Managing physical assets: a systematic review and a sustainable perspective

Sandu, Georgiana; Varganova, Olga; Samii, Behzad

doi:10.1080/00207543.2022.2126019

Cited by 11 publications

(4 citation statements)

References 165 publications

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“…These concepts are critical for the economic and technical sustainability and efficiency of infrastructure. Physical assets generally represent structures such as roads, pipes, valves, transmission lines, transformer stations, valves, and pipelines for transportation, water, electricity, gas, and oil [26][27][28]. Asset management plays a central role in infrastructure management and requires decision-making based on accurate data.…”

Section: Conceptual Frameworkmentioning

confidence: 99%

Bridging Geo-Data and Natural Gas Pipeline Design Standards: A Systematic Review of BIM-GIS Integration for Natural Gas Pipeline Asset Management

Demir,

Yomralioglu

2024

Energies

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In today’s world, effective management and the use of spatial data are of great importance in many sectors. Industries such as land management, asset management, and infrastructure management are areas where spatial data are heavily utilized. Advanced technologies such as Geographic Information Systems (GISs) and Building Information Modeling (BIM) are used in the processes of collecting, analyzing, and managing geographically enabled data (geo-data). These technologies enable the effective processing of large datasets, improve decision-making processes based on geographic information, and facilitate more efficient collaboration across sectors. This study conducts an in-depth examination of the existing literature on asset management, infrastructure management, and BIM-GIS integration using bibliometric analysis and systematic literature review methods. Bibliometric analysis is employed to determine statistical values such as current research trends, frequently cited authors, most used keywords, and country performances in the relevant field. This study’s results highlight future research trends and significant gaps in the areas of asset management, infrastructure management, natural gas pipelines, and BIM-GIS integration. In particular, this study demonstrates the critical importance of asset management and BIM-GIS integration for sustainable infrastructure design, construction, and management. In this context, attention is drawn to the importance of data standardization, digitization, systematic integration, and contemporary land management requirements.

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Section: Conceptual Frameworkmentioning

confidence: 99%

Bridging Geo-Data and Natural Gas Pipeline Design Standards: A Systematic Review of BIM-GIS Integration for Natural Gas Pipeline Asset Management

Demir,

Yomralioglu

2024

Energies

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“…In the same perspective, using statistics and resorting to facts extracted from over 2800 journal articles, Ref. [19] present a systematic review regarding physical asset management as a key resource in achieving competitive advantage in the framework of sustainable development.…”

Section: Literature Review: Physical Asset Managementmentioning

confidence: 99%

The Economic Management of Physical Assets: The Practical Case of an Urban Passenger Transport Company in Portugal

et al. 2023

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Organizations are increasingly concerned with new strategic guidelines and ways of managing physical assets to improve their competitiveness and sustainability. In this paper, we analyze the determinants of the economic management of physical assets in the specific case of a public passenger transport company located in one of the main cities of Portugal. Based on the case under analysis, it was possible to conclude that the economic management of physical assets is oriented by relevant indicators, including, for example, expenses associated with acquisition, maintenance, and operation. This paper provides a relevant contribution to monitoring and evaluating the life cycle of equipment, enabling more efficient and effective management of these physical assets for transport companies. We are convinced that the valuable results presented in this paper can open up new research avenues in the area of physical asset management.

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“…By empirically testing the relationships between items and constructs for the four dimensions of Smart Maintenance (DDD, HCR, INI, EXI), we firmly establish a foundation for accumulated knowledge creation. Specifically, the evidence of construct validity facilitates empirical replications and extensions, enables comparability across studies, and serves as a base for interpreting a variety of literature that focuses on maintenance practices within Industry 4.0 more broadly (Sandu et al, 2022;Silvestri et al, 2020;Tortorella et al, 2022).…”

Section: Theoretical Implicationsmentioning

confidence: 99%