Acknowledgement
This study was conducted as part of research projects of Korea Institute of Construction Technology (KICT) with the support of the Ministry of Knowledge Economy. The project number is 2009-0013.
International conference on construction engineering and project management (국제학술발표논문집)
- 2009.05a
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- Pages.1485-1490
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- 2009
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- 2508-9048(eISSN)
INFRASTRUCTURE ASSET MANAGEMENT PRACTICES IN THE U.S., AUSTRALIA, AND KOREA
- Myungjin Chae (Korea Institute of Construction Technology) ;
- Giu Lee (Korea Institute of Construction Technology) ;
- Jung Yeol Kim (Korea Institute of Construction Technology) ;
- Moon Young Cho (Korea Institute of Construction Technology)
- Published : 2009.05.27
Abstract
This paper discusses cases of infrastructure asset management in the U.S., Canada, and Australia and investigates infrastructure management in Korea in order to set the direction for the asset management improvement. The definitions of infrastructure asset management from various entities are introduced and implementation framework and organizational structures are described. The investigation on Korean public asset management practices finds the strong and weak points and defines the requirements and considerations to further improve the current practices. This paper will assist adopting infrastructure asset management in Korea and provide guide for the infrastructure maintenance.