Deterioration Models and Tools for Non-Infrastructure Assets
This project developed deterioration models for above-ground assets which will allow companies to input their own data and draw their own conclusions. A suite of life distribution and repair rate modelling tools were developed to cover a range of mechanical, electrical and instrumentation assets. These may be used to forecast asset renewal rates, support lifecycle costing and system reliability calculations and are available on a CD as part of the report. The modelling tools were tested on a selection of water companies' data and nine life distribution models and twenty-nine repair rate models were produced with acceptable results. Recommendations are made for the application of the models to both capital maintenance planning and routine maintenance. Investigations on data quality performed during the project showed a need for further improvements to understand the use and value of the data being collected and these aspects are discussed.
|UKWIR Reference :- 07/RG/05/17||Published Date :- 29/03/2007|
|Retail Price (£) :- 400||ISBN :- 1 84057 436 4|
Supporting Material and Reports
| Deterioration Models and Tools for Non-Infrastructure Assets CD-ROM|