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Showing posts from September, 2022

Asset Management in Public Infrastructure in the USA Can BIM lead the way

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  Asset Management in Public Infrastructure The $20 trillion US economy heavily relies on a vast public infrastructure network from public transport to bridges to electrical grids, water carriage systems, and more. The country saw a historical movement in November 2021 when the government announced a commitment of hundreds of billions of dollars toward building new infrastructure. However, the existing infrastructure is rather overstretched and needs maintenance to be able to support ongoing needs. The report  Well Maintained: Economic Benefits from more Reliable and Resilient Infrastructure  published by The World Bank in May 2021 effectively documents how good and timely infrastructure maintenance boosts prosperity, enabling growth and well-being of people, firms, and economic systems. Estimating (just) the direct costs imposed on firms in low- and middle-income countries, sales losses due to power outages amount to $82 billion a year; disruptions to the water supply in...
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  Safety for the Construction Industry: Are we Building it Up enough? The bricks of any building, bridge, or any piece of infrastructure are laid by construction workers. No matter how advanced the technologies are involved on-site or how efficient the materials and processes deployed, the quality of construction will continue to depend significantly on the people who work on-site. Naturally, it is the responsibility of construction companies, firm owners, project managers, builders, architects, contractors, suppliers, and other such stakeholders to take care of the health and safety of the people working on site. Healthy, Safety, Environment (HSE) standards have been much discussed, but unfortunately, the construction industry globally has traditionally scored rather low on this parameter. A high number of fatalities, injuries, and illnesses are reported from all/most construction sites. It is common knowledge in this industry that construction is fraught with risks such as harmfu...