Abstract

AbstractAgeing municipal infrastructure and a growing population lead to efficient municipal asset management practices. The conventional asset management practices consume extensive time and cost for planning and management activities in local municipalities due to the lack of integration among different assets and their respective asset management activities. This leads to inefficient infrastructure-related management decisions and planning inefficiencies in the long run. Novel and smart approaches are appreciated to integrate and modernize conventional decision-making practices that are related to municipal asset management. The objective of this study is to acquire municipal asset life cycle information and to develop an asset management database for municipal buried infrastructure for the Colombo municipality. A sample road network will be used to develop this database, and a concept will be proposed to integrate parallel activities of different assets to reduce the cost and time of the municipality. Expert interviews and literature data will be used to develop the aforementioned database and identify the relationship of different asset management practices. This proposed concept and the database will be later used to develop a computer-aided asset management platform for local municipalities.KeywordsMunicipal infrastructure planningLong-term decision-makingAsset management

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