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Recent Trends and Applications in Physical Asset Management in the Context of Sustainable Development

A special issue of Sustainability (ISSN 2071-1050).

Deadline for manuscript submissions: closed (31 December 2021) | Viewed by 562

Special Issue Editors

Wroclaw University of Science and Technology, 27 Wybrzeze Wyspianskiego Street, 50-370 Wroclaw, Poland
Interests: maintenance; system reliability; logistic support; decision support systems; risk management; asset management

Special Issue Information

Dear Colleagues, 

The concept of sustainable development is based on the assumption that the needs of the present generation can be met without compromising the chances of future generations to meet them. To achieve this goal, effective and balanced management of physical assets becomes particularly important. Unlike the traditional (financial) approach, an engineering approach to asset management defines assets as objects, things or units that represent potential or actual value to the enterprise. At the same time, many authors note that key principles of asset management comprise a set of pre-asset acquisition strategies for planning and initiating assets, asset operation and maintenance, and performance monitoring, together with allied asset accounting and economics, or audit and renewal analysis. Asset management in the context of the concept of sustainable development is therefore becoming a critical task faced by modern organizations. 

A recent approach to the management of physical assets in the concept of sustainable development requires managers to create effective systems for their infrastructure maintenance, effective measurement systems to ensure safety and continuity of their operations, and complex systems to support managerial decisions. To be able to ensure the above, it is necessary to design processes resilient to potential disruptions, which usually reduce the effectiveness of actions taken. Hence, all methods and tools supporting them are of particular importance, aimed at assessing and managing the risks associated with operational processes. Strengthening planning processes through the implementation of a risk management system, especially in the area of logistic flows, results in increased efficiency in the use of the company’s physical assets and the achievement of objectives consistent with the concept of sustainable development. 

This Special Issue aims to present the state-of-the-art of theoretical developments and applications in the area of physical asset management in various industry sectors. Promoting research for innovative approaches to decision support systems, assessment method use, development of asset and risk management strategies in the frame of sustainable development, and resilience engineering are the key tasks of this Special Issue. 

Proposed topics of the Special Issue include but are not limited to the following:

  • Physical asset management;
  • Resilience engineering;
  • Reliability and risk assessment;
  • Risk management;
  • Supply chain resilience;
  • Business continuity management;
  • Critical infrastructure management;
  • Performance measurement;
  • Sustainability assessment;
  • Maturity modeling;
  • Safety management;
  • Decision analysis and decision-making problems in asset management;
  • Multicriteria decision making methods;
  • High reliability organizations;
  • Human reliability analysis;
  • Preventive and predictive maintenance;
  • Data mining and big data in asset management;
  • Machine learning for asset management;
  • Software tools for risk and resilience;
  • Artificial intelligence methods in asset management;
  • Logistic support modeling and optimization.
Prof. Dr. Agnieszka Tubis
Prof. Dr. Sylwia Werbińska-Wojciechowska
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • asset management
  • physical assets
  • risk management
  • risk mitigation
  • resilience engineering
  • operational resilience
  • vulnerability
  • sustainability assessment
  • indicators
  • maintenance
  • reliability modeling
  • MCDM
  • decision making
  • business continuity
  • supply chain
  • safety
  • logistics systems
  • disruptions
  • critical infrastructure

Published Papers

There is no accepted submissions to this special issue at this moment.
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