyone looking for a hands-on exploration of the buy-side, asset management perspective.

Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures

Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures
Author: George Deodatis
Publisher: CRC Press
Total Pages: 1112
Release: 2014-02-10
Genre: Technology & Engineering
ISBN: 1315884887

Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures contains the plenary lectures and papers presented at the 11th International Conference on STRUCTURAL SAFETY AND RELIABILITY (ICOSSAR2013, New York, NY, USA, 16-20 June 2013), and covers major aspects of safety, reliability, risk and life-cycle performance of str

Computerworld

Computerworld
Author:
Publisher:
Total Pages: 92
Release: 2000-12-11
Genre:
ISBN:

For more than 40 years, Computerworld has been the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (Computerworld.com), twice-monthly publication, focused conference series and custom research form the hub of the world's largest global IT media network.

Computerworld

Computerworld
Author:
Publisher:
Total Pages: 60
Release: 2007-05-14
Genre:
ISBN:

For more than 40 years, Computerworld has been the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (Computerworld.com), twice-monthly publication, focused conference series and custom research form the hub of the world's largest global IT media network.