Methods for value assessment of water and sewer pipelines

Research output: Contribution to journalArticleScientificpeer-review

Abstract

The value of existing assets has become a factor of special interest to the asset owners as outsourcing of maintenance duties has increased. The value of water and sewer systems should be assessed in order to follow up the development of the network's long-term condition during a maintenance partnership contract and to determine the optimal renovation timing and method. Many factors affect the condition of the network, which makes the determination of the service life difficult. The use of existing value assessment methods is also essential in order to assess the systems economically. However, the value should be addressed holistically instead of determining only the economic value of the system. In this paper, we provide a comprehensive discussion on the value assessment of the water and sewer systems. A method for assessing the development of value during maintenance or renovation contract is presented.
Original languageEnglish
Pages (from-to)390-406
Number of pages17
JournalInternational Journal of Strategic Engineering Asset Management
Volume1
Issue number4
DOIs
Publication statusPublished - 2013
MoE publication typeA1 Journal article-refereed

Fingerprint

Sewers
Pipelines
Water
Outsourcing
Service life
Economics

Keywords

  • value assessment
  • water
  • sewer
  • pipeliness
  • asset management
  • renovation
  • outsourcing

Cite this

@article{12d0502a9f804f49b405b2af9d115d7e,
title = "Methods for value assessment of water and sewer pipelines",
abstract = "The value of existing assets has become a factor of special interest to the asset owners as outsourcing of maintenance duties has increased. The value of water and sewer systems should be assessed in order to follow up the development of the network's long-term condition during a maintenance partnership contract and to determine the optimal renovation timing and method. Many factors affect the condition of the network, which makes the determination of the service life difficult. The use of existing value assessment methods is also essential in order to assess the systems economically. However, the value should be addressed holistically instead of determining only the economic value of the system. In this paper, we provide a comprehensive discussion on the value assessment of the water and sewer systems. A method for assessing the development of value during maintenance or renovation contract is presented.",
keywords = "value assessment, water, sewer, pipeliness, asset management, renovation, outsourcing",
author = "Jyri Hanski and Tiia Luomanen and Helena Kortelainen and Tero V{\"a}lisalo",
note = "Project code: 42278",
year = "2013",
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language = "English",
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pages = "390--406",
journal = "International Journal of Strategic Engineering Asset Management",
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}

Methods for value assessment of water and sewer pipelines. / Hanski, Jyri; Luomanen, Tiia; Kortelainen, Helena; Välisalo, Tero.

In: International Journal of Strategic Engineering Asset Management, Vol. 1, No. 4, 2013, p. 390-406.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

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AU - Hanski, Jyri

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AU - Välisalo, Tero

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PY - 2013

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N2 - The value of existing assets has become a factor of special interest to the asset owners as outsourcing of maintenance duties has increased. The value of water and sewer systems should be assessed in order to follow up the development of the network's long-term condition during a maintenance partnership contract and to determine the optimal renovation timing and method. Many factors affect the condition of the network, which makes the determination of the service life difficult. The use of existing value assessment methods is also essential in order to assess the systems economically. However, the value should be addressed holistically instead of determining only the economic value of the system. In this paper, we provide a comprehensive discussion on the value assessment of the water and sewer systems. A method for assessing the development of value during maintenance or renovation contract is presented.

AB - The value of existing assets has become a factor of special interest to the asset owners as outsourcing of maintenance duties has increased. The value of water and sewer systems should be assessed in order to follow up the development of the network's long-term condition during a maintenance partnership contract and to determine the optimal renovation timing and method. Many factors affect the condition of the network, which makes the determination of the service life difficult. The use of existing value assessment methods is also essential in order to assess the systems economically. However, the value should be addressed holistically instead of determining only the economic value of the system. In this paper, we provide a comprehensive discussion on the value assessment of the water and sewer systems. A method for assessing the development of value during maintenance or renovation contract is presented.

KW - value assessment

KW - water

KW - sewer

KW - pipeliness

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KW - renovation

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