Application of a Value-Based Decision-Making Process to an Industrial Water Supply System

Manuela Trindade, Nuno Almeida*, Matthias Finger, Jaime Gabriel Silva, Luís Ghira, João Vieira

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The quality requirements of industrial water are often not as strict as those of water for human consumption, but failure to fulfil the needs of industrial processes may result in extremely high economic impacts. Águas de Santo André (AdSA) is a Portuguese utility responsible for the industrial water supply system of the Industrial and Logistics Zone of Sines (IWSS-ILZS). This paper uses the IWSS-ILZS as a case study to test the application of a proposed value-based decision-making process for asset intensive organizations. The proposed process highlights the benefits of competing alternatives for renewing the infrastructure. It contributes to higher engagement in value-based thinking over the lifecycle of the asset base of AdSA, enabling the balancing of performance, cost and risk, and an increased alignment with corporate objectives and stakeholder needs and expectations.

Original languageEnglish
Title of host publicationEngineering Assets and Public Infrastructures in the Age of Digitalization - Proceedings of the 13th World Congress on Engineering Asset Management, WCEAM 2018
EditorsJayantha P. Liyanage, Joe Amadi-Echendu, Joseph Mathew
PublisherSpringer Science and Business Media Deutschland GmbH
Pages321-329
Number of pages9
ISBN (Print)9783030480202
DOIs
Publication statusPublished - 2020
Externally publishedYes
Event13th World Congress on Engineering Asset Management, WCEAM 2018 - Stavanger, Norway
Duration: 24 Sept 201826 Sept 2018

Publication series

NameLecture Notes in Mechanical Engineering
ISSN (Print)2195-4356
ISSN (Electronic)2195-4364

Conference

Conference13th World Congress on Engineering Asset Management, WCEAM 2018
Country/TerritoryNorway
CityStavanger
Period24/09/1826/09/18

Bibliographical note

Publisher Copyright:
© 2020, Springer Nature Switzerland AG.

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