Improving asset management in capital-intensive industries: Case study of a Portuguese water utility

• Type: Article in International Scientific Journal
• Date: 2024

Authors

Casalta, M (Author) Other; Barbosa, F (Author) FEUP; Yamada, L (Author) Other; Ramos, LB (Author) Other

Journal

Title: Utilities Policy

Vol. 91

ISSN: 0957-1787

Publisher: Elsevier

Indexing

ISI Web of Knowledge - 1 Citation

Scopus - 1 Citation

Other information

Authenticus ID: P-016-XZQ

DOI: 10.1016/j.jup.2024.101822

Abstract (EN): The efficient management of assets delivers value and is essential for achieving service objectives, managing risks, and reducing costs. This paper proposes decision-support methods to help capital-intensive industries manage their assets and optimise their life cycle. Optimisation approaches were developed to support longterm investment planning by maximising the value created and minimising the budget used. Also, the trade-off for both objectives was analysed. Using the proposed models will lead to efficient management of available capital and excellent service delivery. Thus, water companies will fulfil the regulator's requirements and present well-founded decision-making. This study was applied to a Portuguese water utility.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 14