1. Economic foundations of infrastructure management
For more details on this subject, please refer to [1][2][3].
Infrastructure management can set itself the following objectives:
maximize infrastructure use (and delay the need for capacity expansion);
maximizing customer satisfaction;
maximize revenues from infrastructure use ;
minimize infrastructure downtime or its consequences ;
minimize overall cost of ownership, by making appropriate trade-offs between initial investment and maintenance strategies.
Broader socio-economic objectives...
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Economic foundations of infrastructure management