Asset life cycle management
Managing assets and networks efficiently at all stages through planning, construction, operations, maintenance and decommissioning is essential for ensuring greater value for money and better outcomes from infrastructure projects for society at large.
Note: Australia and Ireland do not have complete data for this indicator. Only the sub-pillars with complete data are included (countries with incomplete data are not included in the OECD average).
Why is this important?
Infrastructure assets are subject to value depreciation due to gradual wear or aging. Efficient and effective management can avoid faster asset deterioration, loss of asset value and higher costs. It can also help strengthen infrastructure resilience to shock events. A life-cycle approach to infrastructure planning and management can help optimise assets and ensure whole-of-life performance. It entails taking into account the potential costs of operation and maintenance from the very inception of the project and putting in place effective strategies for monitoring of asset performance during its operation.
Integration of life cycle costs in project appraisal and selection in OECD countries, 2023
Requirement for asset management plans in OECD countries, 2023
Continual monitoring of asset performance in OECD countries, 2023
Auditing criteria for infrastructure during its operational life in OECD countries, 2023
Country case studies
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Sustainable development indicators for road projects (NISTRA)
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Monitoring pavement performance
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Land Transport Benefits Framework
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InfraLCA
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Virtual Gothenburg – Gothenburg’s Digital Twin
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Network Status Reports
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Real-time monitoring for better bridge maintenance
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Planning and management of the Ridracoli dam
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Climate-Resilient Buildings and Core Public Infrastructure Initiative
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Climate Lens
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Evaluation of asset performance
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Network Performance Improvements (SNCF)
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Constitution of 1812 Bridge (GIH, 2021)
