Infrastructure Asset Lifecycle Planning – A Hands-On Approach
-
Module 1: Introduction to Asset Lifecycle PlanningUnderstanding the Concept of Asset Lifecycle Planning0sImportance and Benefits of Effective Lifecycle Planning for Infrastructure Assets0sConsequences of Inadequate Asset Lifecycle Planning0sCase Study:Enhancing Life-Cycle Planning in PennDOT’s Transportation Asset Management Plan (TAMP)0sExercise: Asset Lifecycle Planning Simulation: Optimizing Infrastructure InvestmentsQuiz 1
-
Module 2: Asset Condition Assessments and InspectionsAsset Condition Assessments0sTechniques for Conducting Infrastructure Asset Condition Assessments0sIdentifying Key Parameters for Assessing Asset Condition0sCase Study: Condition Assessment of Water Infrastructures in the Segura River Basin, Spain0sExercise: Infrastructure Asset Condition Assessment Techniques SimulationPredefined AnswersQuiz 2
-
Module 3: Cost Estimation Throughout the Asset LifecycleCost Estimation Throughout the Asset Lifecycle0sUnderstanding Life Cycle Costing Principles0sPredicting Budget Requirements for Different Stages of The Asset Lifecycle0sMitigating Budget Overruns Through Accurate Cost Estimations0sCase Study: Navigating Budget Overruns: Lessons from an Infrastructure Project’s Cost Estimation Mishaps0sExercise: Predicting Budget Requirements for Different Stages of the Asset LifecyclePredefined AnswersQuiz 3
-
Module 4: Infrastructure Asset Utilization and FunctionalityAnalyzing Asset Utilization Patterns0sAssessing Functionality and Performance Metrics0sStrategies for Optimizing Asset Utilization0sEfficiency Gains and Cost Savings through Asset Utilization Optimization0sCase Study: Maximizing Asset Utilization for Efficiency and Cost Savings0sExercise: Infrastructure Asset Functionality and Performance AssessmentPredefined AnswersQuiz 4
-
Module 5: Infrastructure Asset CriticalityIdentifying Critical Infrastructure Assets0sAssessing Risks and Consequences of Asset Failure0sPrioritizing Maintenance and Response Actions Based on Criticality0sA Case Study on Risk Management Innovations and Strategic Tools0sExercise: Prioritizing Maintenance and Response Actions Based on CriticalityPredefined AnswersQuiz 5
-
Module 6: Response Matrix DevelopmentCreating a Response Matrix Based on Assessment and Inspection Findings0sPrioritizing Responses Based on Asset Conditions and Criticality0sNavigating Challenges with a Well-Designed Response Matrix0sCase Study: Identifying Key Risks in Infrastructure Projects – Cairo Festival City Project0sCase Study: Enhancing Collaboration in Road Infrastructure Planning with European Road OTL0sExercise: Creating a Response Matrix Based on Assessment and Inspection FindingsPredefined AnswersQuiz 6
-
Module 7: Budget Forecasting and PrioritizationForecasting Budget Requirements for Each Year of The Asset Lifecycle0sConsidering Competing External Factors in Budget Prioritization0sCase Study: Strategic Budgeting for Long-Term Asset Management at Brookfield Asset Management0sExercise: Forecasting Budget Requirements for a 4-Year Asset LifecyclePredefined AnswersQuiz 7
-
Module 8: Capstone Project- Application and Practical Exercises
-
Reference Page
Infrastructure Asset Lifecycle Planning: A Hands-On Approach
Course Overview
We have created this in-depth course for beginner-level training in infrastructure asset lifecycle planning, focusing on conducting assessments, inspections, and cost estimation throughout the lifespan of various infrastructure assets.
Our participants can gain detailed insights into assessing asset conditions, utilization, functionality, and criticality. The course covers gravel and asphalt roadway infrastructure, building infrastructure, and general municipal infrastructure assets.
This eight-week program combines theoretical knowledge with practical applications, equipping our participants with the skills to tackle the complexities of infrastructure asset lifecycle planning.
By the end of this course, our learners will emerge with a well-rounded skill set, capable of conducting thorough asset assessments, optimizing utilization, estimating costs accurately, and strategically planning budgets.
Moreover, the practical exercises, case studies, and the capstone project ensure a hands-on learning experience, empowering them to confidently tackle the difficulties of infrastructure asset lifecycle planning in diverse settings.
Learning Outcomes
By course completion, participants will:
- Conduct thorough assessments and inspections for infrastructure assets.
- Estimate costs effectively using life cycle costing principles.
- Analyze asset conditions, utilization, functionality, and criticality for informed decision-making.
- Develop response matrices to prioritize actions based on assessment findings.
- Forecast budget requirements and strategically allocate budgets considering asset conditions and criticality.
- Formulate a comprehensive Asset Lifecycle Management Strategy for real-world applications.
- Optimize asset utilization for efficiency gains and cost savings.
- Navigate challenges in infrastructure asset planning through practical exercises and case studies.
At a Glance
Duration: 12 weeks (flexible scheduling to accommodate participants’ availability)
Modules: 8
Quizzes: 7
Language: English
Level: Intermediate level
100% Online: Learn at your own pace
